Fair Isaac Corp. (NYSE:FICO) CEO William J. Lansing sold 30,000 shares of the business’s stock in a transaction that occurred on Tuesday, October 11th. The stock was sold at an average price of $119.85, for a total transaction of $3,595,500.00. Following the completion of the sale, the chief executive officer now directly owns 192,495 shares of the company’s stock, valued at $23,070,525.75. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Fair Isaac Corp. (NYSE:FICO) opened at 120.28 on Friday. The firm has a market capitalization of $3.71 billion, a PE ratio of 35.24 and a beta of 1.33. Fair Isaac Corp. has a 1-year low of $78.11 and a 1-year high of $132.95. The company’s 50-day moving average is $127.13 and its 200 day moving average is $116.64.
Fair Isaac Corp. (NYSE:FICO) last posted its quarterly earnings data on Thursday, July 28th. The company reported $1.45 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.73 by $0.72. Fair Isaac Corp. had a net margin of 12.60% and a return on equity of 30.09%. The company had revenue of $238.78 million for the quarter, compared to the consensus estimate of $220.16 million. During the same period last year, the company earned $1.00 earnings per share. The firm’s revenue was up 14.0% compared to the same quarter last year. On average, equities analysts expect that Fair Isaac Corp. will post $3.13 EPS for the current fiscal year.
The firm also recently disclosed 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 of this dividend was Monday, September 12th. This represents a $0.08 dividend on an annualized basis and a dividend yield of 0.07%. Fair Isaac Corp.’s dividend payout ratio (DPR) is presently 2.34%.
Hedge funds have recently bought and sold shares of the stock. Meeder Asset Management Inc. acquired a new stake in Fair Isaac Corp. during the first quarter worth about $110,000. Daiwa Securities Group Inc. acquired a new stake in Fair Isaac Corp. during the second quarter worth about $192,000. Schaper Benz & Wise Investment Counsel Inc. WI acquired a new stake in Fair Isaac Corp. during the second quarter worth about $211,000. LS Investment Advisors LLC increased its stake in Fair Isaac Corp. by 73.1% in the second quarter. LS Investment Advisors LLC now owns 1,894 shares of the company’s stock worth $214,000 after buying an additional 800 shares during the period. Finally, Murphy Capital Management Inc. acquired a new stake in Fair Isaac Corp. during the second quarter worth about $220,000. Institutional investors own 90.92% of the company’s stock.
Several research firms recently issued reports on FICO. Barclays PLC upped their price objective on shares of Fair Isaac Corp. from $115.00 to $135.00 and gave the stock an “overweight” rating in a report on Tuesday, August 2nd. Zacks Investment Research raised 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 set a “buy” rating and a $135.00 price objective for the company. Three analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The company has an average rating of “Buy” and an average price target of $119.00.
Fair Isaac Corp. Company Profile
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