Benjamin Edwards Inc. Grows Stock Position in Fair Isaac Co. (NYSE:FICO)

Benjamin Edwards Inc. boosted its position in shares of Fair Isaac Co. (NYSE:FICO) by 5.5% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 251 shares of the technology company’s stock after buying an additional 13 shares during the quarter. Benjamin Edwards Inc.’s holdings in Fair Isaac were worth $292,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in FICO. First Horizon Advisors Inc. increased its stake in Fair Isaac by 28.1% in the 4th quarter. First Horizon Advisors Inc. now owns 41 shares of the technology company’s stock worth $48,000 after buying an additional 9 shares during the period. Johnson Investment Counsel Inc. increased its holdings in Fair Isaac by 0.3% during the 3rd quarter. Johnson Investment Counsel Inc. now owns 3,412 shares of the technology company’s stock worth $2,963,000 after purchasing an additional 11 shares during the period. KB Financial Partners LLC raised its position in Fair Isaac by 26.2% during the 3rd quarter. KB Financial Partners LLC now owns 53 shares of the technology company’s stock valued at $46,000 after purchasing an additional 11 shares in the last quarter. Huntington National Bank grew its position in shares of Fair Isaac by 14.3% during the 3rd quarter. Huntington National Bank now owns 96 shares of the technology company’s stock worth $83,000 after buying an additional 12 shares in the last quarter. Finally, Alcosta Capital Management Inc. raised its holdings in shares of Fair Isaac by 0.4% in the third quarter. Alcosta Capital Management Inc. now owns 3,291 shares of the technology company’s stock valued at $2,858,000 after acquiring an additional 12 shares in the last quarter. Hedge funds and other institutional investors own 85.75% of the company’s stock.

Insider Transactions at Fair Isaac

In related news, CEO William J. Lansing sold 8,000 shares of the firm’s stock in a transaction that occurred on Tuesday, March 19th. The stock was sold at an average price of $1,225.93, for a total value of $9,807,440.00. Following the completion of the transaction, the chief executive officer now directly owns 20,638 shares of the company’s stock, valued at approximately $25,300,743.34. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders have sold 24,000 shares of company stock valued at $29,011,120 in the last quarter. 3.54% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on the stock. Raymond James raised their target price on shares of Fair Isaac from $1,413.00 to $1,418.00 and gave the company an “outperform” rating in a research report on Friday, April 26th. Redburn Atlantic started coverage on Fair Isaac in a research report on Tuesday, April 16th. They set a “neutral” rating and a $1,113.00 price objective on the stock. Barclays lifted their target price on Fair Isaac from $1,234.00 to $1,500.00 and gave the company an “overweight” rating in a research note on Friday, January 26th. Jefferies Financial Group raised their price target on shares of Fair Isaac from $1,210.00 to $1,450.00 and gave the company a “buy” rating in a report on Wednesday, January 17th. Finally, Needham & Company LLC reiterated a “buy” rating and set a $1,500.00 price objective on shares of Fair Isaac in a report on Monday, April 22nd. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and six have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $1,224.40.

Fair Isaac Price Performance

Shares of NYSE FICO traded up $27.66 during trading on Friday, hitting $1,193.01. 182,907 shares of the company were exchanged, compared to its average volume of 194,081. Fair Isaac Co. has a 1 year low of $729.54 and a 1 year high of $1,349.75. The company has a market cap of $29.48 billion, a price-to-earnings ratio of 62.63, a PEG ratio of 3.14 and a beta of 1.24. The firm’s fifty day moving average price is $1,226.09 and its 200 day moving average price is $1,158.28.

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.