Jones Financial Companies Lllp Purchases 64 Shares of Fair Isaac Co. (NYSE:FICO)

Jones Financial Companies Lllp raised its holdings in shares of Fair Isaac Co. (NYSE:FICO) by 94.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 132 shares of the technology company’s stock after buying an additional 64 shares during the period. Jones Financial Companies Lllp’s holdings in Fair Isaac were worth $263,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently made changes to their positions in FICO. First National Bank of Omaha purchased a new position in Fair Isaac during the 3rd quarter valued at $1,576,000. National Bank of Canada FI increased its position in shares of Fair Isaac by 51.9% during the third quarter. National Bank of Canada FI now owns 19,817 shares of the technology company’s stock valued at $38,514,000 after acquiring an additional 6,768 shares in the last quarter. Donoghue Forlines LLC bought a new position in shares of Fair Isaac during the fourth quarter valued at $1,935,000. BNP Paribas purchased a new position in shares of Fair Isaac during the third quarter valued at approximately $445,000. Finally, Czech National Bank lifted its holdings in Fair Isaac by 5.7% in the fourth quarter. Czech National Bank now owns 5,280 shares of the technology company’s stock valued at $10,512,000 after acquiring an additional 286 shares during the period. Institutional investors own 85.75% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on the company. Royal Bank of Canada upgraded Fair Isaac from a “sector perform” rating to an “outperform” rating and lifted their target price for the company from $2,040.00 to $2,170.00 in a research report on Wednesday, February 26th. Needham & Company LLC restated a “buy” rating and issued a $2,500.00 target price on shares of Fair Isaac in a report on Wednesday, February 5th. The Goldman Sachs Group raised their target price on shares of Fair Isaac from $2,374.00 to $2,661.00 and gave the stock a “buy” rating in a report on Thursday, December 5th. UBS Group decreased their target price on Fair Isaac from $2,250.00 to $2,100.00 and set a “neutral” rating for the company in a research report on Monday, January 27th. Finally, Jefferies Financial Group cut their price target on 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. Four research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $2,088.15.

Fair Isaac Trading Up 3.1 %

Shares of NYSE FICO opened at $1,776.70 on Thursday. Fair Isaac Co. has a 12 month low of $1,105.65 and a 12 month high of $2,402.52. The stock has a market cap of $43.38 billion, a price-to-earnings ratio of 81.54, a PEG ratio of 3.27 and a beta of 1.41. The company has a 50 day simple moving average of $1,853.61 and a two-hundred day simple moving average of $1,981.09.

Fair Isaac (NYSE:FICO) last issued its quarterly earnings data on Tuesday, February 4th. The technology company reported $4.15 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%. Analysts forecast that Fair Isaac Co. will post 24.15 EPS for the current year.

Insiders Place Their Bets

In other news, Director Marc F. Mcmorris sold 520 shares of the stock in a transaction that occurred 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 sale, the director now owns 242 shares of the company’s stock, valued at $520,921.94. This represents a 68.24 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CFO Steven P. Weber sold 139 shares of the stock in a transaction that occurred on Thursday, January 9th. The stock was sold at an average price of $1,964.42, for a total transaction of $273,054.38. Following the transaction, the chief financial officer now directly owns 2,478 shares of the company’s stock, valued at $4,867,832.76. The trade was a 5.31 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 6,669 shares of company stock valued at $12,235,813 in the last 90 days. 3.46% of the stock is owned by insiders.

About Fair Isaac

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.