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Financial Engines (NASDAQ:FNGN) CEO Jeffrey Nacey Maggioncalda sold 15,000 shares of Financial Engines stock on the open market in a transaction dated Tuesday, August 12th. The shares were sold at an average price of $35.51, for a total transaction of $532,650.00. Following the sale, the chief executive officer now directly owns 214,427 shares of the company’s stock, valued at approximately $7,614,303. The transaction was disclosed in a document filed with the SEC, which is available at this link.

Shares of Financial Engines (NASDAQ:FNGN) traded up 1.71% during mid-day trading on Wednesday, hitting $35.71. 401,369 shares of the company’s stock traded hands. Financial Engines has a 52-week low of $34.88 and a 52-week high of $71.08. The stock’s 50-day moving average is $39.47 and its 200-day moving average is $47.58. The company has a market cap of $1.848 billion and a P/E ratio of 52.48.

Financial Engines (NASDAQ:FNGN) last released its earnings data on Thursday, July 31st. The company reported $0.25 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.22 by $0.03. The company had revenue of $69.80 million for the quarter, compared to the consensus estimate of $69.68 million. During the same quarter last year, the company posted $0.16 earnings per share. Financial Engines’s revenue was up 20.8% compared to the same quarter last year. On average, analysts predict that Financial Engines will post $0.94 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which is scheduled for Monday, October 6th. Shareholders of record on Monday, September 22nd will be given a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a yield of 0.68%. The ex-dividend date of this dividend is Thursday, September 18th.

Several analysts have recently commented on the stock. Analysts at Raymond James upgraded shares of Financial Engines from an “underperform” rating to a “market perform” rating in a research note on Wednesday, July 30th. Finally, analysts at TheStreet downgraded shares of Financial Engines from a “buy” rating to a “hold” rating in a research note on Thursday, May 22nd. Two investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average price target 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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