Inceptionr LLC Acquires Shares of 163 Fair Isaac Co. (NYSE:FICO)

Inceptionr LLC bought a new stake in shares of Fair Isaac Co. (NYSE:FICO) in the fourth quarter, Holdings Channel reports. The firm bought 163 shares of the technology company’s stock, valued at approximately $325,000.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Capital Performance Advisors LLP bought a new stake in Fair Isaac in the third quarter worth $25,000. True Wealth Design LLC lifted its stake in shares of Fair Isaac by 900.0% in the third quarter. True Wealth Design LLC now owns 20 shares of the technology company’s stock worth $39,000 after buying an additional 18 shares during the last quarter. Berbice Capital Management LLC bought a new stake in Fair Isaac during the fourth quarter valued at about $40,000. Meeder Asset Management Inc. grew its holdings in Fair Isaac by 37.5% in the 3rd quarter. Meeder Asset Management Inc. now owns 22 shares of the technology company’s stock valued at $43,000 after buying an additional 6 shares during the last quarter. Finally, Versant Capital Management Inc grew its stake in shares of Fair Isaac by 500.0% in the fourth quarter. Versant Capital Management Inc now owns 24 shares of the technology company’s stock worth $48,000 after acquiring an additional 20 shares during the last quarter. 85.75% of the stock is currently owned by hedge funds and other institutional investors.

Fair Isaac Trading Up 1.1 %

NYSE:FICO opened at $1,835.64 on Monday. The stock has a market capitalization of $44.82 billion, a P/E ratio of 84.24, a price-to-earnings-growth 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 has a 50 day moving average of $1,869.55 and a 200-day moving average of $1,982.96.

Fair Isaac (NYSE:FICO) last issued its quarterly earnings data on Tuesday, February 4th. The technology company reported $4.15 earnings per share (EPS) for the quarter, missing the consensus estimate 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, analysts forecast that Fair Isaac Co. will post 24.15 EPS for the current fiscal year.

Insider Buying and Selling

In related news, EVP James M. Wehmann sold 3,000 shares of the business’s stock in a transaction that occurred on Thursday, December 12th. The shares were sold at an average price of $2,195.19, for a total value of $6,585,570.00. Following the completion of the transaction, the executive vice president now owns 51,911 shares in the company, valued at $113,954,508.09. The trade was a 5.46 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Marc F. Mcmorris sold 520 shares of the stock in a transaction on Tuesday, December 17th. The shares were sold at an average price of $2,152.57, for a total value of $1,119,336.40. Following the completion of the transaction, the director now owns 242 shares in the company, valued at $520,921.94. The trade was a 68.24 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 9,669 shares of company stock worth $18,821,383 in the last 90 days. Corporate insiders own 3.46% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on FICO shares. Robert W. Baird reduced their target price on shares of Fair Isaac from $1,975.00 to $1,775.00 and set a “neutral” rating for the company in a research note on Wednesday, February 5th. Wells Fargo & Company decreased their price objective on Fair Isaac from $2,650.00 to $2,600.00 and set an “overweight” rating on the stock in a report on Wednesday, February 5th. The Goldman Sachs Group upped their target price 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. Jefferies Financial Group decreased their price target on shares of Fair Isaac from $2,275.00 to $2,175.00 and set a “buy” rating on the stock in a research note on Wednesday, February 5th. Finally, JPMorgan Chase & Co. started coverage on shares of Fair Isaac in a research note on Friday, December 20th. They issued a “neutral” rating and a $2,150.00 price objective for the company. Four equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target 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.