Fox Run Management L.L.C. Acquires Shares of 453 Fair Isaac Co. (NYSE:FICO)

Fox Run Management L.L.C. acquired a new stake in Fair Isaac Co. (NYSE:FICO - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 453 shares of the technology company's stock, valued at approximately $902,000.

Several other hedge funds also recently made changes to their positions in FICO. KLP Kapitalforvaltning AS acquired a new position in Fair Isaac during the fourth quarter valued at approximately $27,136,000. AXQ Capital LP acquired a new position in shares of Fair Isaac during the 4th quarter worth $850,000. Mizuho Securities USA LLC lifted its position in shares of Fair Isaac by 45.2% during the 4th quarter. Mizuho Securities USA LLC now owns 2,308 shares of the technology company's stock worth $4,595,000 after buying an additional 718 shares during the last quarter. Quantbot Technologies LP acquired a new stake in Fair Isaac in the fourth quarter valued at about $2,803,000. Finally, Wayfinding Financial LLC bought a new position in Fair Isaac in the fourth quarter valued at about $232,000. 85.75% of the stock is owned by institutional investors.

Fair Isaac Trading Down 0.8 %

Shares of FICO stock traded down $14.66 on Thursday, hitting $1,872.34. 88,845 shares of the stock were exchanged, compared to its average volume of 171,805. The firm's 50 day moving average is $1,831.78 and its two-hundred day moving average is $1,989.83. Fair Isaac Co. has a one year low of $1,105.65 and a one year high of $2,402.52. The firm has a market capitalization of $45.72 billion, a PE ratio of 85.93, a P/E/G ratio of 3.27 and a beta of 1.41.

Fair Isaac (NYSE:FICO - Get Free Report) last issued its 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%. On average, sell-side analysts expect that Fair Isaac Co. will post 24.15 earnings per share for the current year.

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Wall Street Analysts Forecast Growth

A number of research firms have recently commented on FICO. Royal Bank of Canada raised shares of Fair Isaac from a "sector perform" rating to an "outperform" rating and increased their target price for the stock from $2,040.00 to $2,170.00 in a report on Wednesday, February 26th. JPMorgan Chase & Co. began coverage on shares of Fair Isaac in a research note on Friday, December 20th. They set a "neutral" rating and a $2,150.00 target price on the stock. Robert W. Baird cut their price objective on Fair Isaac from $1,975.00 to $1,775.00 and set a "neutral" rating on the stock in a report on Wednesday, February 5th. UBS Group dropped 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 report on Monday, January 27th. Finally, The Goldman Sachs Group upped their price objective on 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. Four investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $2,088.15.

Insider Buying and Selling at Fair Isaac

In related news, CFO Steven P. Weber sold 139 shares of the firm's stock in a transaction that occurred on Thursday, January 9th. The stock was sold at an average price of $1,964.42, for a total transaction of $273,054.38. Following the transaction, 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO William J. Lansing sold 6,010 shares of the business's stock in a transaction that occurred on Tuesday, February 11th. The shares were sold at an average price of $1,804.23, for a total value of $10,843,422.30. Following the completion of the sale, the chief executive officer now owns 42,138 shares of the company's stock, valued at $76,026,643.74. The trade was a 12.48 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 10,241 shares of company stock worth $18,186,184 over the last three months. 3.46% of the stock is owned by insiders.

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.