Gotham Asset Management LLC Buys New Position in Fair Isaac Corporation (NYSE:FICO)

Gotham Asset Management LLC acquired a new stake in Fair Isaac Corporation (NYSE:FICO) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 7,799 shares of the technology company’s stock, valued at approximately $1,087,000.

A number of other large investors have also recently bought and sold shares of the business. UBS Asset Management Americas Inc. raised its stake in shares of Fair Isaac Corporation by 19.7% in the 1st quarter. UBS Asset Management Americas Inc. now owns 16,974 shares of the technology company’s stock valued at $2,189,000 after purchasing an additional 2,790 shares in the last quarter. SG Americas Securities LLC raised its stake in shares of Fair Isaac Corporation by 26.7% in the 1st quarter. SG Americas Securities LLC now owns 4,450 shares of the technology company’s stock valued at $574,000 after purchasing an additional 938 shares in the last quarter. OppenheimerFunds Inc. acquired a new stake in shares of Fair Isaac Corporation in the 1st quarter valued at about $292,000. Principal Financial Group Inc. raised its stake in shares of Fair Isaac Corporation by 3.2% in the 1st quarter. Principal Financial Group Inc. now owns 129,102 shares of the technology company’s stock valued at $16,648,000 after purchasing an additional 4,022 shares in the last quarter. Finally, Advantus Capital Management Inc raised its stake in shares of Fair Isaac Corporation by 5.3% in the 1st quarter. Advantus Capital Management Inc now owns 3,977 shares of the technology company’s stock valued at $513,000 after purchasing an additional 201 shares in the last quarter. 88.19% of the stock is owned by institutional investors.

In other Fair Isaac Corporation news, Director David A. Rey sold 2,660 shares of Fair Isaac Corporation stock in a transaction on Thursday, August 17th. The shares were sold at an average price of $140.47, for a total transaction of $373,650.20. Following the transaction, the director now directly owns 11,034 shares of the company’s stock, valued at approximately $1,549,945.98. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director David A. Rey sold 7,340 shares of Fair Isaac Corporation stock in a transaction on Tuesday, August 22nd. The stock was sold at an average price of $140.25, for a total transaction of $1,029,435.00. Following the transaction, the director now directly owns 15,714 shares in the company, 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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Shares of Fair Isaac Corporation (NYSE FICO) traded up 0.30% during midday trading on Friday, hitting $147.67. 5,160 shares of the company’s stock traded hands. The company has a 50 day moving average price of $142.11 and a 200 day moving average price of $138.32. Fair Isaac Corporation has a 1-year low of $109.77 and a 1-year high of $149.00. The firm has a market capitalization of $4.52 billion, a price-to-earnings ratio of 39.59 and a beta of 1.21.

Fair Isaac Corporation (NYSE:FICO) last posted its quarterly earnings results on Monday, July 31st. The technology company reported $0.78 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.90 by ($0.12). Fair Isaac Corporation had a net margin of 13.15% and a return on equity of 27.84%. The business had revenue of $231.00 million during the quarter, compared to analyst estimates of $237.07 million. During the same period in the previous year, the business posted $1.45 EPS. The business’s revenue for the quarter was down 3.3% compared to the same quarter last year. Equities analysts anticipate that Fair Isaac Corporation will post $4.93 earnings per share for the current year.

Several equities research analysts recently weighed in on the stock. Zacks Investment Research lowered shares of Fair Isaac Corporation from a “hold” rating to a “strong sell” rating in a research note on Thursday, August 3rd. BidaskClub upgraded shares of Fair Isaac Corporation from a “hold” rating to a “buy” rating in a research note on Friday, June 30th. Finally, Wells Fargo & Company increased their price objective on shares of Fair Isaac Corporation from $150.00 to $160.00 and gave the stock a “positive” rating in a research note on Tuesday, August 1st.

Fair Isaac Corporation 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.

Institutional Ownership by Quarter for Fair Isaac Corporation (NYSE:FICO)

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