Financial Engines EVP Anne Tuttle Cappel Unloads 4,386 Shares (FNGN)
Financial Engines (NASDAQ:FNGN) EVP Anne Tuttle Cappel sold 4,386 shares of Financial Engines stock in a transaction dated Monday, January 6th. The shares were sold at an average price of $67.80, for a total transaction of $297,370.80. Following the sale, the executive vice president now directly owns 6,921 shares of the company’s stock, valued at approximately $469,244. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
A number of research firms have recently commented on FNGN. Analysts at Needham & Company raised their price target on shares of Financial Engines from $55.00 to $60.00 in a research note to investors on Wednesday, November 6th. They now have a “buy” rating on the stock. Analysts at Cowen and Company raised their price target on shares of Financial Engines from $53.00 to $60.00 in a research note to investors on Monday, October 28th.
Financial Engines (NASDAQ:FNGN) traded up 1.53% on Tuesday, hitting $68.38. The stock had a trading volume of 266,972 shares. Financial Engines has a 1-year low of $27.85 and a 1-year high of $71.08. The stock has a 50-day moving average of $67.20 and a 200-day moving average of $57.07. The company has a market cap of $3.447 billion and a P/E ratio of 127.08.
Financial Engines (NASDAQ:FNGN) last posted its quarterly earnings results on Tuesday, November 5th. The company reported $0.20 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.18 by $0.02. The company had revenue of $62.10 million for the quarter, compared to the consensus estimate of $60.40 million. During the same quarter last year, the company posted $0.13 earnings per share. Financial Engines’s revenue was up 28.3% compared to the same quarter last year. On average, analysts predict that Financial Engines will post $0.76 earnings per share for the current fiscal year.
Financial Engines, Inc (NASDAQ:FNGN) is a provider of portfolio management services, investment advice and retirement income services to participants in employer-sponsored defined contribution plans, such as 401(k) plans.
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