Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. First Advantage Corp shares valued at $4,443,498 were purchased by GAMSEY DAVID L on Dec 02 ’24. At $19.02 per share, GAMSEY DAVID L acquired 233,561 shares.
Also, Jardine Bret T sold 30,000 shares, netting a total of over 522,429 in proceeds. Following the sale of shares at $17.41 each, the insider now holds 5,527 shares.
Before that, Jardine Bret T had added 30,000 shares to its account. In a trade valued at $522,428, the Officer bought First Advantage Corp shares for $17.41 each.
As published in their initiating research note from BMO Capital Markets on December 11, 2024, First Advantage Corp [FA] has been an Outperform and the price target has been revised to $20. Earlier on October 10, 2024, Wolfe Research downgraded its rating. Their new recommendation was “a Peer perform” for FA stock which previously was a “an Outperform”.
Analyzing FA Stock Performance
During the last five days, there has been a drop of approximately -2.83%. Over the course of the year, First Advantage Corp shares have jumped approximately 16.17%. Shares of the company reached a 52-week high of $20.79 on 11/12/24 and a 52-week low of $14.01 on 02/29/24. A 50-day SMA is recorded $18.94, while a 200-day SMA reached $17.46. Nevertheless, trading volume fell to 1.52 million shares from 1.38 million shares the previous day.
Support And Resistance Levels for First Advantage Corp (FA)
According to the 24-hour chart, there is a support level at 18.94, which, if violated, would cause prices to drop to 18.63. In the upper region, resistance lies at 19.74. The next price resistance is at 20.23. RSI (Relative Strength Index) is 50.56 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.31, which suggests the price will decrease in the coming days. Percent R is at 77.43%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
