Insider Selling: Fair Isaac Co. (NYSE:FICO) VP Sells 7,996 Shares of Stock

Fair Isaac Co. (NYSE:FICO) VP Michael J. Pung sold 7,996 shares of the stock in a transaction on Friday, August 9th. The shares were sold at an average price of $365.62, for a total value of $2,923,497.52. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

NYSE FICO traded down $20.57 during mid-day trading on Tuesday, hitting $337.33. The stock had a trading volume of 849,897 shares, compared to its average volume of 221,735. The stock’s 50 day moving average is $339.34. Fair Isaac Co. has a twelve month low of $170.26 and a twelve month high of $371.81. The company has a debt-to-equity ratio of 2.25, a current ratio of 0.95 and a quick ratio of 0.95. The company has a market capitalization of $10.55 billion, a PE ratio of 77.73 and a beta of 1.20.

Fair Isaac (NYSE:FICO) last posted its quarterly earnings data on Wednesday, July 31st. The technology company reported $2.50 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.26 by $1.24. Fair Isaac had a return on equity of 63.47% and a net margin of 16.57%. The firm had revenue of $314.20 million during the quarter, compared to the consensus estimate of $292.88 million. During the same period in the prior year, the company earned $1.51 EPS. The firm’s revenue was up 23.2% compared to the same quarter last year. On average, sell-side analysts anticipate that Fair Isaac Co. will post 4.92 earnings per share for the current year.



Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. BlackRock Inc. grew its stake in shares of Fair Isaac by 17.8% in the 1st quarter. BlackRock Inc. now owns 3,449,552 shares of the technology company’s stock valued at $937,001,000 after purchasing an additional 520,045 shares during the last quarter. Victory Capital Management Inc. boosted its stake in shares of Fair Isaac by 178.5% in the first quarter. Victory Capital Management Inc. now owns 261,022 shares of the technology company’s stock valued at $70,902,000 after buying an additional 167,284 shares in the last quarter. Bodenholm Capital AB purchased a new stake in shares of Fair Isaac in the first quarter valued at approximately $31,012,000. APG Asset Management N.V. boosted its stake in shares of Fair Isaac by 777.6% in the second quarter. APG Asset Management N.V. now owns 125,500 shares of the technology company’s stock valued at $34,606,000 after buying an additional 111,200 shares in the last quarter. Finally, Ardevora Asset Management LLP purchased a new stake in shares of Fair Isaac in the second quarter valued at approximately $33,443,000. Institutional investors and hedge funds own 84.57% of the company’s stock.

Several research analysts recently commented on the company. Wells Fargo & Co increased their price objective on Fair Isaac from $310.00 to $415.00 and gave the company an “outperform” rating in a research note on Thursday, August 1st. Zacks Investment Research downgraded Fair Isaac from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, July 3rd.

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

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