380 Shares in Fair Isaac Co. (NYSE:FICO) Acquired by RWA Wealth Partners LLC

RWA Wealth Partners LLC purchased a new stake in Fair Isaac Co. (NYSE:FICO) during the fourth quarter, HoldingsChannel.com reports. The fund purchased 380 shares of the technology company’s stock, valued at approximately $757,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Vanguard Group Inc. raised its stake in Fair Isaac by 0.8% during the 4th quarter. Vanguard Group Inc. now owns 2,903,694 shares of the technology company’s stock worth $5,781,051,000 after acquiring an additional 22,178 shares in the last quarter. State Street Corp increased its stake in Fair Isaac by 0.5% in the 3rd quarter. State Street Corp now owns 1,045,165 shares of the technology company’s stock valued at $2,031,299,000 after buying an additional 5,472 shares during the period. JPMorgan Chase & Co. raised its holdings in Fair Isaac by 0.8% during the fourth quarter. JPMorgan Chase & Co. now owns 678,613 shares of the technology company’s stock worth $1,351,073,000 after purchasing an additional 5,371 shares in the last quarter. Geode Capital Management LLC raised its stake in shares of Fair Isaac by 1.0% during the 3rd quarter. Geode Capital Management LLC now owns 645,379 shares of the technology company’s stock worth $1,251,537,000 after buying an additional 6,510 shares in the last quarter. Finally, Principal Financial Group Inc. raised its position in Fair Isaac by 0.5% in the third quarter. Principal Financial Group Inc. now owns 372,582 shares of the technology company’s stock worth $724,122,000 after acquiring an additional 1,977 shares in the last quarter. Institutional investors and hedge funds own 85.75% of the company’s stock.

Insider Buying and Selling

In other Fair Isaac news, CEO William J. Lansing sold 6,010 shares of the firm’s stock in a transaction dated Tuesday, February 11th. The shares were sold at an average price of $1,804.23, for a total transaction of $10,843,422.30. Following the transaction, the chief executive officer now 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Steven P. Weber sold 139 shares of the company’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 transaction of $273,054.38. Following the completion of the sale, the chief financial officer now directly owns 2,478 shares of the company’s stock, valued at approximately $4,867,832.76. This represents a 5.31 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 10,241 shares of company stock valued at $18,186,184 in the last three months. 3.46% of the stock is currently owned by corporate insiders.

Fair Isaac Stock Performance

Fair Isaac stock opened at $1,844.90 on Tuesday. The company has a market cap of $45.05 billion, a P/E ratio of 84.67, a PEG ratio of 3.27 and a beta of 1.41. Fair Isaac Co. has a 1 year low of $1,105.65 and a 1 year high of $2,402.52. The firm’s 50-day moving average is $1,827.49 and its 200-day moving average is $1,991.74.

Fair Isaac (NYSE:FICO) last issued its earnings results 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, sell-side analysts predict that Fair Isaac Co. will post 24.15 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of analysts have commented on the company. Jefferies Financial Group decreased their target price on Fair Isaac from $2,275.00 to $2,175.00 and set a “buy” rating on the stock in a research report on Wednesday, February 5th. UBS Group decreased 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 report on Monday, January 27th. The Goldman Sachs Group increased their target price on shares of Fair Isaac from $2,374.00 to $2,661.00 and gave the stock a “buy” rating in a research report on Thursday, December 5th. Wells Fargo & Company reduced their price objective 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, JPMorgan Chase & Co. started coverage on Fair Isaac in a research note on Friday, December 20th. They set a “neutral” rating and a $2,150.00 target price for the company. Four investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $2,088.15.

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.