Eva Manolis Sells 521 Shares of Fair Isaac (NYSE:FICO) Stock

Fair Isaac Corporation (NYSE:FICO) Director Eva Manolis sold 521 shares of the stock in a transaction that occurred on Friday, December 12th. The stock was sold at an average price of $1,825.83, for a total transaction of $951,257.43. Following the completion of the sale, the director owned 344 shares of the company’s stock, valued at approximately $628,085.52. The trade was a 60.23% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Fair Isaac Trading Down 2.1%

NYSE FICO opened at $1,753.74 on Thursday. Fair Isaac Corporation has a 1-year low of $1,300.00 and a 1-year high of $2,217.60. The company has a market capitalization of $41.58 billion, a PE ratio of 66.05, a price-to-earnings-growth ratio of 1.99 and a beta of 1.29. The firm’s fifty day simple moving average is $1,714.76 and its 200-day simple moving average is $1,634.64.

Fair Isaac (NYSE:FICO) last released its quarterly earnings data on Thursday, October 30th. The technology company reported $7.74 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $7.36 by $0.38. Fair Isaac had a negative return on equity of 43.97% and a net margin of 32.75%.The firm had revenue of $515.75 million during the quarter, compared to analysts’ expectations of $512.38 million. During the same quarter last year, the firm earned $6.54 earnings per share. The business’s revenue for the quarter was up 13.6% on a year-over-year basis. As a group, analysts predict that Fair Isaac Corporation will post 24.15 EPS for the current year.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Westside Investment Management Inc. bought a new stake in Fair Isaac during the second quarter valued at about $26,000. ORG Partners LLC acquired a new position in shares of Fair Isaac during the 2nd quarter worth about $27,000. Hilltop National Bank acquired a new stake in Fair Isaac in the 2nd quarter valued at approximately $27,000. Geo Capital Gestora de Recursos Ltd bought a new position in Fair Isaac in the 1st quarter worth approximately $28,000. Finally, Ransom Advisory Ltd acquired a new position in shares of Fair Isaac during the third quarter worth approximately $30,000. Institutional investors own 85.75% of the company’s stock.

Analysts Set New Price Targets

FICO has been the topic of a number of research reports. Oppenheimer downgraded Fair Isaac from an “outperform” rating to a “market perform” rating in a report on Monday, October 13th. JPMorgan Chase & Co. increased their price target on shares of Fair Isaac from $1,750.00 to $1,825.00 and gave the stock a “neutral” rating in a research note on Thursday, November 6th. Needham & Company LLC reaffirmed a “buy” rating and issued a $1,950.00 price objective on shares of Fair Isaac in a research note on Thursday, October 2nd. Zacks Research cut shares of Fair Isaac from a “strong-buy” rating to a “hold” rating in a report on Monday, December 1st. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of Fair Isaac in a report on Monday. Two equities research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat, Fair Isaac has an average rating of “Moderate Buy” and a consensus target price of $2,076.77.

About Fair Isaac

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.