Saturna Capital Corp Invests $203,000 in Fair Isaac Co. (NYSE:FICO)

Saturna Capital Corp acquired a new position in shares of Fair Isaac Co. (NYSE:FICO) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 102 shares of the technology company’s stock, valued at approximately $203,000.

Other large investors also recently modified their holdings of the company. Principal Financial Group Inc. grew its position in Fair Isaac by 0.5% in the 3rd quarter. Principal Financial Group Inc. now owns 372,582 shares of the technology company’s stock valued at $724,122,000 after purchasing an additional 1,977 shares during the period. CWA Asset Management Group LLC acquired a new stake in Fair Isaac in the 3rd quarter valued at $245,000. Covestor Ltd grew its position in Fair Isaac by 30.0% in the 3rd quarter. Covestor Ltd now owns 26 shares of the technology company’s stock valued at $52,000 after purchasing an additional 6 shares during the period. Axxcess Wealth Management LLC grew its position in Fair Isaac by 26.7% in the 3rd quarter. Axxcess Wealth Management LLC now owns 494 shares of the technology company’s stock valued at $960,000 after purchasing an additional 104 shares during the period. Finally, Venturi Wealth Management LLC grew its position in Fair Isaac by 61.1% in the 3rd quarter. Venturi Wealth Management LLC now owns 211 shares of the technology company’s stock valued at $410,000 after purchasing an additional 80 shares during the period. Institutional investors and hedge funds own 85.75% of the company’s stock.

Insider Transactions at Fair Isaac

In related news, CFO Steven P. Weber sold 139 shares of Fair Isaac stock in a transaction dated 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 completion of the sale, the chief financial officer now owns 2,478 shares of the company’s stock, valued at approximately $4,867,832.76. This trade represents a 5.31 % decrease in their position. The sale was disclosed in a legal 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 dated Tuesday, February 11th. The stock was sold at an average price of $1,804.23, for a total value of $10,843,422.30. Following the completion of the sale, the chief executive officer now directly 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. Insiders have sold 6,669 shares of company stock worth $12,235,813 in the last ninety days. Company insiders own 3.46% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on FICO shares. Needham & Company LLC reissued a “buy” rating and issued a $2,500.00 price target on shares of Fair Isaac in a research report on Wednesday, February 5th. Oppenheimer reduced their price target on shares of Fair Isaac from $2,515.00 to $2,409.00 and set an “outperform” rating for the company in a research report on Tuesday, January 7th. UBS Group reduced their price target on shares of 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. Robert W. Baird dropped their price objective on Fair Isaac from $1,975.00 to $1,775.00 and set a “neutral” rating on the stock in a research note on Wednesday, February 5th. Finally, The Goldman Sachs Group raised their price objective on Fair Isaac from $2,374.00 to $2,661.00 and gave the company a “buy” rating in a research note on Thursday, December 5th. Four analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. According to data from MarketBeat, Fair Isaac has a consensus rating of “Moderate Buy” and a consensus price target of $2,088.15.

Fair Isaac Price Performance

NYSE FICO opened at $1,776.70 on Thursday. The stock has a market capitalization of $43.38 billion, a price-to-earnings ratio of 81.54, a PEG ratio of 3.27 and a beta of 1.41. Fair Isaac Co. has a one year low of $1,105.65 and a one year high of $2,402.52. The business’s fifty day moving average is $1,853.61 and its 200-day moving average is $1,981.09.

Fair Isaac (NYSE:FICO) last released its 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 expect that Fair Isaac Co. will post 24.15 EPS for the current fiscal year.

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.