First National Advisers LLC Buys 938 Shares of Fair Isaac Co. (NYSE:FICO)

First National Advisers LLC grew its stake in shares of Fair Isaac Co. (NYSE:FICO - Free Report) by 199.2% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 1,409 shares of the technology company's stock after acquiring an additional 938 shares during the quarter. First National Advisers LLC's holdings in Fair Isaac were worth $2,805,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of FICO. Avalon Trust Co bought a new position in Fair Isaac in the fourth quarter valued at approximately $40,000. Natixis Advisors LLC boosted its holdings in shares of Fair Isaac by 2.7% in the 4th quarter. Natixis Advisors LLC now owns 10,649 shares of the technology company's stock valued at $21,201,000 after purchasing an additional 280 shares in the last quarter. Atala Financial Inc bought a new position in shares of Fair Isaac in the 4th quarter valued at $512,000. Impact Capital Partners LLC acquired a new position in shares of Fair Isaac during the 4th quarter worth $428,000. Finally, Commonwealth Equity Services LLC lifted its position in shares of Fair Isaac by 7.3% during the 4th quarter. Commonwealth Equity Services LLC now owns 7,322 shares of the technology company's stock worth $14,577,000 after buying an additional 495 shares during the last quarter. Institutional investors own 85.75% of the company's stock.

Fair Isaac Stock Down 1.0 %

Shares of NYSE FICO traded down $18.47 during trading on Thursday, reaching $1,854.52. The company had a trading volume of 141,506 shares, compared to its average volume of 171,619. The company's fifty day moving average price is $1,838.54 and its 200-day moving average price is $1,984.52. Fair Isaac Co. has a 12 month low of $1,105.65 and a 12 month high of $2,402.52. The stock has a market cap of $45.28 billion, a P/E ratio of 85.11, a PEG ratio of 3.27 and a beta of 1.41.

Remove Ads

Fair Isaac (NYSE:FICO - Get Free Report) last issued its quarterly 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%. As a group, equities analysts predict that Fair Isaac Co. will post 24.15 earnings per share for the current year.

Insider Activity

In related news, CFO Steven P. Weber sold 139 shares of the stock in a transaction on Thursday, January 9th. The stock was sold at an average price of $1,964.42, for a total value of $273,054.38. Following the completion of the sale, the chief financial officer now directly owns 2,478 shares of the company's stock, valued at approximately $4,867,832.76. This represents a 5.31 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO William J. Lansing sold 6,010 shares of the company's stock in a transaction dated 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 completion of the sale, the chief executive officer now directly owns 42,138 shares of the company's stock, valued at $76,026,643.74. The trade was a 12.48 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 10,241 shares of company stock worth $18,186,184 in the last quarter. 3.46% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

Several research analysts have commented on FICO shares. UBS Group lowered their target price on Fair Isaac from $2,250.00 to $2,100.00 and set a "neutral" rating for the company in a research note on Monday, January 27th. Robert W. Baird lowered their price objective on shares of Fair Isaac from $1,975.00 to $1,775.00 and set a "neutral" rating for the company in a research report on Wednesday, February 5th. The Goldman Sachs Group increased their price objective on shares of Fair Isaac from $2,374.00 to $2,661.00 and gave the company a "buy" rating in a research note on Thursday, December 5th. Oppenheimer decreased their target price on shares of Fair Isaac from $2,515.00 to $2,409.00 and set an "outperform" rating on the stock in a research note on Tuesday, January 7th. Finally, Wells Fargo & Company dropped their price target on Fair Isaac from $2,650.00 to $2,600.00 and set an "overweight" rating for the company in a research note on Wednesday, February 5th. Four analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. Based on data from MarketBeat, Fair Isaac presently has an average rating of "Moderate Buy" and a consensus price target of $2,088.15.

About Fair Isaac

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.