Fair Isaac Corporation (NYSE:FICO) had its price target boosted by Barclays PLC from $135.00 to $140.00 in a research report sent to investors on Thursday. They currently have an equal weight rating on the technology company’s stock.

A number of other equities analysts also recently issued reports on FICO. BidaskClub downgraded shares of Fair Isaac Corporation from a buy rating to a hold rating in a report on Tuesday, August 1st. Zacks Investment Research downgraded shares of Fair Isaac Corporation from a hold rating to a strong sell rating in a report on Thursday, August 3rd. Finally, Wells Fargo & Company lifted their price objective on shares of Fair Isaac Corporation from $150.00 to $160.00 and gave the stock a positive rating in a report on Tuesday, August 1st.

Fair Isaac Corporation (NYSE:FICO) traded down $1.39 during midday trading on Thursday, reaching $151.16. The company’s stock had a trading volume of 212,035 shares, compared to its average volume of 146,585. The company has a debt-to-equity ratio of 1.09, a current ratio of 0.95 and a quick ratio of 0.81. The firm has a market cap of $4,672.63, a PE ratio of 38.43, a price-to-earnings-growth ratio of 4.30 and a beta of 1.26. Fair Isaac Corporation has a 52 week low of $109.77 and a 52 week high of $153.26.

Fair Isaac Corporation (NYSE:FICO) last posted its quarterly earnings data on Wednesday, November 1st. The technology company reported $1.65 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.17 by $0.48. The firm had revenue of $253.21 million for the quarter, compared to the consensus estimate of $249.11 million. Fair Isaac Corporation had a net margin of 13.76% and a return on equity of 30.03%. The business’s revenue for the quarter was up 7.4% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.28 EPS. research analysts predict that Fair Isaac Corporation will post 3.55 earnings per share for the current year.

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Fair Isaac Corporation declared that its Board of Directors has authorized a share buyback program on Wednesday, November 1st that authorizes the company to repurchase $250.00 million in outstanding shares. This repurchase authorization authorizes the technology company to purchase shares of its stock through open market purchases. Shares repurchase programs are often a sign that the company’s board believes its shares are undervalued.

In related news, Director David A. Rey sold 2,660 shares of the business’s stock in a transaction dated Thursday, August 17th. The stock was sold at an average price of $140.47, for a total value of $373,650.20. Following the sale, the director now directly owns 11,034 shares in the company, valued at approximately $1,549,945.98. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director David A. Rey sold 7,340 shares of the business’s stock in a transaction dated 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 sale, the director now owns 15,714 shares in the company, valued at $2,203,888.50. The disclosure for this sale can be found here. Insiders sold a total of 15,000 shares of company stock worth $2,155,385 over the last three months. 5.60% of the stock is owned by insiders.

Several institutional investors and hedge funds have recently made changes to their positions in the company. Vanguard Group Inc. increased its position in shares of Fair Isaac Corporation by 2.4% during the second quarter. Vanguard Group Inc. now owns 2,596,086 shares of the technology company’s stock valued at $361,920,000 after buying an additional 60,042 shares during the period. Atlanta Capital Management Co. L L C increased its position in shares of Fair Isaac Corporation by 4.8% in the second quarter. Atlanta Capital Management Co. L L C now owns 2,589,485 shares of the technology company’s stock worth $361,000,000 after purchasing an additional 117,514 shares during the last quarter. State Street Corp increased its position in shares of Fair Isaac Corporation by 3.7% in the second quarter. State Street Corp now owns 1,030,356 shares of the technology company’s stock worth $143,644,000 after purchasing an additional 37,156 shares during the last quarter. Koch Industries Inc. increased its position in shares of Fair Isaac Corporation by 23,947.1% in the second quarter. Koch Industries Inc. now owns 873,631 shares of the technology company’s stock worth $867,000 after purchasing an additional 869,998 shares during the last quarter. Finally, Bank of New York Mellon Corp increased its position in shares of Fair Isaac Corporation by 13.5% in the second quarter. Bank of New York Mellon Corp now owns 494,606 shares of the technology company’s stock worth $68,952,000 after purchasing an additional 58,786 shares during the last quarter. Hedge funds and other institutional investors own 88.10% of the company’s stock.

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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