Citigroup Inc. grew its position in Fair Isaac Corporation (NYSE:FICO) by 6.4% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,992 shares of the technology company’s stock after buying an additional 483 shares during the period. Citigroup Inc.’s holdings in Fair Isaac Corporation were worth $1,115,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the company. BlackRock Inc. grew its stake in shares of Fair Isaac Corporation by 23,429.3% in the 1st quarter. BlackRock Inc. now owns 3,195,752 shares of the technology company’s stock valued at $412,092,000 after buying an additional 3,182,170 shares during the period. Vanguard Group Inc. grew its stake in shares of Fair Isaac Corporation by 4.9% in the 1st quarter. Vanguard Group Inc. now owns 2,536,044 shares of the technology company’s stock valued at $327,023,000 after buying an additional 117,846 shares during the period. State Street Corp grew its stake in shares of Fair Isaac Corporation by 2.5% in the 1st quarter. State Street Corp now owns 993,200 shares of the technology company’s stock valued at $128,076,000 after buying an additional 24,396 shares during the period. Wellington Management Group LLP grew its stake in shares of Fair Isaac Corporation by 8.8% in the 1st quarter. Wellington Management Group LLP now owns 633,640 shares of the technology company’s stock valued at $81,708,000 after buying an additional 51,008 shares during the period. Finally, Bank of New York Mellon Corp grew its stake in shares of Fair Isaac Corporation by 13.5% in the 2nd quarter. Bank of New York Mellon Corp now owns 494,606 shares of the technology company’s stock valued at $68,952,000 after buying an additional 58,786 shares during the period. 88.17% of the stock is owned by institutional investors and hedge funds.

Several research firms have recently weighed in on FICO. BidaskClub cut shares of Fair Isaac Corporation from a “hold” rating to a “sell” rating in a research note on Tuesday, August 8th. Zacks Investment Research cut shares of Fair Isaac Corporation from a “hold” rating to a “strong sell” rating in a research note on Thursday, August 3rd. Finally, Wells Fargo & Company increased their price target on shares of Fair Isaac Corporation from $150.00 to $160.00 and gave the company a “positive” rating in a research note on Tuesday, August 1st.

Shares of Fair Isaac Corporation (NYSE FICO) opened at 142.41 on Thursday. The stock has a 50 day moving average of $139.37 and a 200 day moving average of $136.35. Fair Isaac Corporation has a 1-year low of $109.77 and a 1-year high of $147.02. The stock has a market cap of $4.36 billion, a PE ratio of 38.18 and a beta of 1.21.

Fair Isaac Corporation (NYSE:FICO) last posted its quarterly earnings data on Monday, July 31st. The technology company reported $0.78 earnings per share for the quarter, missing analysts’ consensus estimates of $0.90 by ($0.12). The firm had revenue of $231.00 million during the quarter, compared to analyst estimates 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 quarterly revenue was down 3.3% on a year-over-year basis. During the same period in the prior year, the firm earned $1.45 EPS. Equities research analysts forecast that Fair Isaac Corporation will post $4.94 EPS for the current year.

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In related news, Director David A. Rey sold 7,340 shares of the business’s stock in a transaction that occurred on Tuesday, August 22nd. The shares were sold at an average price of $140.25, for a total value of $1,029,435.00. Following the completion of the sale, the director now directly owns 15,714 shares in the company, valued at $2,203,888.50. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director David A. Rey sold 2,660 shares of the business’s stock in a transaction that occurred on 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 $1,549,945.98. The disclosure for this sale can be found here. Insiders own 5.60% of the company’s stock.

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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