Financial Engines, Inc. (NASDAQ:FNGN) EVP Gina M. Cruse sold 3,655 shares of the stock in a transaction on Tuesday, October 10th. The stock was sold at an average price of $36.30, for a total transaction of $132,676.50. The sale was disclosed in a document filed with the SEC, which is available at this link.

Financial Engines, Inc. (NASDAQ:FNGN) traded up 0.27% during mid-day trading on Wednesday, hitting $36.80. 180,333 shares of the stock traded hands. The stock has a 50-day moving average of $33.30 and a 200 day moving average of $37.44. The firm has a market cap of $2.32 billion, a price-to-earnings ratio of 56.62 and a beta of 2.20. Financial Engines, Inc. has a 1-year low of $25.00 and a 1-year high of $45.75.

Financial Engines (NASDAQ:FNGN) last released its quarterly earnings results on Tuesday, August 8th. The asset manager reported $0.23 EPS for the quarter, missing the consensus estimate of $0.25 by ($0.02). The firm had revenue of $118.47 million for the quarter, compared to the consensus estimate of $119.94 million. Financial Engines had a return on equity of 7.31% and a net margin of 8.98%. The firm’s revenue was up 11.5% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.28 EPS. On average, equities analysts expect that Financial Engines, Inc. will post $1.38 EPS for the current year.

The company also recently declared a quarterly dividend, which was paid on Wednesday, October 4th. Stockholders of record on Wednesday, September 20th were given a dividend of $0.07 per share. The ex-dividend date of this dividend was Tuesday, September 19th. This represents a $0.28 annualized dividend and a dividend yield of 0.76%. Financial Engines’s dividend payout ratio is currently 43.75%.

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FNGN has been the subject of several recent analyst reports. Zacks Investment Research upgraded shares of Financial Engines from a “hold” rating to a “buy” rating and set a $42.00 target price for the company in a research note on Wednesday, July 12th. Sidoti initiated coverage on shares of Financial Engines in a research note on Monday, July 10th. They issued a “buy” rating for the company. DA Davidson initiated coverage on shares of Financial Engines in a research note on Wednesday, June 21st. They issued a “buy” rating and a $44.00 target price for the company. Barclays PLC initiated coverage on shares of Financial Engines in a research note on Friday, September 8th. They issued an “overweight” rating and a $38.00 target price for the company. Finally, BidaskClub cut shares of Financial Engines from a “sell” rating to a “strong sell” rating in a research note on Saturday, July 1st. One investment analyst has rated the stock with a sell rating and six have assigned a buy rating to the stock. The stock presently has an average rating of “Buy” and an average price target of $42.50.

Institutional investors have recently added to or reduced their stakes in the company. UBS Asset Management Americas Inc. grew its position in shares of Financial Engines by 58.2% during the first quarter. UBS Asset Management Americas Inc. now owns 31,195 shares of the asset manager’s stock worth $1,359,000 after acquiring an additional 11,476 shares during the last quarter. Goldman Sachs Group Inc. grew its position in shares of Financial Engines by 32.8% during the first quarter. Goldman Sachs Group Inc. now owns 128,617 shares of the asset manager’s stock worth $5,601,000 after acquiring an additional 31,791 shares during the last quarter. Scout Investments Inc. grew its position in shares of Financial Engines by 32.6% during the second quarter. Scout Investments Inc. now owns 49,600 shares of the asset manager’s stock worth $1,815,000 after acquiring an additional 12,200 shares during the last quarter. Oppenheimer & Co. Inc. grew its position in shares of Financial Engines by 11.8% during the second quarter. Oppenheimer & Co. Inc. now owns 68,700 shares of the asset manager’s stock worth $2,514,000 after acquiring an additional 7,270 shares during the last quarter. Finally, Pembroke Management LTD grew its position in shares of Financial Engines by 21.5% during the second quarter. Pembroke Management LTD now owns 418,500 shares of the asset manager’s stock worth $15,317,000 after acquiring an additional 74,100 shares during the last quarter.

Financial Engines Company Profile

Financial Engines, Inc is a provider of independent, technology-enabled financial advisory services, discretionary portfolio management, personalized investment advice, financial and retirement income planning, and financial education and guidance. The Company offers personalized plans for saving, investing, and generating retirement income, as well as by providing assessments of retirement income needs and readiness.

Insider Buying and Selling by Quarter for Financial Engines (NASDAQ:FNGN)

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