Financial Engines (NASDAQ:FNGN) EVP Anne Tuttle Cappel sold 4,000 shares of Financial Engines stock in a transaction dated Tuesday, September 17th. The shares were sold at an average price of $59.83, for a total value of $239,320.00. Following the sale, the executive vice president now directly owns 6,278 shares of the company’s stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link.
Separately, analysts at Needham & Company raised their price target on shares of Financial Engines (NASDAQ:FNGN) from $45.00 to $55.00 in a research note to investors on Friday, August 2nd. They now have a “buy” rating on the stock.
Shares of Financial Engines (NASDAQ:FNGN) traded down 1.48% during mid-day trading on Wednesday, hitting $59.74. 65,432 shares of the company’s stock traded hands. Financial Engines has a 1-year low of $22.68 and a 1-year high of $60.65. The stock has a 50-day moving average of $54.04 and a 200-day moving average of $44.08. The company has a market cap of $2.968 billion and a P/E ratio of 131.83.
Financial Engines (NASDAQ:FNGN) last issued its quarterly earnings data on Thursday, August 1st. The company reported $0.16 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.16. The company had revenue of $57.80 million for the quarter, compared to the consensus estimate of $50.83 million. During the same quarter in the previous year, the company posted $0.11 earnings per share. The company’s revenue for the quarter was up 30.5% on a year-over-year basis. Analysts expect that Financial Engines will post $0.71 EPS for the current fiscal year.
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.