Keybank National Association OH Purchases Shares of 259 Fair Isaac Co. (NYSE:FICO)

Keybank National Association OH purchased a new stake in Fair Isaac Co. (NYSE:FICOFree Report) in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 259 shares of the technology company’s stock, valued at approximately $225,000.

A number of other hedge funds have also recently added to or reduced their stakes in FICO. Metis Global Partners LLC raised its holdings in shares of Fair Isaac by 16.8% during the 3rd quarter. Metis Global Partners LLC now owns 1,168 shares of the technology company’s stock valued at $1,014,000 after purchasing an additional 168 shares in the last quarter. Barclays PLC raised its holdings in Fair Isaac by 22.7% during the third quarter. Barclays PLC now owns 70,815 shares of the technology company’s stock valued at $61,506,000 after buying an additional 13,078 shares in the last quarter. Atria Investments Inc lifted its position in shares of Fair Isaac by 65.0% in the third quarter. Atria Investments Inc now owns 4,069 shares of the technology company’s stock worth $3,534,000 after buying an additional 1,603 shares during the last quarter. Jump Financial LLC bought a new stake in shares of Fair Isaac during the 3rd quarter worth about $917,000. Finally, Nicolet Advisory Services LLC increased its holdings in shares of Fair Isaac by 4.7% during the 3rd quarter. Nicolet Advisory Services LLC now owns 334 shares of the technology company’s stock valued at $288,000 after acquiring an additional 15 shares during the last quarter. Institutional investors and hedge funds own 85.17% of the company’s stock.

Insiders Place Their Bets

In other news, CFO Steven P. Weber sold 2,327 shares of Fair Isaac stock in a transaction dated Monday, November 13th. The shares were sold at an average price of $1,006.48, for a total transaction of $2,342,078.96. Following the sale, the chief financial officer now directly owns 1,278 shares in the company, valued at approximately $1,286,281.44. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. In related news, CFO Steven P. Weber sold 2,327 shares of the firm’s stock in a transaction that occurred on Monday, November 13th. The stock was sold at an average price of $1,006.48, for a total transaction of $2,342,078.96. Following the completion of the transaction, the chief financial officer now owns 1,278 shares in the company, valued at approximately $1,286,281.44. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Braden R. Kelly sold 3,308 shares of the company’s stock in a transaction on Thursday, November 16th. The shares were sold at an average price of $1,035.50, for a total value of $3,425,434.00. Following the completion of the sale, the director now owns 10,143 shares in the company, valued at $10,503,076.50. The disclosure for this sale can be found here. Insiders have sold 22,297 shares of company stock worth $24,495,056 over the last 90 days. Corporate insiders own 3.54% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the company. Jefferies Financial Group boosted their target price on Fair Isaac from $1,210.00 to $1,450.00 and gave the stock a “buy” rating in a report on Wednesday, January 17th. Raymond James raised their target price on shares of Fair Isaac from $1,214.00 to $1,400.00 and gave the company an “outperform” rating in a research note on Friday, January 26th. Needham & Company LLC boosted their target price on shares of Fair Isaac from $1,100.00 to $1,500.00 and gave the stock a “buy” rating in a research report on Friday, January 26th. The Goldman Sachs Group upped their price target on shares of Fair Isaac from $1,156.00 to $1,289.00 and gave the company a “buy” rating in a report on Monday, December 4th. Finally, Barclays lifted their price objective on Fair Isaac from $1,234.00 to $1,500.00 and gave the stock an “overweight” rating in a research note on Friday, January 26th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and six have issued a buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $1,187.20.

View Our Latest Stock Analysis on FICO

Fair Isaac Stock Performance

NYSE FICO opened at $1,321.50 on Friday. Fair Isaac Co. has a twelve month low of $650.00 and a twelve month high of $1,325.00. The stock has a market cap of $32.84 billion, a PE ratio of 73.87, a PEG ratio of 3.63 and a beta of 1.24. The firm has a 50-day simple moving average of $1,189.34 and a 200 day simple moving average of $1,003.70.

Fair Isaac (NYSE:FICOGet Free Report) last announced its quarterly earnings data on Wednesday, November 8th. The technology company reported $4.01 earnings per share for the quarter, missing the consensus estimate of $4.20 by ($0.19). The firm had revenue of $389.73 million for the quarter, compared to analyst estimates of $386.25 million. Fair Isaac had a negative return on equity of 57.80% and a net margin of 29.20%. Research analysts forecast that Fair Isaac Co. will post 20.01 earnings per share for the current fiscal year.

About Fair Isaac

(Free Report)

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.

Further Reading

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

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