Axxcess Wealth Management LLC Acquires New Position in Fair Isaac Co. (NYSE:FICO)

Axxcess Wealth Management LLC bought a new position in Fair Isaac Co. (NYSE:FICO) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 200 shares of the technology company’s stock, valued at approximately $233,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. First Horizon Advisors Inc. boosted its holdings in shares of Fair Isaac by 28.1% during the 4th quarter. First Horizon Advisors Inc. now owns 41 shares of the technology company’s stock valued at $48,000 after acquiring an additional 9 shares during the last quarter. Johnson Investment Counsel Inc. boosted its position in Fair Isaac by 0.3% in the third quarter. Johnson Investment Counsel Inc. now owns 3,412 shares of the technology company’s stock worth $2,963,000 after purchasing an additional 11 shares during the last quarter. KB Financial Partners LLC grew its stake in shares of Fair Isaac by 26.2% during the 3rd quarter. KB Financial Partners LLC now owns 53 shares of the technology company’s stock valued at $46,000 after purchasing an additional 11 shares during the period. Huntington National Bank increased its position in shares of Fair Isaac by 14.3% during the 3rd quarter. Huntington National Bank now owns 96 shares of the technology company’s stock valued at $83,000 after purchasing an additional 12 shares during the last quarter. Finally, Alcosta Capital Management Inc. lifted its stake in shares of Fair Isaac by 0.4% in the 3rd quarter. Alcosta Capital Management Inc. now owns 3,291 shares of the technology company’s stock worth $2,858,000 after purchasing an additional 12 shares during the period. Institutional investors own 85.75% of the company’s stock.

Insider Buying and Selling at Fair Isaac

In other news, CEO William J. Lansing sold 8,000 shares of the firm’s stock in a transaction dated Tuesday, March 19th. The shares were sold at an average price of $1,225.93, for a total value of $9,807,440.00. Following the completion of the sale, the chief executive officer now owns 20,638 shares in the company, valued at approximately $25,300,743.34. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Insiders have sold 24,000 shares of company stock worth $29,011,120 over the last quarter. Insiders own 3.54% of the company’s stock.

Fair Isaac Price Performance

NYSE:FICO opened at $1,286.78 on Friday. The firm has a market capitalization of $31.80 billion, a price-to-earnings ratio of 67.55, a PEG ratio of 3.21 and a beta of 1.24. The business has a 50 day simple moving average of $1,224.31 and a 200-day simple moving average of $1,167.70. Fair Isaac Co. has a 1 year low of $739.61 and a 1 year high of $1,349.75.

Analyst Upgrades and Downgrades

A number of analysts have commented on FICO shares. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $1,350.00 target price on shares of Fair Isaac in a report on Friday, January 26th. Barclays increased their target price on shares of Fair Isaac from $1,234.00 to $1,500.00 and gave the stock an “overweight” rating in a report on Friday, January 26th. Redburn Atlantic started coverage on shares of Fair Isaac in a report on Tuesday, April 16th. They set a “neutral” rating and a $1,113.00 price target on the stock. Needham & Company LLC restated a “buy” rating and set a $1,500.00 price objective on shares of Fair Isaac in a research report on Monday, April 22nd. Finally, Jefferies Financial Group increased their target price on Fair Isaac from $1,210.00 to $1,450.00 and gave the stock a “buy” rating in a research report on Wednesday, January 17th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and six have issued a buy rating to the company’s stock. According to MarketBeat, Fair Isaac presently has a consensus rating of “Moderate Buy” and an average price target of $1,224.40.

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.