Fox Run Management L.L.C. Buys Shares of 453 Fair Isaac Co. (NYSE:FICO)

Fox Run Management L.L.C. bought a new stake in Fair Isaac Co. (NYSE:FICO) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 453 shares of the technology company’s stock, valued at approximately $902,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. First National Bank of Omaha acquired a new stake in shares of Fair Isaac during the third quarter worth $1,576,000. National Bank of Canada FI lifted its position in Fair Isaac by 51.9% during the third quarter. National Bank of Canada FI now owns 19,817 shares of the technology company’s stock worth $38,514,000 after buying an additional 6,768 shares during the period. Donoghue Forlines LLC acquired a new stake in Fair Isaac in the 4th quarter worth about $1,935,000. BNP Paribas purchased a new stake in Fair Isaac in the 3rd quarter valued at about $445,000. Finally, Czech National Bank increased its stake in shares of Fair Isaac by 5.7% during the 4th quarter. Czech National Bank now owns 5,280 shares of the technology company’s stock valued at $10,512,000 after acquiring an additional 286 shares during the last quarter. 85.75% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

FICO has been the subject of a number of recent analyst reports. Needham & Company LLC restated a “buy” rating and issued a $2,500.00 target price on shares of Fair Isaac in a report on Wednesday, February 5th. Jefferies Financial Group dropped their price objective on Fair Isaac from $2,275.00 to $2,175.00 and set a “buy” rating for the company in a report on Wednesday, February 5th. Robert W. Baird reduced their target price on Fair Isaac from $1,975.00 to $1,775.00 and set a “neutral” rating on the stock in a report on Wednesday, February 5th. UBS Group lowered their price target on 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. Finally, JPMorgan Chase & Co. assumed coverage on Fair Isaac in a report on Friday, December 20th. They issued a “neutral” rating and a $2,150.00 price objective on the stock. Four investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $2,088.15.

Insider Activity at Fair Isaac

In other news, CFO Steven P. Weber sold 139 shares of the stock in a transaction that occurred on Thursday, January 9th. The stock was sold at an average price of $1,964.42, for a total transaction of $273,054.38. Following the completion of the transaction, the chief financial officer now directly owns 2,478 shares in the company, valued at approximately $4,867,832.76. This represents a 5.31 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CEO William J. Lansing sold 6,010 shares of Fair Isaac 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 owns 42,138 shares of the company’s stock, valued at approximately $76,026,643.74. This trade represents a 12.48 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 10,241 shares of company stock valued at $18,186,184. Insiders own 3.46% of the company’s stock.

Fair Isaac Stock Up 0.2 %

FICO opened at $1,857.48 on Friday. The firm’s 50 day moving average is $1,835.24 and its 200-day moving average is $1,986.57. Fair Isaac Co. has a 52-week low of $1,105.65 and a 52-week high of $2,402.52. The firm has a market capitalization of $45.36 billion, a P/E ratio of 85.24, a P/E/G ratio of 3.27 and a beta of 1.41.

Fair Isaac (NYSE:FICO) last released its quarterly earnings results on Tuesday, February 4th. The technology company reported $4.15 earnings per share (EPS) for the quarter, missing the consensus estimate of $6.21 by ($2.06). Fair Isaac had a negative return on equity of 53.40% and a net margin of 30.66%. Equities analysts expect that Fair Isaac Co. will post 24.15 earnings per share for the current fiscal year.

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.