Fair Isaac Co. (NYSE:FICO) saw a large increase in short interest in the month of July. As of July 15th, there was short interest totalling 603,300 shares, an increase of 16.0% from the June 15th total of 520,000 shares. Based on an average trading volume of 226,600 shares, the days-to-cover ratio is presently 2.7 days. Approximately 2.1% of the company’s shares are sold short.

Several equities research analysts have weighed in on FICO shares. Wells Fargo & Co lowered their target price on WellCare Health Plans from $346.00 to $330.00 and set an “outperform” rating for the company in a report on Wednesday, May 1st. Zacks Investment Research upgraded HB Fuller from a “sell” rating to a “hold” rating in a report on Wednesday, July 3rd.

Shares of FICO stock traded down $3.21 during mid-day trading on Monday, hitting $349.46. The stock had a trading volume of 1,532 shares, compared to its average volume of 181,393. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 2.44. The firm has a market capitalization of $10.22 billion, a price-to-earnings ratio of 80.36 and a beta of 1.23. Fair Isaac has a 12-month low of $170.26 and a 12-month high of $354.20. The stock has a 50-day moving average of $323.68.

Fair Isaac (NYSE:FICO) last issued its quarterly earnings data on Tuesday, April 30th. The technology company reported $1.56 earnings per share for the quarter, missing analysts’ consensus estimates of $1.63 by ($0.07). The company had revenue of $278.20 million for the quarter, compared to analysts’ expectations of $281.17 million. Fair Isaac had a return on equity of 51.46% and a net margin of 14.47%. The company’s revenue for the quarter was up 8.6% compared to the same quarter last year. During the same quarter last year, the company earned $1.50 earnings per share. Sell-side analysts predict that Fair Isaac will post 4.92 earnings per share for the current fiscal year.

In other Fair Isaac news, insider William J. Lansing sold 16,000 shares of the company’s stock in a transaction on Wednesday, June 5th. The stock was sold at an average price of $302.11, for a total value of $4,833,760.00. Following the completion of the sale, the insider now directly owns 282,557 shares in the company, valued at approximately $85,363,295.27. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Michael J. Pung sold 7,996 shares of the company’s stock in a transaction on Wednesday, July 10th. The stock was sold at an average price of $339.83, for a total value of $2,717,280.68. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 55,492 shares of company stock valued at $17,399,839. 6.10% of the stock is owned by company insiders.

A number of large investors have recently made changes to their positions in the stock. Legal & General Group Plc increased its holdings in shares of Fair Isaac by 4.8% in the fourth quarter. Legal & General Group Plc now owns 35,836 shares of the technology company’s stock valued at $6,702,000 after purchasing an additional 1,655 shares during the period. Sawgrass Asset Management LLC increased its holdings in shares of Fair Isaac by 115.9% in the first quarter. Sawgrass Asset Management LLC now owns 9,100 shares of the technology company’s stock valued at $2,472,000 after purchasing an additional 4,885 shares during the period. State Treasurer State of Michigan increased its holdings in shares of Fair Isaac by 1.0% in the first quarter. State Treasurer State of Michigan now owns 10,400 shares of the technology company’s stock valued at $2,825,000 after purchasing an additional 100 shares during the period. Millennium Management LLC increased its holdings in shares of Fair Isaac by 16.9% in the fourth quarter. Millennium Management LLC now owns 162,460 shares of the technology company’s stock valued at $30,380,000 after purchasing an additional 23,472 shares during the period. Finally, Marshall Wace North America L.P. increased its holdings in shares of Fair Isaac by 9.7% in the first quarter. Marshall Wace North America L.P. now owns 256,136 shares of the technology company’s stock valued at $69,574,000 after purchasing an additional 22,547 shares during the period. 83.91% of the stock is currently owned by institutional investors.

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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