Blueprint Investment Partners LLC purchased a new stake in Fair Isaac Co. (NYSE:FICO – Free Report) during the fourth quarter, Holdings Channel.com reports. The institutional investor purchased 103 shares of the technology company’s stock, valued at approximately $205,000.
Several other institutional investors also recently bought and sold shares of FICO. Mechanics Bank Trust Department raised its position in shares of Fair Isaac by 5.7% in the fourth quarter. Mechanics Bank Trust Department now owns 112 shares of the technology company’s stock valued at $223,000 after buying an additional 6 shares during the last quarter. Alpha Cubed Investments LLC raised its holdings in Fair Isaac by 1.3% in the 4th quarter. Alpha Cubed Investments LLC now owns 473 shares of the technology company’s stock valued at $942,000 after acquiring an additional 6 shares during the last quarter. Resonant Capital Advisors LLC lifted its stake in Fair Isaac by 2.0% in the 4th quarter. Resonant Capital Advisors LLC now owns 306 shares of the technology company’s stock worth $609,000 after purchasing an additional 6 shares in the last quarter. Mather Group LLC. boosted its holdings in shares of Fair Isaac by 5.2% during the 4th quarter. Mather Group LLC. now owns 122 shares of the technology company’s stock worth $243,000 after purchasing an additional 6 shares during the last quarter. Finally, D.A. Davidson & CO. grew its position in shares of Fair Isaac by 1.0% in the fourth quarter. D.A. Davidson & CO. now owns 621 shares of the technology company’s stock valued at $1,236,000 after purchasing an additional 6 shares in the last quarter. 85.75% of the stock is currently owned by institutional investors and hedge funds.
Fair Isaac Price Performance
FICO stock opened at $1,857.48 on Monday. Fair Isaac Co. has a 12 month low of $1,105.65 and a 12 month high of $2,402.52. The company has a market cap of $45.36 billion, a price-to-earnings ratio of 85.24, a price-to-earnings-growth ratio of 3.27 and a beta of 1.41. The company has a fifty day moving average price of $1,835.24 and a 200 day moving average price of $1,988.23.
Wall Street Analyst Weigh In
Several research analysts have recently commented on the company. Oppenheimer reduced their price target on Fair Isaac from $2,515.00 to $2,409.00 and set an “outperform” rating on the stock in a report on Tuesday, January 7th. Needham & Company LLC reiterated a “buy” rating and issued a $2,500.00 target price on shares of Fair Isaac in a report on Wednesday, February 5th. Robert W. Baird cut their price target on shares of Fair Isaac from $1,975.00 to $1,775.00 and set a “neutral” rating for the company in a report on Wednesday, February 5th. The Goldman Sachs Group upped their price objective on Fair Isaac from $2,374.00 to $2,661.00 and gave the company a “buy” rating in a report on Thursday, December 5th. Finally, Royal Bank of Canada raised Fair Isaac from a “sector perform” rating to an “outperform” rating and raised their target price for the stock from $2,040.00 to $2,170.00 in a research note on Wednesday, February 26th. Four research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $2,088.15.
Read Our Latest Report on Fair Isaac
Insider Buying and Selling 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 transaction, the chief executive officer now directly owns 42,138 shares in the company, valued at $72,801,401.22. The trade was a 8.85 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Steven P. Weber sold 139 shares of the business’s stock in a transaction on 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 transaction, the chief financial officer now directly 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 ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 10,241 shares of company stock valued at $18,186,184. Insiders own 3.46% of the company’s stock.
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.
Read More
- Five stocks we like better than Fair Isaac
- The How And Why of Investing in Oil Stocks
- AbbVie Stock Boosts Portfolios With Entry Into Weight Loss Market
- 3 Warren Buffett Stocks to Buy Now
- 3 ETFs to Ride the VIX Surge During Market Volatility
- Stock Trading Terms – Stock Terms Every Investor Needs to Know
- Why Williams-Sonoma Will Hit Fresh Highs in 2025
Want to see what other hedge funds are holding FICO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Fair Isaac Co. (NYSE:FICO – Free Report).
Receive News & Ratings for Fair Isaac Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fair Isaac and related companies with MarketBeat.com's FREE daily email newsletter.