Estuary Capital Management LP Takes Position in First Advantage Co. $FA

Estuary Capital Management LP acquired a new position in shares of First Advantage Co. (NYSE:FA) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 557,682 shares of the company’s stock, valued at approximately $6,558,000. First Advantage makes up about 1.1% of Estuary Capital Management LP’s investment portfolio, making the stock its 21st biggest position.

Several other large investors also recently made changes to their positions in FA. Alliancebernstein L.P. raised its stake in First Advantage by 724.5% during the 2nd quarter. Alliancebernstein L.P. now owns 5,256,511 shares of the company’s stock worth $87,311,000 after buying an additional 4,618,946 shares during the period. Capital World Investors grew its stake in First Advantage by 9.4% in the fourth quarter. Capital World Investors now owns 9,098,714 shares of the company’s stock valued at $132,204,000 after acquiring an additional 780,200 shares during the period. SG Americas Securities LLC increased its holdings in shares of First Advantage by 8,338.6% during the fourth quarter. SG Americas Securities LLC now owns 777,275 shares of the company’s stock valued at $11,294,000 after acquiring an additional 768,064 shares in the last quarter. Price T Rowe Associates Inc. MD increased its holdings in shares of First Advantage by 4.3% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 13,954,320 shares of the company’s stock valued at $202,757,000 after acquiring an additional 572,580 shares in the last quarter. Finally, Jane Street Group LLC acquired a new position in shares of First Advantage during the second quarter worth approximately $7,107,000. 94.91% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at First Advantage

In related news, President Joelle M. Smith sold 23,334 shares of First Advantage stock in a transaction that occurred on Thursday, May 7th. The shares were sold at an average price of $15.00, for a total value of $350,010.00. Following the sale, the president owned 19,393 shares of the company’s stock, valued at approximately $290,895. The trade was a 54.61% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director James Lindsey Clark sold 4,921 shares of the stock in a transaction on Monday, June 8th. The shares were sold at an average price of $15.69, for a total value of $77,210.49. Following the transaction, the director directly owned 56,844 shares of the company’s stock, valued at approximately $891,882.36. This trade represents a 7.97% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 4.40% of the company’s stock.

First Advantage Trading Up 1.9%

NYSE FA opened at $20.01 on Tuesday. The business has a fifty day simple moving average of $17.79 and a 200 day simple moving average of $14.30. The firm has a market capitalization of $3.43 billion, a P/E ratio of 667.00 and a beta of 1.17. The company has a current ratio of 3.85, a quick ratio of 3.85 and a debt-to-equity ratio of 0.61. First Advantage Co. has a 12 month low of $8.82 and a 12 month high of $22.78.

First Advantage (NYSE:FA) last released its quarterly earnings results on Thursday, May 7th. The company reported $0.26 earnings per share for the quarter, topping the consensus estimate of $0.21 by $0.05. First Advantage had a net margin of 0.65% and a return on equity of 13.16%. During the same quarter in the previous year, the firm earned $0.17 EPS. The company’s quarterly revenue was up 8.6% compared to the same quarter last year. First Advantage has set its FY 2026 guidance at 1.150-1.250 EPS. On average, analysts predict that First Advantage Co. will post 0.74 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages recently issued reports on FA. Citigroup increased their target price on First Advantage from $15.00 to $18.00 and gave the stock a “neutral” rating in a report on Monday, May 11th. Barclays upped their price objective on shares of First Advantage from $15.00 to $20.00 and gave the stock an “overweight” rating in a report on Friday, May 8th. JPMorgan Chase & Co. raised their price objective on shares of First Advantage from $15.00 to $18.00 and gave the company an “overweight” rating in a research note on Friday, May 8th. Finally, Stifel Nicolaus set a $18.00 price objective on shares of First Advantage in a report on Friday, May 8th. Two research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $18.50.

First Advantage Company Profile

First Advantage is a global provider of background screening, identity verification and workforce risk management solutions. The company delivers a comprehensive suite of services that help employers verify candidate credentials, manage regulatory compliance and mitigate risk throughout the employee lifecycle. Its platform is built to integrate with leading human capital management and applicant tracking systems, enabling a seamless and scalable experience for organizations of all sizes.

The company’s core offerings include pre-employment and continuous background screening, digital identity verification, drug and health testing, and ongoing employee monitoring.