JPMorgan Chase & Co. Has $51.02 Million Stock Position in First Advantage Co. $FA

JPMorgan Chase & Co. lifted its stake in shares of First Advantage Co. (NYSE:FA) by 8.4% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,315,150 shares of the company’s stock after purchasing an additional 255,641 shares during the quarter. JPMorgan Chase & Co. owned about 1.90% of First Advantage worth $51,020,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the company. Quantbot Technologies LP bought a new position in First Advantage in the second quarter worth approximately $81,000. BNP Paribas Financial Markets raised its position in shares of First Advantage by 105.7% during the second quarter. BNP Paribas Financial Markets now owns 7,166 shares of the company’s stock worth $119,000 after purchasing an additional 3,682 shares during the period. Tower Research Capital LLC TRC raised its position in shares of First Advantage by 503.2% during the second quarter. Tower Research Capital LLC TRC now owns 7,932 shares of the company’s stock worth $132,000 after purchasing an additional 6,617 shares during the period. Ameritas Investment Partners Inc. lifted its holdings in shares of First Advantage by 29.1% in the 2nd quarter. Ameritas Investment Partners Inc. now owns 8,088 shares of the company’s stock worth $134,000 after purchasing an additional 1,821 shares in the last quarter. Finally, SG Americas Securities LLC lifted its holdings in shares of First Advantage by 22.6% in the 3rd quarter. SG Americas Securities LLC now owns 9,211 shares of the company’s stock worth $142,000 after purchasing an additional 1,700 shares in the last quarter. 94.91% of the stock is currently owned by institutional investors and hedge funds.

First Advantage Price Performance

Shares of NYSE:FA opened at $10.69 on Friday. 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 stock has a market cap of $1.86 billion, a PE ratio of 356.33 and a beta of 1.19. The stock’s fifty day simple moving average is $12.01 and its two-hundred day simple moving average is $13.64. First Advantage Co. has a 1-year low of $8.82 and a 1-year high of $19.01.

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

Wall Street Analyst Weigh In

A number of analysts have commented on FA shares. Citigroup decreased their price target 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. Zacks Research lowered shares of First Advantage from a “strong-buy” rating to a “hold” rating in a research note on Monday, January 5th. Finally, Barclays upgraded shares of First Advantage from an “equal weight” rating to an “overweight” rating and lifted their price objective for the company from $14.00 to $15.00 in a report on Friday, March 6th. Two analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $16.75.

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.