A George Battle Buys 5,230 Shares of Fair Isaac Co. (FICO) Stock

Fair Isaac Co. (NYSE:FICO) Director A George Battle purchased 5,230 shares of the company’s stock in a transaction that occurred on Tuesday, November 13th. The shares were purchased at an average cost of $190.57 per share, with a total value of $996,681.10. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Shares of Fair Isaac stock opened at $193.30 on Friday. Fair Isaac Co. has a 12 month low of $151.27 and a 12 month high of $241.10. The company has a market cap of $5.52 billion, a P/E ratio of 44.54, a PEG ratio of 3.90 and a beta of 1.43. The company has a debt-to-equity ratio of 2.01, a current ratio of 0.80 and a quick ratio of 0.84.

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

FICO has been the subject of a number of research reports. Wells Fargo & Co increased their price target on Fair Isaac from $200.00 to $250.00 and gave the company an “outperform” rating in a research note on Friday, July 27th. Zacks Investment Research raised Fair Isaac from a “hold” rating to a “strong-buy” rating and set a $230.00 price target for the company in a research note on Tuesday, July 31st. Finally, ValuEngine raised Fair Isaac from a “buy” rating to a “strong-buy” rating in a research note on Thursday, August 2nd. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of $208.50.

Several large investors have recently bought and sold shares of the company. AKO Capital LLP lifted its stake in shares of Fair Isaac by 14.8% in the 2nd quarter. AKO Capital LLP now owns 403,978 shares of the technology company’s stock valued at $78,097,000 after purchasing an additional 52,052 shares during the last quarter. Valley Forge Capital Management LP lifted its stake in shares of Fair Isaac by 4.4% in the 3rd quarter. Valley Forge Capital Management LP now owns 333,078 shares of the technology company’s stock valued at $76,125,000 after purchasing an additional 14,000 shares during the last quarter. Brown Advisory Inc. lifted its stake in shares of Fair Isaac by 1.0% in the 3rd quarter. Brown Advisory Inc. now owns 324,290 shares of the technology company’s stock valued at $74,116,000 after purchasing an additional 3,090 shares during the last quarter. Janus Henderson Group PLC lifted its stake in shares of Fair Isaac by 14.1% in the 3rd quarter. Janus Henderson Group PLC now owns 284,472 shares of the technology company’s stock valued at $65,016,000 after purchasing an additional 35,189 shares during the last quarter. Finally, Dimensional Fund Advisors LP lifted its stake in shares of Fair Isaac by 0.8% in the 3rd quarter. Dimensional Fund Advisors LP now owns 284,161 shares of the technology company’s stock valued at $64,943,000 after purchasing an additional 2,231 shares during the last quarter. 84.46% of the stock is owned by institutional investors and hedge funds.

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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.

Further Reading: Price to Earnings Ratio (PE)

Insider Buying and Selling by Quarter for Fair Isaac (NYSE:FICO)

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