109,497 Shares in First Advantage Co. $FA Purchased by Renaissance Technologies LLC

Renaissance Technologies LLC bought a new stake in First Advantage Co. (NYSE:FA) during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 109,497 shares of the company’s stock, valued at approximately $1,288,000.

A number of other large investors have also recently bought and sold shares of FA. KBC Group NV bought a new position in shares of First Advantage during the 1st quarter worth approximately $35,000. Fifth Third Bancorp bought a new stake in shares of First Advantage in the first quarter worth $45,000. Clearstead Advisors LLC lifted its position in shares of First Advantage by 192.8% in the fourth quarter. Clearstead Advisors LLC now owns 4,333 shares of the company’s stock worth $63,000 after purchasing an additional 2,853 shares in the last quarter. Quantbot Technologies LP acquired a new position in First Advantage during the second quarter worth $81,000. Finally, BNP Paribas Financial Markets boosted its holdings in First Advantage by 105.7% during the second quarter. BNP Paribas Financial Markets now owns 7,166 shares of the company’s stock worth $119,000 after purchasing an additional 3,682 shares during the last quarter. Institutional investors and hedge funds own 94.91% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have issued reports on FA. Barclays lifted their price target on shares of First Advantage from $20.00 to $30.00 and gave the company an “overweight” rating in a research note on Friday, August 7th. JPMorgan Chase & Co. increased their price objective on shares of First Advantage from $15.00 to $18.00 and gave the stock an “overweight” rating in a research note on Friday, May 8th. Stifel Nicolaus set a $18.00 price objective on First Advantage in a report on Friday, May 8th. Royal Bank Of Canada lifted their target price on First Advantage from $21.00 to $24.00 and gave the company a “sector perform” rating in a research report on Friday, August 7th. Finally, Citigroup upped 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. Three equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $22.67.

Insiders Place Their Bets

In related news, Director James Lindsey Clark sold 4,921 shares of the stock in a transaction on Monday, June 8th. The stock was sold at an average price of $15.69, for a total value of $77,210.49. Following the sale, the director owned 56,844 shares in the company, valued at approximately $891,882.36. This represents a 7.97% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 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 Price Performance

Shares of NYSE FA opened at $22.20 on Friday. The business’s 50 day moving average price is $19.31 and its two-hundred day moving average price is $14.90. The company has a market cap of $3.81 billion, a PE ratio of 740.00 and a beta of 1.16. The company has a quick ratio of 3.85, a current ratio of 3.85 and a debt-to-equity ratio of 0.61. First Advantage Co. has a twelve month low of $8.82 and a twelve month high of $25.15.

First Advantage (NYSE:FA) last released its quarterly earnings data on Thursday, August 6th. The company reported $0.35 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.29 by $0.06. First Advantage had a return on equity of 13.16% and a net margin of 0.65%.During the same period in the previous year, the business earned $0.27 earnings per share. The business’s revenue was up 14.9% on a year-over-year basis. First Advantage has set its FY 2026 guidance at 1.23-1.290 EPS. On average, analysts predict that First Advantage Co. will post 0.74 EPS for the current year.

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.