Fair Isaac Corporation (NYSE:FICO) shares reached a new 52-week high during trading 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.
FICO has been the topic of a number of research analyst reports. Wells Fargo & Company raised their price objective on shares of Fair Isaac Corporation from $150.00 to $160.00 and gave the company a “positive” rating in a research note on Tuesday, August 1st. BidaskClub upgraded shares of Fair Isaac Corporation from a “hold” rating to a “buy” rating in a research note on Friday, June 30th. Finally, Zacks Investment Research upgraded shares of Fair Isaac Corporation from a “sell” rating to a “hold” rating in a research note on Tuesday, May 2nd.
The firm has a market capitalization of $4.23 billion, a PE ratio of 36.98 and a beta of 1.20. The firm has a 50 day moving average price of $140.88 and a 200 day moving average price of $133.83.
Fair Isaac Corporation (NYSE:FICO) last issued its quarterly earnings results on Monday, July 31st. The technology company reported $0.78 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.90 by $0.12. The company had revenue of $231 million during the quarter, compared to analysts’ expectations of $237.07 million. Fair Isaac Corporation had a return on equity of 27.84% and a net margin of 13.15%. Fair Isaac Corporation’s quarterly revenue was down 3.3% compared to the same quarter last year. During the same period last year, the firm posted $1.45 earnings per share. On average, equities analysts predict that Fair Isaac Corporation will post $4.94 EPS for the current fiscal year.
In related news, Director Greg R. Gianforte sold 18,486 shares of the business’s stock in a transaction dated Tuesday, June 13th. The stock was sold at an average price of $134.50, for a total value of $2,486,367.00. Following the sale, the director now directly owns 20,877 shares in the company, valued at approximately $2,807,956.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director David A. Rey sold 2,660 shares of the business’s stock in a transaction dated Thursday, August 17th. The shares were sold at an average price of $140.47, for a total value of $373,650.20. Following the completion of the sale, the director now owns 11,034 shares in the company, valued at $1,549,945.98. The disclosure for this sale can be found here. 5.60% of the stock is currently owned by insiders.
Large investors have recently made changes to their positions in the stock. DUPONT CAPITAL MANAGEMENT Corp bought a new stake in shares of Fair Isaac Corporation during the first quarter valued at $4,168,000. Russell Investments Group Ltd. boosted its stake in shares of 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 in the last quarter. Profit Investment Management LLC boosted its stake in shares of 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 in the last quarter. Sawgrass Asset Management LLC bought a new stake in shares of Fair Isaac Corporation during the first quarter valued at $219,000. Finally, Glen Harbor Capital Management LLC boosted its stake in shares of 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 in the last quarter. Hedge funds and other institutional investors 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.
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