Campbell & CO Investment Adviser LLC Purchases Shares of 14,337 First Advantage Co. $FA

Campbell & CO Investment Adviser LLC acquired a new position in First Advantage Co. (NYSE:FA) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 14,337 shares of the company’s stock, valued at approximately $238,000.

Several other institutional investors have also recently modified their holdings of the company. Signaturefd LLC purchased a new stake in First Advantage in the first quarter worth approximately $30,000. Caitong International Asset Management Co. Ltd lifted its holdings in shares of First Advantage by 1,208.3% in the 2nd quarter. Caitong International Asset Management Co. Ltd now owns 2,368 shares of the company’s stock worth $39,000 after acquiring an additional 2,187 shares during the last quarter. Parkside Financial Bank & Trust boosted its stake in shares of First Advantage by 22.8% in the 2nd quarter. Parkside Financial Bank & Trust now owns 7,164 shares of the company’s stock valued at $119,000 after purchasing an additional 1,328 shares in the last quarter. Russell Investments Group Ltd. grew its holdings in shares of First Advantage by 2,967.1% during the 1st quarter. Russell Investments Group Ltd. now owns 9,232 shares of the company’s stock valued at $130,000 after purchasing an additional 8,931 shares during the last quarter. Finally, TD Asset Management Inc bought a new position in shares of First Advantage during the 1st quarter valued at $187,000. 94.91% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the stock. Zacks Research lowered shares of First Advantage from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 7th. Needham & Company LLC reissued a “hold” rating on shares of First Advantage in a research note on Thursday, August 21st. Finally, JPMorgan Chase & Co. reduced their price target on First Advantage from $21.00 to $17.00 and set an “overweight” rating on the stock in a research report on Friday, November 7th. Three analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, First Advantage has an average rating of “Hold” and an average price target of $19.25.

Insider Activity

In other news, President Joelle M. Smith sold 9,900 shares of First Advantage stock in a transaction that occurred on Wednesday, September 17th. The shares were sold at an average price of $15.70, for a total transaction of $155,430.00. Following the completion of the transaction, the president directly owned 42,727 shares in the company, valued at approximately $670,813.90. This trade represents a 18.81% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 3.90% of the company’s stock.

First Advantage Stock Performance

Shares of First Advantage stock opened at $12.50 on Tuesday. First Advantage Co. has a 12 month low of $12.25 and a 12 month high of $20.36. The firm has a market capitalization of $2.18 billion, a P/E ratio of 416.67 and a beta of 1.19. The company has a current ratio of 3.85, a quick ratio of 3.85 and a debt-to-equity ratio of 0.61. The business has a fifty day simple moving average of $14.44 and a two-hundred day simple moving average of $16.16.

First Advantage (NYSE:FA) last released its earnings results on Thursday, November 6th. The company reported $0.30 earnings per share for the quarter, topping analysts’ consensus estimates of $0.28 by $0.02. First Advantage had a net margin of 0.65% and a return on equity of 13.16%. During the same period in the prior year, the firm posted $0.26 EPS. The firm’s revenue was up 105.5% compared to the same quarter last year. First Advantage has set its FY 2025 guidance at 0.980-1.020 EPS. On average, equities analysts forecast that First Advantage Co. will post 0.74 earnings per share for the current fiscal year.

First Advantage Profile

First Advantage Corporation provides employment background screening, identity, and verification solutions worldwide. It offers pre-onboarding products and solutions, such as criminal background checks, drug/health screening, extended workforce screening, FBI channeling, identity checks and biometric fraud mitigation tools, education/work history verification, driver records and compliance, healthcare credentials, executive screening, and other screening products.