Fair Isaac Co. (NYSE:FICO) insider James M. Wehmann sold 10,000 shares of the firm’s stock in a transaction dated Tuesday, September 4th. The stock was sold at an average price of $232.72, for a total transaction of $2,327,200.00. Following the completion of the transaction, the insider now directly owns 99,726 shares in the company, valued at approximately $23,208,234.72. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.
NYSE FICO opened at $235.19 on Friday. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 1.89. The stock has a market cap of $6.73 billion, a price-to-earnings ratio of 59.09, a price-to-earnings-growth ratio of 5.13 and a beta of 1.29. Fair Isaac Co. has a one year low of $131.52 and a one year high of $236.07.
Fair Isaac (NYSE:FICO) last posted its earnings results on Thursday, July 26th. The technology company reported $1.51 EPS for the quarter, beating analysts’ consensus estimates of $1.02 by $0.49. The business had revenue of $259.50 million for the quarter, compared to the consensus estimate of $257.49 million. Fair Isaac had a net margin of 13.12% and a return on equity of 39.61%. The company’s revenue for the quarter was up 12.3% on a year-over-year basis. During the same quarter last year, the firm posted $1.16 EPS. equities research analysts expect that Fair Isaac Co. will post 4.5 EPS for the current year.
Several research analysts recently commented on FICO shares. Zacks Investment Research raised shares of Fair Isaac from a “sell” rating to a “hold” rating in a research note on Monday, June 4th. Wells Fargo & Co raised their price target on shares of Fair Isaac from $200.00 to $250.00 and gave the stock an “outperform” rating in a research note on Friday, July 27th. ValuEngine raised shares of Fair Isaac from a “buy” rating to a “strong-buy” rating in a research note on Thursday, August 2nd. Finally, Barclays raised their price target on shares of Fair Isaac from $190.00 to $200.00 and gave the stock an “equal weight” rating in a research note on Thursday, July 12th. Two equities research analysts have rated the stock with a hold rating, two have issued a buy rating and two have assigned a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $208.50.
A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Wedge Capital Management L L P NC increased its position in Fair Isaac by 8.8% during the 2nd quarter. Wedge Capital Management L L P NC now owns 3,113 shares of the technology company’s stock valued at $602,000 after purchasing an additional 251 shares during the period. Dupont Capital Management Corp increased its position in Fair Isaac by 1.4% during the 2nd quarter. Dupont Capital Management Corp now owns 18,496 shares of the technology company’s stock valued at $3,576,000 after purchasing an additional 261 shares during the period. Crossmark Global Holdings Inc. increased its position in Fair Isaac by 8.4% during the 2nd quarter. Crossmark Global Holdings Inc. now owns 3,804 shares of the technology company’s stock valued at $735,000 after purchasing an additional 294 shares during the period. Arizona State Retirement System increased its position in Fair Isaac by 1.6% during the 2nd quarter. Arizona State Retirement System now owns 20,717 shares of the technology company’s stock valued at $4,005,000 after purchasing an additional 334 shares during the period. Finally, Janney Montgomery Scott LLC increased its position in Fair Isaac by 11.0% during the 2nd quarter. Janney Montgomery Scott LLC now owns 5,362 shares of the technology company’s stock valued at $1,037,000 after purchasing an additional 531 shares during the period. 88.30% of the stock is currently owned by institutional investors and hedge funds.
About Fair Isaac
Fair Isaac Corporation develops analytic, software, and data management products and services that enable businesses to automate, enhance, and connect decisions. The company offers analytical solutions, credit scoring, and credit account management products and services to banks, credit reporting agencies, credit card processing agencies, insurers, retailers, healthcare organizations, and public agencies.
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