Trading Report: Today, Profit Investment Management LLC Sold shares of Fair Isaac Corp. (FICO)

Today, Profit Investment Management LLC Sold shares of Fair Isaac Corp. (FICO)

Profit Investment Management LLC lowered its stake in shares of Fair Isaac Corp. (NYSE:FICO) by 15.6% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 17,679 shares of the company’s stock after selling 3,266 shares during the period. Fair Isaac Corp. comprises 2.2% of Profit Investment Management LLC’s portfolio, making the stock its 6th largest position. Profit Investment Management LLC’s holdings in Fair Isaac Corp. were worth $2,203,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in FICO. Miles Capital Inc. raised its stake in Fair Isaac Corp. by 1.5% in the second quarter. Miles Capital Inc. now owns 2,525 shares of the company’s stock worth $285,000 after buying an additional 37 shares during the last quarter. Profund Advisors LLC increased its position in shares of Fair Isaac Corp. by 1.3% in the second quarter. Profund Advisors LLC now owns 4,441 shares of the company’s stock worth $502,000 after buying an additional 55 shares during the period. Alambic Investment Management L.P. increased its position in shares of Fair Isaac Corp. by 1.7% in the second quarter. Alambic Investment Management L.P. now owns 5,490 shares of the company’s stock worth $620,000 after buying an additional 90 shares during the period. UBS Asset Management Americas Inc. increased its position in shares of Fair Isaac Corp. by 0.8% in the second quarter. UBS Asset Management Americas Inc. now owns 22,484 shares of the company’s stock worth $2,542,000 after buying an additional 170 shares during the period. Finally, Ameritas Investment Partners Inc. increased its position in shares of Fair Isaac Corp. by 2.5% in the second quarter. Ameritas Investment Partners Inc. now owns 7,326 shares of the company’s stock worth $828,000 after buying an additional 178 shares during the period. 89.54% of the stock is currently owned by institutional investors.

Fair Isaac Corp. (NYSE:FICO) traded down 0.45% on Monday, hitting $116.76. 143,755 shares of the company were exchanged. The stock has a 50 day moving average of $117.90 and a 200 day moving average of $119.45. Fair Isaac Corp. has a 52 week low of $80.20 and a 52 week high of $132.95. The company has a market capitalization of $3.61 billion, a price-to-earnings ratio of 34.44 and a beta of 1.17.

Fair Isaac Corp. (NYSE:FICO) last announced its earnings results on Monday, November 7th. The company reported $1.00 earnings per share for the quarter, beating analysts’ consensus estimates of $0.93 by $0.07. The business had revenue of $235.80 million for the quarter, compared to the consensus estimate of $163.56 million. Fair Isaac Corp. had a net margin of 12.42% and a return on equity of 27.14%. Fair Isaac Corp.’s quarterly revenue was up 1.3% on a year-over-year basis. During the same period last year, the firm posted $1.57 earnings per share. Analysts predict that Fair Isaac Corp. will post $3.38 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Friday, December 16th. Investors of record on Friday, December 2nd will be paid a $0.02 dividend. This represents a $0.08 dividend on an annualized basis and a yield of 0.07%. The ex-dividend date is Wednesday, November 30th. Fair Isaac Corp.’s dividend payout ratio is currently 2.36%.

A number of research analysts have recently issued reports on the stock. Zacks Investment Research downgraded shares of Fair Isaac Corp. from a “hold” rating to a “sell” rating in a research report on Wednesday, November 9th. Barclays PLC downgraded shares of Fair Isaac Corp. from an “overweight” rating to an “equal weight” rating and set a $135.00 price target on the stock. in a research report on Wednesday, September 21st. They noted that the move was a valuation call. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and three have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of $116.50.

In other Fair Isaac Corp. news, CFO Michael J. Pung sold 543 shares of the stock in a transaction that occurred on Tuesday, August 30th. The shares were sold at an average price of $127.98, for a total transaction of $69,493.14. Following the transaction, the chief financial officer now directly owns 4 shares in the company, valued at $511.92. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider William J. Lansing sold 7,000 shares of the stock in a transaction that occurred on Tuesday, September 6th. The shares were sold at an average price of $131.77, for a total transaction of $922,390.00. Following the transaction, the insider now owns 169,495 shares in the company, valued at $22,334,356.15. The disclosure for this sale can be found here. 5.20% of the stock is currently owned by corporate insiders.

About Fair Isaac Corp.

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