Wealth Advisory Solutions LLC Makes New $2.11 Million Investment in Fair Isaac Corporation $FICO

Wealth Advisory Solutions LLC acquired a new stake in shares of Fair Isaac Corporation (NYSE:FICO) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 1,410 shares of the technology company’s stock, valued at approximately $2,110,000.

A number of other hedge funds also recently made changes to their positions in the company. Westside Investment Management Inc. bought a new position in Fair Isaac during the second quarter valued at approximately $26,000. ORG Partners LLC purchased a new stake in shares of Fair Isaac during the 2nd quarter worth approximately $27,000. Hilltop National Bank bought a new position in shares of Fair Isaac during the 2nd quarter valued at approximately $27,000. Ransom Advisory Ltd purchased a new position in shares of Fair Isaac in the third quarter valued at $30,000. Finally, Meeder Asset Management Inc. increased its position in Fair Isaac by 66.7% in the third quarter. Meeder Asset Management Inc. now owns 20 shares of the technology company’s stock worth $30,000 after purchasing an additional 8 shares during the last quarter. 85.75% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Fair Isaac

In related news, CEO William J. Lansing sold 2,400 shares of the firm’s stock in a transaction dated Monday, November 10th. The shares were sold at an average price of $1,732.88, for a total value of $4,158,912.00. Following the transaction, the chief executive officer owned 10,933 shares of the company’s stock, valued at $18,945,577.04. This trade represents a 18.00% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CFO Steven P. Weber sold 1,426 shares of the business’s stock in a transaction dated Wednesday, December 17th. The shares were sold at an average price of $1,810.00, for a total transaction of $2,581,060.00. Following the completion of the sale, the chief financial officer directly owned 2,804 shares of the company’s stock, valued at approximately $5,075,240. This trade represents a 33.71% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 4,347 shares of company stock worth $7,691,229. 3.46% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of equities analysts have commented on FICO shares. Weiss Ratings reissued a “hold (c+)” rating on shares of Fair Isaac in a research note on Monday, December 29th. Jefferies Financial Group dropped their price target on Fair Isaac from $2,150.00 to $2,100.00 and set a “buy” rating for the company in a research report on Thursday, November 6th. JPMorgan Chase & Co. boosted their price objective on Fair Isaac from $1,750.00 to $1,825.00 and gave the stock a “neutral” rating in a research note on Thursday, November 6th. Oppenheimer lowered Fair Isaac from an “outperform” rating to a “market perform” rating in a research note on Monday, October 13th. Finally, UBS Group lifted their target price on Fair Isaac from $1,590.00 to $1,640.00 and gave the stock a “neutral” rating in a report on Monday, September 15th. Two investment analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $2,076.77.

Fair Isaac Price Performance

Shares of NYSE FICO opened at $1,630.53 on Tuesday. Fair Isaac Corporation has a 1 year low of $1,300.00 and a 1 year high of $2,217.60. The firm has a 50-day simple moving average of $1,735.46 and a two-hundred day simple moving average of $1,620.17. The company has a market cap of $38.66 billion, a P/E ratio of 61.41, a PEG ratio of 1.81 and a beta of 1.30.

Fair Isaac (NYSE:FICO) last issued its quarterly earnings results on Thursday, October 30th. The technology company reported $7.74 earnings per share for the quarter, topping the consensus estimate of $7.36 by $0.38. Fair Isaac had a negative return on equity of 43.97% and a net margin of 32.75%.The firm had revenue of $515.75 million for the quarter, compared to the consensus estimate of $512.38 million. During the same period in the prior year, the business posted $6.54 earnings per share. The company’s revenue for the quarter was up 13.6% on a year-over-year basis. As a group, equities research analysts expect that Fair Isaac Corporation will post 24.15 EPS for the current year.

Fair Isaac Profile

Fair Isaac Corporation, commonly known as FICO, is a data analytics and software company best known for its FICO Score, a widely used credit-scoring system that helps lenders assess consumer credit risk. Founded in 1956 by Bill Fair and Earl Isaac, the company has evolved from its origins in statistical credit scoring to a broader focus on predictive analytics, decision management and artificial intelligence-driven solutions for financial services and other industries. FICO is headquartered in San Jose, California, and operates globally, serving clients across North America, Latin America, Europe, the Middle East, Africa and the Asia-Pacific region.

FICO’s product portfolio centers on analytics and decisioning technologies.