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Financial Engines (NASDAQ:FNGN) CEO Jeffrey Nacey Maggioncalda unloaded 15,000 shares of Financial Engines stock on the open market in a transaction dated Tuesday, July 15th. The stock was sold at an average price of $37.02, for a total transaction of $555,300.00. Following the sale, the chief executive officer now directly owns 214,427 shares of the company’s stock, valued at approximately $7,938,088. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Financial Engines (NASDAQ:FNGN) traded up 2.74% on Wednesday, hitting $38.025. The stock had a trading volume of 816,386 shares. Financial Engines has a one year low of $36.47 and a one year high of $71.08. The stock’s 50-day moving average is $43.89 and its 200-day moving average is $51.6. The company has a market cap of $1.956 billion and a P/E ratio of 61.79.

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. On average, analysts predict that Financial Engines will post $0.91 earnings per share for the current fiscal year.

A number of research firms have recently commented on FNGN. 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 investment analyst has rated the stock with a sell rating, one has given a hold rating and two have given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of $56.00.

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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