Fair Isaac Co. (NASDAQ:FICO) hit a new 52-week high during mid-day trading on Friday following a better than expected earnings announcement, AnalystRatings.Net reports. The stock traded as high as $98.96 and last traded at $92.17, with a volume of 460,014 shares changing hands. The stock had previously closed at $82.34.

The company reported $0.99 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.45 by $0.54. During the same quarter last year, the company posted $0.68 EPS. The company earned $200.10 million during the quarter, compared to analyst estimates of $197.70 million. The business’s revenue for the quarter was up 5.5% compared to the same quarter last year.

A number of brokerages recently weighed in on FICO. Zacks Investment Research downgraded shares of Fair Isaac from a “buy” rating to a “hold” rating in a research report on Friday. William Blair started coverage on shares of Fair Isaac in a research report on Tuesday. They issued an “outperform” rating for the company. Finally, Barclays decreased their target price on shares of Fair Isaac from $104.00 to $95.00 and set an “overweight” rating for the company in a research report on Thursday, December 17th. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus target price of $86.33.

In other Fair Isaac news, Director Duane E. White sold 5,700 shares of the company’s stock in a transaction that occurred on Thursday, November 19th. The shares were sold at an average price of $90.27, for a total value of $514,539.00. Following the transaction, the director now owns 3,000 shares in the company, valued at approximately $270,810. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, EVP Mark R. Scadina sold 6,000 shares of the company’s stock in a transaction that occurred on Thursday, November 19th. The shares were sold at an average price of $90.00, for a total transaction of $540,000.00. Following the completion of the transaction, the executive vice president now owns 46,179 shares in the company, valued at approximately $4,156,110. The disclosure for this sale can be found here.

A number of hedge funds and institutional investors recently added to or reduced their stakes in FICO. Neuberger Berman Group LLC raised its position in Fair Isaac by 3.5% in the fourth quarter. Neuberger Berman Group LLC now owns 1,504,806 shares of the company’s stock valued at $141,723,000 after buying an additional 51,183 shares in the last quarter. California State Teachers Retirement System raised its position in shares of Fair Isaac by 1.6% in the fourth quarter. California State Teachers Retirement System now owns 57,512 shares of the company’s stock valued at $5,416,000 after buying an additional 900 shares during the period. Retirement Systems of Alabama raised its position in shares of Fair Isaac by 1.1% in the fourth quarter. Retirement Systems of Alabama now owns 39,931 shares of the company’s stock valued at $3,761,000 after buying an additional 443 shares during the period. Louisiana State Employees Retirement System acquired a new position in shares of Fair Isaac during the fourth quarter valued at approximately $810,000. Finally, Saddle Road Partners acquired a new position in shares of Fair Isaac during the fourth quarter valued at approximately $471,000.

The firm has a market cap of $2.99 billion and a P/E ratio of 36.251. The company has a 50-day moving average of $89.62 and a 200 day moving average of $89.02.

Fair Isaac Corporation (NASDAQ:FICO) is analytics Software Company. The Company provides products and services that enable businesses to automate, improve and connect decisions to enhance business performance. The Company operates in three segments, such as Applications, which include pre-configured decision management applications designed for a specific type of business problem or process; Scores, which includes the Company’s business-to-business scoring solutions and services, its myFICO solutions for consumers, and associated professional services, and Tools segment, which include software tools that clients can use to create their own custom Decision Management applications, as well as associated professional services.

12 Month Chart for NASDAQ:FICO

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