Fair Isaac Co. (NYSE:FICO) Shares Bought by Harvest Investment Services LLC

Harvest Investment Services LLC lifted its holdings in shares of Fair Isaac Co. (NYSE:FICO) by 1.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 490 shares of the technology company’s stock after acquiring an additional 9 shares during the period. Harvest Investment Services LLC’s holdings in Fair Isaac were worth $976,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Hsbc Holdings PLC boosted its stake in shares of Fair Isaac by 32.4% during the fourth quarter. Hsbc Holdings PLC now owns 46,767 shares of the technology company’s stock worth $93,169,000 after buying an additional 11,455 shares during the period. J. Safra Sarasin Holding AG acquired a new position in shares of Fair Isaac in the fourth quarter valued at approximately $1,029,000. State of Tennessee Department of Treasury increased its stake in Fair Isaac by 54.5% in the 4th quarter. State of Tennessee Department of Treasury now owns 6,275 shares of the technology company’s stock valued at $12,493,000 after buying an additional 2,213 shares during the period. Tower Research Capital LLC TRC lifted its stake in shares of Fair Isaac by 119.1% in the 4th quarter. Tower Research Capital LLC TRC now owns 1,540 shares of the technology company’s stock worth $3,066,000 after acquiring an additional 837 shares during the period. Finally, MetLife Investment Management LLC increased its stake in shares of Fair Isaac by 0.6% during the fourth quarter. MetLife Investment Management LLC now owns 7,322 shares of the technology company’s stock worth $14,578,000 after acquiring an additional 43 shares during the period. Hedge funds and other institutional investors own 85.75% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have commented on the company. Barclays reduced their target price on Fair Isaac from $2,350.00 to $2,250.00 and set an “overweight” rating for the company in a report on Friday, April 4th. Bank of America assumed coverage on Fair Isaac in a research report on Thursday, April 10th. They issued a “buy” rating and a $2,800.00 price target for the company. Wells Fargo & Company decreased their price objective on shares of Fair Isaac from $2,650.00 to $2,600.00 and set an “overweight” rating on the stock in a research report on Wednesday, February 5th. Royal Bank of Canada upgraded shares of Fair Isaac from a “sector perform” rating to an “outperform” rating and raised their target price for the company from $2,040.00 to $2,170.00 in a report on Wednesday, February 26th. Finally, Oppenheimer reduced their price target on shares of 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. Three investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $2,210.23.

Fair Isaac Stock Down 4.7 %

Shares of NYSE FICO opened at $1,819.03 on Tuesday. Fair Isaac Co. has a 52-week low of $1,105.65 and a 52-week high of $2,402.52. The stock has a market capitalization of $44.42 billion, a PE ratio of 83.48, a P/E/G ratio of 3.27 and a beta of 1.37. The firm has a fifty day moving average of $1,822.43 and a 200-day moving average of $1,980.91.

Fair Isaac (NYSE:FICO) last issued its earnings results 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 negative return on equity of 53.40% and a net margin of 30.66%. Equities research analysts expect that Fair Isaac Co. will post 24.15 EPS for the current fiscal year.

Insider Activity at Fair Isaac

In other news, 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 transaction of $10,843,422.30. Following the sale, the chief executive officer now directly owns 42,138 shares of the company’s stock, valued at approximately $76,026,643.74. The trade was a 12.48 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In the last ninety days, insiders have sold 13,058 shares of company stock worth $23,119,030. 3.46% of the stock is currently owned by company insiders.

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.