The company is trading up by 1.49% since yesterday’s close of $139.87. The stock last traded at $141.95 just above $134.77, the 50 day moving average and which is just over the 200 day moving average of $129.28. The 50 day moving average moved up $6.72 whereas the 200 day average was up by +9.45%.
Fair Isaac Corproation (NYSE:FICO) has been the object of insider selling activity recently. Michael S. Leonard, CAO and Vice President reported the sale of 1,508 shares of (FICO). The shares were purchased at an average price of $138.10. The CAO and Vice President now owns $756,512 of the stock according to the SEC filing. President and CEO William J. Lansing disclosed the sale of 4,707 shares of FICO stock. The shares were sold on April 3rd for an average price of $128.59. Lansing now owns $22,710,794 of the stock per the Form 4 SEC filing.
Michael J. Pung, EVP disclosed the sale of 11,801 shares. The shares were purchased at an average price of $130.98. Pung now owns $13,431,737 of the stock according to the SEC filing.
Fair Isaac Corporation (FICO), launched on May 15, 1987, 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 Company provides a range of 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..
These firms have also modified their investment in FICO. Capital One, National Association added to its investment by buying 979 shares an increase of 10.3%. Capital One, National Association now controls 10,465 shares worth $1,459,000. The total value of its holdings increased 19.3%. As of quarter end Capstone Asset Management Co had bought 130 shares growing its position 4.4%. The value in dollars increased from $383,000 to $432,000 a change of $49,000 for the reporting period.
Handelsbanken Fonder Ab trimmed its position by shedding 13,000 shares a decrease of 5.6% in the quarter. Handelsbanken Fonder Ab owns 220,700 shares with a value of $30,768,000. The value of the position overall is up by 2.1%. Nomura Asset Management Co Ltd bolstered its ownership by buying 134,800 shares an increase of 3,643.2% as of 03/31/2017. Nomura Asset Management Co Ltd controls 138,500 shares valued at $17,860,000. The value of the position overall is up by 3,949.9%.
Barclays downgraded the stock and raised the price target on September 21 boosting the price target from $110.00 to $135.00 and changing the rating from “Overweight” to “Equal-weight”. On September 21 the company was downgraded from “Overweight” to “Equal-weight” and a price target of $135.00 was set by analysts at Barclays.
On July 13, 2016 Dougherty & Company released its first research report on the stock giving it an initial rating of “Buy”. On March 23 the company was rated “Neutral” according to a Sidoti & Co. report down from the previous “Buy” rating.
March 18 investment analysts at Barclays maintained a stock rating of “Overweight” and moved up the price target to $110.00 from $104.00. Equity analyst William Blair added FICO to its research portfolio by announcing an initial rating of “Outperform”.
The company also announced a dividend paid on Friday the 17th of March 2017. The dividend was $0.020 per share for the quarter which comes to $0.08 on an annualized basis. This dividend amount was represent a yeild of $0.06. The ex-dividend date was set for Wednesday the 1st of March 2017.
The company currently has a P/E ratio of 35.19 and the market cap of the company is 4.38B. As of the latest earnings report the EPS was $4.02 and is estimated to be $4.96 for the current year with 30,965,000 shares outstanding. Analysts expect next quarter’s EPS to be $1.50 and the next full year EPS is anticipated to be $5.94.