Price Action Report: Is Buying Stock Like Financial Engines Inc After Such Increase Winning Strategy?

Price Action Report: Is Buying Stock Like Financial Engines Inc After Such Increase Winning Strategy?

The stock of Financial Engines Inc (NASDAQ:FNGN) is a huge mover today! About 140,810 shares traded hands. Financial Engines Inc (NASDAQ:FNGN) has declined 18.24% since April 4, 2016 and is downtrending. It has underperformed by 19.34% the S&P500.
The move comes after 7 months positive chart setup for the $1.68 billion company. It was reported on Nov, 4 by Barchart.com. We have $44.08 PT which if reached, will make NASDAQ:FNGN worth $974.40 million more.

Financial Engines Inc (NASDAQ:FNGN) Ratings Coverage

Out of 4 analysts covering Financial Engines (NASDAQ:FNGN), 2 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 50% are positive. Financial Engines has been the topic of 6 analyst reports since August 6, 2015 according to StockzIntelligence Inc. Northland Capital initiated the shares of FNGN in a report on Tuesday, March 15 with “Outperform” rating. The company was downgraded on Tuesday, September 22 by TheStreet. The stock has “Buy” rating given by Jefferies on Wednesday, September 9. The stock has “Market Perform” rating given by Raymond James on Tuesday, May 17. Raymond James downgraded the stock to “Underperform” rating in Thursday, August 6 report. The stock of Financial Engines Inc (NASDAQ:FNGN) has “Buy” rating given on Tuesday, February 16 by Jefferies.

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.”

Insitutional Activity: The institutional sentiment increased to 1.34 in Q2 2016. Its up 0.33, from 1.01 in 2016Q1. The ratio improved, as 14 funds sold all Financial Engines Inc shares owned while 48 reduced positions. 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.
Df Dent And Inc last reported 648,539 shares in the company. Ftb Advsr Incorporated reported 180 shares or 0% of all its holdings. Moreover, Victory Cap Mngmt Inc has 0% invested in Financial Engines Inc (NASDAQ:FNGN) for 2,457 shares. Ladenburg Thalmann Fincl, a Florida-based fund reported 750 shares. Moreover, Principal Finance Incorporated has 0.01% invested in Financial Engines Inc (NASDAQ:FNGN) for 372,112 shares. Ubs Asset Mngmt Americas has invested 0% of its portfolio in Financial Engines Inc (NASDAQ:FNGN). Moreover, Brown Advisory has 0% invested in Financial Engines Inc (NASDAQ:FNGN) for 33,207 shares. Wealthtrust has 375 shares for 0.01% of their US portfolio. Driehaus Cap Limited Liability, a Illinois-based fund reported 37,463 shares. Blackrock Fund holds 0.02% or 3.39M shares in its portfolio. Janus Capital Limited has 2.44 million shares for 0.05% of their US portfolio. Tudor Investment Et Al has 18,770 shares for 0.01% of their US portfolio. Clearbridge Invs Lc has 0.05% invested in the company for 1.75 million shares. Citigroup Inc last reported 0% of its portfolio in the stock. Parkside Commercial Bank And holds 0.02% or 1,323 shares in its portfolio.

Insider Transactions: Since July 20, 2016, the stock had 1 buying transaction, and 6 insider sales for $1.41 million net activity. $30,720 worth of Financial Engines Inc (NASDAQ:FNGN) was sold by Antone Lewis JR. FIELDS HEIDI had sold 5,000 shares worth $159,931 on Tuesday, September 6. Jones Christopher L. sold $298,838 worth of stock or 10,000 shares. Raffone Lawrence M. also sold $320,463 worth of Financial Engines Inc (NASDAQ:FNGN) on Tuesday, September 6.

More important recent Financial Engines Inc (NASDAQ:FNGN) news were published by: Blogs.Wsj.com which released: “CFO Moves: Symantec, Financial Engines, General Cable” on November 04, 2016, also Forbes.com published article titled: “Ex-Dividend Reminder: Berkley, Financial Engines and Leidos Holdings”, Nasdaq.com published: “Relative Strength Alert For Financial Engines” on October 18, 2016. More interesting news about Financial Engines Inc (NASDAQ:FNGN) was released by: Investmentnews.com and their article: “Voya targeted in 401(k) fee suit hinging on relationship with Financial Engines” with publication date: September 14, 2016.

FNGN Company Profile

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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