Fair Isaac Co. (NYSE:FICO) VP Michael J. Pung sold 7,996 shares of Fair Isaac stock in a transaction on Friday, August 9th. The stock was sold at an average price of $365.62, for a total transaction of $2,923,497.52. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
Shares of NYSE FICO opened at $340.98 on Friday. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 2.25. Fair Isaac Co. has a 52 week low of $170.26 and a 52 week high of $371.81. The firm’s fifty day moving average is $341.66 and its 200 day moving average is $290.63. The company has a market cap of $10.34 billion, a price-to-earnings ratio of 78.57 and a beta of 1.20.
Fair Isaac (NYSE:FICO) last issued its earnings results on Wednesday, July 31st. The technology company reported $2.50 EPS for the quarter, topping the consensus estimate of $1.26 by $1.24. Fair Isaac had a net margin of 16.57% and a return on equity of 63.47%. The company had revenue of $314.20 million for the quarter, compared to the consensus estimate of $292.88 million. During the same period in the previous year, the firm earned $1.51 earnings per share. The firm’s revenue for the quarter was up 23.2% on a year-over-year basis. Equities research analysts anticipate that Fair Isaac Co. will post 4.92 earnings per share for the current year.
FICO has been the topic of several analyst reports. Zacks Investment Research downgraded shares of Fair Isaac from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, July 3rd. Wells Fargo & Co lifted their target price on shares of Fair Isaac from $310.00 to $415.00 and gave the stock an “outperform” rating in a research note on Thursday, August 1st.
Several hedge funds and other institutional investors have recently modified their holdings of the stock. Pathstone Family Office LLC bought a new stake in Fair Isaac in the second quarter valued at $30,000. Macquarie Group Ltd. boosted its holdings in Fair Isaac by 843.8% in the fourth quarter. Macquarie Group Ltd. now owns 151 shares of the technology company’s stock valued at $28,000 after acquiring an additional 135 shares in the last quarter. Toronto Dominion Bank bought a new stake in Fair Isaac in the first quarter valued at $54,000. Advisors Preferred LLC bought a new stake in Fair Isaac in the second quarter valued at $71,000. Finally, Machina Capital S.A.S. bought a new stake in Fair Isaac in the second quarter valued at $81,000. 84.57% of the stock is currently owned by institutional investors.
Fair Isaac Company Profile
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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