Telligent Fund LP Acquires Shares of 1,500 Fair Isaac Co. (NYSE:FICO)

Telligent Fund LP bought a new position in Fair Isaac Co. (NYSE:FICO - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 1,500 shares of the technology company's stock, valued at approximately $2,986,000. Fair Isaac comprises approximately 2.8% of Telligent Fund LP's holdings, making the stock its 14th largest holding.

Several other hedge funds and other institutional investors have also recently made changes to their positions in FICO. Heritage Family Offices LLP grew its stake in Fair Isaac by 2.0% during the 3rd quarter. Heritage Family Offices LLP now owns 256 shares of the technology company's stock valued at $498,000 after acquiring an additional 5 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. boosted its holdings in shares of Fair Isaac by 5.7% during the 3rd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 111 shares of the technology company's stock worth $216,000 after purchasing an additional 6 shares during the last quarter. Moss Adams Wealth Advisors LLC grew its position in shares of Fair Isaac by 4.0% in the third quarter. Moss Adams Wealth Advisors LLC now owns 155 shares of the technology company's stock valued at $301,000 after purchasing an additional 6 shares in the last quarter. Covestor Ltd increased its holdings in shares of Fair Isaac by 30.0% in the third quarter. Covestor Ltd now owns 26 shares of the technology company's stock valued at $52,000 after purchasing an additional 6 shares during the last quarter. Finally, Meeder Asset Management Inc. boosted its stake in Fair Isaac by 37.5% during the third quarter. Meeder Asset Management Inc. now owns 22 shares of the technology company's stock worth $43,000 after buying an additional 6 shares during the last quarter. Institutional investors own 85.75% of the company's stock.

Insider Buying and Selling at Fair Isaac

In related news, Director Marc F. Mcmorris sold 520 shares of the company's stock in a transaction that occurred on Tuesday, December 17th. The stock was sold at an average price of $2,152.57, for a total value of $1,119,336.40. Following the completion of the transaction, the director now directly owns 242 shares of the company's stock, valued at $520,921.94. This represents a 68.24 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, 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 sale, 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 position. The disclosure for this sale can be found here. In the last three months, insiders have sold 10,660 shares of company stock valued at $24,410,261. Insiders own 3.46% of the company's stock.

Fair Isaac Price Performance

Shares of NYSE FICO traded up $2.32 during mid-day trading on Monday, hitting $1,861.18. The company had a trading volume of 139,591 shares, compared to its average volume of 240,094. 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 capitalization of $45.45 billion, a PE ratio of 85.34, a price-to-earnings-growth ratio of 3.61 and a beta of 1.39. The business's 50-day simple moving average is $2,018.44 and its 200 day simple moving average is $1,964.49.

Fair Isaac (NYSE:FICO - Get Free Report) last announced its quarterly earnings data 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%. On average, analysts expect that Fair Isaac Co. will post 23.91 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on FICO shares. JPMorgan Chase & Co. began coverage on Fair Isaac in a research note on Friday, December 20th. They issued a "neutral" rating and a $2,150.00 target price for the company. Needham & Company LLC reiterated a "buy" rating and issued a $2,500.00 target price on shares of Fair Isaac in a report on Wednesday, February 5th. Robert W. Baird cut their price target on shares of Fair Isaac from $1,975.00 to $1,775.00 and set a "neutral" rating for the company in a report on Wednesday, February 5th. 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 report on Thursday, December 5th. Finally, Oppenheimer decreased their price target 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. Five research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $2,078.15.

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.