Wayfinding Financial LLC Acquires Shares of 117 Fair Isaac Co. (NYSE:FICO)

Wayfinding Financial LLC acquired a new stake in Fair Isaac Co. (NYSE:FICO) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 117 shares of the technology company’s stock, valued at approximately $232,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of FICO. Principal Financial Group Inc. boosted its holdings in Fair Isaac by 0.5% during the third quarter. Principal Financial Group Inc. now owns 372,582 shares of the technology company’s stock worth $724,122,000 after buying an additional 1,977 shares during the last quarter. Thrivent Financial for Lutherans boosted its stake in Fair Isaac by 5.4% during the 3rd quarter. Thrivent Financial for Lutherans now owns 4,185 shares of the technology company’s stock worth $8,134,000 after acquiring an additional 214 shares during the last quarter. Quest Partners LLC bought a new position in Fair Isaac during the 3rd quarter worth approximately $688,000. PNC Financial Services Group Inc. boosted its position in shares of Fair Isaac by 15.1% during the third quarter. PNC Financial Services Group Inc. now owns 2,901 shares of the technology company’s stock worth $5,638,000 after purchasing an additional 381 shares in the last quarter. Finally, Advisors Asset Management Inc. boosted its position in shares of Fair Isaac by 169.0% during the third quarter. Advisors Asset Management Inc. now owns 113 shares of the technology company’s stock worth $220,000 after purchasing an additional 71 shares in the last quarter. 85.75% of the stock is owned by institutional investors.

Analyst Ratings Changes

FICO has been the topic of several recent analyst reports. Royal Bank of Canada upgraded Fair Isaac from a “sector perform” rating to an “outperform” rating and lifted their target price for the stock from $2,040.00 to $2,170.00 in a report on Wednesday, February 26th. 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. JPMorgan Chase & Co. began coverage on Fair Isaac in a report on Friday, December 20th. They set a “neutral” rating and a $2,150.00 price objective on the stock. The Goldman Sachs Group lifted their price target on shares of 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. Finally, UBS Group cut their price target on shares of 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. Four equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $2,088.15.

Fair Isaac Trading Up 0.2 %

NYSE FICO opened at $1,857.48 on Friday. The company has a market cap of $45.36 billion, a PE ratio of 85.24, a PEG ratio of 3.27 and a beta of 1.41. The stock has a 50 day moving average of $1,835.24 and a 200-day moving average of $1,984.50. Fair Isaac Co. has a 12 month low of $1,105.65 and a 12 month high of $2,402.52.

Fair Isaac (NYSE:FICO) last released its quarterly earnings data on Tuesday, February 4th. The technology company reported $4.15 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $6.21 by ($2.06). Fair Isaac had a net margin of 30.66% and a negative return on equity of 53.40%. As a group, sell-side analysts predict that Fair Isaac Co. will post 24.15 EPS for the current fiscal year.

Insider Transactions at Fair Isaac

In related news, CEO William J. Lansing sold 4,092 shares of Fair Isaac stock in a transaction that occurred on Tuesday, March 11th. The stock was sold at an average price of $1,727.69, for a total transaction of $7,069,707.48. Following the completion of the sale, the chief executive officer now directly owns 42,138 shares of the company’s stock, valued at approximately $72,801,401.22. This trade represents a 8.85 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, 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 transaction 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 $4,867,832.76. This trade represents a 5.31 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 10,241 shares of company stock worth $18,186,184. 3.46% of the stock is owned by insiders.

Fair Isaac 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.