Legal & General Group Plc Makes New $3.31 Million Investment in First Advantage Co. $FA

Legal & General Group Plc acquired a new stake in First Advantage Co. (NYSE:FA) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 183,427 shares of the company’s stock, valued at approximately $3,311,000.

A number of other hedge funds also recently modified their holdings of the stock. Brighton Jones LLC bought a new position in First Advantage in the 4th quarter valued at about $257,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in First Advantage by 4.3% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 35,567 shares of the company’s stock worth $501,000 after purchasing an additional 1,471 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in First Advantage by 7.5% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 239,233 shares of the company’s stock worth $3,371,000 after purchasing an additional 16,664 shares during the last quarter. Prudential Financial Inc. bought a new stake in First Advantage in the 2nd quarter valued at $167,000. Finally, Russell Investments Group Ltd. boosted its stake in First Advantage by 627.7% in the 2nd quarter. Russell Investments Group Ltd. now owns 67,178 shares of the company’s stock valued at $1,116,000 after purchasing an additional 57,946 shares during the period. Institutional investors and hedge funds own 94.91% of the company’s stock.

Analyst Upgrades and Downgrades

FA has been the topic of several recent research reports. 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. Zacks Research raised shares of First Advantage from a “hold” rating to a “strong-buy” rating in a research report on Monday, August 17th. Royal Bank Of Canada lifted their price objective on shares of First Advantage from $21.00 to $24.00 and gave the stock a “sector perform” rating in a research note on Friday, August 7th. Needham & Company LLC raised shares of First Advantage from a “hold” rating to a “buy” rating and set a $28.00 target price on the stock in a report on Thursday, August 6th. Finally, Citigroup lifted their price target on shares of First Advantage from $18.00 to $22.00 and gave the company a “neutral” rating in a research report on Monday, August 17th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $23.33.

First Advantage Stock Performance

Shares of NYSE:FA opened at $21.38 on Friday. First Advantage Co. has a 1 year low of $8.82 and a 1 year high of $25.15. The stock has a market capitalization of $3.67 billion, a price-to-earnings ratio of 712.67 and a beta of 1.15. The company has a debt-to-equity ratio of 0.61, a current ratio of 3.85 and a quick ratio of 3.85. The company’s 50 day simple moving average is $20.76 and its 200 day simple moving average is $15.84.

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

Insider Buying and Selling at First Advantage

In related news, Director James Clark sold 4,921 shares of the company’s stock in a transaction on Monday, June 8th. The stock was sold at an average price of $15.69, for a total transaction of $77,210.49. Following the completion of the sale, the director directly owned 56,844 shares in the company, valued at $891,882.36. This represents a 7.97% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 4.40% of the stock is currently owned by corporate 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.