Sei Investments Co. Buys 45,608 Shares of First Advantage Co. $FA

Key Points

• Sei Investments increased its First Advantage stake by 33.6% in the first quarter, purchasing 45,608 additional shares and bringing its total ownership to 181,210 shares, valued at approximately $2.13 million.
• Institutional investors own 94.91% of First Advantage, while analyst sentiment is moderately positive: three analysts rate the stock Buy and three rate it Hold, producing an average price target of $22.67.
• First Advantage exceeded quarterly earnings expectations, reporting $0.35 EPS versus $0.29 expected and 14.9% year-over-year revenue growth. Management issued fiscal 2026 EPS guidance of $1.23 to $1.29, while the company also repurchased stock and prepaid debt.

Sei Investments Co. raised its stake in First Advantage Co. (NYSE:FA - Free Report) by 33.6% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 181,210 shares of the company's stock after purchasing an additional 45,608 shares during the period. Sei Investments Co. owned approximately 0.11% of First Advantage worth $2,131,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of FA. Brighton Jones LLC bought a new position in shares of First Advantage during the 4th quarter worth about $257,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in First Advantage by 4.3% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 35,567 shares of the company's stock valued at $501,000 after acquiring an additional 1,471 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in First Advantage by 7.5% in 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 valued at $3,371,000 after acquiring an additional 16,664 shares in the last quarter. Prudential Financial Inc. acquired a new position in First Advantage in the 2nd quarter valued at approximately $167,000. Finally, Russell Investments Group Ltd. lifted its position in shares of First Advantage by 627.7% in the 2nd quarter. Russell Investments Group Ltd. now owns 67,178 shares of the company's stock worth $1,116,000 after acquiring an additional 57,946 shares during the period. 94.91% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on FA shares. Royal Bank Of Canada lifted their price objective on First Advantage from $21.00 to $24.00 and gave the stock a "sector perform" rating in a report on Friday. JPMorgan Chase & Co. raised their target price on First Advantage from $15.00 to $18.00 and gave the stock an "overweight" rating in a research report on Friday, May 8th. Stifel Nicolaus set a $18.00 price target on shares of First Advantage in a research note on Friday, May 8th. Needham & Company LLC raised shares of First Advantage from a "hold" rating to a "buy" rating and set a $28.00 price target on the stock in a report on Thursday. Finally, Citigroup increased their price objective on shares of First Advantage from $15.00 to $18.00 and gave the company a "neutral" rating in a research note on Monday, May 11th. Three research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $22.67.

First Advantage Price Performance

Shares of NYSE FA opened at $24.01 on Monday. The stock has a market cap of $4.12 billion, a PE ratio of 800.33 and a beta of 1.16. The business has a fifty day moving average of $18.86 and a two-hundred day moving average of $14.69. First Advantage Co. has a 52-week low of $8.82 and a 52-week high of $25.15. 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 (NYSE:FA - Get Free Report) last posted 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 net margin of 0.65% and a return on equity of 13.16%. The company's revenue was up 14.9% compared to the same quarter last year. During the same period last year, the business posted $0.27 EPS. First Advantage has set its FY 2026 guidance at 1.23-1.290 EPS. As a group, equities research analysts expect that First Advantage Co. will post 0.74 earnings per share for the current fiscal year.

Insider Buying and Selling

In other First Advantage news, Director James Lindsey Clark sold 4,921 shares of the business's stock in a transaction dated 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 in the company, valued at $891,882.36. The trade was a 7.97% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 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 News Summary

Here are the key news stories impacting First Advantage this week:

• Positive Sentiment: Q2 earnings and revenue beat estimates: First Advantage reported adjusted diluted EPS of $0.35, above the $0.29 consensus and up from $0.27 a year earlier. Revenue rose 14.9% year over year to $448.8 million, while adjusted net income increased 30.8% to $61.4 million. First Advantage Q2 Earnings and Revenues Beat Estimates
• Positive Sentiment: Full-year outlook was raised: Management now expects 2026 revenue of $1.67 billion to $1.71 billion, adjusted EBITDA of $472 million to $486 million, and adjusted EPS of $1.23 to $1.29. The EPS outlook is above the roughly $1.21 analyst consensus, signaling confidence in continued operating momentum. First Advantage Reports Second Quarter 2026 Results
• Positive Sentiment: Capital returns and deleveraging support the shares: First Advantage repurchased $18.7 million of stock and made a further $45 million voluntary debt prepayment, following a $25 million payment in May. These actions can improve balance-sheet flexibility and enhance per-share value. First Advantage Reports Second Quarter 2026 Results
• Positive Sentiment: Analyst sentiment improved: Needham upgraded First Advantage from “Hold” to “Buy” and set a $28 price target, implying additional upside from the referenced market price.
• Neutral Sentiment: Valuation and margins remain considerations: The stock is trading near its 52-week high, and its reported P/E ratio is elevated. Adjusted EBITDA margin declined modestly year over year to 28.6%, which could limit upside if growth or profitability slows.

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.

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