FIRST ADVANTAGE CORP
First Advantage (NASDAQ:FA) shares rose 3.9% after the company reported Q2 2026 results that beat expectations and raised full-year guidance. Revenue increased 14.9% to $448.8M and adjusted EPS rose 30% to $0.35. FY 2026 outlook now calls for revenue of $1.67B to $1.71B and adjusted EPS of $1.23 to $1.29, plus $70M in voluntary debt prepayments.
First Advantage Corp (FA) reported that Silver Lake affiliates sold 12.5M shares of its common stock on Aug. 12, 2026 at a net price of $22.015 per share, tied to a $22.20 secondary offering price less a $0.185 underwriting discount. The same day, affiliates made in-kind distributions of 4,028,842 shares under Rule 16a-13, changing director Joseph Osnoss’s direct and indirect holdings.
SLTA V (GP), L.L.C. sold 12,500,000 indirectly-held shares of FIRST ADVANTAGE CORP (FA) at $22.02 ($275.19M total) on 2026-08-12. Filed jointly with Silver Lake Group, L.L.C. (Director), Silver Lake Technology Associates V, L.P. (Director), SLP Fastball Aggregator, L.P. (Director), Osnoss Joseph (Director) and SLP V Aggregator GP, L.L.C. (Director).
Over the past 7 days, alphai's AI scored 15 news stories mentioning FA (FIRST ADVANTAGE CORP). Coverage has skewed bearish: 3 bullish, 6 neutral, and 6 bearish.
Recent FA coverage spans financial news, earnings and market movers.
In the last 30 days, FA insiders filed 1 SEC Form 4 transaction — no purchases and 1 sale ($275.2M). The most active reporter was SLTA V (GP), L.L.C. with 1 filing.
Raised FY revenue and adjusted EPS guidance alongside deleveraging updates, supporting a near-term positive re-rating for FA.
Large insider-affiliated secondary sales can pressure near-term sentiment and raise questions about overhang, though the filing does not indicate fundamentals deterioration.
Large insider sale via indirect holdings may modestly pressure sentiment, but it is not a fundamental change signal by itself.
Dilution from the follow-on plus higher guidance creates a mixed setup: near-term overhang from issuance, offset by improved revenue confidence tied to contract wins and FA 5.0 progress.
The filing confirms a near-10% passive stake with sole voting and dispositive power, which can affect perceived control and future activism risk.
alphai scores every news story that mentions FA with an AI model for sentiment and relevance, and aggregates insider trades from FIRST ADVANTAGE CORP's SEC EDGAR Form 4 filings. Figures refresh continuously.
First Advantage (NASDAQ:FA) shares rose 3.9% after the company reported Q2 2026 results that beat expectations and raised full-year guidance. Revenue increased 14.9% to $448.8M and adjusted EPS rose 30% to $0.35. FY 2026 outlook now calls for revenue of $1.67B to $1.71B and adjusted EPS of $1.23 to $1.29, plus $70M in voluntary debt prepayments.
4 min readFirst Advantage Corp (FA) reported that Silver Lake affiliates sold 12.5M shares of its common stock on Aug. 12, 2026 at a net price of $22.015 per share, tied to a $22.20 secondary offering price less a $0.185 underwriting discount. The same day, affiliates made in-kind distributions of 4,028,842 shares under Rule 16a-13, changing director Joseph Osnoss’s direct and indirect holdings.
3 min readSLTA V (GP), L.L.C. sold 12,500,000 indirectly-held shares of FIRST ADVANTAGE CORP (FA) at $22.02 ($275.19M total) on 2026-08-12. Filed jointly with Silver Lake Group, L.L.C. (Director), Silver Lake Technology Associates V, L.P. (Director), SLP Fastball Aggregator, L.P. (Director), Osnoss Joseph (Director) and SLP V Aggregator GP, L.L.C. (Director).
2 min readFirst Advantage (FA) shares fell about 8% after a US$277.5 million follow-on equity offering of 12.5 million shares at $22.20 each. The company also filed a $2.10 billion shelf registration and raised 2026 revenue guidance to $1.67 billion to $1.71 billion, citing stronger Q2 results and contract wins.
6 min readT. Rowe Price Associates, Inc. filed Amendment No. 2 to a Schedule 13G/A for First Advantage Corp common stock, reporting beneficial ownership of 15,707,023 shares, or 9.2% of the class. The firm reported sole voting power over 15,650,390 shares and sole dispositive power over 15,707,023 shares, with no shared power, according to the filing.
2 min readFirst Advantage (NASDAQ: FA) shares rose 3.9% after the company reported Q2 2026 results that beat expectations and raised full-year guidance. Revenue increased 14.9% to $448.8 million, adjusted EPS rose 30% to $0.35. FY revenue guidance is $1.67B to $1.71B and adjusted EPS $1.23 to $1.29, plus $70M voluntary debt prepayments.
6 min readFirst Advantage (NASDAQ: FA) shares fell more than 10% Tuesday after its majority shareholder, Silver Lake Group, moved from majority to minority ownership. Silver Lake plans to sell 12.5 million FA shares in a public secondary offering at $22.20 per share and may distribute up to 4.2 million shares to limited partners. The sale price is about 6% below Monday’s close; First Advantage said it will not receive proceeds.
5 min readFirst Advantage (NASDAQ:FA) shares fell about 8% after Silver Lake-affiliated funds announced a secondary offering of 12.5 million FA shares. Bloomberg reported a marketing range of $22.20 to $23.59 versus Monday’s $23.59 close. The company will not sell shares or receive proceeds. J.P. Morgan is underwriter; a 30-day lock-up applies to the seller, with some shares to limited partners.
4 min readAnalysts issued bullish notes on First Advantage (FA) and Boeing (BA). Needham’s Kyle Peterson kept a Buy on FA, citing a $27.33 average Street price target versus a $21.14 close. Jefferies’ Sheila Kahyaoglu maintained a Buy on BA with a $295 target versus a $233.39 close; the Street average target was $274.67.
3 min readFirst Advantage Corp (NASDAQ:FA) said an underwritten secondary offering of 12.5 million shares was priced at $22.20 per share. Certain funds affiliated with Silver Lake Group are selling the shares; First Advantage will not receive proceeds. Silver Lake has a 30-day lock-up. J.P. Morgan Securities is the underwriter, and closing is expected Wednesday.
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