Fair Isaac Corporation (NYSE:FICO) reached a new 52-week high on Monday . The company traded as high as $144.05 and last traded at $144.05, with a volume of 86,691 shares trading hands. The stock had previously closed at $142.41.
A number of equities research analysts have weighed in on the company. Zacks Investment Research downgraded Fair Isaac Corporation from a “hold” rating to a “strong sell” rating in a research report on Thursday, August 3rd. BidaskClub upgraded Fair Isaac Corporation from a “hold” rating to a “buy” rating in a research report on Friday, June 30th. Finally, Wells Fargo & Company raised their price target on Fair Isaac Corporation from $150.00 to $160.00 and gave the company a “positive” rating in a research report on Tuesday, August 1st.
The company has a market cap of $4.23 billion, a PE ratio of 36.98 and a beta of 1.20. The stock’s 50-day moving average price is $140.88 and its 200 day moving average price is $133.83.
Fair Isaac Corporation (NYSE:FICO) last issued its earnings results on Monday, July 31st. The technology company reported $0.78 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.90 by $0.12. Fair Isaac Corporation had a net margin of 13.15% and a return on equity of 27.84%. The company had revenue of $231 million during the quarter, compared to analyst estimates of $237.07 million. During the same quarter in the previous year, the company posted $1.45 EPS. The company’s quarterly revenue was down 3.3% on a year-over-year basis. Equities analysts anticipate that Fair Isaac Corporation will post $4.94 EPS for the current fiscal year.
In other news, Director Greg R. Gianforte sold 18,486 shares of the stock in a transaction dated Tuesday, June 13th. The shares were sold at an average price of $134.50, for a total value of $2,486,367.00. Following the completion of the transaction, the director now owns 20,877 shares in the company, valued at approximately $2,807,956.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director David A. Rey sold 2,660 shares of the stock in a transaction dated Thursday, August 17th. The shares were sold at an average price of $140.47, for a total transaction of $373,650.20. Following the completion of the transaction, the director now owns 11,034 shares of the company’s stock, valued at approximately $1,549,945.98. The disclosure for this sale can be found here. 5.60% of the stock is currently owned by corporate insiders.
Several institutional investors have recently made changes to their positions in FICO. Tyers Asset Management LLC increased its position in shares of Fair Isaac Corporation by 5.5% in the first quarter. Tyers Asset Management LLC now owns 928 shares of the technology company’s stock worth $120,000 after buying an additional 48 shares in the last quarter. YorkBridge Wealth Partners LLC acquired a new stake in shares of Fair Isaac Corporation during the second quarter worth approximately $138,000. Acrospire Investment Management LLC acquired a new stake in shares of Fair Isaac Corporation during the second quarter worth approximately $139,000. Advisory Services Network LLC acquired a new stake in shares of Fair Isaac Corporation during the first quarter worth approximately $142,000. Finally, Elkfork Partners LLC boosted its stake in shares of Fair Isaac Corporation by 5.5% in the first quarter. Elkfork Partners LLC now owns 1,276 shares of the technology company’s stock worth $165,000 after buying an additional 66 shares during the last quarter. Institutional investors and hedge funds own 92.35% of the company’s stock.
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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.
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