First Advantage Corp’s filing revealed that its Officer GAMSEY DAVID L acquired Company’s shares for reported $4.44 million on Dec 02 ’24. In the deal valued at $19.02 per share,233,561 shares were bought.
Then, Jardine Bret T sold 30,000 shares, generating $522,429 in total proceeds. Upon selling the shares at $17.41, the Chief Legal Officer now owns 5,527 shares.
Before that, Jardine Bret T bought 30,000 shares. First Advantage Corp shares valued at $522,428 were divested by the Officer at a price of $17.41 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 jump 2.68% to $19.89. First Advantage Corp shares have risen nearly 20.04% since the year began. Nevertheless, the stocks have risen 24.86% over the past one year. While a 52-week high of $20.79 was reached on 11/12/24, a 52-week low of $14.01 was recorded on 02/29/24. SMA at 50 days reached $18.97, while 200 days put it at $17.30.
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 19.06. On the upside, there is a resistance level at 20.13. A further resistance level may holdings at 20.36. The Relative Strength Index (RSI) on the 14-day chart is 62.01, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.81, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 5.74%. Stochastics %K at 71.17% 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.
