David A. Rey Sells 2,660 Shares of Fair Isaac Corporation (FICO) Stock
Fair Isaac Corporation (NYSE:FICO) Director David A. Rey sold 2,660 shares of the firm’s 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 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 document filed with the SEC, which is available at this link.
Shares of Fair Isaac Corporation (NYSE FICO) traded down 1.69% on Thursday, hitting $138.56. 157,956 shares of the stock traded hands. The stock has a market cap of $4.24 billion, a PE ratio of 37.15 and a beta of 1.20. Fair Isaac Corporation has a 1-year low of $109.77 and a 1-year high of $147.02. The stock has a 50 day moving average of $140.94 and a 200-day moving average of $133.69.
Fair Isaac Corporation (NYSE:FICO) last posted its quarterly earnings results on Monday, July 31st. The technology company reported $0.78 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.90 by $0.12. The business had revenue of $231 million for the quarter, compared to the consensus estimate 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% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.45 earnings per share. On average, equities research analysts expect that Fair Isaac Corporation will post $4.94 EPS for the current year.
Several institutional investors have recently modified their holdings of FICO. DUPONT CAPITAL MANAGEMENT Corp bought a new position in shares of Fair Isaac Corporation during the first quarter valued at $4,168,000. Russell Investments Group Ltd. raised 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 raised 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 acquired a new stake in shares of Fair Isaac Corporation during the first quarter valued at about $219,000. Finally, Glen Harbor Capital Management LLC raised 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. Institutional investors own 92.35% of the company’s stock.
Several research analysts have recently issued reports on FICO shares. Zacks Investment Research raised shares of Fair Isaac Corporation from a “sell” rating to a “hold” rating in a research note on Tuesday, May 2nd. Wells Fargo & Company raised their target price 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. Finally, BidaskClub lowered shares of Fair Isaac Corporation from a “buy” rating to a “hold” rating in a research note on Tuesday, August 1st.
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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