Pacad Investment Ltd. reduced its stake in Fair Isaac Corporation (NYSE:FICO) by 40.0% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,800 shares of the technology company’s stock after selling 1,200 shares during the period. Pacad Investment Ltd.’s holdings in Fair Isaac Corporation were worth $251,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently added to or reduced their stakes in FICO. Glen Harbor Capital Management LLC grew its stake in shares of Fair Isaac Corporation by 5.5% in the 1st quarter. Glen Harbor Capital Management LLC now owns 1,972 shares of the technology company’s stock valued at $254,000 after purchasing an additional 102 shares during the period. Russell Investments Group Ltd. grew its stake in shares of Fair Isaac Corporation by 10.7% in the 1st quarter. Russell Investments Group Ltd. now owns 52,509 shares of the technology company’s stock valued at $6,770,000 after purchasing an additional 5,075 shares during the period. Oregon Public Employees Retirement Fund grew its stake in shares of Fair Isaac Corporation by 0.9% in the 1st quarter. Oregon Public Employees Retirement Fund now owns 10,886 shares of the technology company’s stock valued at $1,404,000 after purchasing an additional 100 shares during the period. Wells Fargo & Company MN grew its stake in shares of Fair Isaac Corporation by 7.1% in the 1st quarter. Wells Fargo & Company MN now owns 58,501 shares of the technology company’s stock valued at $7,544,000 after purchasing an additional 3,891 shares during the period. Finally, State Treasurer State of Michigan grew its stake in shares of Fair Isaac Corporation by 0.8% in the 1st quarter. State Treasurer State of Michigan now owns 12,600 shares of the technology company’s stock valued at $1,625,000 after purchasing an additional 100 shares during the period. Institutional investors own 89.26% of the company’s stock.

Fair Isaac Corporation (NYSE FICO) opened at 140.15 on Tuesday. Fair Isaac Corporation has a one year low of $109.77 and a one year high of $147.02. The firm has a market capitalization of $4.29 billion, a P/E ratio of 37.57 and a beta of 1.22. The stock has a 50 day moving average price of $140.37 and a 200 day moving average price of $135.33.

Fair Isaac Corporation (NYSE:FICO) last announced its quarterly earnings data on Monday, July 31st. The technology company reported $0.78 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.90 by $0.12. The firm had revenue of $231 million during the quarter, compared to the consensus estimate 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 was down 3.3% compared to the same quarter last year. During the same period last year, the business earned $1.45 earnings per share. On average, equities analysts predict that Fair Isaac Corporation will post $4.94 EPS for the current fiscal year.

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FICO has been the topic of several analyst reports. BidaskClub upgraded Fair Isaac Corporation from a “hold” rating to a “buy” rating in a research note on Friday, June 30th. Wells Fargo & Company boosted their target price on Fair Isaac Corporation from $150.00 to $160.00 and gave the stock a “positive” rating in a report on Tuesday, August 1st. Finally, Zacks Investment Research downgraded Fair Isaac Corporation from a “hold” rating to a “strong sell” rating in a report on Thursday, August 3rd.

In related news, Director David A. Rey sold 2,660 shares of Fair Isaac Corporation stock in a transaction that occurred on Thursday, August 17th. The shares were sold at an average price of $140.47, for a total value of $373,650.20. Following the transaction, the director now directly owns 11,034 shares of the company’s stock, valued at $1,549,945.98. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director David A. Rey sold 7,340 shares of Fair Isaac Corporation stock in a transaction that occurred on Tuesday, August 22nd. The shares were sold at an average price of $140.25, for a total transaction of $1,029,435.00. Following the completion of the transaction, the director now directly owns 15,714 shares in the company, valued at $2,203,888.50. The disclosure for this sale can be found here. Company insiders own 5.60% of the company’s stock.

About Fair Isaac Corporation

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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