Fair Isaac Co. (FICO) EVP James M. Wehmann Sells 10,000 Shares

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Fair Isaac Co. (NYSE:FICO) EVP James M. Wehmann sold 10,000 shares of the firm’s stock in a transaction that occurred on Tuesday, January 8th. The stock was sold at an average price of $194.84, for a total transaction of $1,948,400.00. Following the sale, the executive vice president now owns 117,388 shares in the company, valued at $22,871,877.92. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.

NYSE:FICO opened at $204.31 on Friday. Fair Isaac Co. has a 1-year low of $153.61 and a 1-year high of $241.10. The company has a debt-to-equity ratio of 2.01, a current ratio of 0.80 and a quick ratio of 0.80. The firm has a market capitalization of $5.76 billion, a P/E ratio of 47.08, a PEG ratio of 4.07 and a beta of 1.33.

Fair Isaac (NYSE:FICO) last released its earnings results on Thursday, November 1st. The technology company reported $1.89 earnings per share for the quarter, missing the consensus estimate of $2.02 by ($0.13). Fair Isaac had a net margin of 13.79% and a return on equity of 45.11%. The firm had revenue of $279.80 million during the quarter, compared to the consensus estimate of $272.70 million. During the same period in the prior year, the business posted $1.65 earnings per share. Fair Isaac’s quarterly revenue was up 10.5% compared to the same quarter last year. As a group, sell-side analysts anticipate that Fair Isaac Co. will post 4.89 EPS for the current year.

Large investors have recently added to or reduced their stakes in the stock. First Hawaiian Bank bought a new position in shares of Fair Isaac in the third quarter valued at $155,000. Flagship Harbor Advisors LLC bought a new position in shares of Fair Isaac in the second quarter valued at $192,000. Raymond James Trust N.A. bought a new position in shares of Fair Isaac in the third quarter valued at $212,000. Mirae Asset Global Investments Co. Ltd. bought a new position in Fair Isaac during the third quarter worth $212,000. Finally, Global X Management Co LLC bought a new position in Fair Isaac during the second quarter worth $223,000. 83.93% of the stock is owned by institutional investors and hedge funds.

FICO has been the topic of a number of recent research reports. Zacks Investment Research upgraded shares of Fair Isaac from a “sell” rating to a “hold” rating in a report on Tuesday, January 1st. ValuEngine downgraded shares of Fair Isaac from a “strong-buy” rating to a “buy” rating in a report on Friday, November 2nd. Barclays lifted their price objective on shares of Fair Isaac from $200.00 to $225.00 and gave the company an “overweight” rating in a report on Sunday, December 9th. Finally, Wells Fargo & Co set a $250.00 target price on shares of Fair Isaac and gave the company a “buy” rating in a research note on Sunday, November 4th. Two investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The stock has an average rating of “Buy” and an average price target of $214.75.

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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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