Insider Selling: Financial Engines CFO Sells 5,000 Shares of Stock (FNGN)
Financial Engines (NASDAQ:FNGN) CFO Raymond J. Sims sold 5,000 shares of the company’s stock in a transaction dated Tuesday, February 4th. The shares were sold at an average price of $57.10, for a total value of $285,500.00. Following the completion of the sale, the chief financial officer now directly owns 5,879 shares of the company’s stock, valued at approximately $335,691. The sale was disclosed in a document filed with the SEC, which is available at this link.
Shares of Financial Engines (NASDAQ:FNGN) traded down 2.52% during mid-day trading on Wednesday, hitting $55.815. 606,071 shares of the company’s stock traded hands. Financial Engines has a 1-year low of $29.82 and a 1-year high of $71.08. The stock has a 50-day moving average of $65.61 and a 200-day moving average of $59.48. The company has a market cap of $2.814 billion and a price-to-earnings ratio of 108.04.
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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