Wipfli Financial Advisors LLC Purchases New Shares in Fair Isaac Co. (NYSE:FICO)

Wipfli Financial Advisors LLC acquired a new position in Fair Isaac Co. (NYSE:FICOGet Rating) during the 3rd quarter, HoldingsChannel reports. The fund acquired 213 shares of the technology company’s stock, valued at approximately $88,000.

Several other hedge funds have also added to or reduced their stakes in FICO. Private Advisor Group LLC bought a new stake in Fair Isaac in the first quarter worth about $324,000. PNC Financial Services Group Inc. increased its stake in shares of Fair Isaac by 3.0% in the first quarter. PNC Financial Services Group Inc. now owns 1,845 shares of the technology company’s stock worth $860,000 after purchasing an additional 54 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund increased its stake in shares of Fair Isaac by 423.2% in the first quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 293 shares of the technology company’s stock worth $137,000 after purchasing an additional 237 shares in the last quarter. Great West Life Assurance Co. Can increased its stake in shares of Fair Isaac by 0.7% in the first quarter. Great West Life Assurance Co. Can now owns 20,658 shares of the technology company’s stock worth $9,998,000 after purchasing an additional 135 shares in the last quarter. Finally, Raymond James Trust N.A. increased its stake in shares of Fair Isaac by 12.4% in the first quarter. Raymond James Trust N.A. now owns 964 shares of the technology company’s stock worth $449,000 after purchasing an additional 106 shares in the last quarter. Institutional investors own 87.75% of the company’s stock.

Fair Isaac Stock Performance

Shares of FICO opened at $598.97 on Thursday. The firm has a market cap of $14.96 billion, a price-to-earnings ratio of 42.18 and a beta of 1.28. Fair Isaac Co. has a fifty-two week low of $340.48 and a fifty-two week high of $638.87. The firm has a 50 day moving average price of $585.49 and a 200-day moving average price of $493.97.

Fair Isaac (NYSE:FICOGet Rating) last announced its quarterly earnings data on Wednesday, November 9th. The technology company reported $3.56 earnings per share for the quarter, hitting analysts’ consensus estimates of $3.56. The firm had revenue of $348.75 million during the quarter, compared to analyst estimates of $355.10 million. Fair Isaac had a net margin of 27.12% and a negative return on equity of 51.08%. As a group, equities research analysts predict that Fair Isaac Co. will post 16.56 earnings per share for the current year.

Wall Street Analyst Weigh In

Several equities analysts recently commented on the stock. Needham & Company LLC boosted their price objective on shares of Fair Isaac from $600.00 to $630.00 and gave the company a “buy” rating in a research note on Thursday, November 10th. StockNews.com cut shares of Fair Isaac from a “buy” rating to a “hold” rating in a research note on Sunday, November 13th. Barclays boosted their price objective on shares of Fair Isaac from $575.00 to $700.00 and gave the company an “overweight” rating in a research note on Friday, December 2nd. The Goldman Sachs Group boosted their price objective on shares of Fair Isaac from $614.00 to $686.00 and gave the company a “buy” rating in a research note on Monday, December 12th. Finally, Robert W. Baird lowered shares of Fair Isaac from an “outperform” rating to a “neutral” rating and dropped their target price for the company from $546.00 to $475.00 in a research report on Thursday, October 6th. Two analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $647.17.

Insider Activity at Fair Isaac

In related news, CAO Michael S. Leonard sold 1,934 shares of the company’s stock in a transaction on Monday, November 14th. The shares were sold at an average price of $600.21, for a total transaction of $1,160,806.14. Following the completion of the sale, the chief accounting officer now directly owns 5,237 shares in the company, valued at approximately $3,143,299.77. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In related news, CAO Michael S. Leonard sold 1,934 shares of the company’s stock in a transaction on Monday, November 14th. The shares were sold at an average price of $600.21, for a total transaction of $1,160,806.14. Following the completion of the sale, the chief accounting officer now directly owns 5,237 shares in the company, valued at approximately $3,143,299.77. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Braden R. Kelly sold 3,000 shares of the company’s stock in a transaction on Tuesday, December 13th. The shares were sold at an average price of $630.00, for a total transaction of $1,890,000.00. Following the sale, the director now owns 9,606 shares of the company’s stock, valued at $6,051,780. The disclosure for this sale can be found here. Insiders sold 20,072 shares of company stock worth $12,180,047 in the last three months. 3.05% of the stock is owned by insiders.

Fair Isaac Company Profile

(Get Rating)

Fair Isaac Corporation develops analytic, software, and data 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. It operates through 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.

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Institutional Ownership by Quarter for Fair Isaac (NYSE:FICO)

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