November 24, 2016 - By Peter Kolinski
Paul Gamble, an insider of Financial Engines Inc, currently EVP – Distrib & Inst Services a few days ago disclosed a trade with the DC-based SEC. As reported in the form, Paul Gamble unloaded 976 shares of the ‘s company, priced at $35.0 per share. $34,160 U.S Dollars was the trade’s value. The SEC report’s date was November 25, 2016. Paul Gamble now indirectly has ownership of 0 shares. He also directly has ownership of 13909 shares. In total he holds a stake of 0.02%.
Out of 4 analysts covering Financial Engines (NASDAQ:FNGN), 2 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 50% are positive. $41 is the highest target while $34 is the lowest. The $34 average target is -4.49% below today’s ($35.6) stock price. Financial Engines has been the topic of 6 analyst reports since August 6, 2015 according to StockzIntelligence Inc. The firm earned “Outperform” rating on Tuesday, March 15 by Northland Capital. The company was downgraded on Tuesday, September 22 by TheStreet. The rating was initiated by Jefferies with “Buy” on Wednesday, September 9. The stock has “Market Perform” rating given by Raymond James on Tuesday, May 17. The stock has “Underperform” rating given by Raymond James on Thursday, August 6. As per Tuesday, February 16, the company rating was maintained by Jefferies.
Insitutional Activity: The institutional sentiment is 1.34 in 2016 Q2. Its the same as in 2016Q1. The ratio is flat, as 14 funds sold all Financial Engines Inc shares owned while 48 reduced positions. only 16 funds bought stakes while 67 increased positions. They now own 68.50 million shares or 0.10% less from 68.57 million shares in 2016Q1.
Ls Investment Limited Liability holds 0% or 1,884 shares in its portfolio. D E Shaw & Inc has invested 0.02% of its portfolio in Financial Engines Inc (NASDAQ:FNGN). Bnp Paribas Arbitrage has 16,539 shares for 0% of their US portfolio. Finemark Comml Bank Tru has invested 0% of its portfolio in Financial Engines Inc (NASDAQ:FNGN). The California-based California State Teachers Retirement System has invested 0.01% in Financial Engines Inc (NASDAQ:FNGN). Legal & General Public Ltd Liability Corp owns 13,972 shares or 0% of their US portfolio. Tiverton Asset Management Ltd Limited Liability Company accumulated 1.32% or 376,283 shares. Principal Grp Inc Incorporated has 372,112 shares for 0.01% of their US portfolio. Brown Advisory last reported 0% of its portfolio in the stock. Wells Fargo Mn last reported 0% of its portfolio in the stock. Raymond James Associate accumulated 29,387 shares or 0% of the stock. Fifth Third Savings Bank has invested 0% of its portfolio in Financial Engines Inc (NASDAQ:FNGN). Metropolitan Life New York accumulated 0.01% or 40,638 shares. Barclays Public Limited Company, a United Kingdom-based fund reported 8,257 shares. Cortina Asset Management Lc owns 219,509 shares or 0.26% of their US portfolio.
Insider Transactions: Since July 20, 2016, the stock had 1 insider purchase, and 14 insider sales for $3.03 million net activity. 10,000 shares were sold by Jones Christopher L., worth $282,300. 10,000 shares with value of $350,000 were sold by Sims Raymond J. on Wednesday, November 23. On Tuesday, August 23 the insider Antone Lewis JR sold $30,720. Raffone Lawrence M. sold $320,000 worth of stock or 10,000 shares. Shares for $34,160 were sold by Gamble Paul on Wednesday, November 23. On Tuesday, September 6 FIELDS HEIDI sold $159,931 worth of the stock or 5,000 shares. $215,687 worth of Financial Engines Inc (NASDAQ:FNGN) was sold by Cheong Chung Meng on Thursday, November 17.
The stock increased 2.01% or $0.7 during the last trading session, hitting $35.6. About 276,104 shares traded hands. Financial Engines Inc (NASDAQ:FNGN) has risen 7.68% since April 21, 2016 and is uptrending. It has outperformed by 2.35% the S&P500.
Financial Engines, Inc. provides independent, technology-enabled portfolio management services, investment advice and retirement income services to participants in employer-sponsored defined contribution plans, such as 401 plans. The company has a market cap of $2.26 billion. The Firm offers personalized plans for saving, investing, and generating retirement income, as well as by providing assessments of retirement income needs and readiness. It has a 80.89 P/E ratio. It uses its advice technology platform to provide its services to millions of retirement plan participants.
According to Zacks Investment Research, “Financial Engines, Inc. is an independent investment advisor that provides personalized retirement plans for saving, investing, and retirement income. Financial Engines offers both online advice and professional management to meet the needs of different investors. Its services include Professional Management, a discretionary managed account service designed for plan participants who want personalized and professional portfolio management services, investment advice, and retirement help from an independent investment advisor; Online Advice, a nondiscretionary Internet-based service that offers personalized advice to plan participants who wish to take an active role in personally managing their retirement portfolios; and Retirement Evaluation, a retirement readiness assessment provided to plan participants upon plan rollout. Financial Engines, Inc. is headquartered in Palo Alto, California.”
Analysts await Financial Engines Inc (NASDAQ:FNGN) to report earnings on February, 16. They expect $0.21 EPS, up 31.25% or $0.05 from last year’s $0.16 per share. FNGN’s profit will be $13.33M for 42.38 P/E if the $0.21 EPS becomes a reality. After $0.21 actual EPS reported by Financial Engines Inc for the previous quarter, Wall Street now forecasts 0.00% EPS growth.
More news for Financial Engines Inc (NASDAQ:FNGN) were recently published by: Forbes.com, which released: “Ex-Dividend Reminder: Berkley, Financial Engines and Leidos Holdings” on September 14, 2016. Investmentnews.com‘s article titled: “Another 401(k) record keeper sued over ‘pay to play’ scheme with Financial Engines” and published on November 11, 2016 is yet another important article.
Financial Engines, Inc., incorporated on March 17, 2008, is a well-known provider of independent, technology-enabled portfolio management services, investment advice and retirement income services to participants in employer-sponsored defined contribution plans, such as 401(k) plans. The Firm offers personalized plans for saving, investing, and generating retirement income, as well as by providing assessments of retirement income needs and readiness. The Firm uses its advice technology platform to provide its services to millions of retirement plan participants. The Company’s target over three constituencies in the retirement plan market, including plan participants (employees of companies offering 401(k) plans), plan sponsors (employers offering 401(k) plans to their employees) and plan providers (companies providing administrative services to plan sponsors).
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