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Financial Engines (NASDAQ:FNGN) shares hit a new 52-week low on Friday following insider selling activity, ARN reports. The company traded as low as $37.03 and last traded at $37.88, with a volume of 276,294 shares changing hands. The stock had previously closed at $37.93.

Specifically, EVP Anne Tuttle Cappel sold 1,500 shares of the company’s stock on the open market in a transaction dated Thursday, July 10th. The shares were sold at an average price of $38.43, for a total transaction of $57,645.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Several analysts have recently commented on the stock. Analysts at Raymond James initiated coverage on shares of Financial Engines in a research note on Tuesday, July 1st. They set an “underperform” rating on the stock. Separately, analysts at TheStreet downgraded shares of Financial Engines from a “buy” rating to a “hold” rating in a research note on Thursday, May 22nd. Finally, analysts at Sidoti upgraded shares of Financial Engines from a “neutral” rating to a “buy” rating in a research note on Friday, May 16th. One research analyst has rated the stock with a sell rating, one has given a hold rating and two have assigned a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of $56.00.

The stock has a 50-day moving average of $44.27 and a 200-day moving average of $52.54. The company has a market cap of $1.953 billion and a price-to-earnings ratio of 63.32.

Financial Engines (NASDAQ:FNGN) last announced its earnings results on Tuesday, May 6th. The company reported $0.20 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.22 by $0.02. The company had revenue of $65.90 million for the quarter, compared to the consensus estimate of $67.28 million. During the same quarter last year, the company posted $0.15 earnings per share. Financial Engines’s revenue was up 22.3% compared to the same quarter last year. Analysts expect that Financial Engines will post $0.91 EPS 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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