Petra Financial Advisors Inc. Acquires Shares of 407 Fair Isaac Co. (NYSE:FICO)

Petra Financial Advisors Inc. purchased a new stake in Fair Isaac Co. (NYSE:FICO - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 407 shares of the technology company's stock, valued at approximately $810,000.

Several other large investors have also recently bought and sold shares of FICO. Meeder Asset Management Inc. boosted its stake in shares of Fair Isaac by 37.5% during the 3rd quarter. Meeder Asset Management Inc. now owns 22 shares of the technology company's stock worth $43,000 after acquiring an additional 6 shares in the last quarter. Mechanics Bank Trust Department boosted its position in Fair Isaac by 5.7% during the fourth quarter. Mechanics Bank Trust Department now owns 112 shares of the technology company's stock worth $223,000 after purchasing an additional 6 shares in the last quarter. Alpha Cubed Investments LLC grew its holdings in Fair Isaac by 1.3% in the fourth quarter. Alpha Cubed Investments LLC now owns 473 shares of the technology company's stock valued at $942,000 after purchasing an additional 6 shares during the last quarter. Resonant Capital Advisors LLC raised its stake in shares of Fair Isaac by 2.0% during the 4th quarter. Resonant Capital Advisors LLC now owns 306 shares of the technology company's stock worth $609,000 after buying an additional 6 shares during the last quarter. Finally, Mather Group LLC. raised its stake in shares of Fair Isaac by 5.2% during the 4th quarter. Mather Group LLC. now owns 122 shares of the technology company's stock worth $243,000 after buying an additional 6 shares during the last quarter. Hedge funds and other institutional investors own 85.75% of the company's stock.

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Insider Buying and Selling

In other Fair Isaac news, CEO William J. Lansing sold 4,092 shares of the stock in a transaction that occurred on 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 of the company's stock, valued at $72,801,401.22. This trade represents a 8.85 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Steven P. Weber sold 139 shares of the business's stock in a transaction 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 approximately $4,867,832.76. The trade was a 5.31 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 10,241 shares of company stock valued at $18,186,184. Company insiders own 3.46% of the company's stock.

Fair Isaac Trading Up 0.2 %

Shares of Fair Isaac stock traded up $4.02 during trading hours on Friday, reaching $1,857.48. The stock had a trading volume of 215,983 shares, compared to its average volume of 172,064. Fair Isaac Co. has a 1 year low of $1,105.65 and a 1 year high of $2,402.52. The firm has a market capitalization of $45.36 billion, a price-to-earnings ratio of 85.24, a P/E/G ratio of 3.27 and a beta of 1.41. The firm has a 50 day simple moving average of $1,836.39 and a two-hundred day simple moving average of $1,983.62.

Fair Isaac (NYSE:FICO - Get Free Report) last announced 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 net margin of 30.66% and a negative return on equity of 53.40%. Sell-side analysts forecast that Fair Isaac Co. will post 24.15 EPS for the current year.

Analyst Upgrades and Downgrades

Several research firms have weighed in on FICO. Needham & Company LLC restated a "buy" rating and set a $2,500.00 target price on shares of Fair Isaac in a report on Wednesday, February 5th. UBS Group dropped their price objective on shares of 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. Oppenheimer reduced their target price on 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. 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 target price on the stock. Finally, The Goldman Sachs Group boosted their price target on Fair Isaac from $2,374.00 to $2,661.00 and gave the stock a "buy" rating in a report on Thursday, December 5th. Four research analysts have rated the stock with a hold rating and nine have given a buy rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus 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.