Security Financial Services INC. Purchases 20 Shares of Fair Isaac Co. (NYSE:FICO)

Security Financial Services INC. grew its position in shares of Fair Isaac Co. (NYSE:FICO) by 10.4% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 212 shares of the technology company’s stock after buying an additional 20 shares during the period. Security Financial Services INC.’s holdings in Fair Isaac were worth $265,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the company. PNC Financial Services Group Inc. grew its holdings in shares of Fair Isaac by 18.9% during the 3rd quarter. PNC Financial Services Group Inc. now owns 1,556 shares of the technology company’s stock worth $1,351,000 after purchasing an additional 247 shares in the last quarter. Kestra Advisory Services LLC acquired a new stake in shares of Fair Isaac during the 3rd quarter worth $243,000. QRG Capital Management Inc. acquired a new stake in Fair Isaac in the third quarter valued at about $673,000. Envestnet Asset Management Inc. boosted its stake in Fair Isaac by 42.4% in the third quarter. Envestnet Asset Management Inc. now owns 47,586 shares of the technology company’s stock valued at $41,330,000 after buying an additional 14,167 shares in the last quarter. Finally, FMR LLC boosted its stake in Fair Isaac by 72.8% in the third quarter. FMR LLC now owns 87,527 shares of the technology company’s stock valued at $76,020,000 after buying an additional 36,863 shares in the last quarter. Institutional investors own 85.75% of the company’s stock.

Fair Isaac Stock Performance

Fair Isaac stock traded down $25.45 during mid-day trading on Monday, reaching $1,410.66. The stock had a trading volume of 6,614 shares, compared to its average volume of 178,977. Fair Isaac Co. has a fifty-two week low of $764.49 and a fifty-two week high of $1,451.78. The stock’s 50-day simple moving average is $1,293.70 and its 200-day simple moving average is $1,251.65. The firm has a market capitalization of $34.86 billion, a PE ratio of 75.39, a price-to-earnings-growth ratio of 3.80 and a beta of 1.31.

Fair Isaac (NYSE:FICO) last announced its quarterly earnings data on Thursday, April 25th. The technology company reported $5.09 EPS for the quarter, beating 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%. On average, research analysts forecast that Fair Isaac Co. will post 19.75 earnings per share for the current fiscal year.

Insider Activity at Fair Isaac

In related news, CEO William J. Lansing sold 8,000 shares of Fair Isaac 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 transaction, 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 legal filing with the SEC, which can be accessed through this link. In other Fair Isaac news, Director Joanna Rees sold 500 shares of the business’s stock in a transaction on Tuesday, May 14th. The stock was sold at an average price of $1,350.00, for a total value of $675,000.00. Following the transaction, the director now owns 20,618 shares of the company’s stock, valued at $27,834,300. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CEO William J. Lansing sold 8,000 shares of the business’s stock in a transaction on Tuesday, April 16th. The stock was sold at an average price of $1,140.55, for a total value of $9,124,400.00. Following the completion of the transaction, the chief executive officer now directly owns 12,638 shares in the company, valued at approximately $14,414,270.90. The disclosure for this sale can be found here. Insiders have sold a total of 24,014 shares of company stock valued at $31,012,918 over the last 90 days. Insiders own 3.54% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have recently commented on FICO. Redburn Atlantic began coverage on Fair Isaac in a research note on Tuesday, April 16th. They set a “neutral” rating and a $1,113.00 price target on the stock. Raymond James raised their price objective on Fair Isaac from $1,413.00 to $1,418.00 and gave the stock an “outperform” rating in a research report on Friday, April 26th. Finally, Needham & Company LLC restated a “buy” rating and set a $1,500.00 price objective on shares of Fair Isaac in a research report on Tuesday, June 11th. One analyst has rated the stock with a sell rating, three have issued a hold rating and six have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $1,274.33.

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.