Cantor outlines how to navigate the emerging Bitcoin treasury sector
Joelle M. Smith, the President of First Advantage Corp (NASDAQ:FA), a company currently valued at $3.2 billion, recently executed a significant stock transaction. According to InvestingPro data, the company’s shares are trading at $18.21, near their 52-week high of $20.79. On June 2, 2025, Smith sold 45,934 shares of First Advantage common stock, generating a total of $780,593. The shares were sold at prices ranging from $16.64 to $17.12, with a weighted average price of $16.9938. This sale was part of a pre-established Rule 10b5-1 trading plan adopted on February 28, 2025. Based on InvestingPro’s Fair Value analysis, the stock appears to be trading above its intrinsic value, with 8 additional exclusive insights available to subscribers.
In addition to the sale, Smith also exercised stock options, acquiring 28,000 shares of common stock at an adjusted exercise price of $5.11 per share. This adjustment reflects a $1.50 reduction due to anti-dilution adjustments related to a special cash dividend paid by the company in August 2023.
Following these transactions, Smith holds 42,727 shares of First Advantage common stock directly.
In other recent news, First Advantage Corp reported its Q1 2025 earnings, surpassing analyst expectations with an adjusted diluted EPS of $0.17, compared to the forecast of $0.13. The company’s revenue reached $355 million, exceeding the anticipated $344.66 million. The earnings call highlighted a 96% customer retention rate and record enterprise bookings, demonstrating strong operational performance. The firm achieved an adjusted EBITDA of $92 million, reflecting a 26% margin, up 200 basis points from the previous year. RBC Capital Markets maintained its Sector Perform rating on First Advantage stock with a $20 target, emphasizing the company’s growth strategy and technological advancements. The company has set ambitious financial targets for fiscal year 2028, including an EBITDA margin of 31-32% and adjusted EPS in the range of $1.65 to $2.00. First Advantage is also poised to engage in mergers and acquisitions to further its long-term growth objectives. The company’s strategic focus includes leveraging its Digital ID product and international market opportunities.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.