Fair Isaac Co. (NYSE:FICO) Stock Position Boosted by Toronto Dominion Bank

Toronto Dominion Bank boosted its stake in Fair Isaac Co. (NYSE:FICO) by 0.3% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 15,234 shares of the technology company’s stock after buying an additional 44 shares during the period. Toronto Dominion Bank owned 0.06% of Fair Isaac worth $19,037,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. EntryPoint Capital LLC bought a new position in shares of Fair Isaac during the 1st quarter valued at about $25,000. Advisors Asset Management Inc. bought a new position in shares of Fair Isaac during the 1st quarter valued at about $26,000. OFI Invest Asset Management bought a new position in shares of Fair Isaac during the 1st quarter valued at about $31,000. McGlone Suttner Wealth Management Inc. bought a new position in shares of Fair Isaac during the 4th quarter valued at about $35,000. Finally, DSM Capital Partners LLC bought a new position in shares of Fair Isaac during the 4th quarter valued at about $37,000. Institutional investors own 85.75% of the company’s stock.

Fair Isaac Stock Up 1.8 %

FICO stock traded up $29.01 during midday trading on Friday, hitting $1,605.94. 131,700 shares of the company traded hands, compared to its average volume of 166,383. Fair Isaac Co. has a twelve month low of $810.26 and a twelve month high of $1,658.03. The business has a 50 day simple moving average of $1,456.92 and a 200-day simple moving average of $1,319.86. The stock has a market capitalization of $39.68 billion, a price-to-earnings ratio of 84.30, a price-to-earnings-growth ratio of 4.25 and a beta of 1.34.

Fair Isaac (NYSE:FICO) last announced its quarterly earnings results on Thursday, April 25th. The technology company reported $5.09 EPS for the quarter, beating the consensus estimate of $4.89 by $0.20. Fair Isaac had a negative return on equity of 62.28% and a net margin of 29.99%. The company had revenue of $433.81 million for the quarter, compared to the consensus estimate of $425.94 million. Equities research analysts forecast that Fair Isaac Co. will post 19.73 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on the stock. 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 price objective for the company. Wolfe Research began coverage on shares of Fair Isaac in a research note on Tuesday, July 9th. They set an “outperform” rating and a $1,725.00 price objective for the company. Raymond James upped their price objective on shares of Fair Isaac from $1,413.00 to $1,418.00 and gave the company an “outperform” rating in a research note on Friday, April 26th. Finally, Needham & Company LLC reaffirmed a “buy” rating and set a $1,500.00 price objective on shares of Fair Isaac in a research note on Tuesday, June 11th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and seven have issued a buy rating to the stock. According to MarketBeat, Fair Isaac has an average rating of “Moderate Buy” and a consensus price target of $1,319.40.

Insider Transactions at Fair Isaac

In other news, EVP Mark R. Scadina sold 423 shares of the firm’s stock in a transaction on Thursday, May 23rd. The shares were sold at an average price of $1,372.12, for a total value of $580,406.76. Following the sale, the executive vice president now owns 32,229 shares in the company, valued at $44,222,055.48. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. In other Fair Isaac news, EVP Mark R. Scadina sold 423 shares of Fair Isaac stock in a transaction on Thursday, May 23rd. The stock was sold at an average price of $1,372.12, for a total transaction of $580,406.76. Following the completion of the transaction, the executive vice president now directly owns 32,229 shares of the company’s stock, valued at $44,222,055.48. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Joanna Rees sold 500 shares of Fair Isaac stock in a transaction on Tuesday, May 14th. The shares were sold at an average price of $1,350.00, for a total value of $675,000.00. Following the transaction, the director now directly owns 20,618 shares of the company’s stock, valued at $27,834,300. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 16,014 shares of company stock worth $21,888,518. Insiders own 3.54% of the company’s stock.

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.