Avalon Trust Co Acquires New Holdings in Fair Isaac Co. (NYSE:FICO)

Avalon Trust Co acquired a new stake in shares of Fair Isaac Co. (NYSE:FICO) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 20 shares of the technology company’s stock, valued at approximately $40,000.

A number of other institutional investors have also recently bought and sold shares of FICO. Wealthfront Advisers LLC increased its position in shares of Fair Isaac by 5,217.6% during 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 shares of Fair Isaac in the 4th quarter valued at about $261,610,000. Raymond James Financial Inc. acquired a new stake in shares of Fair Isaac in the 4th quarter valued at about $199,441,000. FMR LLC raised its stake in shares of Fair Isaac by 46.1% in the 3rd quarter. FMR LLC now owns 207,026 shares of the technology company’s stock valued at $402,358,000 after purchasing an additional 65,297 shares during the period. Finally, Jennison Associates LLC raised its stake in shares of Fair Isaac by 35.1% in the 3rd quarter. Jennison Associates LLC now owns 241,149 shares of the technology company’s stock valued at $468,677,000 after purchasing an additional 62,653 shares during the period. Institutional investors and hedge funds own 85.75% of the company’s stock.

Insider Transactions at Fair Isaac

In other news, CEO William J. Lansing sold 6,010 shares of the business’s stock in a transaction that occurred 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 in the company, valued at $76,026,643.74. The trade was a 12.48 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CFO Steven P. Weber sold 139 shares of the business’s 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 value of $273,054.38. Following the sale, the chief financial officer now owns 2,478 shares of the company’s stock, valued at approximately $4,867,832.76. This represents a 5.31 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 10,761 shares of company stock worth $19,305,521 over the last quarter. Company insiders own 3.46% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have issued reports on FICO shares. UBS Group dropped their price target on Fair Isaac from $2,250.00 to $2,100.00 and set a “neutral” rating on the stock in a research note on Monday, January 27th. Needham & Company LLC reissued a “buy” rating and issued a $2,500.00 price target on shares of Fair Isaac in a research note on Wednesday, February 5th. JPMorgan Chase & Co. started coverage on Fair Isaac in a research note on Friday, December 20th. They issued a “neutral” rating and a $2,150.00 price target on the stock. Wells Fargo & Company dropped their price target on Fair Isaac from $2,650.00 to $2,600.00 and set an “overweight” rating on the stock in a research note on Wednesday, February 5th. Finally, Robert W. Baird lowered their target price on Fair Isaac from $1,975.00 to $1,775.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 5th. Four analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. According to MarketBeat, Fair Isaac presently has an average rating of “Moderate Buy” and an average price target of $2,088.15.

Fair Isaac Stock Performance

Fair Isaac stock opened at $1,802.42 on Monday. Fair Isaac Co. has a 52 week low of $1,105.65 and a 52 week high of $2,402.52. The stock has a market capitalization of $44.01 billion, a P/E ratio of 82.72, a PEG ratio of 3.27 and a beta of 1.41. The stock has a 50-day simple moving average of $1,845.26 and a 200 day simple moving average of $1,983.78.

Fair Isaac (NYSE:FICO) last posted its quarterly earnings results on Tuesday, February 4th. The technology company reported $4.15 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%. Research analysts forecast that Fair Isaac Co. will post 24.15 earnings per share for the current 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.