State of Tennessee Treasury Department maintained its stake in shares of Fair Isaac Corporation (NYSE:FICO) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 40,000 shares of the technology company’s stock at the end of the second quarter. State of Tennessee Treasury Department owned about 0.13% of Fair Isaac Corporation worth $5,576,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in FICO. BlackRock Inc. grew its holdings in Fair Isaac Corporation by 23,429.3% during the 1st quarter. BlackRock Inc. now owns 3,195,752 shares of the technology company’s stock worth $412,092,000 after acquiring an additional 3,182,170 shares in the last quarter. Principal Financial Group Inc. grew its holdings in Fair Isaac Corporation by 151.4% during the 2nd quarter. Principal Financial Group Inc. now owns 324,590 shares of the technology company’s stock worth $45,251,000 after acquiring an additional 195,488 shares in the last quarter. Neuberger Berman Group LLC grew its holdings in Fair Isaac Corporation by 10.5% during the 1st quarter. Neuberger Berman Group LLC now owns 1,974,310 shares of the technology company’s stock worth $254,587,000 after acquiring an additional 188,227 shares in the last quarter. Victory Capital Management Inc. grew its holdings in Fair Isaac Corporation by 134.5% during the 2nd quarter. Victory Capital Management Inc. now owns 310,040 shares of the technology company’s stock worth $43,223,000 after acquiring an additional 177,840 shares in the last quarter. Finally, Nomura Asset Management Co. Ltd. grew its holdings in Fair Isaac Corporation by 3,643.2% during the 1st quarter. Nomura Asset Management Co. Ltd. now owns 138,500 shares of the technology company’s stock worth $17,860,000 after acquiring an additional 134,800 shares in the last quarter. 89.26% of the stock is owned by institutional investors.

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In other Fair Isaac Corporation news, Director David A. Rey sold 2,660 shares of the business’s 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, Director Greg R. Gianforte sold 18,486 shares of the business’s stock in a transaction on Tuesday, June 13th. The shares were sold at an average price of $134.50, for a total transaction of $2,486,367.00. Following the completion of the sale, the director now directly owns 20,877 shares in the company, valued at approximately $2,807,956.50. The disclosure for this sale can be found here. Insiders sold a total of 28,486 shares of company stock worth $3,889,452 in the last three months. Insiders own 5.60% of the company’s stock.

Fair Isaac Corporation (NYSE:FICO) opened at 138.29 on Monday. The firm has a market capitalization of $4.24 billion, a price-to-earnings ratio of 37.08 and a beta of 1.22. Fair Isaac Corporation has a 12-month low of $109.77 and a 12-month high of $147.02. The stock has a 50 day moving average of $140.43 and a 200 day moving average of $135.23.

Fair Isaac Corporation (NYSE:FICO) last announced its quarterly earnings results on Monday, July 31st. The technology company reported $0.78 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.90 by $0.12. The business had revenue of $231 million during the quarter, compared to the consensus estimate of $237.07 million. Fair Isaac Corporation had a net margin of 13.15% and a return on equity of 27.84%. The company’s quarterly revenue was down 3.3% compared to the same quarter last year. During the same period last year, the firm earned $1.45 EPS. Equities research analysts anticipate that Fair Isaac Corporation will post $4.94 earnings per share for the current year.

Several brokerages have weighed in on FICO. BidaskClub lowered shares of Fair Isaac Corporation from a “hold” rating to a “sell” rating in a report on Tuesday, August 8th. Zacks Investment Research lowered 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.

About Fair Isaac Corporation

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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