Stevens Capital Management LP Takes $683,000 Position in Fair Isaac Co. (NYSE:FICO)

Stevens Capital Management LP bought a new position in shares of Fair Isaac Co. (NYSE:FICO - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 343 shares of the technology company's stock, valued at approximately $683,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. First National Bank of Omaha bought a new stake in Fair Isaac during the third quarter worth $1,576,000. National Bank of Canada FI raised its stake in shares of Fair Isaac by 51.9% during the 3rd quarter. National Bank of Canada FI now owns 19,817 shares of the technology company's stock worth $38,514,000 after purchasing an additional 6,768 shares during the period. Donoghue Forlines LLC bought a new stake in shares of Fair Isaac during the 4th quarter worth $1,935,000. BNP Paribas bought a new position in Fair Isaac during the third quarter valued at $445,000. Finally, Czech National Bank increased its position in Fair Isaac by 5.7% in the fourth quarter. Czech National Bank now owns 5,280 shares of the technology company's stock worth $10,512,000 after buying an additional 286 shares during the last quarter. Hedge funds and other institutional investors own 85.75% of the company's stock.

Analyst Ratings Changes

Several brokerages recently weighed in on FICO. Royal Bank of Canada raised Fair Isaac from a "sector perform" rating to an "outperform" rating and lifted their price objective for the stock from $2,040.00 to $2,170.00 in a report on Wednesday, February 26th. Robert W. Baird reduced their target price on shares of Fair Isaac from $1,975.00 to $1,775.00 and set a "neutral" rating for the company in a research note on Wednesday, February 5th. Wells Fargo & Company lowered their price target on shares of Fair Isaac from $2,650.00 to $2,600.00 and set an "overweight" rating on the stock in a research report on Wednesday, February 5th. Jefferies Financial Group cut their price objective on shares of Fair Isaac from $2,275.00 to $2,175.00 and set a "buy" rating for the company in a report on Wednesday, February 5th. Finally, Needham & Company LLC reiterated a "buy" rating and issued a $2,500.00 price objective on shares of Fair Isaac in a research note on Wednesday, February 5th. Four research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company's stock. Based on data from MarketBeat, Fair Isaac currently has an average rating of "Moderate Buy" and an average target price of $2,088.15.

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Insider Buying and Selling

In other news, CFO Steven P. Weber sold 139 shares of Fair Isaac stock in a transaction on Thursday, January 9th. The shares were sold at an average price of $1,964.42, for a total transaction 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. The trade was a 5.31 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO William J. Lansing sold 4,092 shares of the stock in a transaction 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 transaction, the chief executive officer now directly owns 42,138 shares in the company, valued at approximately $72,801,401.22. This represents a 8.85 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 10,241 shares of company stock worth $18,186,184. Insiders own 3.46% of the company's stock.

Fair Isaac Trading Down 0.8 %

Shares of FICO traded down $14.66 during mid-day trading on Thursday, reaching $1,872.34. 88,845 shares of the stock traded hands, compared to its average volume of 171,805. The company has a market cap of $45.72 billion, a price-to-earnings ratio of 85.93, a price-to-earnings-growth ratio of 3.27 and a beta of 1.41. 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 fifty day moving average price of $1,829.79 and a 200 day moving average price of $1,989.02.

Fair Isaac (NYSE:FICO - Get Free Report) last posted 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 anticipate that Fair Isaac Co. will post 24.15 EPS for the current 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.