655 Shares in Fair Isaac Co. (NYSE:FICO) Purchased by Stevens Capital Management LP

Stevens Capital Management LP acquired a new position in Fair Isaac Co. (NYSE:FICO) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 655 shares of the technology company’s stock, valued at approximately $762,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. McGlone Suttner Wealth Management Inc. purchased a new stake in Fair Isaac in the fourth quarter worth approximately $35,000. Headlands Technologies LLC purchased a new stake in Fair Isaac in the third quarter worth approximately $42,000. Assetmark Inc. bought a new position in Fair Isaac in the third quarter worth approximately $44,000. KB Financial Partners LLC boosted its stake in shares of Fair Isaac by 26.2% during the 3rd quarter. KB Financial Partners LLC now owns 53 shares of the technology company’s stock worth $46,000 after acquiring an additional 11 shares during the last quarter. Finally, Operose Advisors LLC purchased a new position in shares of Fair Isaac during the 3rd quarter worth $50,000. Hedge funds and other institutional investors own 85.75% of the company’s stock.

Fair Isaac Price Performance

Shares of Fair Isaac stock traded up $0.63 during trading hours on Thursday, reaching $1,193.66. The company’s stock had a trading volume of 218,776 shares, compared to its average volume of 168,722. The firm has a 50 day moving average price of $1,243.37 and a 200-day moving average price of $1,147.33. Fair Isaac Co. has a one year low of $708.00 and a one year high of $1,349.75. The stock has a market cap of $29.66 billion, a P/E ratio of 67.15, a P/E/G ratio of 2.63 and a beta of 1.21.

Fair Isaac (NYSE:FICO) last posted its earnings results on Thursday, January 25th. The technology company reported $3.87 earnings per share for the quarter, topping analysts’ consensus estimates of $3.76 by $0.11. Fair Isaac had a net margin of 29.20% and a negative return on equity of 57.80%. The firm had revenue of $382.06 million for the quarter, compared to the consensus estimate of $386.55 million. As a group, sell-side analysts forecast that Fair Isaac Co. will post 19.95 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on FICO shares. Barclays lifted their price target on shares of Fair Isaac from $1,234.00 to $1,500.00 and gave the stock an “overweight” rating in a research note on Friday, January 26th. Jefferies Financial Group lifted their target price on shares of Fair Isaac from $1,210.00 to $1,450.00 and gave the company a “buy” rating in a research note on Wednesday, January 17th. Royal Bank of Canada restated a “sector perform” rating and set a $1,350.00 target price on shares of Fair Isaac in a research note on Friday, January 26th. Redburn Atlantic started coverage on shares of Fair Isaac in a research note on Tuesday, April 16th. They set a “neutral” rating and a $1,113.00 target price on the stock. Finally, Raymond James lifted their target price on shares of Fair Isaac from $1,214.00 to $1,400.00 and gave the company an “outperform” rating in a research note on Friday, January 26th. One analyst has rated the stock with a sell rating, three have given a hold rating and six have assigned a buy rating to the company. According to MarketBeat.com, Fair Isaac currently has an average rating of “Moderate Buy” and a consensus target price of $1,180.45.

Insider Transactions at Fair Isaac

In related news, CEO William J. Lansing sold 8,000 shares of the company’s stock in a transaction dated Tuesday, April 16th. The shares were sold at an average price of $1,140.55, for a total transaction of $9,124,400.00. Following the transaction, the chief executive officer now directly owns 12,638 shares in the company, valued at approximately $14,414,270.90. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders have sold a total of 24,000 shares of company stock worth $29,011,120 in the last three months. Insiders own 3.54% of the company’s stock.

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.