Fair Isaac Co. (NYSE:FICO) EVP Richard Deal Sells 13,591 Shares of Stock

Fair Isaac Co. (NYSE:FICO) EVP Richard Deal sold 13,591 shares of Fair Isaac stock in a transaction dated Wednesday, June 12th. The stock was sold at an average price of $1,374.30, for a total transaction of $18,678,111.30. Following the transaction, the executive vice president now directly owns 49,314 shares in the company, valued at $67,772,230.20. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Fair Isaac Stock Up 0.9 %

Fair Isaac stock opened at $1,390.83 on Friday. The firm has a market cap of $34.37 billion, a PE ratio of 73.01, a price-to-earnings-growth ratio of 3.71 and a beta of 1.31. Fair Isaac Co. has a 52-week low of $764.49 and a 52-week high of $1,451.78. The company’s 50 day moving average is $1,268.50 and its two-hundred day moving average is $1,236.48.

Fair Isaac (NYSE:FICO) last released its earnings results on Thursday, April 25th. The technology company reported $5.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.89 by $0.20. The company had revenue of $433.81 million for the quarter, compared to analyst estimates of $425.94 million. Fair Isaac had a net margin of 29.99% and a negative return on equity of 62.28%. On average, equities research analysts anticipate that Fair Isaac Co. will post 19.75 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on FICO shares. Redburn Atlantic started coverage on shares of Fair Isaac in a report on Tuesday, April 16th. They issued a “neutral” rating and a $1,113.00 price objective on the stock. Needham & Company LLC restated a “buy” rating and issued a $1,500.00 price objective on shares of Fair Isaac in a report on Tuesday. Finally, Raymond James upped their price objective on shares of Fair Isaac from $1,413.00 to $1,418.00 and gave the stock an “outperform” rating in a report on Friday, April 26th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $1,274.33.

Institutional Investors Weigh In On Fair Isaac

Large investors have recently modified their holdings of the company. Rhumbline Advisers grew its position in shares of Fair Isaac by 0.5% in the 3rd quarter. Rhumbline Advisers now owns 53,828 shares of the technology company’s stock valued at $46,751,000 after buying an additional 283 shares during the last quarter. PNC Financial Services Group Inc. grew its position in shares of Fair Isaac by 18.9% in the 3rd quarter. PNC Financial Services Group Inc. now owns 1,556 shares of the technology company’s stock valued at $1,351,000 after buying an additional 247 shares during the last quarter. DekaBank Deutsche Girozentrale grew its position in shares of Fair Isaac by 14.7% in the 3rd quarter. DekaBank Deutsche Girozentrale now owns 14,380 shares of the technology company’s stock valued at $12,712,000 after buying an additional 1,843 shares during the last quarter. Johnson Investment Counsel Inc. grew its position in shares of Fair Isaac by 0.3% in the 3rd quarter. Johnson Investment Counsel Inc. now owns 3,412 shares of the technology company’s stock valued at $2,963,000 after buying an additional 11 shares during the last quarter. Finally, Kestra Advisory Services LLC purchased a new position in shares of Fair Isaac in the 3rd quarter valued at $243,000. 85.75% of the stock is owned by hedge funds and other institutional investors.

Fair Isaac Company Profile

Fair Isaac Corporation develops analytic, software, and digital decisioning technologies and services that enable businesses to automate, enhance, and connect decisions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company operates in two segments, Scores and Software. The Software segment provides pre-configured analytic and decision management solution designed for various business needs or processes, such as account origination, customer management, customer engagement, fraud detection, financial crimes compliance, and marketing, as well as associated professional services.