Tower Research Capital LLC TRC Acquires 837 Shares of Fair Isaac Co. (NYSE:FICO)

Tower Research Capital LLC TRC lifted its position in shares of Fair Isaac Co. (NYSE:FICO - Free Report) by 119.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,540 shares of the technology company's stock after purchasing an additional 837 shares during the period. Tower Research Capital LLC TRC's holdings in Fair Isaac were worth $3,066,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of FICO. Norges Bank acquired a new stake in Fair Isaac during the fourth quarter worth approximately $442,369,000. Wealthfront Advisers LLC lifted its holdings in Fair Isaac by 5,217.6% during the 4th quarter. Wealthfront Advisers LLC now owns 147,031 shares of the technology company's stock worth $292,728,000 after purchasing an additional 144,266 shares during the last quarter. Proficio Capital Partners LLC bought a new stake in Fair Isaac in the 4th quarter valued at $261,610,000. Arrowstreet Capital Limited Partnership grew its holdings in Fair Isaac by 376.1% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 161,628 shares of the technology company's stock valued at $321,790,000 after buying an additional 127,679 shares in the last quarter. Finally, Raymond James Financial Inc. bought a new position in Fair Isaac during the 4th quarter worth $199,441,000. 85.75% of the stock is owned by institutional investors.

Fair Isaac Trading Up 0.8 %

FICO traded up $16.04 during trading on Friday, reaching $1,952.85. 182,409 shares of the company's stock were exchanged, compared to its average volume of 180,133. The stock has a market capitalization of $47.68 billion, a PE ratio of 89.62, a price-to-earnings-growth ratio of 3.27 and a beta of 1.37. The firm has a fifty day moving average price of $1,829.29 and a two-hundred day moving average price of $1,979.68. Fair Isaac Co. has a one year low of $1,105.65 and a one year high of $2,402.52.

Fair Isaac (NYSE:FICO - Get Free Report) last issued its quarterly earnings data on Tuesday, February 4th. The technology company reported $4.15 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $6.21 by ($2.06). Fair Isaac had a negative return on equity of 53.40% and a net margin of 30.66%. Sell-side analysts expect that Fair Isaac Co. will post 24.15 earnings per share for the current year.

Insiders Place Their Bets

In other news, CEO William J. Lansing sold 4,092 shares of Fair Isaac 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 sale, the chief executive officer now owns 42,138 shares in the company, valued at $72,801,401.22. The trade was a 8.85 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. In the last ninety days, insiders sold 13,058 shares of company stock worth $23,119,030. Company insiders own 3.46% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on FICO. Jefferies Financial Group lowered their price target on shares of 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 dropped their price target on shares of Fair Isaac from $2,650.00 to $2,600.00 and set an "overweight" rating for the company in a research report on Wednesday, February 5th. Robert W. Baird dropped their price objective on 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. Needham & Company LLC restated a "buy" rating and issued a $2,500.00 price target on shares of Fair Isaac in a research report on Friday, April 11th. Finally, UBS Group cut 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 report on Monday, January 27th. Three analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. According to data from MarketBeat, Fair Isaac has an average rating of "Moderate Buy" and a consensus target price of $2,210.23.

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.