Boston Financial Mangement LLC Purchases 322 Shares of Fair Isaac Co. (NYSE:FICO)

Boston Financial Mangement LLC grew its holdings in Fair Isaac Co. (NYSE:FICO - Free Report) by 0.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 71,029 shares of the technology company's stock after purchasing an additional 322 shares during the quarter. Fair Isaac makes up approximately 4.3% of Boston Financial Mangement LLC's portfolio, making the stock its 4th largest holding. Boston Financial Mangement LLC owned 0.29% of Fair Isaac worth $141,414,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Covestor Ltd boosted its stake in shares of Fair Isaac by 30.0% during the 3rd quarter. Covestor Ltd now owns 26 shares of the technology company's stock worth $52,000 after purchasing an additional 6 shares during the last quarter. Meeder Asset Management Inc. boosted its position in Fair Isaac by 37.5% during the third quarter. Meeder Asset Management Inc. now owns 22 shares of the technology company's stock worth $43,000 after acquiring an additional 6 shares during the last quarter. Mechanics Bank Trust Department grew its stake in Fair Isaac by 5.7% in the 4th quarter. Mechanics Bank Trust Department now owns 112 shares of the technology company's stock worth $223,000 after acquiring an additional 6 shares during the period. Alpha Cubed Investments LLC grew its stake in Fair Isaac by 1.3% in the 4th quarter. Alpha Cubed Investments LLC now owns 473 shares of the technology company's stock worth $942,000 after acquiring an additional 6 shares during the period. Finally, Resonant Capital Advisors LLC raised its holdings in Fair Isaac by 2.0% in the 4th quarter. Resonant Capital Advisors LLC now owns 306 shares of the technology company's stock valued at $609,000 after acquiring an additional 6 shares during the last quarter. 85.75% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on the company. Oppenheimer lowered their price objective on 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. JPMorgan Chase & Co. started coverage on Fair Isaac in a report on Friday, December 20th. They issued a "neutral" rating and a $2,150.00 price target for the company. Jefferies Financial Group cut their price objective on shares of Fair Isaac from $2,275.00 to $2,175.00 and set a "buy" rating on the stock in a report on Wednesday, February 5th. Wells Fargo & Company lowered their target price on shares of Fair Isaac from $2,650.00 to $2,600.00 and set an "overweight" rating for the company in a report on Wednesday, February 5th. Finally, Barclays upped their price target on shares of Fair Isaac from $2,150.00 to $2,350.00 and gave the stock an "overweight" rating in a research report on Thursday, November 7th. Five analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $2,078.15.

Fair Isaac Trading Down 1.7 %

NYSE:FICO traded down $28.50 during mid-day trading on Friday, hitting $1,697.04. The company had a trading volume of 157,613 shares, compared to its average volume of 223,912. The business has a fifty day simple moving average of $1,919.33 and a 200-day simple moving average of $1,972.35. The firm has a market capitalization of $41.44 billion, a price-to-earnings ratio of 77.88, a PEG ratio of 3.33 and a beta of 1.39. Fair Isaac Co. has a 1 year low of $1,105.65 and a 1 year high of $2,402.51.

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

Insider Activity at Fair Isaac

In other Fair Isaac news, CEO William J. Lansing sold 6,010 shares of Fair Isaac stock in a transaction that occurred on Tuesday, February 11th. The stock was sold at an average price of $1,804.23, for a total transaction of $10,843,422.30. Following the sale, the chief executive officer now directly owns 42,138 shares in the company, valued at $76,026,643.74. The trade was a 12.48 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP James M. Wehmann sold 3,000 shares of the stock in a transaction that occurred on Thursday, December 12th. The shares were sold at an average price of $2,195.19, for a total value of $6,585,570.00. Following the transaction, the executive vice president now owns 51,911 shares of the company's stock, valued at approximately $113,954,508.09. This trade represents a 5.46 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 13,170 shares of company stock valued at $27,132,248. Corporate insiders own 3.46% of the company's stock.

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.