M3 Advisory Group LLC Takes Position in Fair Isaac Co. (NYSE:FICO)

M3 Advisory Group LLC acquired a new stake in Fair Isaac Co. (NYSE:FICOFree Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 173 shares of the technology company’s stock, valued at approximately $201,000.

A number of other hedge funds have also modified their holdings of FICO. McGlone Suttner Wealth Management Inc. acquired a new position in shares of Fair Isaac in the fourth quarter valued at about $35,000. DSM Capital Partners LLC purchased a new stake in shares of Fair Isaac in the fourth quarter worth about $37,000. KB Financial Partners LLC boosted its stake in shares of Fair Isaac by 26.2% in the third quarter. KB Financial Partners LLC now owns 53 shares of the technology company’s stock worth $46,000 after buying an additional 11 shares during the last quarter. First Horizon Advisors Inc. boosted its stake in shares of Fair Isaac by 28.1% in the fourth 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 last quarter. Finally, Operose Advisors LLC purchased a new stake in shares of Fair Isaac in the third quarter worth about $50,000. 85.75% of the stock is owned by institutional investors and hedge funds.

Fair Isaac Stock Up 1.4 %

Shares of Fair Isaac stock traded up $19.49 during mid-day trading on Monday, reaching $1,410.08. 119,089 shares of the stock traded hands, compared to its average volume of 180,042. The business has a 50-day moving average of $1,271.71 and a 200 day moving average of $1,240.93. Fair Isaac Co. has a fifty-two week low of $764.49 and a fifty-two week high of $1,451.78. The stock has a market capitalization of $34.84 billion, a PE ratio of 74.02, a PEG ratio of 3.74 and a beta of 1.31.

Fair Isaac (NYSE:FICOGet Free Report) last announced its earnings results on Thursday, April 25th. The technology company reported $5.09 EPS for the quarter, beating analysts’ consensus estimates of $4.89 by $0.20. Fair Isaac had a negative return on equity of 62.28% and a net margin of 29.99%. The business had revenue of $433.81 million during the quarter, compared to analysts’ expectations of $425.94 million. On average, equities research analysts expect that Fair Isaac Co. will post 19.75 EPS for the current fiscal year.

Wall Street Analyst Weigh In

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 issued a “neutral” rating and a $1,113.00 target price on the stock. Raymond James upped their target price on Fair Isaac from $1,413.00 to $1,418.00 and gave the stock an “outperform” rating in a research note on Friday, April 26th. Finally, Needham & Company LLC restated a “buy” rating and issued a $1,500.00 target price on shares of Fair Isaac in a research note on Tuesday, June 11th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and six have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $1,274.33.

Check Out Our Latest Stock Analysis on FICO

Insider Activity at Fair Isaac

In related news, CEO William J. Lansing sold 8,000 shares of the 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 value 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 transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. In other Fair Isaac news, Director Joanna Rees sold 1,000 shares of the firm’s stock in a transaction on Thursday, May 9th. The stock was sold at an average price of $1,255.00, for a total transaction of $1,255,000.00. Following the completion of the sale, the director now owns 21,118 shares of the company’s stock, valued at $26,503,090. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO William J. Lansing sold 8,000 shares of the firm’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 sale, the chief executive officer now directly owns 12,638 shares of the company’s stock, valued at approximately $14,414,270.90. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 32,014 shares of company stock valued at $40,820,358. 3.54% of the stock is currently owned by insiders.

Fair Isaac Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Fair Isaac (NYSE:FICO)

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