215 Shares in Fair Isaac Co. (NYSE:FICO) Purchased by Impact Capital Partners LLC

Impact Capital Partners LLC purchased a new position in Fair Isaac Co. (NYSE:FICO) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 215 shares of the technology company’s stock, valued at approximately $428,000.

Several other institutional investors have also modified their holdings of FICO. Wealthfront Advisers LLC lifted its stake in shares of Fair Isaac by 5,217.6% in the fourth quarter. Wealthfront Advisers LLC now owns 147,031 shares of the technology company’s stock worth $292,728,000 after acquiring an additional 144,266 shares in the last quarter. Proficio Capital Partners LLC acquired a new stake in Fair Isaac during the fourth quarter valued at approximately $261,610,000. Raymond James Financial Inc. acquired a new stake in Fair Isaac during the fourth quarter valued at approximately $199,441,000. FMR LLC raised its stake in Fair Isaac by 46.1% during the third quarter. FMR LLC now owns 207,026 shares of the technology company’s stock valued at $402,358,000 after buying an additional 65,297 shares in the last quarter. Finally, Jennison Associates LLC raised its stake in Fair Isaac by 35.1% during the third quarter. Jennison Associates LLC now owns 241,149 shares of the technology company’s stock valued at $468,677,000 after buying an additional 62,653 shares in the last quarter. Institutional investors and hedge funds own 85.75% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have issued reports on FICO shares. Jefferies Financial Group cut their price objective on Fair Isaac from $2,275.00 to $2,175.00 and set a “buy” rating on the stock in a research note on Wednesday, February 5th. Needham & Company LLC restated a “buy” rating and set a $2,500.00 price objective on shares of Fair Isaac in a research note on Wednesday, February 5th. Oppenheimer cut their price objective 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. 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 research note on Thursday, December 5th. Finally, Royal Bank of Canada upgraded Fair Isaac from a “sector perform” rating to an “outperform” rating and increased their price target for the stock from $2,040.00 to $2,170.00 in a research report on Wednesday, February 26th. Four analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $2,088.15.

Fair Isaac Price Performance

Shares of FICO stock opened at $1,741.96 on Friday. Fair Isaac Co. has a 12-month low of $1,105.65 and a 12-month high of $2,402.52. The firm has a market capitalization of $42.54 billion, a price-to-earnings ratio of 79.94, a price-to-earnings-growth ratio of 3.27 and a beta of 1.41. The business has a 50 day simple moving average of $1,853.61 and a 200 day simple moving average of $1,981.09.

Fair Isaac (NYSE:FICO) 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%. On average, equities analysts anticipate that Fair Isaac Co. will post 24.15 EPS for the current fiscal year.

Insider Buying and Selling

In other news, CEO William J. Lansing sold 6,010 shares of the firm’s stock in a transaction on Tuesday, February 11th. The stock was sold at an average price of $1,804.23, for a total transaction of $10,843,422.30. Following the completion of the sale, the chief executive officer now directly owns 42,138 shares of the company’s stock, valued at $76,026,643.74. This trade represents a 12.48 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO Steven P. Weber sold 139 shares of the firm’s stock in a transaction on Thursday, January 9th. The stock was sold at an average price of $1,964.42, for a total value of $273,054.38. Following the sale, the chief financial officer now directly owns 2,478 shares of the company’s stock, valued at approximately $4,867,832.76. This represents a 5.31 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 10,761 shares of company stock valued at $19,305,521 in the last three months. 3.46% of the stock is currently owned by corporate insiders.

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.