FAF CEO Mark Seaton Sells Shares
CEO Mark Seaton sold 2,372 FAF shares worth over $162,000 on June 22, 2026.
Key Points
- FAF's CEO Mark Seaton sold 2,372 shares on June 22, 2026, valued at $162,790, at an average price of $68.63.
- Shares of FAF traded near $67.25 on Thursday, with analysts maintaining a positive outlook with targets up to $85.
- Institutional investors like BlackRock and Dimensional Fund Advisors have adjusted their FAF positions recently.
Important disclosure: Podchat is not a registered investment adviser, broker-dealer, or financial planner. This article is for informational and educational purposes only and is not a recommendation to buy, sell, or hold any security. Content may be generated by automated systems using public filings, market data, and third-party sources, and may contain errors or omissions. Investing involves risk, including possible loss of principal. Past performance, insider activity, analyst ratings, price targets, sentiment scores, and hypothetical or backtested results are not guarantees of future performance. Please do your own research and consult a qualified professional before making investment decisions.
FAF's CEO, Mark Seaton, sold 2,372 shares of the company on June 22, 2026. The shares were sold at an average price of $68.63, amounting to a total value of $162,790. This transaction was not part of a pre-planned trading program.
Insider Buying and Selling at First American Financial Corporation
On the same day, other insiders at FAF were also active. Lisa Cornehl, SVP and Chief Legal Officer, sold 160 shares at the same price. Meanwhile, Matthew Wajner, EVP and Chief Financial Officer, sold 619 shares. Dennis Gilmore, however, bought 14,570 shares, though the price for his transaction was not disclosed.
Other Institutional Activity in FAF
Several institutional investors have been adjusting their FAF holdings. BlackRock, Inc. increased its stake by 70,737 shares, bringing its total to over 9.2 million shares valued at approximately $556.2 million. Dimensional Fund Advisors LP grew its holdings by 245,279 shares, now holding about 4.6 million shares worth $279.5 million. Conversely, Boston Partners reduced its position by 167,507 shares, leaving it with around 5.7 million shares valued at $346.3 million. Vanguard Portfolio Management LLC opened a new position with 5.2 million shares, valued at $314.5 million.
First American Financial Corporation Stock Down 9.7%
Shares of FAF traded near $67.25 on Thursday. The stock is seeing attention from analysts, with several maintaining buy ratings. FAF has a market cap that supports its position in the industry, and analysts have set price targets ranging from $70 to $85.
$FAF stock price
Daily closing prices, year to date. Not investment advice.
Analysts Set New Price Targets
Analysts remain optimistic about FAF. On April 27, 2026, Stephens & Co. maintained a buy rating with a target price of $84. Barclays also maintained a buy rating with a target of $80 on April 24, 2026. Truist Securities echoed this sentiment, maintaining a buy rating with an $85 target.
Bottom Line
The recent insider transactions at FAF, including the sale by CEO Mark Seaton, provide a glimpse into the executive sentiment. However, it's important to remember that insider sales can occur for many reasons. Institutional investors continue to adjust their positions, while analysts maintain a positive outlook with several buy ratings and high target prices. As always, these insights are based on past filings and reports, which may not reflect the latest market conditions.
Get First American Financial Corporation alerts
New 13F filings, insider trades, and analyst moves on $FAF, sent to your inbox. Free, and you can unsubscribe anytime.
This instant news alert was generated by automated narrative technology and financial data from Podchat and public regulatory filings. It is for informational purposes only and is not financial advice.