Quantessence Capital LLC Takes Position in Fair Isaac Co. (NYSE:FICO)

Quantessence Capital LLC purchased a new position in Fair Isaac Co. (NYSE:FICO - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 266 shares of the technology company's stock, valued at approximately $530,000.

A number of other institutional investors have also recently bought and sold shares of the stock. Donoghue Forlines LLC acquired a new stake in shares of Fair Isaac in the fourth quarter worth $1,935,000. Czech National Bank grew its stake in Fair Isaac by 5.7% during the 4th quarter. Czech National Bank now owns 5,280 shares of the technology company's stock valued at $10,512,000 after acquiring an additional 286 shares in the last quarter. Barclays PLC increased its holdings in shares of Fair Isaac by 24.8% in the 3rd quarter. Barclays PLC now owns 60,521 shares of the technology company's stock valued at $117,624,000 after purchasing an additional 12,038 shares during the period. Brighton Jones LLC lifted its position in shares of Fair Isaac by 168.7% in the fourth quarter. Brighton Jones LLC now owns 481 shares of the technology company's stock worth $958,000 after purchasing an additional 302 shares in the last quarter. Finally, Empirical Financial Services LLC d.b.a. Empirical Wealth Management acquired a new stake in shares of Fair Isaac during the fourth quarter worth approximately $394,000. Hedge funds and other institutional investors own 85.75% of the company's stock.

Insiders Place Their Bets

In other Fair Isaac news, CEO William J. Lansing sold 6,010 shares of the firm's stock in a transaction 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 sale, the chief executive officer now directly owns 42,138 shares in the company, valued at $76,026,643.74. This trade represents a 12.48 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Insiders have sold a total of 13,058 shares of company stock valued at $23,119,030 in the last three months. Company insiders own 3.46% of the company's stock.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on FICO. Oppenheimer dropped their price objective 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. Royal Bank of Canada upgraded Fair Isaac from a "sector perform" rating to an "outperform" rating and increased their price objective for the stock from $2,040.00 to $2,170.00 in a report on Wednesday, February 26th. Jefferies Financial Group dropped their target price on Fair Isaac from $2,275.00 to $2,175.00 and set a "buy" rating on the stock in a research report on Wednesday, February 5th. Wells Fargo & Company reduced their price target on 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. Finally, Robert W. Baird dropped 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. Three investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $2,210.23.

Fair Isaac Trading Up 3.3 %

NYSE:FICO opened at $1,875.18 on Wednesday. The firm has a market capitalization of $45.79 billion, a PE ratio of 86.06, a PEG ratio of 3.27 and a beta of 1.37. Fair Isaac Co. has a 1 year low of $1,105.65 and a 1 year high of $2,402.52. The firm's fifty day simple moving average is $1,823.87 and its 200 day simple moving average is $1,980.17.

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 (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%. As a group, analysts anticipate that Fair Isaac Co. will post 24.15 EPS for the current fiscal year.

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.

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