Sunriver Management LLC Has $36.18 Million Position in First Advantage Co. $FA

Sunriver Management LLC increased its holdings in shares of First Advantage Co. (NYSE:FA) by 46.1% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 2,350,614 shares of the company’s stock after purchasing an additional 741,913 shares during the period. First Advantage makes up approximately 3.9% of Sunriver Management LLC’s holdings, making the stock its 17th largest position. Sunriver Management LLC’s holdings in First Advantage were worth $36,176,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in FA. American Century Companies Inc. grew its holdings in First Advantage by 3.8% in the 2nd quarter. American Century Companies Inc. now owns 2,562,204 shares of the company’s stock valued at $42,558,000 after buying an additional 94,220 shares during the last quarter. Boston Partners lifted its holdings in shares of First Advantage by 19.6% during the second quarter. Boston Partners now owns 2,896,207 shares of the company’s stock worth $47,866,000 after buying an additional 474,634 shares during the last quarter. BloombergSen Inc. boosted its position in shares of First Advantage by 100.4% in the third quarter. BloombergSen Inc. now owns 266,324 shares of the company’s stock valued at $4,099,000 after acquiring an additional 133,436 shares during the period. New York State Common Retirement Fund grew its stake in shares of First Advantage by 16.9% in the second quarter. New York State Common Retirement Fund now owns 548,611 shares of the company’s stock worth $9,112,000 after acquiring an additional 79,211 shares during the last quarter. Finally, Geode Capital Management LLC grew its stake in shares of First Advantage by 16.2% in the second quarter. Geode Capital Management LLC now owns 1,818,904 shares of the company’s stock worth $30,215,000 after acquiring an additional 253,773 shares during the last quarter. Institutional investors own 94.91% of the company’s stock.

First Advantage Stock Performance

Shares of NYSE:FA traded up $0.08 during trading on Friday, hitting $11.14. 18,095 shares of the stock were exchanged, compared to its average volume of 1,133,793. The company has a market capitalization of $1.94 billion, a price-to-earnings ratio of 368.63 and a beta of 1.19. 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 1-year low of $8.82 and a 1-year high of $19.01. The company’s fifty day simple moving average is $12.54 and its 200-day simple moving average is $13.88.

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

Analyst Upgrades and Downgrades

Several equities analysts recently commented on FA shares. Barclays upgraded shares of First Advantage from an “equal weight” rating to an “overweight” rating and upped their target price for the company from $14.00 to $15.00 in a research note on Friday, March 6th. Zacks Research downgraded shares of First Advantage from a “strong-buy” rating to a “hold” rating in a report on Monday, January 5th. Finally, Citigroup cut their price objective on shares of First Advantage from $16.00 to $15.00 and set a “neutral” rating for the company in a research report on Friday, March 6th. Two investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, First Advantage has an average rating of “Hold” and an average target price of $16.75.

First Advantage 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.