First Advantage Co. $FA Shares Acquired by Sunriver Management LLC

Sunriver Management LLC increased its position in shares of First Advantage Co. (NYSE:FA) by 14.0% during the first quarter, Holdings Channel reports. The institutional investor owned 3,032,711 shares of the company’s stock after buying an additional 371,425 shares during the quarter. First Advantage comprises about 6.0% of Sunriver Management LLC’s portfolio, making the stock its 6th largest holding. Sunriver Management LLC’s holdings in First Advantage were worth $35,665,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in FA. KBC Group NV purchased a new position in First Advantage in the first quarter worth approximately $35,000. Fifth Third Bancorp purchased a new stake in shares of First Advantage in the 1st quarter valued at approximately $45,000. Clearstead Advisors LLC increased its position in shares of First Advantage by 192.8% in the 4th quarter. Clearstead Advisors LLC now owns 4,333 shares of the company’s stock valued at $63,000 after purchasing an additional 2,853 shares during the last quarter. Quantbot Technologies LP acquired a new stake in shares of First Advantage in the 2nd quarter valued at $81,000. Finally, BNP Paribas Financial Markets raised its holdings in shares of First Advantage by 105.7% in the 2nd quarter. BNP Paribas Financial Markets now owns 7,166 shares of the company’s stock valued at $119,000 after purchasing an additional 3,682 shares in the last quarter. Institutional investors and hedge funds own 94.91% of the company’s stock.

First Advantage Stock Up 2.4%

First Advantage stock opened at $19.64 on Friday. First Advantage Co. has a fifty-two week low of $8.82 and a fifty-two week high of $22.78. 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 company has a market capitalization of $3.37 billion, a P/E ratio of 654.67 and a beta of 1.17. The stock has a 50-day simple moving average of $17.70 and a 200-day simple moving average of $14.27.

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

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the stock. JPMorgan Chase & Co. boosted their target price 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. Citigroup raised their price target on First Advantage from $15.00 to $18.00 and gave the company a “neutral” rating in a research note on Monday, May 11th. Stifel Nicolaus set a $18.00 price target on First Advantage in a report on Friday, May 8th. Finally, Barclays lifted their price target on First Advantage from $15.00 to $20.00 and gave the stock an “overweight” rating in a report on Friday, May 8th. Two investment analysts have rated the stock with a Buy rating and three 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 $18.50.

Insider Buying and Selling

In other news, Director James Lindsey Clark sold 4,921 shares of First Advantage 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 $891,882.36. The trade was a 7.97% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, President Joelle M. Smith sold 23,334 shares of the company’s stock in a transaction on Thursday, May 7th. The shares were sold at an average price of $15.00, for a total transaction of $350,010.00. Following the completion of the sale, the president owned 19,393 shares of the company’s stock, valued at approximately $290,895. This trade represents a 54.61% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 4.40% of the stock is currently owned by insiders.

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.