New York State Teachers Retirement System Has $13.67 Million Stock Position in Fair Isaac Co. (NYSE:FICO)

New York State Teachers Retirement System lowered its stake in shares of Fair Isaac Co. (NYSE:FICO) by 4.2% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 43,545 shares of the technology company’s stock after selling 1,900 shares during the period. New York State Teachers Retirement System owned approximately 0.15% of Fair Isaac worth $13,674,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Macquarie Group Ltd. raised its holdings in shares of Fair Isaac by 843.8% during the fourth quarter. Macquarie Group Ltd. now owns 151 shares of the technology company’s stock valued at $28,000 after purchasing an additional 135 shares during the period. Toronto Dominion Bank acquired a new position in shares of Fair Isaac during the first quarter valued at about $54,000. Ellis Investment Partners LLC acquired a new position in shares of Fair Isaac during the first quarter valued at about $94,000. Cleararc Capital Inc. acquired a new stake in shares of Fair Isaac in the 1st quarter worth about $203,000. Finally, Cigna Investments Inc. New acquired a new stake in shares of Fair Isaac in the 1st quarter worth about $223,000. Hedge funds and other institutional investors own 83.91% of the company’s stock.

FICO opened at $349.88 on Wednesday. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 2.44. Fair Isaac Co. has a fifty-two week low of $170.26 and a fifty-two week high of $354.42. The firm has a market cap of $10.22 billion, a price-to-earnings ratio of 80.62 and a beta of 1.23. The stock has a 50-day simple moving average of $326.60.

Fair Isaac (NYSE:FICO) last posted its earnings results on Tuesday, April 30th. The technology company reported $1.56 earnings per share for the quarter, missing the Zacks’ consensus estimate of $1.63 by ($0.07). Fair Isaac had a return on equity of 51.46% and a net margin of 14.47%. The business had revenue of $278.20 million during the quarter, compared to analyst estimates of $281.17 million. During the same quarter in the prior year, the company earned $1.50 EPS. The company’s revenue was up 8.6% on a year-over-year basis. Sell-side analysts predict that Fair Isaac Co. will post 4.92 earnings per share for the current fiscal year.

A number of equities research analysts recently weighed in on FICO shares. Zacks Investment Research upgraded shares of HB Fuller from a “sell” rating to a “hold” rating in a report on Wednesday, July 3rd. Wells Fargo & Co lowered their target price on shares of WellCare Health Plans from $346.00 to $330.00 and set an “outperform” rating on the stock in a report on Wednesday, May 1st.

In other Fair Isaac news, CFO Michael J. Pung sold 7,996 shares of the stock in a transaction dated Wednesday, July 10th. The shares were sold at an average price of $339.83, for a total value of $2,717,280.68. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider William J. Lansing sold 16,000 shares of the stock in a transaction dated Wednesday, June 5th. The shares were sold at an average price of $302.11, for a total transaction of $4,833,760.00. Following the completion of the sale, the insider now owns 282,557 shares of the company’s stock, valued at approximately $85,363,295.27. The disclosure for this sale can be found here. Insiders sold a total of 55,492 shares of company stock worth $17,399,839 in the last 90 days. 6.10% of the stock is currently owned by company insiders.

Fair Isaac Profile

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

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