Fair Isaac Corporation (NYSE:FICO) was upgraded by research analysts at BidaskClub from a “hold” rating to a “buy” rating in a research note issued to investors on Tuesday.

A number of other brokerages have also recently issued reports on FICO. Zacks Investment Research upgraded Fair Isaac Corporation from a “hold” rating to a “buy” rating and set a $164.00 target price on the stock in a report on Monday. Wells Fargo & Company raised 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.

Shares of Fair Isaac Corporation (NYSE FICO) opened at 147.15 on Tuesday. The firm’s 50-day moving average price is $141.26 and its 200 day moving average price is $137.63. Fair Isaac Corporation has a 12-month low of $109.77 and a 12-month high of $149.00. The firm has a market cap of $4.51 billion, a P/E ratio of 39.45 and a beta of 1.21.

Fair Isaac Corporation (NYSE:FICO) last posted its quarterly earnings results on Monday, July 31st. The technology company reported $0.78 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.90 by ($0.12). The firm had revenue of $231.00 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%. Fair Isaac Corporation’s revenue was down 3.3% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.45 EPS. On average, equities analysts expect that Fair Isaac Corporation will post $4.93 earnings per share for the current fiscal year.

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In other news, Director David A. Rey sold 2,660 shares of Fair Isaac Corporation stock in a transaction dated Thursday, August 17th. The stock was sold at an average price of $140.47, for a total transaction of $373,650.20. Following the transaction, the director now owns 11,034 shares in the company, valued at approximately $1,549,945.98. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director David A. Rey sold 7,340 shares of Fair Isaac Corporation stock in a transaction dated 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 transaction, the director now owns 15,714 shares in the company, valued at approximately $2,203,888.50. The disclosure for this sale can be found here. Insiders own 5.60% of the company’s stock.

Several large investors have recently added to or reduced their stakes in FICO. UBS Asset Management Americas Inc. lifted its holdings in shares of Fair Isaac Corporation by 19.7% during the 1st quarter. UBS Asset Management Americas Inc. now owns 16,974 shares of the technology company’s stock valued at $2,189,000 after purchasing an additional 2,790 shares in the last quarter. SG Americas Securities LLC lifted its holdings in shares of Fair Isaac Corporation by 26.7% during the 1st quarter. SG Americas Securities LLC now owns 4,450 shares of the technology company’s stock valued at $574,000 after purchasing an additional 938 shares in the last quarter. OppenheimerFunds Inc. bought a new position in shares of Fair Isaac Corporation during the 1st quarter valued at about $292,000. Principal Financial Group Inc. lifted its holdings in shares of Fair Isaac Corporation by 3.2% during the 1st quarter. Principal Financial Group Inc. now owns 129,102 shares of the technology company’s stock valued at $16,648,000 after purchasing an additional 4,022 shares in the last quarter. Finally, Advantus Capital Management Inc lifted its holdings in shares of Fair Isaac Corporation by 5.3% during the 1st quarter. Advantus Capital Management Inc now owns 3,977 shares of the technology company’s stock valued at $513,000 after purchasing an additional 201 shares in the last quarter. Institutional investors and hedge funds own 88.17% 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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