Fair Isaac Corp. (NYSE:FICO) insider William J. Lansing sold 7,000 shares of the business’s stock in a transaction dated Monday, October 3rd. The shares were sold at an average price of $124.12, for a total transaction of $868,840.00. Following the transaction, the insider now owns 165,395 shares in the company, valued at approximately $20,528,827.40. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.
Shares of Fair Isaac Corp. (NYSE:FICO) opened at 123.40 on Friday. The firm has a 50-day moving average of $127.95 and a 200-day moving average of $116.08. Fair Isaac Corp. has a one year low of $78.11 and a one year high of $132.95. The stock has a market cap of $3.81 billion, a PE ratio of 36.16 and a beta of 1.33.
Fair Isaac Corp. (NYSE:FICO) last released its earnings results on Thursday, July 28th. The company reported $1.45 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.73 by $0.72. The firm earned $238.78 million during the quarter, compared to analyst estimates of $220.16 million. Fair Isaac Corp. had a net margin of 12.60% and a return on equity of 30.09%. The business’s revenue was up 14.0% on a year-over-year basis. During the same quarter last year, the business earned $1.00 EPS. On average, equities research analysts expect that Fair Isaac Corp. will post $3.13 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which was paid on Wednesday, September 28th. Stockholders of record on Wednesday, September 14th were issued a $0.02 dividend. The ex-dividend date was Monday, September 12th. This represents a $0.08 annualized dividend and a dividend yield of 0.06%. Fair Isaac Corp.’s dividend payout ratio (DPR) is presently 2.34%.
FICO has been the topic of several research analyst reports. Barclays PLC cut shares of Fair Isaac Corp. from an “overweight” rating to an “equal weight” rating and set a $135.00 price target on the stock. in a research report on Wednesday, September 21st. They noted that the move was a valuation call. Zacks Investment Research upgraded shares of Fair Isaac Corp. from a “sell” rating to a “hold” rating in a report on Monday, August 1st. Finally, Dougherty & Co began coverage on shares of Fair Isaac Corp. in a report on Wednesday, July 13th. They issued a “buy” rating and a $135.00 price objective on the stock. Three analysts have rated the stock with a hold rating and three have given a buy rating to the company. The company currently has an average rating of “Buy” and a consensus target price of $119.00.
Several large investors have recently added to or reduced their stakes in the company. Aperio Group LLC raised its stake in Fair Isaac Corp. by 39.1% in the first quarter. Aperio Group LLC now owns 7,252 shares of the company’s stock valued at $769,000 after buying an additional 2,038 shares during the period. CIBC World Markets Inc. purchased a new stake in Fair Isaac Corp. during the first quarter valued at about $231,000. BlackRock Inc. raised its stake in Fair Isaac Corp. by 7.5% in the first quarter. BlackRock Inc. now owns 12,114 shares of the company’s stock valued at $1,285,000 after buying an additional 850 shares during the period. BlackRock Group LTD raised its stake in Fair Isaac Corp. by 15.7% in the first quarter. BlackRock Group LTD now owns 23,351 shares of the company’s stock valued at $2,477,000 after buying an additional 3,163 shares during the period. Finally, BlackRock Institutional Trust Company N.A. raised its stake in Fair Isaac Corp. by 4.2% in the first quarter. BlackRock Institutional Trust Company N.A. now owns 912,581 shares of the company’s stock valued at $96,816,000 after buying an additional 37,017 shares during the period. Hedge funds and other institutional investors own 90.91% of the company’s stock.
About Fair Isaac Corp.
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