Monument Capital Management Buys 51 Shares of Fair Isaac Co. (NYSE:FICO)

Monument Capital Management raised its stake in Fair Isaac Co. (NYSE:FICO) by 14.3% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 407 shares of the technology company’s stock after acquiring an additional 51 shares during the period. Monument Capital Management’s holdings in Fair Isaac were worth $474,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of FICO. Cornercap Investment Counsel Inc. purchased a new position in shares of Fair Isaac in the 4th quarter worth $249,000. Patton Fund Management Inc. boosted its stake in shares of Fair Isaac by 88.1% during the 4th quarter. Patton Fund Management Inc. now owns 4,620 shares of the technology company’s stock worth $5,378,000 after purchasing an additional 2,164 shares during the period. SG Americas Securities LLC boosted its stake in shares of Fair Isaac by 289.0% during the 4th quarter. SG Americas Securities LLC now owns 2,338 shares of the technology company’s stock worth $2,721,000 after purchasing an additional 1,737 shares during the period. Cambridge Investment Research Advisors Inc. boosted its stake in shares of Fair Isaac by 741.5% during the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 4,780 shares of the technology company’s stock worth $4,152,000 after purchasing an additional 4,212 shares during the period. Finally, Raymond James Financial Services Advisors Inc. boosted its stake in shares of Fair Isaac by 72.0% during the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 5,445 shares of the technology company’s stock worth $6,338,000 after purchasing an additional 2,280 shares during the period. 85.75% of the stock is currently owned by institutional investors.

Fair Isaac Trading Up 1.8 %

NYSE:FICO opened at $1,150.65 on Tuesday. The company has a market cap of $28.59 billion, a PE ratio of 64.32, a P/E/G ratio of 2.50 and a beta of 1.21. Fair Isaac Co. has a twelve month low of $708.00 and a twelve month high of $1,349.75. The company’s 50 day moving average is $1,247.01 and its two-hundred day moving average is $1,144.79.

Fair Isaac (NYSE:FICO) last released its earnings results on Thursday, January 25th. The technology company reported $3.87 earnings per share for the quarter, topping the consensus estimate of $3.76 by $0.11. The company had revenue of $382.06 million for the quarter, compared to the consensus estimate of $386.55 million. Fair Isaac had a net margin of 29.20% and a negative return on equity of 57.80%. As a group, analysts expect that Fair Isaac Co. will post 19.95 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the stock. Needham & Company LLC reiterated a “buy” rating and set a $1,500.00 price objective on shares of Fair Isaac in a report on Monday. Royal Bank of Canada reiterated a “sector perform” rating and set a $1,350.00 price objective on shares of Fair Isaac in a report on Friday, January 26th. Raymond James lifted their price objective on shares of Fair Isaac from $1,214.00 to $1,400.00 and gave the company an “outperform” rating in a report on Friday, January 26th. Redburn Atlantic assumed coverage on shares of Fair Isaac in a report on Tuesday, April 16th. They set a “neutral” rating and a $1,113.00 price objective for the company. Finally, Jefferies Financial Group lifted their price objective on shares of Fair Isaac from $1,210.00 to $1,450.00 and gave the company a “buy” rating in a report on Wednesday, January 17th. One research analyst has rated the stock with a sell rating, three have given a hold rating and six have assigned a buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $1,180.45.

Insider Activity

In other news, CEO William J. Lansing sold 8,000 shares of the company’s stock in a transaction on Tuesday, March 19th. The shares were sold at an average price of $1,225.93, for a total value of $9,807,440.00. Following the sale, the chief executive officer now directly owns 20,638 shares of the company’s stock, valued at approximately $25,300,743.34. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders have sold 24,000 shares of company stock valued at $29,011,120 in the last ninety days. Insiders own 3.54% of the company’s stock.

About Fair Isaac

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.