Fair Isaac Co. (NYSE:FICO)’s share price hit a new 52-week high during mid-day trading on Monday . The company traded as high as $231.46 and last traded at $230.98, with a volume of 170754 shares. The stock had previously closed at $227.49.

A number of equities analysts recently issued reports on FICO shares. Zacks Investment Research raised Fair Isaac from a “hold” rating to a “strong-buy” rating and set a $230.00 price objective for the company in a report on Tuesday, July 31st. ValuEngine lowered Fair Isaac from a “buy” rating to a “hold” rating in a report on Monday, July 2nd. Barclays increased their price objective on Fair Isaac from $190.00 to $200.00 and gave the stock an “equal weight” rating in a report on Thursday, July 12th. Finally, Wells Fargo & Co increased their price objective on Fair Isaac from $200.00 to $250.00 and gave the stock an “outperform” rating in a report on Friday, July 27th. Two analysts have rated the stock with a hold rating, two have given a buy rating and two have assigned a strong buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus price target of $208.50.

The stock has a market capitalization of $6.73 billion, a price-to-earnings ratio of 58.73, a P/E/G ratio of 5.13 and a beta of 1.29. The company has a debt-to-equity ratio of 1.89, a current ratio of 0.84 and a quick ratio of 0.84.

Fair Isaac (NYSE:FICO) last released its earnings results on Thursday, July 26th. The technology company reported $1.51 earnings per share for the quarter, topping analysts’ consensus estimates of $1.02 by $0.49. The firm had revenue of $259.50 million during the quarter, compared to the consensus estimate of $257.49 million. Fair Isaac had a return on equity of 39.61% and a net margin of 13.12%. The firm’s revenue for the quarter was up 12.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.16 earnings per share. research analysts forecast that Fair Isaac Co. will post 4.5 EPS for the current fiscal year.

In other Fair Isaac news, insider James M. Wehmann sold 10,000 shares of the company’s stock in a transaction that occurred on Wednesday, August 22nd. The stock was sold at an average price of $220.75, for a total value of $2,207,500.00. Following the completion of the sale, the insider now directly owns 99,726 shares in the company, valued at $22,014,514.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider James M. Wehmann sold 20,000 shares of the company’s stock in a transaction that occurred on Wednesday, July 18th. The stock was sold at an average price of $205.32, for a total value of $4,106,400.00. Following the completion of the sale, the insider now owns 109,726 shares of the company’s stock, valued at $22,528,942.32. The disclosure for this sale can be found here. Insiders sold 151,760 shares of company stock valued at $31,582,268 over the last 90 days. 5.80% of the stock is currently owned by insiders.

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Acadian Asset Management LLC lifted its position in shares of Fair Isaac by 23.6% during the 2nd quarter. Acadian Asset Management LLC now owns 99,309 shares of the technology company’s stock valued at $19,200,000 after acquiring an additional 18,979 shares during the last quarter. Bank of Montreal Can lifted its position in shares of Fair Isaac by 51.0% during the 2nd quarter. Bank of Montreal Can now owns 13,301 shares of the technology company’s stock valued at $2,571,000 after acquiring an additional 4,492 shares during the last quarter. Amalgamated Bank lifted its position in shares of Fair Isaac by 67.0% during the 2nd quarter. Amalgamated Bank now owns 7,171 shares of the technology company’s stock valued at $1,386,000 after acquiring an additional 2,877 shares during the last quarter. Arizona State Retirement System lifted its position in shares of Fair Isaac by 1.6% during the 2nd quarter. Arizona State Retirement System now owns 20,717 shares of the technology company’s stock valued at $4,005,000 after acquiring an additional 334 shares during the last quarter. Finally, State of Alaska Department of Revenue acquired a new stake in shares of Fair Isaac during the 2nd quarter valued at $690,000. Hedge funds and other institutional investors own 88.36% of the company’s stock.

Fair Isaac Company Profile (NYSE:FICO)

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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