Crossmark Global Holdings Inc. Acquires Shares of 3,527 Fair Isaac Corporation (FICO)
Crossmark Global Holdings Inc. acquired a new position in Fair Isaac Corporation (NYSE:FICO) during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 3,527 shares of the technology company’s stock, valued at approximately $496,000.
Several other institutional investors and hedge funds have also bought and sold shares of the stock. Oakbrook Investments LLC raised its stake in Fair Isaac Corporation by 1.1% during the 2nd quarter. Oakbrook Investments LLC now owns 2,275 shares of the technology company’s stock worth $317,000 after acquiring an additional 25 shares during the period. Northwestern Mutual Investment Management Company LLC boosted its position in Fair Isaac Corporation by 0.6% in the 2nd quarter. Northwestern Mutual Investment Management Company LLC now owns 5,383 shares of the technology company’s stock worth $608,000 after purchasing an additional 31 shares in the last quarter. World Asset Management Inc boosted its position in Fair Isaac Corporation by 1.7% in the 2nd quarter. World Asset Management Inc now owns 1,955 shares of the technology company’s stock worth $273,000 after purchasing an additional 33 shares in the last quarter. 1st Global Advisors Inc. boosted its position in Fair Isaac Corporation by 1.3% in the 2nd quarter. 1st Global Advisors Inc. now owns 3,069 shares of the technology company’s stock worth $428,000 after purchasing an additional 40 shares in the last quarter. Finally, Ameritas Investment Partners Inc. boosted its position in Fair Isaac Corporation by 0.5% in the 2nd quarter. Ameritas Investment Partners Inc. now owns 11,860 shares of the technology company’s stock worth $1,653,000 after purchasing an additional 58 shares in the last quarter. 88.65% of the stock is currently owned by institutional investors.
Fair Isaac Corporation (NYSE:FICO) opened at $152.70 on Monday. Fair Isaac Corporation has a 52-week low of $112.00 and a 52-week high of $155.24. The stock has a market capitalization of $4,579.51, a P/E ratio of 38.46, a PEG ratio of 4.14 and a beta of 1.26. The company has a debt-to-equity ratio of 1.09, a quick ratio of 0.95 and a current ratio of 0.95.
Fair Isaac Corporation (NYSE:FICO) last announced its earnings results on Wednesday, November 1st. The technology company reported $1.65 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.17 by $0.48. Fair Isaac Corporation had a return on equity of 30.03% and a net margin of 13.76%. The firm had revenue of $253.21 million for the quarter, compared to analyst estimates of $249.11 million. During the same quarter last year, the firm posted $1.28 EPS. The business’s revenue was up 7.4% on a year-over-year basis. analysts expect that Fair Isaac Corporation will post 3.68 earnings per share for the current fiscal year.
A number of research analysts have recently issued reports on FICO shares. BidaskClub upgraded Fair Isaac Corporation from a “hold” rating to a “buy” rating in a research report on Tuesday, October 17th. Zacks Investment Research upgraded Fair Isaac Corporation from a “hold” rating to a “buy” rating and set a $164.00 target price on the stock in a research report on Monday, October 16th. Barclays PLC increased their target price on Fair Isaac Corporation from $135.00 to $140.00 and gave the company an “equal weight” rating in a research report on Thursday, November 2nd. Finally, Wells Fargo & Company increased their target price on Fair Isaac Corporation from $150.00 to $160.00 and gave the company a “positive” rating in a research report on Tuesday, August 1st.
In other news, Director Joanna Rees acquired 3,000 shares of Fair Isaac Corporation stock in a transaction that occurred on Thursday, November 9th. The stock was purchased at an average cost of $152.00 per share, with a total value of $456,000.00. Following the purchase, the director now owns 4,989 shares in the company, valued at $758,328. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Director David A. Rey sold 7,340 shares of the stock in a transaction on Tuesday, August 22nd. The shares were sold at an average price of $140.25, for a total value of $1,029,435.00. Following the completion of the transaction, the director now directly owns 15,714 shares of the company’s stock, valued at $2,203,888.50. The disclosure for this sale can be found here. Company insiders own 5.60% of the company’s stock.
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Fair Isaac Corporation 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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