217 Shares in Fair Isaac Co. (NYSE:FICO) Acquired by RPS Advisory Solutions LLC

RPS Advisory Solutions LLC purchased a new position in Fair Isaac Co. (NYSE:FICO) during the fourth quarter, Holdings Channel reports. The fund purchased 217 shares of the technology company’s stock, valued at approximately $432,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. International Assets Investment Management LLC increased its stake in shares of Fair Isaac by 189,461.6% in the third quarter. International Assets Investment Management LLC now owns 538,355 shares of the technology company’s stock worth $1,046,304,000 after buying an additional 538,071 shares during the period. AustralianSuper Pty Ltd grew its holdings in Fair Isaac by 1,270.9% in the 3rd quarter. AustralianSuper Pty Ltd now owns 73,276 shares of the technology company’s stock worth $142,413,000 after acquiring an additional 67,931 shares during the last quarter. FMR LLC increased its position in shares of Fair Isaac by 46.1% in the third quarter. FMR LLC now owns 207,026 shares of the technology company’s stock valued at $402,358,000 after acquiring an additional 65,297 shares during the period. Jennison Associates LLC raised its stake in shares of Fair Isaac by 35.1% during the third quarter. Jennison Associates LLC now owns 241,149 shares of the technology company’s stock valued at $468,677,000 after acquiring an additional 62,653 shares during the last quarter. Finally, Mizuho Securities USA LLC boosted its holdings in shares of Fair Isaac by 1,845.2% during the third quarter. Mizuho Securities USA LLC now owns 37,133 shares of the technology company’s stock worth $72,169,000 after purchasing an additional 35,224 shares during the period. Institutional investors own 85.75% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the company. Royal Bank of Canada restated a “sector perform” rating and set a $2,040.00 price target on shares of Fair Isaac in a report on Thursday, November 7th. JPMorgan Chase & Co. started coverage on Fair Isaac in a research note on Friday, December 20th. They set a “neutral” rating and a $2,150.00 target price on the stock. UBS Group decreased their target price on Fair Isaac from $2,250.00 to $2,100.00 and set a “neutral” rating for the company in a report on Monday, January 27th. The Goldman Sachs Group lifted their price target on shares of Fair Isaac from $2,374.00 to $2,661.00 and gave the company a “buy” rating in a report on Thursday, December 5th. Finally, Oppenheimer decreased their price objective on shares of Fair Isaac from $2,515.00 to $2,409.00 and set an “outperform” rating for the company in a report on Tuesday, January 7th. Five equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $2,078.15.

Insider Transactions at Fair Isaac

In other news, CEO William J. Lansing sold 6,010 shares of the company’s stock in a transaction on Tuesday, February 11th. The stock was sold at an average price of $1,804.23, for a total transaction of $10,843,422.30. Following the transaction, the chief executive officer now directly owns 42,138 shares of the company’s stock, valued at $76,026,643.74. This represents a 12.48 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP James M. Wehmann sold 3,000 shares of the stock in a transaction on Thursday, December 12th. The shares were sold at an average price of $2,195.19, for a total value of $6,585,570.00. Following the sale, the executive vice president now directly owns 51,911 shares in the company, valued at $113,954,508.09. This trade represents a 5.46 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 13,170 shares of company stock worth $27,132,248. Corporate insiders own 3.46% of the company’s stock.

Fair Isaac Stock Down 1.7 %

FICO stock opened at $1,724.97 on Friday. The business has a 50 day moving average of $1,928.65 and a 200 day moving average of $1,971.56. The firm has a market cap of $42.12 billion, a PE ratio of 79.16, a price-to-earnings-growth ratio of 3.40 and a beta of 1.39. Fair Isaac Co. has a twelve month low of $1,105.65 and a twelve month high of $2,402.51.

Fair Isaac (NYSE:FICO) last posted its quarterly earnings results on Tuesday, February 4th. The technology company reported $4.15 earnings per share (EPS) for the quarter, missing the consensus estimate of $6.21 by ($2.06). Fair Isaac had a negative return on equity of 53.40% and a net margin of 30.66%. On average, research analysts expect that Fair Isaac Co. will post 24.15 earnings per share for the current fiscal year.

Fair Isaac Profile

Fair Isaac Corporation develops analytic, software, and digital decisioning technologies and services that enable businesses to automate, enhance, and connect decisions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company operates in two segments, Scores and Software. The Software segment provides pre-configured analytic and decision management solution designed for various business needs or processes, such as account origination, customer management, customer engagement, fraud detection, financial crimes compliance, and marketing, as well as associated professional services.