Fair Isaac Co. (NYSE:FICO) Shares Purchased by Smartleaf Asset Management LLC

Smartleaf Asset Management LLC grew its stake in shares of Fair Isaac Co. (NYSE:FICO) by 34.7% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 128 shares of the technology company’s stock after acquiring an additional 33 shares during the quarter. Smartleaf Asset Management LLC’s holdings in Fair Isaac were worth $258,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in FICO. Capital Performance Advisors LLP purchased a new position in shares of Fair Isaac during the third quarter valued at approximately $25,000. True Wealth Design LLC raised its holdings in Fair Isaac by 900.0% in the 3rd quarter. True Wealth Design LLC now owns 20 shares of the technology company’s stock valued at $39,000 after acquiring an additional 18 shares during the last quarter. Berbice Capital Management LLC purchased a new position in shares of Fair Isaac during the 4th quarter worth $40,000. Meeder Asset Management Inc. boosted its holdings in shares of Fair Isaac by 37.5% during the third quarter. Meeder Asset Management Inc. now owns 22 shares of the technology company’s stock worth $43,000 after purchasing an additional 6 shares during the last quarter. Finally, Versant Capital Management Inc grew its position in shares of Fair Isaac by 500.0% in the fourth quarter. Versant Capital Management Inc now owns 24 shares of the technology company’s stock valued at $48,000 after purchasing an additional 20 shares during the period. 85.75% of the stock is owned by institutional investors and hedge funds.

Fair Isaac Price Performance

Shares of NYSE FICO opened at $1,874.14 on Thursday. Fair Isaac Co. has a 1-year low of $1,105.65 and a 1-year high of $2,402.52. The company has a market capitalization of $45.76 billion, a price-to-earnings ratio of 86.01, a PEG ratio of 3.27 and a beta of 1.39. The business has a 50-day moving average of $1,883.11 and a 200-day moving average of $1,981.04.

Fair Isaac (NYSE:FICO) last released its quarterly earnings results on Tuesday, February 4th. The technology company reported $4.15 earnings per share 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 expect that Fair Isaac Co. will post 24.15 EPS for the current fiscal year.

Analysts Set New Price Targets

Several equities analysts recently weighed in on FICO shares. UBS Group reduced their target price on Fair Isaac from $2,250.00 to $2,100.00 and set a “neutral” rating on the stock in a research report on Monday, January 27th. Needham & Company LLC reiterated a “buy” rating and set a $2,500.00 price objective on shares of Fair Isaac in a report on Wednesday, February 5th. Wells Fargo & Company lowered their target price on shares of Fair Isaac from $2,650.00 to $2,600.00 and set an “overweight” rating for the company in a report on Wednesday, February 5th. Royal Bank of Canada raised shares of Fair Isaac from a “sector perform” rating to an “outperform” rating and upped their price target for the stock from $2,040.00 to $2,170.00 in a research report on Wednesday, February 26th. Finally, Jefferies Financial Group decreased their price target on shares of Fair Isaac from $2,275.00 to $2,175.00 and set a “buy” rating on the stock in a report on Wednesday, February 5th. Four investment analysts have rated the stock with a hold rating and nine have given a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $2,088.15.

Insider Activity

In other news, CEO William J. Lansing sold 6,010 shares of Fair Isaac stock in a transaction dated 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 sale, the chief executive officer now directly owns 42,138 shares of the company’s stock, valued at approximately $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 Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Steven P. Weber sold 139 shares of the stock in a transaction dated Thursday, January 9th. The shares were sold at an average price of $1,964.42, for a total value of $273,054.38. Following the completion of the transaction, the chief financial officer now directly owns 2,478 shares of the company’s stock, valued at $4,867,832.76. This represents a 5.31 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 9,670 shares of company stock worth $18,823,773. 3.46% of the stock is currently owned by company insiders.

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.