McGlone Suttner Wealth Management Inc. Buys New Stake in Fair Isaac Co. (NYSE:FICO)

McGlone Suttner Wealth Management Inc. bought a new stake in shares of Fair Isaac Co. (NYSE:FICOFree Report) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 30 shares of the technology company’s stock, valued at approximately $35,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. SkyView Investment Advisors LLC acquired a new position in Fair Isaac during the second quarter valued at $66,000. KB Financial Partners LLC purchased a new position in Fair Isaac in the second quarter valued at $34,000. Rise Advisors LLC increased its holdings in Fair Isaac by 1,466.7% in the third quarter. Rise Advisors LLC now owns 47 shares of the technology company’s stock valued at $41,000 after buying an additional 44 shares in the last quarter. Headlands Technologies LLC purchased a new position in Fair Isaac in the third quarter valued at $42,000. Finally, Clear Street Markets LLC purchased a new position in Fair Isaac in the first quarter valued at $34,000. 85.75% of the stock is currently owned by institutional investors and hedge funds.

Fair Isaac Trading Down 0.7 %

Shares of NYSE FICO opened at $1,249.61 on Friday. Fair Isaac Co. has a 12-month low of $664.41 and a 12-month high of $1,349.75. The stock has a market cap of $31.06 billion, a PE ratio of 69.85, a P/E/G ratio of 3.60 and a beta of 1.22. The company has a 50-day moving average of $1,268.55 and a 200 day moving average of $1,108.21.

Fair Isaac (NYSE:FICOGet Free Report) last announced its quarterly earnings data on Thursday, January 25th. The technology company reported $3.87 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.76 by $0.11. The company had revenue of $382.06 million during the quarter, compared to analysts’ expectations of $386.55 million. Fair Isaac had a net margin of 29.20% and a negative return on equity of 57.80%. On average, sell-side analysts forecast that Fair Isaac Co. will post 20.01 EPS for the current fiscal year.

Insider Buying and Selling at Fair Isaac

In other Fair Isaac news, CEO William J. Lansing sold 8,000 shares of the business’s stock in a transaction dated Tuesday, February 20th. The shares were sold at an average price of $1,259.91, for a total value of $10,079,280.00. Following the transaction, the chief executive officer now directly owns 28,638 shares in the company, valued at approximately $36,081,302.58. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In other news, CFO Steven P. Weber sold 136 shares of the company’s stock in a transaction that occurred on Tuesday, January 9th. The shares were sold at an average price of $1,159.66, for a total value of $157,713.76. Following the transaction, the chief financial officer now directly owns 1,935 shares in the company, valued at approximately $2,243,942.10. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO William J. Lansing sold 8,000 shares of the company’s stock in a transaction that occurred on Tuesday, February 20th. The stock was sold at an average price of $1,259.91, for a total transaction of $10,079,280.00. Following the completion of the transaction, the chief executive officer now owns 28,638 shares in the company, valued at $36,081,302.58. The disclosure for this sale can be found here. Insiders have sold 21,264 shares of company stock worth $25,826,869 in the last ninety days. 3.54% of the stock is owned by insiders.

Analyst Ratings Changes

FICO has been the subject of a number of recent analyst reports. Barclays lifted their price objective on shares of Fair Isaac from $1,234.00 to $1,500.00 and gave the company an “overweight” rating in a report on Friday, January 26th. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $1,350.00 price objective on shares of Fair Isaac in a report on Friday, January 26th. Jefferies Financial Group lifted their price objective on shares of Fair Isaac from $1,210.00 to $1,450.00 and gave the company a “buy” rating in a report on Wednesday, January 17th. The Goldman Sachs Group boosted their target price on shares of Fair Isaac from $1,156.00 to $1,289.00 and gave the stock a “buy” rating in a research note on Monday, December 4th. Finally, 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 note on Friday, January 26th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and six have given a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $1,187.20.

Read Our Latest Analysis on Fair Isaac

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.

Featured Stories

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

Receive News & Ratings for Fair Isaac Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fair Isaac and related companies with MarketBeat.com's FREE daily email newsletter.