FICO: A Closer Look at the Numbers

FICO, a big name in tech, is getting some attention from analysts. One expert, Ashish Sabadra, thinks it's a good time to invest. He gave it a "Buy" rating and predicts the stock could reach $2, 400. Right now, it's trading at $1, 771. 87. But what's the bigger picture? Well, most analysts seem to agree with Sabadra. They also think FICO is a strong buy, with an average price target of $2, 055. 75. That's a pretty optimistic view! Let's talk numbers. FICO's latest earnings report shows they made $515. 75 million in revenue and $155. 01 million in profit. That's a nice jump from last year, when they made $453. 81 million and $135. 69 million, respectively. Now, here's something interesting. Insiders, the people who work at FICO, seem to be selling their shares. Over the past quarter, 58 insiders sold their stock. One of them, Marc Mcmorris, sold 240 shares for $434, 287. 20. That's a lot of money, but it's also a sign that insiders might not be as confident about the stock's future. So, what's the takeaway? FICO is doing well, and analysts are optimistic. But insider activity is a bit of a red flag. It's always important to look at all the angles before making any investment decisions.