Ameriprise Financial Inc. Has $23.16 Million Stake in Fair Isaac Corporation (FICO)
Ameriprise Financial Inc. lifted its stake in shares of Fair Isaac Corporation (NYSE:FICO) by 5.6% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 164,810 shares of the technology company’s stock after buying an additional 8,750 shares during the period. Ameriprise Financial Inc. owned about 0.54% of Fair Isaac worth $23,156,000 as of its most recent SEC filing.
Other large investors also recently made changes to their positions in the company. YorkBridge Wealth Partners LLC bought a new stake in shares of Fair Isaac in the second quarter worth $138,000. Acrospire Investment Management LLC bought a new stake in shares of Fair Isaac in the second quarter worth $139,000. Zurcher Kantonalbank Zurich Cantonalbank grew its stake in shares of Fair Isaac by 15.0% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,233 shares of the technology company’s stock worth $172,000 after purchasing an additional 161 shares during the last quarter. Advisory Services Network LLC grew its stake in shares of Fair Isaac by 17.9% in the second quarter. Advisory Services Network LLC now owns 1,297 shares of the technology company’s stock worth $181,000 after purchasing an additional 197 shares during the last quarter. Finally, GSA Capital Partners LLP bought a new stake in shares of Fair Isaac in the second quarter worth $208,000. Institutional investors own 90.02% of the company’s stock.
Shares of Fair Isaac Corporation (NYSE FICO) traded up $0.63 during trading on Friday, hitting $157.31. 115,783 shares of the company traded hands, compared to its average volume of 136,481. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 1.09. Fair Isaac Corporation has a one year low of $118.07 and a one year high of $159.00. The company has a market capitalization of $4,720.00, a PE ratio of 39.47, a price-to-earnings-growth ratio of 4.25 and a beta of 1.26.
Fair Isaac (NYSE:FICO) last issued its quarterly earnings data on Wednesday, November 1st. The technology company reported $1.65 earnings per share for the quarter, topping the consensus estimate of $1.17 by $0.48. Fair Isaac had a net margin of 13.76% and a return on equity of 30.03%. The company had revenue of $253.21 million for the quarter, compared to analysts’ expectations of $249.11 million. During the same quarter in the previous year, the firm posted $1.28 earnings per share. Fair Isaac’s revenue for the quarter was up 7.4% on a year-over-year basis. equities research analysts anticipate that Fair Isaac Corporation will post 3.68 EPS for the current year.
FICO has been the topic of several analyst reports. BidaskClub cut shares of Fair Isaac from a “sell” rating to a “strong sell” rating in a research note on Monday, September 18th. Zacks Investment Research raised shares of Fair Isaac from a “hold” rating to a “buy” rating and set a $164.00 price objective on the stock in a research note on Monday, October 16th. Finally, Barclays boosted their price objective on shares of Fair Isaac from $135.00 to $140.00 and gave the stock an “equal weight” rating in a research note on Thursday, November 2nd.
In other news, Director Joanna Rees purchased 3,000 shares of the business’s stock in a transaction on Thursday, November 9th. The shares were acquired at an average price of $152.00 per share, with a total value of $456,000.00. Following the completion of the transaction, the director now owns 4,989 shares of the company’s stock, valued at approximately $758,328. The purchase was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director A George Battle sold 5,000 shares of the company’s stock in a transaction on Friday, November 3rd. The shares were sold at an average price of $150.46, for a total transaction of $752,300.00. Following the sale, the director now directly owns 21,259 shares in the company, valued at approximately $3,198,629.14. The disclosure for this sale can be found here. Corporate insiders own 5.60% of the company’s stock.
Fair Isaac Company Profile
Fair Isaac Corporation (FICO) is a provider of analytic, software and data management products and services that enable businesses to automate and connect decisions. The Company operates through three segments: Applications, Scores and Decision Management Software. The Applications segment includes pre-configured decision management applications designed for a specific type of business problem or process, such as marketing, account origination, customer management, fraud, collections and insurance claims management.
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