Fair Isaac Co. (NYSE:FICO) insider James M. Wehmann sold 10,000 shares of the firm’s stock in a transaction dated Wednesday, August 22nd. The shares were sold at an average price of $220.75, for a total transaction of $2,207,500.00. Following the completion of the sale, the insider now owns 99,726 shares of the company’s stock, valued at approximately $22,014,514.50. The transaction was disclosed in a document filed with the SEC, which is available at this link.

NYSE FICO traded up $2.52 during trading on Friday, reaching $240.03. 231,934 shares of the stock traded hands, compared to its average volume of 178,370. The stock has a market cap of $6.90 billion, a P/E ratio of 51.15, a P/E/G ratio of 5.26 and a beta of 1.29. The company has a debt-to-equity ratio of 1.89, a quick ratio of 0.84 and a current ratio of 0.84. Fair Isaac Co. has a fifty-two week low of $131.52 and a fifty-two week high of $241.10.

Fair Isaac (NYSE:FICO) last issued its quarterly earnings data on Thursday, July 26th. The technology company reported $1.51 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.02 by $0.49. Fair Isaac had a net margin of 13.12% and a return on equity of 39.61%. The firm had revenue of $259.50 million during the quarter, compared to analysts’ expectations of $257.49 million. During the same quarter in the previous year, the company earned $1.16 earnings per share. The business’s revenue for the quarter was up 12.3% on a year-over-year basis. analysts predict that Fair Isaac Co. will post 4.5 earnings per share for the current fiscal year.

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Arizona State Retirement System lifted its position in shares of Fair Isaac by 1.6% in the second quarter. Arizona State Retirement System now owns 20,717 shares of the technology company’s stock worth $4,005,000 after purchasing an additional 334 shares in the last quarter. Acadian Asset Management LLC lifted its position in shares of Fair Isaac by 23.6% in the second quarter. Acadian Asset Management LLC now owns 99,309 shares of the technology company’s stock worth $19,200,000 after purchasing an additional 18,979 shares in the last quarter. Bowling Portfolio Management LLC bought a new stake in shares of Fair Isaac in the second quarter worth $204,000. Dai Ichi Life Insurance Company Ltd bought a new stake in Fair Isaac during the second quarter worth $3,782,000. Finally, Bank of Montreal Can raised its position in Fair Isaac by 51.0% during the second quarter. Bank of Montreal Can now owns 13,301 shares of the technology company’s stock worth $2,571,000 after acquiring an additional 4,492 shares in the last quarter. 88.36% of the stock is currently owned by hedge funds and other institutional investors.

Several equities research analysts have recently commented on FICO shares. Barclays lifted their price target on shares of Fair Isaac from $190.00 to $200.00 and gave the stock an “equal weight” rating in a research report on Thursday, July 12th. ValuEngine cut shares of Fair Isaac from a “buy” rating to a “hold” rating in a research report on Monday, July 2nd. Zacks Investment Research upgraded shares of Fair Isaac from a “sell” rating to a “hold” rating in a research report on Tuesday, June 26th. Finally, Wells Fargo & Co boosted their price objective on shares of Fair Isaac from $200.00 to $250.00 and gave the company an “outperform” rating in a report on Friday, July 27th. Two investment analysts have rated the stock with a hold rating, two have issued a buy rating and two have issued a strong buy rating to the company. The company presently has an average rating of “Buy” and an average price target of $208.50.

Fair Isaac Company Profile

Fair Isaac Corporation develops analytic, software, and data management products and services that enable businesses to automate, enhance, and connect decisions. The company offers analytical solutions, credit scoring, and credit account management products and services to banks, credit reporting agencies, credit card processing agencies, insurers, retailers, healthcare organizations, and public agencies.

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Insider Buying and Selling by Quarter for Fair Isaac (NYSE:FICO)

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