Fair Isaac Co. (NYSE:FICO) Shares Purchased by Lindbrook Capital LLC

Lindbrook Capital LLC raised its position in shares of Fair Isaac Co. (NYSE:FICO) by 33.3% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 60 shares of the technology company’s stock after purchasing an additional 15 shares during the quarter. Lindbrook Capital LLC’s holdings in Fair Isaac were worth $70,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. McGlone Suttner Wealth Management Inc. bought a new position in Fair Isaac during the 4th quarter valued at $35,000. Headlands Technologies LLC bought a new stake in shares of Fair Isaac during the 3rd quarter worth $42,000. Assetmark Inc. bought a new stake in shares of Fair Isaac during the 3rd quarter worth $44,000. KB Financial Partners LLC boosted its stake in shares of Fair Isaac by 26.2% during the 3rd quarter. KB Financial Partners LLC now owns 53 shares of the technology company’s stock worth $46,000 after acquiring an additional 11 shares in the last quarter. Finally, Operose Advisors LLC bought a new stake in shares of Fair Isaac during the 3rd quarter worth $50,000. 85.75% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, CEO William J. Lansing sold 8,000 shares of the stock in a transaction on Tuesday, March 19th. The stock was sold at an average price of $1,225.93, for a total transaction of $9,807,440.00. Following the completion of the sale, the chief executive officer now directly owns 20,638 shares in the company, valued at $25,300,743.34. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Over the last ninety days, insiders sold 24,000 shares of company stock worth $29,011,120. Corporate insiders own 3.54% of the company’s stock.

Fair Isaac Trading Up 0.4 %

Shares of NYSE:FICO opened at $1,193.03 on Thursday. Fair Isaac Co. has a 1 year low of $708.00 and a 1 year high of $1,349.75. The business has a fifty day simple moving average of $1,243.37 and a 200 day simple moving average of $1,147.33. The firm has a market cap of $29.65 billion, a price-to-earnings ratio of 66.69, a P/E/G ratio of 2.63 and a beta of 1.21.

Fair Isaac (NYSE:FICO) last announced its quarterly earnings data on Thursday, January 25th. The technology company reported $3.87 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.76 by $0.11. Fair Isaac had a negative return on equity of 57.80% and a net margin of 29.20%. The business had revenue of $382.06 million during the quarter, compared to analyst estimates of $386.55 million. On average, sell-side analysts forecast that Fair Isaac Co. will post 19.95 EPS for the current year.

Analysts Set New Price Targets

FICO has been the subject of several research reports. Redburn Atlantic initiated coverage on Fair Isaac in a research note on Tuesday, April 16th. They set a “neutral” rating and a $1,113.00 price objective for the company. Raymond James raised their price objective on Fair Isaac from $1,214.00 to $1,400.00 and gave the stock an “outperform” rating in a research note on Friday, January 26th. Jefferies Financial Group raised their price objective on Fair Isaac from $1,210.00 to $1,450.00 and gave the stock a “buy” rating in a research note on Wednesday, January 17th. Barclays raised their price objective on Fair Isaac from $1,234.00 to $1,500.00 and gave the stock an “overweight” rating in a research note on Friday, January 26th. Finally, Needham & Company LLC reaffirmed a “buy” rating and issued a $1,500.00 target price on shares of Fair Isaac in a research report on Monday. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and six have given a buy rating to the company’s stock. According to MarketBeat.com, Fair Isaac currently has a consensus rating of “Moderate Buy” and an average target price of $1,180.45.

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.