Michael S. Leonard Sells 2,000 Shares of Fair Isaac Co. (FICO) Stock

Fair Isaac Co. (NYSE:FICO) CAO Michael S. Leonard sold 2,000 shares of the business’s stock in a transaction on Friday, February 8th. The shares were sold at an average price of $235.38, for a total value of $470,760.00. Following the completion of the sale, the chief accounting officer now directly owns 10,611 shares in the company, valued at approximately $2,497,617.18. The sale was disclosed in a legal filing with the SEC, which is available through this link.

Shares of FICO stock traded up $0.97 on Monday, reaching $236.95. 5,833 shares of the stock were exchanged, compared to its average volume of 191,488. The company has a market cap of $6.86 billion, a P/E ratio of 54.38, a PEG ratio of 5.11 and a beta of 1.36. Fair Isaac Co. has a one year low of $153.61 and a one year high of $241.10. The company has a quick ratio of 0.87, a current ratio of 0.87 and a debt-to-equity ratio of 2.65.

Fair Isaac (NYSE:FICO) last released its earnings results on Wednesday, January 30th. The technology company reported $1.45 earnings per share for the quarter, topping analysts’ consensus estimates of $1.42 by $0.03. The company had revenue of $262.30 million during the quarter, compared to the consensus estimate of $263.93 million. Fair Isaac had a return on equity of 46.97% and a net margin of 14.64%. The firm’s quarterly revenue was up 12.9% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.23 earnings per share. As a group, equities research analysts anticipate that Fair Isaac Co. will post 4.62 earnings per share for the current fiscal year.



A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. BlackRock Inc. increased its holdings in Fair Isaac by 8.6% in the fourth quarter. BlackRock Inc. now owns 2,929,507 shares of the technology company’s stock valued at $547,820,000 after purchasing an additional 232,405 shares during the last quarter. Vanguard Group Inc. grew its stake in Fair Isaac by 1.3% in the third quarter. Vanguard Group Inc. now owns 2,590,921 shares of the technology company’s stock valued at $592,154,000 after acquiring an additional 33,669 shares during the period. Vanguard Group Inc grew its stake in Fair Isaac by 1.3% in the third quarter. Vanguard Group Inc now owns 2,590,921 shares of the technology company’s stock valued at $592,154,000 after acquiring an additional 33,669 shares during the period. AKO Capital LLP grew its stake in Fair Isaac by 39.0% in the fourth quarter. AKO Capital LLP now owns 528,775 shares of the technology company’s stock valued at $98,881,000 after acquiring an additional 148,234 shares during the period. Finally, Marshall Wace North America L.P. grew its stake in Fair Isaac by 23.0% in the third quarter. Marshall Wace North America L.P. now owns 373,263 shares of the technology company’s stock valued at $85,309,000 after acquiring an additional 69,723 shares during the period. Institutional investors and hedge funds own 91.10% of the company’s stock.

FICO has been the topic of a number of recent analyst reports. Zacks Investment Research raised Fair Isaac from a “hold” rating to a “buy” rating and set a $237.00 price objective on the stock in a research note on Friday, January 18th. Barclays raised Fair Isaac from an “equal weight” rating to an “overweight” rating and boosted their price objective for the stock from $200.00 to $225.00 in a research note on Friday, November 30th. Wells Fargo & Co set a $250.00 price objective on Fair Isaac and gave the stock a “buy” rating in a research note on Sunday, November 4th. Finally, ValuEngine upgraded Fair Isaac from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, January 22nd.

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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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