Fair Isaac (NYSE:FICO) Reaches New 1-Year High at $1,527.68

Fair Isaac Co. (NYSE:FICO) shares reached a new 52-week high during trading on Tuesday . The stock traded as high as $1,527.68 and last traded at $1,527.10, with a volume of 83868 shares changing hands. The stock had previously closed at $1,496.51.

Wall Street Analyst Weigh In

FICO has been the subject of several research reports. Raymond James increased their price objective on shares of Fair Isaac from $1,413.00 to $1,418.00 and gave the company an “outperform” rating in a report on Friday, April 26th. Needham & Company LLC reissued a “buy” rating and set a $1,500.00 price objective on shares of Fair Isaac in a report on Tuesday, June 11th. Finally, Redburn Atlantic initiated coverage on shares of Fair Isaac in a report on Tuesday, April 16th. They set a “neutral” rating and a $1,113.00 price objective for the company. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat.com, Fair Isaac has a consensus rating of “Moderate Buy” and a consensus target price of $1,274.33.

Fair Isaac Stock Performance

The stock’s fifty day moving average is $1,345.83 and its 200 day moving average is $1,270.21. The stock has a market cap of $37.81 billion, a P/E ratio of 80.08, a P/E/G ratio of 4.12 and a beta of 1.34.

Fair Isaac (NYSE:FICO) last announced its quarterly earnings data on Thursday, April 25th. The technology company reported $5.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.89 by $0.20. The business had revenue of $433.81 million during the quarter, compared to the consensus estimate of $425.94 million. Fair Isaac had a net margin of 29.99% and a negative return on equity of 62.28%. Equities research analysts predict that Fair Isaac Co. will post 19.75 EPS for the current year.

Insider Transactions at Fair Isaac

In related news, CEO William J. Lansing sold 8,000 shares of Fair Isaac stock in a transaction that occurred on Tuesday, April 16th. The shares were sold at an average price of $1,140.55, for a total transaction of $9,124,400.00. Following the transaction, the chief executive officer now directly owns 12,638 shares of the company’s stock, valued at $14,414,270.90. The sale was disclosed in a filing with the SEC, which is accessible through this link. In other Fair Isaac news, CEO William J. Lansing sold 8,000 shares of Fair Isaac stock in a transaction on Tuesday, April 16th. The shares were sold at an average price of $1,140.55, for a total value of $9,124,400.00. Following the transaction, the chief executive officer now directly owns 12,638 shares of the company’s stock, valued at $14,414,270.90. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Richard Deal sold 13,591 shares of Fair Isaac stock in a transaction on 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 sale, the executive vice president now owns 49,314 shares of the company’s stock, valued at $67,772,230.20. The disclosure for this sale can be found here. Over the last three months, insiders have sold 24,014 shares of company stock valued at $31,012,918. 3.54% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Fair Isaac

Several institutional investors and hedge funds have recently made changes to their positions in the stock. EntryPoint Capital LLC acquired a new position in Fair Isaac during the first quarter valued at $25,000. Advisors Asset Management Inc. acquired a new position in Fair Isaac during the first quarter valued at $26,000. OFI Invest Asset Management acquired a new position in Fair Isaac during the first quarter valued at $31,000. McGlone Suttner Wealth Management Inc. acquired a new position in Fair Isaac during the fourth quarter valued at $35,000. Finally, DSM Capital Partners LLC acquired a new position in Fair Isaac during the fourth quarter valued at $37,000. 85.75% of the stock is currently owned by institutional investors and hedge funds.

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.