Fair Isaac Corporation (NYSE:FICO) Director David A. Rey sold 2,660 shares of the company’s stock in a transaction on Thursday, August 17th. The stock was sold at an average price of $140.47, for a total value of $373,650.20. Following the sale, the director now owns 11,034 shares of the company’s stock, valued at approximately $1,549,945.98. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
Shares of Fair Isaac Corporation (NYSE:FICO) opened at 137.94 on Friday. The firm’s 50-day moving average price is $140.88 and its 200-day moving average price is $133.83. The stock has a market cap of $4.23 billion, a price-to-earnings ratio of 36.98 and a beta of 1.20. Fair Isaac Corporation has a 12-month low of $109.77 and a 12-month high of $147.02.
Fair Isaac Corporation (NYSE:FICO) last posted its quarterly earnings results on Monday, July 31st. The technology company reported $0.78 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.90 by $0.12. The business had revenue of $231 million during the quarter, compared to analyst estimates of $237.07 million. Fair Isaac Corporation had a return on equity of 27.84% and a net margin of 13.15%. The business’s revenue was down 3.3% on a year-over-year basis. During the same quarter last year, the firm earned $1.45 EPS. On average, analysts forecast that Fair Isaac Corporation will post $4.94 EPS for the current fiscal year.
COPYRIGHT VIOLATION NOTICE: This story was reported by BNB Daily and is owned by of BNB Daily. If you are accessing this story on another domain, it was illegally stolen and republished in violation of international trademark & copyright legislation. The original version of this story can be viewed at https://www.baseball-news-blog.com/2017/08/19/david-a-rey-sells-2660-shares-of-fair-isaac-corporation-fico-stock.html.
A number of research firms have weighed in on FICO. Wells Fargo & Company upped their target price on Fair Isaac Corporation from $150.00 to $160.00 and gave the stock a “positive” rating in a report on Tuesday, August 1st. BidaskClub lowered Fair Isaac Corporation from a “buy” rating to a “hold” rating in a report on Tuesday, August 1st. Finally, Zacks Investment Research lowered Fair Isaac Corporation from a “hold” rating to a “strong sell” rating in a report on Thursday, August 3rd.
Institutional investors have recently bought and sold shares of the company. DUPONT CAPITAL MANAGEMENT Corp acquired a new position in Fair Isaac Corporation during the first quarter valued at approximately $4,168,000. Russell Investments Group Ltd. increased its position in Fair Isaac Corporation by 10.7% in the first quarter. Russell Investments Group Ltd. now owns 52,509 shares of the technology company’s stock valued at $6,770,000 after buying an additional 5,075 shares during the period. Profit Investment Management LLC increased its position in Fair Isaac Corporation by 33.0% in the first quarter. Profit Investment Management LLC now owns 23,509 shares of the technology company’s stock valued at $3,031,000 after buying an additional 5,830 shares during the period. Sawgrass Asset Management LLC acquired a new position in Fair Isaac Corporation during the first quarter valued at approximately $219,000. Finally, Glen Harbor Capital Management LLC increased its position in Fair Isaac Corporation by 5.5% in the first quarter. Glen Harbor Capital Management LLC now owns 1,972 shares of the technology company’s stock valued at $254,000 after buying an additional 102 shares during the period. Institutional investors and hedge funds own 92.35% of the company’s stock.
Fair Isaac Corporation Company Profile
Fair Isaac Corporation (FICO) is a provider of analytic, software and data management products and services that enable businesses to automate and connect decisions. The Company operates through three segments: Applications, Scores and Decision Management Software. The Applications segment includes pre-configured decision management applications designed for a specific type of business problem or process, such as marketing, account origination, customer management, fraud, collections and insurance claims management.
Receive News & Ratings for Fair Isaac Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fair Isaac Corporation and related companies with MarketBeat.com's FREE daily email newsletter.