K.J. Harrison & Partners Inc Buys Shares of 1,000 Fair Isaac Co. (NYSE:FICO)

K.J. Harrison & Partners Inc purchased a new stake in shares of Fair Isaac Co. (NYSE:FICO) during the fourth quarter, Holdings Channel reports. The fund purchased 1,000 shares of the technology company’s stock, valued at approximately $1,164,000.

A number of other large investors have also recently bought and sold shares of the business. McGlone Suttner Wealth Management Inc. bought a new position in Fair Isaac during the fourth quarter valued at about $35,000. GAMMA Investing LLC bought a new position in shares of Fair Isaac in the 4th quarter valued at approximately $50,000. Headlands Technologies LLC acquired a new stake in Fair Isaac in the 3rd quarter worth approximately $42,000. Assetmark Inc. bought a new stake in Fair Isaac during the third quarter worth approximately $44,000. Finally, KB Financial Partners LLC grew its holdings in Fair Isaac by 26.2% during the third quarter. KB Financial Partners LLC now owns 53 shares of the technology company’s stock valued at $46,000 after purchasing an additional 11 shares during the last quarter. 85.75% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of research firms have weighed in on FICO. Redburn Atlantic began coverage on shares of Fair Isaac in a research report on Tuesday, April 16th. They set a “neutral” rating and a $1,113.00 target price for the company. Jefferies Financial Group upped their price target on Fair Isaac from $1,210.00 to $1,450.00 and gave the stock a “buy” rating in a report on Wednesday, January 17th. Needham & Company LLC restated a “buy” rating and issued a $1,500.00 price objective on shares of Fair Isaac in a research note on Monday, April 22nd. Barclays boosted their target price on shares of Fair Isaac from $1,234.00 to $1,500.00 and gave the stock an “overweight” rating in a research report on Friday, January 26th. Finally, Royal Bank of Canada reissued a “sector perform” rating and issued a $1,350.00 price target on shares of Fair Isaac in a report on Friday, January 26th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and six have issued a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $1,182.09.

Insider Buying and Selling at Fair Isaac

In other news, CEO William J. Lansing sold 8,000 shares of the business’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 owns 20,638 shares in the company, valued at approximately $25,300,743.34. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders have sold 24,000 shares of company stock worth $29,011,120 over the last three months. Company insiders own 3.54% of the company’s stock.

Fair Isaac Trading Down 6.9 %

NYSE FICO traded down $82.81 on Friday, reaching $1,110.85. The company’s stock had a trading volume of 440,692 shares, compared to its average volume of 148,743. The firm has a market cap of $27.60 billion, a PE ratio of 58.31, a price-to-earnings-growth ratio of 2.65 and a beta of 1.21. Fair Isaac Co. has a 52 week low of $714.63 and a 52 week high of $1,349.75. The business has a 50-day moving average price of $1,237.78 and a 200 day moving average price of $1,149.19.

Fair Isaac (NYSE:FICO) last released its quarterly earnings data on Thursday, January 25th. The technology company reported $3.87 earnings per share for the quarter, beating the consensus estimate of $3.76 by $0.11. The company had revenue of $382.06 million for the quarter, compared to analyst estimates of $386.55 million. Fair Isaac had a negative return on equity of 62.94% and a net margin of 29.99%. Analysts anticipate that Fair Isaac Co. will post 19.93 earnings per share 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.