Capital Research Global Investors Sells 163,702 Shares of First Advantage Co. $FA

Capital Research Global Investors lessened its holdings in First Advantage Co. (NYSE:FA) by 3.2% during the third quarter, HoldingsChannel.com reports. The firm owned 4,880,860 shares of the company’s stock after selling 163,702 shares during the period. Capital Research Global Investors’ holdings in First Advantage were worth $75,116,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in FA. Brighton Jones LLC acquired a new stake in First Advantage in the 4th quarter valued at $257,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of First Advantage by 4.3% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 35,567 shares of the company’s stock worth $501,000 after buying an additional 1,471 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in shares of First Advantage by 7.5% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 239,233 shares of the company’s stock worth $3,371,000 after buying an additional 16,664 shares during the last quarter. Envestnet Asset Management Inc. grew its holdings in shares of First Advantage by 59.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 63,452 shares of the company’s stock valued at $1,054,000 after acquiring an additional 23,731 shares in the last quarter. Finally, Campbell & CO Investment Adviser LLC acquired a new stake in shares of First Advantage in the second quarter valued at about $238,000. Institutional investors and hedge funds own 94.91% of the company’s stock.

First Advantage Trading Down 2.6%

Shares of FA stock opened at $11.22 on Thursday. The firm has a 50 day moving average price of $12.61 and a two-hundred day moving average price of $13.90. The company has a quick ratio of 3.85, a current ratio of 3.85 and a debt-to-equity ratio of 0.61. The company has a market capitalization of $1.96 billion, a PE ratio of 374.00 and a beta of 1.19. First Advantage Co. has a 12-month low of $8.82 and a 12-month high of $19.01.

First Advantage (NYSE:FA) last announced its earnings results on Thursday, February 26th. The company reported $0.30 earnings per share for the quarter, topping analysts’ consensus estimates of $0.26 by $0.04. First Advantage had a return on equity of 13.16% and a net margin of 0.65%.The business’s quarterly revenue was up 36.8% compared to the same quarter last year. During the same quarter last year, the company earned $0.18 EPS. First Advantage has set its FY 2026 guidance at 1.150-1.250 EPS. As a group, analysts predict that First Advantage Co. will post 0.74 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several brokerages recently commented on FA. Barclays raised First Advantage from an “equal weight” rating to an “overweight” rating and increased their price target for the company from $14.00 to $15.00 in a research report on Friday, March 6th. Citigroup decreased their target price on shares of First Advantage from $16.00 to $15.00 and set a “neutral” rating for the company in a research note on Friday, March 6th. Finally, Zacks Research downgraded shares of First Advantage from a “strong-buy” rating to a “hold” rating in a report on Monday, January 5th. Two equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat.com, First Advantage has an average rating of “Hold” and a consensus price target of $16.75.

First Advantage 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.