1832 Asset Management L.P. Has $646,000 Stake in Fair Isaac Co. (NYSE:FICO)

1832 Asset Management L.P. lowered its stake in shares of Fair Isaac Co. (NYSE:FICOFree Report) by 21.5% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 555 shares of the technology company’s stock after selling 152 shares during the period. 1832 Asset Management L.P.’s holdings in Fair Isaac were worth $646,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. McGlone Suttner Wealth Management Inc. acquired a new position in Fair Isaac during the 4th quarter valued at about $35,000. DSM Capital Partners LLC bought a new position in shares of Fair Isaac during the 4th quarter worth approximately $37,000. Headlands Technologies LLC bought a new position in shares of Fair Isaac during the 3rd quarter worth approximately $42,000. KB Financial Partners LLC lifted its position 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 worth $46,000 after buying an additional 11 shares in the last quarter. Finally, First Horizon Advisors Inc. lifted its position 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 worth $48,000 after buying an additional 9 shares in the last quarter. Institutional investors and hedge funds own 85.75% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have commented on FICO shares. Needham & Company LLC reissued a “buy” rating and set a $1,500.00 target price on shares of Fair Isaac in a research report on Monday, April 22nd. Redburn Atlantic started coverage on shares of Fair Isaac in a research report on Tuesday, April 16th. They set a “neutral” rating and a $1,113.00 target price on the stock. Finally, Raymond James lifted their target price on shares of Fair Isaac from $1,413.00 to $1,418.00 and gave the stock an “outperform” rating in a research report on Friday, April 26th. One research 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.com, the company has a consensus rating of “Moderate Buy” and an average target price of $1,274.33.

View Our Latest Stock Analysis on FICO

Fair Isaac Trading Down 0.0 %

NYSE:FICO opened at $1,309.89 on Tuesday. The stock has a market capitalization of $32.37 billion, a PE ratio of 68.76, a price-to-earnings-growth ratio of 3.53 and a beta of 1.31. The firm’s 50 day moving average is $1,260.31 and its 200 day moving average is $1,231.03. Fair Isaac Co. has a 12 month low of $764.49 and a 12 month high of $1,451.78.

Fair Isaac (NYSE:FICOGet Free Report) last posted its quarterly earnings results on Thursday, April 25th. The technology company reported $5.09 EPS for the quarter, topping analysts’ consensus estimates of $4.89 by $0.20. The company had revenue of $433.81 million for the quarter, compared to analysts’ expectations of $425.94 million. Fair Isaac had a net margin of 29.99% and a negative return on equity of 62.28%. Research analysts predict that Fair Isaac Co. will post 19.75 earnings per share for the current 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 on Tuesday, March 19th. The shares were sold at an average price of $1,225.93, for a total transaction 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In other Fair Isaac news, CEO William J. Lansing sold 8,000 shares of the business’s stock in a transaction on Tuesday, March 19th. The shares were sold at an average price of $1,225.93, for a total transaction 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Mark R. Scadina sold 423 shares of the business’s stock in a transaction on Thursday, May 23rd. The shares were sold at an average price of $1,372.12, for a total transaction of $580,406.76. Following the sale, the executive vice president now directly owns 32,229 shares in the company, valued at approximately $44,222,055.48. The disclosure for this sale can be found here. Insiders have sold 18,423 shares of company stock valued at $22,142,247 in the last 90 days. 3.54% of the stock is currently owned by company insiders.

Fair Isaac Profile

(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.

Recommended Stories

Want to see what other hedge funds are holding FICO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Fair Isaac Co. (NYSE:FICOFree Report).

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.