CreativeOne Wealth LLC Takes Position in Fair Isaac Co. (NYSE:FICO)

CreativeOne Wealth LLC bought a new stake in shares of Fair Isaac Co. (NYSE:FICO - Free Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 221 shares of the technology company's stock, valued at approximately $440,000.

A number of other hedge funds also recently modified their holdings of the stock. Rakuten Securities Inc. increased its holdings in Fair Isaac by 160.0% in the 4th 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. Pinnacle Holdings LLC acquired a new position in Fair Isaac during the fourth quarter valued at approximately $26,000. Berbice Capital Management LLC bought a new stake in Fair Isaac during the fourth quarter worth $40,000. Avalon Trust Co acquired a new stake in shares of Fair Isaac in the 4th quarter valued at $40,000. Finally, OFI Invest Asset Management bought a new position in shares of Fair Isaac in the 4th quarter valued at $42,000. Institutional investors own 85.75% of the company's stock.

Insider Activity at Fair Isaac

In related news, CEO William J. Lansing sold 4,092 shares of the business's stock in a transaction dated Tuesday, March 11th. The stock was sold at an average price of $1,727.69, for a total transaction of $7,069,707.48. Following the completion of the transaction, the chief executive officer now directly owns 42,138 shares in the company, valued at $72,801,401.22. The trade was a 8.85 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In the last ninety days, insiders sold 13,058 shares of company stock worth $23,119,030. Corporate insiders own 3.46% of the company's stock.

Wall Street Analyst Weigh In

Several analysts recently weighed in on the company. Oppenheimer dropped 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. Jefferies Financial Group reduced their price target on shares of Fair Isaac from $2,275.00 to $2,175.00 and set a "buy" rating on the stock in a research note on Wednesday, February 5th. 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 research report on Wednesday, February 26th. UBS Group cut their target price on shares of Fair Isaac from $2,250.00 to $2,100.00 and set a "neutral" rating on the stock in a research report on Monday, January 27th. Finally, Wells Fargo & Company lowered their price target 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. Three analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. According to MarketBeat.com, Fair Isaac currently has an average rating of "Moderate Buy" and an average target price of $2,210.23.

Fair Isaac Stock Performance

NYSE FICO traded up $7.95 on Friday, hitting $1,944.76. 75,584 shares of the stock traded hands, compared to its average volume of 179,716. The firm has a market capitalization of $47.49 billion, a price-to-earnings ratio of 89.21, a PEG ratio of 3.27 and a beta of 1.37. The business's fifty day moving average is $1,829.29 and its two-hundred day moving average is $1,979.68. Fair Isaac Co. has a 12 month low of $1,105.65 and a 12 month high of $2,402.52.

Fair Isaac (NYSE:FICO - Get Free Report) last released its quarterly earnings data 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 net margin of 30.66% and a negative return on equity of 53.40%. Analysts expect that Fair Isaac Co. will post 24.15 EPS for the current fiscal year.

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.