Bryce Point Capital LLC Makes New $484,000 Investment in Fair Isaac Co. (NYSE:FICO)

Bryce Point Capital LLC purchased a new stake in Fair Isaac Co. (NYSE:FICO - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 243 shares of the technology company's stock, valued at approximately $484,000.

A number of other institutional investors have also recently added to or reduced their stakes in FICO. Rakuten Securities Inc. raised its holdings in shares of Fair Isaac by 160.0% during the 4th quarter. Rakuten Securities Inc. now owns 13 shares of the technology company's stock worth $26,000 after acquiring an additional 8 shares during the period. Berbice Capital Management LLC acquired a new stake in Fair Isaac during the fourth quarter worth about $40,000. Avalon Trust Co purchased a new position in Fair Isaac during the fourth quarter worth about $40,000. OFI Invest Asset Management acquired a new position in Fair Isaac in the 4th quarter valued at about $42,000. Finally, Versant Capital Management Inc grew its stake in shares of Fair Isaac by 500.0% in the 4th quarter. Versant Capital Management Inc now owns 24 shares of the technology company's stock valued at $48,000 after buying an additional 20 shares during the period. Hedge funds and other institutional investors own 85.75% of the company's stock.

Fair Isaac Stock Down 1.0 %

NYSE FICO traded down $19.36 during trading hours on Thursday, hitting $1,828.65. 74,779 shares of the company were exchanged, compared to its average volume of 179,826. The firm has a market cap of $44.65 billion, a price-to-earnings ratio of 83.61, a PEG ratio of 3.27 and a beta of 1.37. The company has a 50 day moving average of $1,812.43 and a two-hundred day moving average of $1,982.25. Fair Isaac Co. has a 52-week low of $1,105.65 and a 52-week high of $2,402.52.

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Fair Isaac (NYSE:FICO - Get Free Report) last released its earnings results on Tuesday, February 4th. The technology company reported $4.15 earnings per share for the quarter, missing analysts' consensus estimates of $6.21 by ($2.06). Fair Isaac had a negative return on equity of 53.40% and a net margin of 30.66%. On average, equities research analysts predict that Fair Isaac Co. will post 24.15 EPS for the current year.

Insider Buying and Selling

In other Fair Isaac news, CEO William J. Lansing sold 4,092 shares of the stock in a transaction that occurred on Tuesday, March 11th. The shares were sold at an average price of $1,727.69, for a total value of $7,069,707.48. Following the transaction, the chief executive officer now directly owns 42,138 shares in the company, valued at $72,801,401.22. This represents a 8.85 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders own 3.46% of the company's stock.

Analysts Set New Price Targets

A number of research analysts recently commented on the company. Bank of America started coverage on Fair Isaac in a report on Thursday. They issued a "buy" rating and a $2,800.00 price objective on the stock. Jefferies Financial Group lowered their price target on Fair Isaac from $2,275.00 to $2,175.00 and set a "buy" rating for the company in a report on Wednesday, February 5th. Oppenheimer dropped their price target on shares of Fair Isaac from $2,515.00 to $2,409.00 and set an "outperform" rating for the company in a research report on Tuesday, January 7th. Royal Bank of Canada upgraded shares of Fair Isaac from a "sector perform" rating to an "outperform" rating and upped their price objective for the stock from $2,040.00 to $2,170.00 in a report on Wednesday, February 26th. Finally, JPMorgan Chase & Co. began coverage on shares of Fair Isaac in a report on Friday, December 20th. They issued a "neutral" rating and a $2,150.00 target price for the company. Four equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company's stock. Based on data from MarketBeat, Fair Isaac currently has a consensus rating of "Moderate Buy" and an average price target of $2,131.86.

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.