Financial Engines, Inc. (FNGN): Paul Gamble , EVP, Distrib & Inst Services of Financial Engines, Inc. sold 3,825 shares on Apr 25, 2016. The Insider selling transaction was reported by the company on Apr 26, 2016 to the Securities and Exchange Commission. The shares were sold at $32.66 per share for a total value of $124,924.50 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Apr 22, 2016, Michael Jerome Campbell (EVP, Technology) sold 5,551 shares at $33.40 per share price.On Nov 23, 2015, Anne Tuttle Cappel (EVP, General Counsel) sold 1,032 shares at $34.45 per share price.Also, On Aug 21, 2015, Joseph Grundfest (director) sold 5,500 shares at $34.89 per share price.On Aug 4, 2015, Lawrence M. Raffone (President & CEO) sold 5,000 shares at $45.60 per share price.
Financial Engines Inc: On Friday, Apr 22, 2016 heightened volatility was witnessed in Financial Engines Inc which led to swings in the share price. The shares opened for trading at $32.48 and hit $33.26 on the upside , eventually ending the session at $33.15, with a gain of 2.28% or 0.74 points. The heightened volatility saw the trading volume jump to 2,79,999 shares. The 52-week high of the share price is $46.34 and the company has a market cap of $1,714 M . The 52-week low of the share price is at $23.22.
Company has been under the radar of several Street Analysts.Financial Engines Inc is Initiated by Northland Capital to Outperform and the brokerage firm has set the Price Target at $34. The Rating was issued on Mar 15, 2016.Financial Engines Inc is Reiterated by Jefferies to Buy while Lowering the Price Target of the company shares to $ 34 from a previous price target of $41 . The Rating was issued on Feb 16, 2016.
Financial Engines Inc. is a 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 Company offers personalized plans for saving investing and generating retirement income as well as by providing assessments of retirement income needs and readiness. Its services include professional management online advice retirement evaluation and social security. Its Professional Management is a discretionary managed account service designed for plan participants. Its Financial Engines Income+ is a feature of Professional Management that manages portfolios to generate income and calculates and facilitates the potential payment of steady recurring payouts from those portfolios in retirement for plans where Income+ is available. Its Online Advice service is a nondiscretionary Internet-based service designed for plan participants.