Farther Finance Advisors LLC Acquires 221 Shares of Fair Isaac Co. (NYSE:FICO)

Farther Finance Advisors LLC boosted its position in Fair Isaac Co. (NYSE:FICO - Free Report) by 86.3% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 477 shares of the technology company's stock after buying an additional 221 shares during the quarter. Farther Finance Advisors LLC's holdings in Fair Isaac were worth $950,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. First National Bank of Omaha bought a new position in Fair Isaac in the third quarter valued at approximately $1,576,000. National Bank of Canada FI grew its stake in Fair Isaac by 51.9% in the third quarter. National Bank of Canada FI now owns 19,817 shares of the technology company's stock valued at $38,514,000 after purchasing an additional 6,768 shares in the last quarter. Donoghue Forlines LLC bought a new position in Fair Isaac in the fourth quarter valued at approximately $1,935,000. BNP Paribas bought a new position in Fair Isaac in the third quarter valued at approximately $445,000. Finally, Czech National Bank boosted its stake in shares of Fair Isaac by 5.7% during the 4th quarter. Czech National Bank now owns 5,280 shares of the technology company's stock worth $10,512,000 after acquiring an additional 286 shares during the period. Institutional investors and hedge funds own 85.75% of the company's stock.

Insider Buying and Selling

In other Fair Isaac news, CFO Steven P. Weber sold 139 shares of the company's stock in a transaction dated 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 sale, the chief financial officer now owns 2,478 shares in the company, valued at approximately $4,867,832.76. The trade was a 5.31 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO William J. Lansing sold 4,092 shares of the company's stock in a transaction dated 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 completion of the sale, the chief executive officer now owns 42,138 shares in the company, valued at $72,801,401.22. This trade represents a 8.85 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 10,241 shares of company stock worth $18,186,184 in the last 90 days. Insiders own 3.46% of the company's stock.

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Fair Isaac Stock Performance

Shares of Fair Isaac stock traded up $60.86 during trading on Wednesday, reaching $1,874.47. 154,133 shares of the company's stock were exchanged, compared to its average volume of 218,063. Fair Isaac Co. has a 1-year low of $1,105.65 and a 1-year high of $2,402.51. The company has a market cap of $45.77 billion, a P/E ratio of 86.02, a PEG ratio of 3.27 and a beta of 1.41. The firm's 50-day moving average price is $1,840.28 and its 200 day moving average price is $1,985.29.

Fair Isaac (NYSE:FICO - Get Free Report) last issued its quarterly earnings data 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 research analysts predict that Fair Isaac Co. will post 24.15 EPS for the current year.

Analysts Set New Price Targets

Several research analysts have recently commented on FICO shares. Oppenheimer reduced their target price on Fair Isaac from $2,515.00 to $2,409.00 and set an "outperform" rating for the company in a research note on Tuesday, January 7th. Royal Bank of Canada upgraded Fair Isaac from a "sector perform" rating to an "outperform" rating and lifted their target price for the stock from $2,040.00 to $2,170.00 in a research note on Wednesday, February 26th. Wells Fargo & Company reduced their target price 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. Needham & Company LLC reiterated a "buy" rating and set a $2,500.00 target price on shares of Fair Isaac in a research note on Wednesday, February 5th. Finally, JPMorgan Chase & Co. started coverage on Fair Isaac in a report on Friday, December 20th. They set a "neutral" rating and a $2,150.00 price target for the company. Four equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $2,088.15.

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.