Fair Isaac Corporation (NYSE:FICO) Director A George Battle sold 5,000 shares of the stock in a transaction on Friday, November 3rd. The shares were sold at an average price of $150.46, for a total transaction of $752,300.00. Following the completion of the transaction, the director now owns 21,259 shares of the company’s stock, valued at approximately $3,198,629.14. The sale was disclosed in a filing with the SEC, which is accessible through this link.

Shares of Fair Isaac Corporation (FICO) traded up $8.66 during trading on Friday, hitting $152.60. 97,218 shares of the company were exchanged, compared to its average volume of 142,059. The firm has a market cap of $4.53 billion, a price-to-earnings ratio of 37.25 and a beta of 1.26.

Fair Isaac Corporation (NYSE:FICO) last announced its earnings results on Wednesday, November 1st. The technology company reported $1.65 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.17 by $0.48. The business had revenue of $253.21 million during the quarter, compared to analysts’ expectations of $249.11 million. Fair Isaac Corporation had a net margin of 13.76% and a return on equity of 30.03%. The firm’s revenue for the quarter was up 7.4% on a year-over-year basis. During the same quarter last year, the company posted $1.28 EPS. analysts predict that Fair Isaac Corporation will post 4.33 EPS for the current year.

Fair Isaac Corporation announced that its Board of Directors has initiated a share repurchase program on Wednesday, November 1st that permits the company to buyback $250.00 million in shares. This buyback authorization permits the technology company to buy shares of its stock through open market purchases. Stock buyback programs are generally a sign that the company’s leadership believes its stock is undervalued.

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A number of brokerages have recently issued reports on FICO. Barclays PLC increased their price objective on shares of Fair Isaac Corporation from $135.00 to $140.00 and gave the company an “equal weight” rating in a research note on Thursday. BidaskClub cut shares of Fair Isaac Corporation from a “hold” rating to a “sell” rating in a research note on Tuesday, August 8th. Zacks Investment Research cut shares of Fair Isaac Corporation from a “hold” rating to a “strong sell” rating in a research note on Thursday, August 3rd. Finally, Wells Fargo & Company increased 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.

Institutional investors have recently made changes to their positions in the stock. ETF Managers Group LLC acquired a new stake in shares of Fair Isaac Corporation during the 2nd quarter worth about $219,000. Acrospire Investment Management LLC acquired a new stake in shares of Fair Isaac Corporation during the 2nd quarter worth about $139,000. YorkBridge Wealth Partners LLC acquired a new stake in shares of Fair Isaac Corporation during the 2nd quarter worth about $138,000. Zurcher Kantonalbank Zurich Cantonalbank increased its position in shares of Fair Isaac Corporation by 15.0% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,233 shares of the technology company’s stock worth $172,000 after purchasing an additional 161 shares in the last quarter. Finally, Advisory Services Network LLC increased its position in shares of Fair Isaac Corporation by 17.9% during the 2nd quarter. Advisory Services Network LLC now owns 1,297 shares of the technology company’s stock worth $181,000 after purchasing an additional 197 shares in the last quarter. Institutional investors and hedge funds own 88.26% 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.

Insider Buying and Selling by Quarter for Fair Isaac Corporation (NYSE:FICO)

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