Corient Private Wealth LLC Has $15.51 Million Holdings in Fair Isaac Co. (NYSE:FICO)

Corient Private Wealth LLC raised its holdings in Fair Isaac Co. (NYSE:FICOFree Report) by 150.2% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 13,324 shares of the technology company’s stock after purchasing an additional 7,998 shares during the quarter. Corient Private Wealth LLC owned 0.05% of Fair Isaac worth $15,509,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently made changes to their positions in the company. McGlone Suttner Wealth Management Inc. bought a new stake in Fair Isaac during the fourth quarter valued at about $35,000. First Horizon Advisors Inc. grew its position in Fair Isaac by 28.1% during the 4th quarter. First Horizon Advisors Inc. now owns 41 shares of the technology company’s stock worth $48,000 after purchasing an additional 9 shares during the period. GAMMA Investing LLC purchased a new stake in Fair Isaac during the 4th quarter worth approximately $50,000. Headlands Technologies LLC purchased a new stake in shares of Fair Isaac in the third quarter valued at approximately $42,000. Finally, KB Financial Partners LLC lifted its stake in Fair Isaac by 26.2% during the third quarter. KB Financial Partners LLC now owns 53 shares of the technology company’s stock worth $46,000 after purchasing an additional 11 shares in the last quarter. Institutional investors own 85.75% of the company’s stock.

Fair Isaac Trading Up 2.3 %

Shares of FICO traded up $31.46 during mid-day trading on Friday, reaching $1,384.64. The company had a trading volume of 171,482 shares, compared to its average volume of 254,235. The stock has a market cap of $34.21 billion, a price-to-earnings ratio of 72.68, a price-to-earnings-growth ratio of 3.64 and a beta of 1.24. The firm has a fifty day simple moving average of $1,245.51 and a 200-day simple moving average of $1,205.91. Fair Isaac Co. has a fifty-two week low of $745.45 and a fifty-two week high of $1,451.78.

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

Analysts Set New Price Targets

FICO has been the topic of a number of recent analyst reports. Needham & Company LLC reiterated a “buy” rating and issued a $1,500.00 price objective on shares of Fair Isaac in a report on Monday, April 22nd. Royal Bank of Canada restated a “sector perform” rating and issued a $1,350.00 price objective on shares of Fair Isaac in a research report on Friday, January 26th. Raymond James raised their target price on shares of 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. Barclays lifted their target price on Fair Isaac from $1,234.00 to $1,500.00 and gave the company an “overweight” rating in a research report on Friday, January 26th. Finally, Redburn Atlantic started coverage on Fair Isaac in a research report on Tuesday, April 16th. They set a “neutral” rating and a $1,113.00 target price on the stock. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and six have issued a buy rating to the company’s stock. According to MarketBeat, Fair Isaac has an average rating of “Moderate Buy” and a consensus price target of $1,274.33.

Check Out Our Latest Stock Analysis on FICO

Insider Buying and Selling

In related news, Director Joanna Rees sold 1,000 shares of the company’s stock in a transaction dated Thursday, May 9th. The shares were sold at an average price of $1,255.00, for a total value of $1,255,000.00. Following the transaction, the director now directly owns 21,118 shares in the company, valued at $26,503,090. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. In other news, CEO William J. Lansing sold 8,000 shares of the business’s stock in a transaction dated 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 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 Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Joanna Rees sold 1,000 shares of the company’s stock in a transaction that occurred on Thursday, May 9th. The shares were sold at an average price of $1,255.00, for a total value of $1,255,000.00. Following the transaction, the director now owns 21,118 shares of the company’s stock, valued at approximately $26,503,090. The disclosure for this sale can be found here. Insiders have sold 18,000 shares of company stock valued at $21,561,840 in the last 90 days. 3.54% of the stock is owned by insiders.

Fair Isaac 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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