Vanguard Group Inc. Boosts Stake in Fair Isaac Corporation (FICO)

Vanguard Group Inc. increased its stake in shares of Fair Isaac Corporation (NYSE:FICO) by 2.4% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,596,086 shares of the technology company’s stock after acquiring an additional 60,042 shares during the period. Vanguard Group Inc. owned about 8.48% of Fair Isaac Corporation worth $361,920,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of FICO. US Bancorp DE increased its stake in Fair Isaac Corporation by 1.2% in the 1st quarter. US Bancorp DE now owns 2,568 shares of the technology company’s stock valued at $331,000 after buying an additional 30 shares during the last quarter. UBS Asset Management Americas Inc. increased its stake in Fair Isaac Corporation by 19.7% in 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 buying an additional 2,790 shares during the last quarter. Karp Capital Management Corp acquired a new stake in Fair Isaac Corporation in the 1st quarter valued at $1,214,000. Sei Investments Co. increased its stake in Fair Isaac Corporation by 26.2% in the 1st quarter. Sei Investments Co. now owns 8,749 shares of the technology company’s stock valued at $1,128,000 after buying an additional 1,817 shares during the last quarter. Finally, Raymond James Financial Services Advisors Inc. increased its stake in Fair Isaac Corporation by 0.5% in the 1st quarter. Raymond James Financial Services Advisors Inc. now owns 3,002 shares of the technology company’s stock valued at $387,000 after buying an additional 16 shares during the last quarter. Institutional investors and hedge funds own 88.17% of the company’s stock.

Several brokerages have issued reports on FICO. Zacks Investment Research lowered shares of Fair Isaac Corporation from a “hold” rating to a “strong sell” rating in a research note on Thursday, August 3rd. BidaskClub upgraded shares of Fair Isaac Corporation from a “hold” rating to a “buy” rating in a research note on Friday, June 30th. Finally, Wells Fargo & Company lifted their price target on shares of Fair Isaac Corporation from $150.00 to $160.00 and gave the company a “positive” rating in a research note on Tuesday, August 1st.

In other Fair Isaac Corporation news, Director David A. Rey sold 2,660 shares of the company’s stock in a transaction that occurred on Thursday, August 17th. The stock was sold at an average price of $140.47, for a total value of $373,650.20. Following the completion of the transaction, the director now directly owns 11,034 shares in the company, valued at approximately $1,549,945.98. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director David A. Rey sold 7,340 shares of the company’s stock in a transaction that occurred on Tuesday, August 22nd. The stock was sold at an average price of $140.25, for a total value of $1,029,435.00. Following the completion of the transaction, the director now owns 15,714 shares of the company’s stock, valued at $2,203,888.50. The disclosure for this sale can be found here. Insiders own 5.60% of the company’s stock.

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Shares of Fair Isaac Corporation (FICO) traded up 0.35% on Tuesday, hitting $148.01. 21,749 shares of the stock were exchanged. The stock has a market cap of $4.53 billion, a price-to-earnings ratio of 39.68 and a beta of 1.21. The stock’s 50-day moving average is $140.60 and its 200-day moving average is $137.30. Fair Isaac Corporation has a 1-year low of $109.77 and a 1-year high of $148.32.

Fair Isaac Corporation (NYSE:FICO) last announced its quarterly earnings data on Monday, July 31st. The technology company reported $0.78 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.90 by ($0.12). The company had revenue of $231.00 million for 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%. The company’s revenue was down 3.3% compared to the same quarter last year. During the same quarter last year, the firm posted $1.45 earnings per share. Analysts forecast that Fair Isaac Corporation will post $4.93 earnings per share for the current year.

Fair Isaac Corporation 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.

Institutional Ownership by Quarter for Fair Isaac Corporation (NYSE:FICO)

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