Financial Engines CEO Jeffrey Nacey Maggioncalda Unloads 15,000 Shares (FNGN)

Share on StockTwits

Financial Engines (NASDAQ:FNGN) CEO Jeffrey Nacey Maggioncalda sold 15,000 shares of the company’s stock in a transaction dated Tuesday, August 26th. The shares were sold at an average price of $36.64, for a total value of $549,600.00. Following the transaction, the chief executive officer now directly owns 214,427 shares of the company’s stock, valued at approximately $7,856,605. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

FNGN has been the subject of a number of recent research reports. 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. Two equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. Financial Engines currently has an average rating of “Buy” and an average target price of $56.00.

Financial Engines (NASDAQ:FNGN) traded down 1.89% on Thursday, hitting $35.82. The stock had a trading volume of 107,826 shares. Financial Engines has a 1-year low of $33.92 and a 1-year high of $71.08. The stock’s 50-day moving average is $36.98 and its 200-day moving average is $45.86. The company has a market cap of $1.854 billion and a P/E ratio of 54.57.

Financial Engines (NASDAQ:FNGN) last released its earnings data on Thursday, July 31st. The company reported $0.25 EPS for the quarter, beating the Thomson Reuters 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 in the previous year, the company posted $0.16 earnings per share. The company’s revenue for the quarter was up 20.8% on a year-over-year basis. On average, analysts predict that Financial Engines will post $0.94 earnings per share 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 0.66%. The ex-dividend date of this dividend is Thursday, September 18th.

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.

Receive News & Ratings for Financial Engines Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Financial Engines Inc and related companies with Analyst Ratings Network's FREE daily email newsletter.



Latest News

AB InBev Misses Earnings Estimates
AB InBev Misses Earnings Estimates
Samsung Promises Changes as Profit Plunges
Samsung Promises Changes as Profit Plunges
Advertising Revenue at Facebook Surges
Advertising Revenue at Facebook Surges
Lloyds Bank Cutting 9,000 Jobs and Closing Branches
Lloyds Bank Cutting 9,000 Jobs and Closing Branches
Goldman Sachs Cuts Forecast for Oil Price in 2015
Goldman Sachs Cuts Forecast for Oil Price in 2015
Eli Lilly Earnings Meet Expectations
Eli Lilly Earnings Meet Expectations


Leave a Reply

Advertisement
Advertisement
© 2006-2014 Ticker Report. Google+.