North Star Asset Management Inc. Purchases Shares of 194,065 First Advantage Co. $FA

North Star Asset Management Inc. purchased a new position in shares of First Advantage Co. (NYSE:FA) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 194,065 shares of the company’s stock, valued at approximately $3,503,000. North Star Asset Management Inc. owned approximately 0.11% of First Advantage as of its most recent filing with the SEC.

Other large investors have also bought and sold shares of the company. Corient Private Wealth LP acquired a new stake in shares of First Advantage in the 2nd quarter valued at about $2,618,000. Bamco Inc. NY bought a new stake in First Advantage during the second quarter worth $63,214,000. Bank of America Corp DE bought a new stake in shares of First Advantage in the 2nd quarter worth $7,600,000. Man Group plc purchased a new stake in First Advantage in the 2nd quarter valued at about $1,265,000. Finally, Jupiter Topco LLC bought a new position in shares of First Advantage during the 2nd quarter worth approximately $3,275,000. 94.91% of the stock is currently owned by institutional investors and hedge funds.

First Advantage Price Performance

Shares of First Advantage stock opened at $20.93 on Friday. The company has a fifty day moving average of $20.27 and a 200-day moving average of $15.45. The company has a debt-to-equity ratio of 0.61, a quick ratio of 3.85 and a current ratio of 3.85. First Advantage Co. has a 52-week low of $8.82 and a 52-week high of $25.15. The stock has a market capitalization of $3.59 billion, a price-to-earnings ratio of 697.67 and a beta of 1.16.

First Advantage (NYSE:FA) last announced 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 quarter in the previous year, the company earned $0.27 EPS. The firm’s revenue was up 14.9% compared to the same quarter last year. First Advantage has set its FY 2026 guidance at 1.23-1.290 EPS. Equities research analysts expect that First Advantage Co. will post 0.74 EPS for the current year.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the company. Citigroup upped their target price on First Advantage from $18.00 to $22.00 and gave the company a “neutral” rating in a report on Monday, August 17th. Needham & Company LLC upgraded shares of First Advantage from a “hold” rating to a “buy” rating and set a $28.00 price objective for the company in a research note on Thursday, August 6th. Royal Bank Of Canada upped their price target 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. JPMorgan Chase & Co. increased their price objective on First Advantage from $15.00 to $18.00 and gave the stock an “overweight” rating in a research report on Friday, May 8th. Finally, Barclays upped their target price on First Advantage from $20.00 to $30.00 and gave the stock an “overweight” rating in a research note on Friday, August 7th. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, First Advantage currently has a consensus rating of “Moderate Buy” and a consensus target price of $23.33.

Insider Transactions at First Advantage

In other First Advantage news, Director James Lindsey Clark sold 4,921 shares of the firm’s 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 sale, the director owned 56,844 shares of the company’s stock, valued at $891,882.36. This trade represents a 7.97% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 4.40% of the stock is currently owned by company insiders.

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.