J.W. Cole Advisors Inc. Boosts Stock Holdings in Fair Isaac Co. (NYSE:FICO)

J.W. Cole Advisors Inc. grew its position in shares of Fair Isaac Co. (NYSE:FICO) by 15.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 364 shares of the technology company’s stock after acquiring an additional 50 shares during the quarter. J.W. Cole Advisors Inc.’s holdings in Fair Isaac were worth $725,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently bought and sold shares of the company. State Street Corp boosted its holdings in shares of Fair Isaac by 0.5% in the 3rd quarter. State Street Corp now owns 1,045,165 shares of the technology company’s stock worth $2,031,299,000 after buying an additional 5,472 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of Fair Isaac by 1.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 673,242 shares of the technology company’s stock worth $1,308,460,000 after buying an additional 7,466 shares during the last quarter. Geode Capital Management LLC boosted its holdings in shares of Fair Isaac by 1.0% in the 3rd quarter. Geode Capital Management LLC now owns 645,379 shares of the technology company’s stock worth $1,251,537,000 after buying an additional 6,510 shares during the last quarter. International Assets Investment Management LLC boosted its holdings in shares of Fair Isaac by 189,461.6% in the 3rd quarter. International Assets Investment Management LLC now owns 538,355 shares of the technology company’s stock worth $1,046,304,000 after buying an additional 538,071 shares during the last quarter. Finally, Principal Financial Group Inc. boosted its holdings in shares of Fair Isaac by 0.5% in the 3rd quarter. Principal Financial Group Inc. now owns 372,582 shares of the technology company’s stock worth $724,122,000 after buying an additional 1,977 shares during the last quarter. 85.75% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on the stock. Robert W. Baird cut their price target on shares of Fair Isaac from $1,975.00 to $1,775.00 and set a “neutral” rating on the stock in a report on Wednesday, February 5th. Wells Fargo & Company lowered their price objective on Fair Isaac from $2,650.00 to $2,600.00 and set an “overweight” rating on the stock in a research note on Wednesday, February 5th. UBS Group lowered their price objective on Fair Isaac from $2,250.00 to $2,100.00 and set a “neutral” rating on the stock in a research note on Monday, January 27th. Barclays boosted their price objective on Fair Isaac from $2,150.00 to $2,350.00 and gave the company an “overweight” rating in a research note on Thursday, November 7th. Finally, Oppenheimer lowered their price objective on Fair Isaac from $2,515.00 to $2,409.00 and set an “outperform” rating on the stock in a research note on Tuesday, January 7th. Five equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to MarketBeat, Fair Isaac presently has a consensus rating of “Moderate Buy” and a consensus price target of $2,078.15.

Fair Isaac Stock Down 2.3 %

Shares of FICO opened at $1,752.55 on Thursday. The business’s 50-day moving average price is $1,937.97 and its 200-day moving average price is $1,973.29. Fair Isaac Co. has a twelve month low of $1,105.65 and a twelve month high of $2,402.51. The stock has a market cap of $42.80 billion, a PE ratio of 80.43, a P/E/G ratio of 3.41 and a beta of 1.39.

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 negative return on equity of 53.40% and a net margin of 30.66%. Analysts expect that Fair Isaac Co. will post 24.15 earnings per share for the current fiscal year.

Insider Transactions at Fair Isaac

In other Fair Isaac news, EVP James M. Wehmann sold 3,500 shares of the company’s stock in a transaction that occurred on Thursday, December 5th. The stock was sold at an average price of $2,373.85, for a total value of $8,308,475.00. Following the completion of the sale, the executive vice president now owns 45,395 shares of the company’s stock, valued at $107,760,920.75. This represents a 7.16 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO William J. Lansing sold 6,010 shares of the company’s stock in a transaction that occurred on Tuesday, February 11th. The stock was sold at an average price of $1,804.23, for a total value of $10,843,422.30. Following the completion of the sale, the chief executive officer now directly owns 42,138 shares of the company’s stock, valued at approximately $76,026,643.74. This represents a 12.48 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 13,170 shares of company stock valued at $27,132,248. 3.46% of the stock is owned by corporate 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.