KD Logo

Barclays gives an Overweight recommendation for First Advantage Corp (FA)

First Advantage Corp’s recent filing unveils that its Chief Legal Officer Jardine Bret T unloaded Company’s shares for reported $0.52 million on Nov 18 ’24. In the deal valued at $17.41 per share,30,000 shares were sold. As a result of this transaction, Jardine Bret T now holds 5,527 shares worth roughly $0.11 million.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Then, Jardine Bret T bought 30,000 shares, generating $522,428 in total proceeds.

Before that, Jaeger Joseph K. bought 67,777 shares. First Advantage Corp shares valued at $1,238,757 were divested by the Former Officer at a price of $18.28 per share.

Wolfe Research also remained covering FA and has decreased its forecast on October 10, 2024 with a “Peer perform” recommendation from previously “an Outperform” rating. William Blair started covering the stock on April 23, 2024. It rated FA as “an Outperform”.

Price Performance Review of FA

On Tuesday, First Advantage Corp [NASDAQ:FA] saw its stock fall -0.80% to $19.73. Over the last five days, the stock has gained 12.04%. First Advantage Corp shares have risen nearly 19.07% since the year began. Nevertheless, the stocks have risen 28.62% over the past one year. While a 52-week high of $20.79 was reached on 11/12/24, a 52-week low of $13.88 was recorded on 02/29/24. SMA at 50 days reached $18.99, while 200 days put it at $17.25.

Levels Of Support And Resistance For FA Stock

The 24-hour chart illustrates a support level at 19.48, which if violated will result in even more drops to 19.23. On the upside, there is a resistance level at 19.99. A further resistance level may holdings at 20.25. The Relative Strength Index (RSI) on the 14-day chart is 62.10, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.13, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 28.73%. Stochastics %K at 67.03% indicates the stock is a holding.

How much short interest is there in First Advantage Corp?

A steep rise in short interest was recorded in First Advantage Corp stocks on 2024-11-15, dropping by -1.02 million shares to a total of 5.14 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-15 was 6.16 million shares. There was a decline of -19.85%, which implies that there is a negative sentiment for the stock.

The most recent change occurred on September 14, 2023 when Wolfe Research began covering the stock and recommended ‘”an Outperform”‘ rating along with a $17 price target.

Most Popular