Fair Isaac Corp. (FICO) Insider Sells $868,840.00 in Stock
Fair Isaac Corp. (NYSE:FICO) insider William J. Lansing sold 7,000 shares of the company’s stock in a transaction that occurred on Monday, October 3rd. The stock was sold at an average price of $124.12, for a total value of $868,840.00. Following the completion of the sale, the insider now owns 165,395 shares in the company, valued at approximately $20,528,827.40. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.
Fair Isaac Corp. (NYSE:FICO) opened at 122.82 on Wednesday. Fair Isaac Corp. has a 52 week low of $78.11 and a 52 week high of $132.95. The firm’s 50 day moving average price is $128.11 and its 200-day moving average price is $115.99. The stock has a market cap of $3.79 billion, a price-to-earnings ratio of 35.99 and a beta of 1.33.
Fair Isaac Corp. (NYSE:FICO) last released its quarterly earnings results on Thursday, July 28th. The company reported $1.45 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.73 by $0.72. The company had revenue of $238.78 million for the quarter, compared to analysts’ expectations of $220.16 million. Fair Isaac Corp. had a return on equity of 30.09% and a net margin of 12.60%. The business’s revenue for the quarter was up 14.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.00 earnings per share. Analysts expect that Fair Isaac Corp. will post $3.13 EPS for the current year.
The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 28th. Stockholders of record on Wednesday, September 14th were issued a dividend of $0.02 per share. The ex-dividend date was Monday, September 12th. This represents a $0.08 dividend on an annualized basis and a dividend yield of 0.07%. Fair Isaac Corp.’s dividend payout ratio (DPR) is presently 2.34%.
A number of equities research analysts recently issued reports on FICO shares. Dougherty & Co started coverage on Fair Isaac Corp. in a research note on Wednesday, July 13th. They issued a “buy” rating and a $135.00 target price on the stock. Barclays PLC lowered Fair Isaac Corp. from an “overweight” rating to an “equal weight” rating and set a $135.00 target price on the stock. in a research note on Wednesday, September 21st. They noted that the move was a valuation call. Finally, Zacks Investment Research raised Fair Isaac Corp. from a “sell” rating to a “hold” rating in a research note on Monday, August 1st. Three analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The stock has an average rating of “Buy” and an average target price of $119.00.
Large investors have recently added to or reduced their stakes in the stock. Scopia Capital Management LP boosted its stake in Fair Isaac Corp. by 20.8% in the first quarter. Scopia Capital Management LP now owns 1,176,857 shares of the company’s stock worth $124,853,000 after buying an additional 202,958 shares during the period. Prudential Financial Inc. boosted its stake in Fair Isaac Corp. by 212.5% in the second quarter. Prudential Financial Inc. now owns 215,017 shares of the company’s stock worth $24,300,000 after buying an additional 146,217 shares during the period. Credit Agricole S A boosted its stake in Fair Isaac Corp. by 799.8% in the first quarter. Credit Agricole S A now owns 130,800 shares of the company’s stock worth $13,877,000 after buying an additional 116,264 shares during the period. TimesSquare Capital Management LLC boosted its stake in Fair Isaac Corp. by 40.8% in the second quarter. TimesSquare Capital Management LLC now owns 340,030 shares of the company’s stock worth $38,427,000 after buying an additional 98,560 shares during the period. Finally, Aberdeen Asset Management PLC UK boosted its stake in Fair Isaac Corp. by 50.7% in the second quarter. Aberdeen Asset Management PLC UK now owns 284,206 shares of the company’s stock worth $32,119,000 after buying an additional 95,650 shares during the period. 90.91% of the stock is currently owned by institutional investors.
About Fair Isaac Corp.
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