Bridge City Capital LLC acquired a new position in Fair Isaac Corporation (NYSE:FICO) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 8,145 shares of the technology company’s stock, valued at approximately $1,135,000.

A number of other large investors have also modified their holdings of the company. Tyers Asset Management LLC boosted its stake in shares of Fair Isaac Corporation by 5.5% in the first quarter. Tyers Asset Management LLC now owns 928 shares of the technology company’s stock worth $120,000 after buying an additional 48 shares in the last quarter. Advisory Services Network LLC acquired a new stake in shares of Fair Isaac Corporation during the first quarter worth about $142,000. Elkfork Partners LLC boosted its stake in shares of Fair Isaac Corporation by 5.5% in the first quarter. Elkfork Partners LLC now owns 1,276 shares of the technology company’s stock worth $165,000 after buying an additional 66 shares in the last quarter. Meadow Creek Investment Management LLC boosted its stake in shares of Fair Isaac Corporation by 5.5% in the first quarter. Meadow Creek Investment Management LLC now owns 1,624 shares of the technology company’s stock worth $209,000 after buying an additional 84 shares in the last quarter. Finally, Sawgrass Asset Management LLC acquired a new stake in shares of Fair Isaac Corporation during the first quarter worth about $219,000. Hedge funds and other institutional investors own 92.35% of the company’s stock.

Shares of Fair Isaac Corporation (NYSE FICO) opened at 138.38 on Friday. Fair Isaac Corporation has a one year low of $109.77 and a one year high of $147.02. The company has a 50-day moving average of $140.92 and a 200-day moving average of $134.41. The company has a market capitalization of $4.24 billion, a PE ratio of 37.10 and a beta of 1.20.

Fair Isaac Corporation (NYSE:FICO) last announced its earnings results on Monday, July 31st. The technology company reported $0.78 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.90 by $0.12. The firm had revenue of $231 million during the quarter, compared to analysts’ expectations of $237.07 million. Fair Isaac Corporation had a net margin of 13.15% and a return on equity of 27.84%. The business’s revenue for the quarter was down 3.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.45 EPS. On average, analysts anticipate that Fair Isaac Corporation will post $4.94 earnings per share for the current year.

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FICO has been the subject of a number of recent research reports. BidaskClub upgraded shares of Fair Isaac Corporation from a “hold” rating to a “buy” rating in a report on Friday, June 30th. Zacks Investment Research upgraded shares of Fair Isaac Corporation from a “sell” rating to a “hold” rating in a report on Tuesday, May 2nd. Finally, Wells Fargo & Company upped their price objective on shares of Fair Isaac Corporation from $150.00 to $160.00 and gave the stock a “positive” rating in a report on Tuesday, August 1st.

In other news, Director Greg R. Gianforte sold 18,486 shares of the stock in a transaction dated Tuesday, June 13th. The shares were sold at an average price of $134.50, for a total value of $2,486,367.00. Following the completion of the sale, the director now owns 20,877 shares in the company, valued at $2,807,956.50. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director David A. Rey sold 2,660 shares of the stock in a transaction dated Thursday, August 17th. The shares were sold at an average price of $140.47, for a total transaction of $373,650.20. Following the completion of the sale, the director now owns 11,034 shares of the company’s stock, valued at approximately $1,549,945.98. The disclosure for this sale can be found here. In the last quarter, insiders sold 28,486 shares of company stock valued at $3,889,452. 5.60% of the stock is currently owned by corporate insiders.

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.

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Institutional Ownership by Quarter for Fair Isaac Corporation (NYSE:FICO)

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