Resonant Capital Advisors LLC Acquires Shares of 241 Fair Isaac Co. (NYSE:FICO)

Resonant Capital Advisors LLC acquired a new stake in Fair Isaac Co. (NYSE:FICO) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 241 shares of the technology company’s stock, valued at approximately $281,000.

Other institutional investors have also recently bought and sold shares of the company. Cornercap Investment Counsel Inc. purchased a new position in shares of Fair Isaac during the 4th quarter valued at $249,000. Patton Fund Management Inc. lifted its position in shares of Fair Isaac by 88.1% during the 4th quarter. Patton Fund Management Inc. now owns 4,620 shares of the technology company’s stock valued at $5,378,000 after buying an additional 2,164 shares during the last quarter. SG Americas Securities LLC lifted its position in shares of Fair Isaac by 289.0% during the 4th quarter. SG Americas Securities LLC now owns 2,338 shares of the technology company’s stock valued at $2,721,000 after buying an additional 1,737 shares during the last quarter. Cambridge Investment Research Advisors Inc. lifted its position in shares of Fair Isaac by 741.5% during the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 4,780 shares of the technology company’s stock valued at $4,152,000 after buying an additional 4,212 shares during the last quarter. Finally, Raymond James Financial Services Advisors Inc. lifted its position in shares of Fair Isaac by 72.0% during the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 5,445 shares of the technology company’s stock valued at $6,338,000 after buying an additional 2,280 shares during the last quarter. Institutional investors own 85.75% of the company’s stock.

Fair Isaac Stock Down 2.8 %

NYSE:FICO opened at $1,130.06 on Friday. The business’s 50-day moving average price is $1,250.01 and its two-hundred day moving average price is $1,140.79. Fair Isaac Co. has a twelve month low of $692.87 and a twelve month high of $1,349.75. The stock has a market cap of $28.08 billion, a P/E ratio of 63.17, a PEG ratio of 2.50 and a beta of 1.21.

Fair Isaac (NYSE:FICO) last released its quarterly earnings results on Thursday, January 25th. The technology company reported $3.87 earnings per share for the quarter, beating the consensus estimate of $3.76 by $0.11. Fair Isaac had a negative return on equity of 57.80% and a net margin of 29.20%. The firm had revenue of $382.06 million for the quarter, compared to analysts’ expectations of $386.55 million. On average, equities research analysts expect that Fair Isaac Co. will post 19.95 EPS for the current fiscal year.

Analyst Ratings Changes

A number of research analysts have recently commented on the company. Jefferies Financial Group upped their price target on Fair Isaac from $1,210.00 to $1,450.00 and gave the company a “buy” rating in a research report on Wednesday, January 17th. Redburn Atlantic initiated coverage on Fair Isaac in a report on Tuesday, April 16th. They set a “neutral” rating and a $1,113.00 price objective on the stock. Raymond James increased their price objective on Fair Isaac from $1,214.00 to $1,400.00 and gave the stock an “outperform” rating in a report on Friday, January 26th. Royal Bank of Canada reissued a “sector perform” rating and set a $1,350.00 price objective on shares of Fair Isaac in a report on Friday, January 26th. Finally, Needham & Company LLC increased their price objective on Fair Isaac from $1,100.00 to $1,500.00 and gave the stock a “buy” rating in a report on Friday, January 26th. One analyst has rated the stock with a sell rating, three have issued a hold rating and six have assigned a buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $1,180.45.

Insider Buying and Selling at Fair Isaac

In other Fair Isaac news, CEO William J. Lansing sold 8,000 shares of the firm’s stock in a transaction dated Tuesday, March 19th. The stock was sold at an average price of $1,225.93, for a total value of $9,807,440.00. Following the sale, the chief executive officer now owns 20,638 shares of the company’s stock, valued at approximately $25,300,743.34. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders have sold a total of 24,000 shares of company stock valued at $29,011,120 in the last 90 days. Corporate insiders own 3.54% of the company’s stock.

Fair Isaac Company 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.