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Financial Engines (NASDAQ:FNGN) President Lawrence M. Raffone sold 12,000 shares of the stock in a transaction that occurred on Wednesday, February 5th. The stock was sold at an average price of $55.38, for a total transaction of $664,560.00. Following the completion of the transaction, the president now directly owns 3,710 shares in the company, valued at approximately $205,460. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Financial Engines (NASDAQ:FNGN) traded up 0.42% on Thursday, hitting $56.05. 328,151 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 $65.25 and a 200-day moving average of $59.46. The company has a market cap of $2.825 billion and a P/E ratio of 105.31.

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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