First Advantage Co. $FA Shares Acquired by Quantinno Capital Management LP

Quantinno Capital Management LP increased its stake in shares of First Advantage Co. (NYSE:FA) by 581.4% in the first quarter, HoldingsChannel reports. The firm owned 214,882 shares of the company’s stock after buying an additional 183,345 shares during the quarter. Quantinno Capital Management LP’s holdings in First Advantage were worth $2,527,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Price T Rowe Associates Inc. MD lifted its holdings in First Advantage by 4.3% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 13,954,320 shares of the company’s stock valued at $202,757,000 after purchasing an additional 572,580 shares in the last quarter. Capital World Investors grew its holdings in shares of First Advantage by 9.4% during the fourth quarter. Capital World Investors now owns 9,098,714 shares of the company’s stock worth $132,204,000 after buying an additional 780,200 shares in the last quarter. Alliancebernstein L.P. raised its position in shares of First Advantage by 18.4% in the third quarter. Alliancebernstein L.P. now owns 6,225,825 shares of the company’s stock valued at $95,815,000 after buying an additional 969,314 shares during the last quarter. Cat Rock Capital Management LP raised its position in shares of First Advantage by 8.9% in the fourth quarter. Cat Rock Capital Management LP now owns 3,342,818 shares of the company’s stock valued at $48,571,000 after buying an additional 274,449 shares during the last quarter. Finally, Sunriver Management LLC lifted its stake in shares of First Advantage by 14.0% during the first quarter. Sunriver Management LLC now owns 3,032,711 shares of the company’s stock valued at $35,665,000 after buying an additional 371,425 shares during the period. Institutional investors and hedge funds own 94.91% of the company’s stock.

Key First Advantage News

Here are the key news stories impacting First Advantage this week:

• Positive Sentiment: Q2 earnings and revenue beat estimates: First Advantage reported adjusted diluted EPS of $0.35, above the $0.29 consensus and up from $0.27 a year earlier. Revenue rose 14.9% year over year to $448.8 million, while adjusted net income increased 30.8% to $61.4 million. First Advantage Q2 Earnings and Revenues Beat Estimates
• Positive Sentiment: Full-year outlook was raised: Management now expects 2026 revenue of $1.67 billion to $1.71 billion, adjusted EBITDA of $472 million to $486 million, and adjusted EPS of $1.23 to $1.29. The EPS outlook is above the roughly $1.21 analyst consensus, signaling confidence in continued operating momentum. First Advantage Reports Second Quarter 2026 Results
• Positive Sentiment: Capital returns and deleveraging support the shares: First Advantage repurchased $18.7 million of stock and made a further $45 million voluntary debt prepayment, following a $25 million payment in May. These actions can improve balance-sheet flexibility and enhance per-share value. First Advantage Reports Second Quarter 2026 Results
• Positive Sentiment: Analyst sentiment improved: Needham upgraded First Advantage from “Hold” to “Buy” and set a $28 price target, implying additional upside from the referenced market price.
• Neutral Sentiment: Valuation and margins remain considerations: The stock is trading near its 52-week high, and its reported P/E ratio is elevated. Adjusted EBITDA margin declined modestly year over year to 28.6%, which could limit upside if growth or profitability slows.

Analyst Ratings Changes

A number of analysts recently issued reports on FA shares. Needham & Company LLC upgraded shares of First Advantage from a “hold” rating to a “buy” rating and set a $28.00 target price on the stock in a research report on Thursday. JPMorgan Chase & Co. increased their price target on First Advantage from $15.00 to $18.00 and gave the stock an “overweight” rating in a research note on Friday, May 8th. Barclays lifted their price objective on First Advantage from $20.00 to $30.00 and gave the company an “overweight” rating in a research report on Friday. Royal Bank Of Canada upped their target price on First Advantage from $21.00 to $24.00 and gave the company a “sector perform” rating in a research note on Friday. Finally, Stifel Nicolaus set a $18.00 target price on First Advantage in a research report on Friday, May 8th. Three research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $22.67.

First Advantage Price Performance

First Advantage stock opened at $24.01 on Monday. First Advantage Co. has a 1 year low of $8.82 and a 1 year high of $25.15. The company has a debt-to-equity ratio of 0.61, a quick ratio of 3.85 and a current ratio of 3.85. The firm has a 50 day moving average price of $18.86 and a 200 day moving average price of $14.69. The company has a market cap of $4.12 billion, a price-to-earnings ratio of 800.33 and a beta of 1.16.

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

Insider Buying and Selling at First Advantage

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 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 position. The sale was disclosed in a filing with the SEC, which can be accessed 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.

About First Advantage

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.