Biltmore Family Office LLC Acquires New Position in Fair Isaac Co. (NYSE:FICO)

Biltmore Family Office LLC bought a new position in Fair Isaac Co. (NYSE:FICO - Free Report) in the 4th quarter, according to its most recent disclosure with the SEC. The firm bought 185 shares of the technology company's stock, valued at approximately $368,000.

A number of other institutional investors also recently bought and sold shares of FICO. Rakuten Securities Inc. lifted its position in Fair Isaac by 160.0% during the fourth quarter. Rakuten Securities Inc. now owns 13 shares of the technology company's stock valued at $26,000 after buying an additional 8 shares during the period. Berbice Capital Management LLC bought a new position in Fair Isaac during the 4th quarter valued at approximately $40,000. Avalon Trust Co purchased a new position in Fair Isaac during the fourth quarter valued at $40,000. OFI Invest Asset Management purchased a new position in shares of Fair Isaac in the 4th quarter worth about $42,000. Finally, Versant Capital Management Inc increased its stake in Fair Isaac by 500.0% during the 4th quarter. Versant Capital Management Inc now owns 24 shares of the technology company's stock valued at $48,000 after purchasing an additional 20 shares in the last quarter. 85.75% of the stock is owned by institutional investors.

Fair Isaac Stock Up 2.3 %

FICO traded up $40.10 during trading hours on Tuesday, reaching $1,753.30. 47,783 shares of the company's stock traded hands, compared to its average volume of 178,512. The firm has a 50-day moving average price of $1,820.92 and a 200 day moving average price of $1,987.98. The firm has a market capitalization of $42.81 billion, a PE ratio of 80.67, a PEG ratio of 3.27 and a beta of 1.37. 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 quarterly earnings data on Tuesday, February 4th. The technology company reported $4.15 earnings per share (EPS) for the quarter, missing the consensus estimate of $6.21 by ($2.06). Fair Isaac had a net margin of 30.66% and a negative return on equity of 53.40%. Equities analysts predict that Fair Isaac Co. will post 24.15 EPS for the current fiscal year.

Insider Transactions at Fair Isaac

In other 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 transaction of $7,069,707.48. Following the transaction, the chief executive officer now directly owns 42,138 shares in the company, valued at approximately $72,801,401.22. This trade represents a 8.85 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Steven P. Weber sold 139 shares of the stock in a transaction on Thursday, January 9th. The shares were sold at an average price of $1,964.42, for a total value of $273,054.38. Following the sale, the chief financial officer now directly owns 2,478 shares in the company, valued at $4,867,832.76. This trade represents a 5.31 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 10,241 shares of company stock valued at $18,186,184. 3.46% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

FICO has been the topic of several recent analyst reports. Robert W. Baird dropped their price objective on Fair Isaac from $1,975.00 to $1,775.00 and set a "neutral" rating on the stock in a research report on Wednesday, February 5th. Royal Bank of Canada upgraded Fair Isaac from a "sector perform" rating to an "outperform" rating and upped their price objective for the company from $2,040.00 to $2,170.00 in a research report on Wednesday, February 26th. UBS Group dropped their price target on shares of Fair Isaac from $2,250.00 to $2,100.00 and set a "neutral" rating on the stock in a research note on Monday, January 27th. JPMorgan Chase & Co. began coverage on Fair Isaac in a research report on Friday, December 20th. They set a "neutral" rating and a $2,150.00 price objective on the stock. Finally, Needham & Company LLC restated a "buy" rating and set a $2,500.00 target price on shares of Fair Isaac in a research note on Wednesday, February 5th. Four investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $2,080.46.

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.