Schwab Charles Investment Management Inc. increased its position in shares of Fair Isaac Corporation (NYSE:FICO) by 0.3% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 249,287 shares of the technology company’s stock after buying an additional 827 shares during the quarter. Schwab Charles Investment Management Inc. owned about 0.83% of Fair Isaac worth $35,025,000 at the end of the most recent quarter.
Other hedge funds have also recently bought and sold shares of the company. GSA Capital Partners LLP acquired a new position in Fair Isaac during the 2nd quarter worth approximately $208,000. Prudential Financial Inc. raised its stake in shares of Fair Isaac by 20.0% in the second quarter. Prudential Financial Inc. now owns 318,545 shares of the technology company’s stock worth $44,408,000 after purchasing an additional 53,070 shares during the last quarter. Federated Investors Inc. PA raised its stake in shares of Fair Isaac by 24.2% in the second quarter. Federated Investors Inc. PA now owns 29,125 shares of the technology company’s stock worth $4,061,000 after purchasing an additional 5,666 shares during the last quarter. Nationwide Fund Advisors raised its stake in shares of Fair Isaac by 4.5% in the second quarter. Nationwide Fund Advisors now owns 165,327 shares of the technology company’s stock worth $23,048,000 after purchasing an additional 7,138 shares during the last quarter. Finally, Principal Financial Group Inc. raised its stake in shares of Fair Isaac by 151.4% in the second quarter. Principal Financial Group Inc. now owns 324,590 shares of the technology company’s stock worth $45,251,000 after purchasing an additional 195,488 shares during the last quarter. 90.02% of the stock is currently owned by institutional investors and hedge funds.
In related news, Director A George Battle sold 5,000 shares of the stock in a transaction that occurred on Friday, November 3rd. The stock was sold at an average price of $150.46, for a total transaction of $752,300.00. Following the completion of the sale, the director now directly owns 21,259 shares of the company’s stock, valued at $3,198,629.14. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Joanna Rees purchased 3,000 shares of the firm’s stock in a transaction that occurred on Thursday, November 9th. The shares were acquired at an average cost of $152.00 per share, with a total value of $456,000.00. Following the completion of the transaction, the director now directly owns 4,989 shares of the company’s stock, valued at approximately $758,328. The disclosure for this purchase can be found here. Company insiders own 5.60% of the company’s stock.
Shares of Fair Isaac Corporation (NYSE:FICO) opened at $157.31 on Friday. The company has a market capitalization of $4,717.73, a P/E ratio of 39.62, a PEG ratio of 4.27 and a beta of 1.26. Fair Isaac Corporation has a 52 week low of $118.07 and a 52 week high of $159.00. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 1.09.
Fair Isaac (NYSE:FICO) last issued its quarterly earnings results on Wednesday, November 1st. The technology company reported $1.65 EPS for the quarter, beating the Zacks’ consensus estimate of $1.17 by $0.48. The company had revenue of $253.21 million during the quarter, compared to the consensus estimate of $249.11 million. Fair Isaac had a return on equity of 30.03% and a net margin of 13.76%. Fair Isaac’s revenue was up 7.4% on a year-over-year basis. During the same period last year, the business posted $1.28 earnings per share. equities research analysts predict that Fair Isaac Corporation will post 3.68 EPS for the current year.
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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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