207 Shares in Fair Isaac Co. (NYSE:FICO) Purchased by SageView Advisory Group LLC

SageView Advisory Group LLC purchased a new position in Fair Isaac Co. (NYSE:FICO) during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 207 shares of the technology company’s stock, valued at approximately $248,000.

A number of other institutional investors have also recently bought and sold shares of FICO. International Assets Investment Management LLC increased its stake in Fair Isaac by 112,366.2% in the 4th quarter. International Assets Investment Management LLC now owns 399,255 shares of the technology company’s stock worth $464,737,000 after purchasing an additional 398,900 shares in the last quarter. Norges Bank purchased a new position in Fair Isaac during the 4th quarter valued at about $259,509,000. American Century Companies Inc. grew its stake in Fair Isaac by 39.6% during the 3rd quarter. American Century Companies Inc. now owns 366,865 shares of the technology company’s stock valued at $318,633,000 after acquiring an additional 104,161 shares in the last quarter. Putnam Investments LLC grew its stake in Fair Isaac by 111.3% during the 4th quarter. Putnam Investments LLC now owns 152,898 shares of the technology company’s stock valued at $177,975,000 after acquiring an additional 80,530 shares in the last quarter. Finally, Schroder Investment Management Group grew its stake in Fair Isaac by 191.0% during the 3rd quarter. Schroder Investment Management Group now owns 111,635 shares of the technology company’s stock valued at $96,958,000 after acquiring an additional 73,267 shares in the last quarter. Hedge funds and other institutional investors own 85.75% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on the company. Redburn Atlantic assumed coverage on 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. Raymond James lifted their target price on Fair Isaac from $1,413.00 to $1,418.00 and gave the company an “outperform” rating in a research note on Friday, April 26th. Finally, Needham & Company LLC reissued a “buy” rating and issued a $1,500.00 price target on shares of Fair Isaac in a research note on Tuesday, June 11th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and six have assigned a buy rating to the company. According to MarketBeat, Fair Isaac presently has an average rating of “Moderate Buy” and a consensus price target of $1,274.33.

Insiders Place Their Bets

In other Fair Isaac news, CEO William J. Lansing sold 8,000 shares of the company’s stock in a transaction that occurred on Tuesday, April 16th. The stock was sold at an average price of $1,140.55, for a total transaction of $9,124,400.00. Following the completion of the sale, the chief executive officer now owns 12,638 shares of the company’s stock, valued at $14,414,270.90. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, EVP Richard Deal sold 13,591 shares of the stock in a transaction that occurred on Wednesday, June 12th. The stock was sold at an average price of $1,374.30, for a total value of $18,678,111.30. Following the completion of the sale, the executive vice president now directly owns 49,314 shares of the company’s stock, valued at $67,772,230.20. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO William J. Lansing sold 8,000 shares of the stock in a transaction that occurred on Tuesday, April 16th. The shares were sold at an average price of $1,140.55, for a total value of $9,124,400.00. Following the completion of the sale, the chief executive officer now directly owns 12,638 shares of the company’s stock, valued at $14,414,270.90. The disclosure for this sale can be found here. Insiders sold 24,014 shares of company stock valued at $31,012,918 over the last 90 days. 3.54% of the stock is currently owned by company insiders.

Fair Isaac Stock Down 0.6 %

Shares of Fair Isaac stock opened at $1,412.76 on Friday. The stock has a market capitalization of $34.91 billion, a P/E ratio of 74.16, a PEG ratio of 3.83 and a beta of 1.31. The stock has a 50 day moving average price of $1,288.48 and a two-hundred day moving average price of $1,247.65. Fair Isaac Co. has a 12-month low of $764.49 and a 12-month high of $1,451.78.

Fair Isaac (NYSE:FICO) last announced its earnings results on Thursday, April 25th. The technology company reported $5.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.89 by $0.20. The firm had revenue of $433.81 million during the quarter, compared to analysts’ expectations of $425.94 million. Fair Isaac had a negative return on equity of 62.28% and a net margin of 29.99%. Sell-side analysts anticipate that Fair Isaac Co. will post 19.75 earnings per share for the current year.

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.