Atala Financial Inc Takes $512,000 Position in Fair Isaac Co. (NYSE:FICO)

Atala Financial Inc purchased a new position in shares of Fair Isaac Co. (NYSE:FICO) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 257 shares of the technology company’s stock, valued at approximately $512,000.

A number of other institutional investors have also added to or reduced their stakes in the company. First National Bank of Omaha purchased a new stake in shares of Fair Isaac during the 3rd quarter valued at $1,576,000. National Bank of Canada FI grew 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 valued at $38,514,000 after buying an additional 6,768 shares during the period. Donoghue Forlines LLC purchased a new stake in Fair Isaac during the fourth quarter worth about $1,935,000. BNP Paribas bought a new stake in Fair Isaac in the third quarter worth about $445,000. Finally, Czech National Bank boosted its stake in Fair Isaac by 5.7% in the fourth 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 institutional investors.

Fair Isaac Stock Down 2.1 %

Shares of NYSE FICO opened at $1,741.96 on Friday. The firm has a market capitalization of $42.54 billion, a P/E ratio of 79.94, a P/E/G ratio of 3.27 and a beta of 1.41. The stock’s 50-day simple moving average is $1,853.61 and its two-hundred day simple moving average is $1,981.09. Fair Isaac Co. has a twelve month low of $1,105.65 and a twelve month high of $2,402.52.

Fair Isaac (NYSE:FICO) last posted its quarterly earnings data on Tuesday, February 4th. The technology company reported $4.15 earnings per share 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%. As a group, research analysts anticipate that Fair Isaac Co. will post 24.15 EPS for the current fiscal year.

Insider Transactions at Fair Isaac

In other news, Director Marc F. Mcmorris sold 520 shares of the stock in a transaction dated Tuesday, December 17th. The stock was sold at an average price of $2,152.57, for a total transaction of $1,119,336.40. Following the transaction, the director now directly owns 242 shares in the company, valued at approximately $520,921.94. This represents a 68.24 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO William J. Lansing sold 4,092 shares of the firm’s stock in a transaction dated Tuesday, March 11th. The shares were sold at an average price of $1,727.69, for a total value of $7,069,707.48. Following the transaction, the chief executive officer now directly owns 42,138 shares in the company, valued at approximately $72,801,401.22. This represents a 8.85 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 10,761 shares of company stock valued at $19,305,521 in the last quarter. Insiders own 3.46% of the company’s stock.

Analyst Upgrades and Downgrades

FICO has been the topic of a number of research reports. The Goldman Sachs Group lifted their price target on shares of Fair Isaac from $2,374.00 to $2,661.00 and gave the stock a “buy” rating in a report on Thursday, December 5th. Oppenheimer reduced their target price on shares of Fair Isaac from $2,515.00 to $2,409.00 and set an “outperform” rating for the company in a research note on Tuesday, January 7th. UBS Group cut their price objective on shares of Fair Isaac from $2,250.00 to $2,100.00 and set a “neutral” rating for the company in a report on Monday, January 27th. 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 on the stock in a report on Wednesday, February 5th. Finally, JPMorgan Chase & Co. initiated coverage on Fair Isaac in a report on Friday, December 20th. They issued a “neutral” rating and a $2,150.00 price target for the company. Four equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $2,088.15.

About Fair Isaac

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.