Martingale Asset Management L P Continues to Hold Position in Fair Isaac Corporation (FICO)

Martingale Asset Management L P held its stake in shares of Fair Isaac Corporation (NYSE:FICO) during the 2nd quarter, according to its most recent filing with the SEC. The firm owned 49,312 shares of the technology company’s stock at the close of the 2nd quarter. Martingale Asset Management L P owned approximately 0.16% of Fair Isaac Corporation worth $6,875,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Thrivent Financial For Lutherans lifted its holdings in Fair Isaac Corporation by 10.2% during the first quarter. Thrivent Financial For Lutherans now owns 5,820 shares of the technology company’s stock valued at $750,000 after purchasing an additional 540 shares in the last quarter. Nomura Asset Management Co. Ltd. lifted its holdings in Fair Isaac Corporation by 3,643.2% during the first quarter. Nomura Asset Management Co. Ltd. now owns 138,500 shares of the technology company’s stock valued at $17,860,000 after purchasing an additional 134,800 shares in the last quarter. American Century Companies Inc. lifted its holdings in Fair Isaac Corporation by 5.1% during the first quarter. American Century Companies Inc. now owns 68,793 shares of the technology company’s stock valued at $8,871,000 after purchasing an additional 3,351 shares in the last quarter. OppenheimerFunds Inc. purchased a new position in Fair Isaac Corporation during the first quarter valued at approximately $292,000. Finally, Public Employees Retirement System of Ohio lifted its holdings in Fair Isaac Corporation by 0.8% during the first quarter. Public Employees Retirement System of Ohio now owns 35,783 shares of the technology company’s stock valued at $4,614,000 after purchasing an additional 277 shares in the last quarter. Institutional investors own 89.26% of the company’s stock.

Fair Isaac Corporation (NYSE FICO) opened at 140.15 on Tuesday. Fair Isaac Corporation has a one year low of $109.77 and a one year high of $147.02. The firm’s 50-day moving average is $140.37 and its 200 day moving average is $135.33. The stock has a market cap of $4.29 billion, a P/E ratio of 37.57 and a beta of 1.22.

Fair Isaac Corporation (NYSE:FICO) last issued its quarterly earnings data on Monday, July 31st. The technology company reported $0.78 EPS for the quarter, missing analysts’ consensus estimates of $0.90 by $0.12. The firm had revenue of $231 million for the quarter, compared to analyst estimates of $237.07 million. Fair Isaac Corporation had a return on equity of 27.84% and a net margin of 13.15%. Fair Isaac Corporation’s revenue for the quarter was down 3.3% compared to the same quarter last year. During the same period in the previous year, the business earned $1.45 EPS. On average, analysts anticipate that Fair Isaac Corporation will post $4.94 EPS for the current fiscal year.

Several equities analysts have weighed in on the stock. 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 target on shares of Fair Isaac Corporation from $150.00 to $160.00 and gave the company a “positive” rating in a report on Tuesday, August 1st.

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In related 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 value of $373,650.20. Following the sale, the director now owns 11,034 shares of the company’s stock, valued at approximately $1,549,945.98. The transaction was disclosed in a 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 shares were sold at an average price of $140.25, for a total transaction of $1,029,435.00. Following the completion of the sale, the director now directly owns 15,714 shares in the company, valued at approximately $2,203,888.50. The disclosure for this sale can be found here. 5.60% of the stock is owned by company insiders.

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.

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

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