Fair Isaac Co. (FICO) EVP James M. Wehmann Sells 10,000 Shares

Fair Isaac Co. (NYSE:FICO) EVP James M. Wehmann sold 10,000 shares of the business’s stock in a transaction that occurred on Tuesday, December 4th. The stock was sold at an average price of $196.43, for a total value of $1,964,300.00. Following the sale, the executive vice president now owns 99,726 shares of the company’s stock, valued at $19,589,178.18. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

Shares of Fair Isaac stock traded down $2.07 on Thursday, hitting $190.49. 10,962 shares of the company were exchanged, compared to its average volume of 236,290. The stock has a market cap of $5.58 billion, a P/E ratio of 43.57, a P/E/G ratio of 3.94 and a beta of 1.43. Fair Isaac Co. has a 1-year low of $152.46 and a 1-year high of $241.10. The company has a debt-to-equity ratio of 2.01, a current ratio of 0.80 and a quick ratio of 0.80.

Fair Isaac (NYSE:FICO) last issued its earnings results on Thursday, November 1st. The technology company reported $1.89 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $2.02 by ($0.13). The company had revenue of $279.80 million for the quarter, compared to analyst estimates of $272.70 million. Fair Isaac had a return on equity of 45.11% and a net margin of 13.79%. The company’s revenue for the quarter was up 10.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.65 earnings per share. As a group, research analysts expect that Fair Isaac Co. will post 4.89 EPS for the current fiscal year.

Institutional investors have recently modified their holdings of the company. Wedge Capital Management L L P NC boosted its holdings in shares of Fair Isaac by 13.5% during the 3rd quarter. Wedge Capital Management L L P NC now owns 3,532 shares of the technology company’s stock worth $807,000 after purchasing an additional 419 shares during the last quarter. Meeder Asset Management Inc. lifted its holdings in Fair Isaac by 395.8% in the third quarter. Meeder Asset Management Inc. now owns 5,717 shares of the technology company’s stock valued at $1,306,000 after acquiring an additional 4,564 shares during the last quarter. Arizona State Retirement System lifted its holdings in Fair Isaac by 1.6% in the second quarter. Arizona State Retirement System now owns 20,717 shares of the technology company’s stock valued at $4,005,000 after acquiring an additional 334 shares during the last quarter. Morgan Stanley lifted its holdings in Fair Isaac by 4.2% in the second quarter. Morgan Stanley now owns 203,426 shares of the technology company’s stock valued at $39,326,000 after acquiring an additional 8,254 shares during the last quarter. Finally, Assenagon Asset Management S.A. lifted its holdings in Fair Isaac by 340.1% in the third quarter. Assenagon Asset Management S.A. now owns 35,347 shares of the technology company’s stock valued at $8,079,000 after acquiring an additional 27,316 shares during the last quarter. Institutional investors and hedge funds own 83.95% of the company’s stock.

Several equities research analysts have commented on the company. Zacks Investment Research lowered Fair Isaac from a “hold” rating to a “sell” rating in a research note on Tuesday, November 6th. Barclays boosted their price objective on Fair Isaac to $200.00 in a research note on Sunday. Wells Fargo & Co set a $250.00 target price on Fair Isaac and gave the stock a “buy” rating in a report on Sunday, November 4th. Finally, ValuEngine cut Fair Isaac from a “strong-buy” rating to a “buy” rating in a report on Friday, November 2nd. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and three have issued a buy rating to the company’s stock. Fair Isaac currently has a consensus rating of “Hold” and a consensus price target of $208.50.

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About Fair Isaac

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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