1,230 Shares in Fair Isaac Co. (NYSE:FICO) Acquired by Soltis Investment Advisors LLC

Soltis Investment Advisors LLC purchased a new stake in Fair Isaac Co. (NYSE:FICO) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 1,230 shares of the technology company’s stock, valued at approximately $2,449,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Capital Performance Advisors LLP acquired a new position in shares of Fair Isaac during the 3rd quarter valued at $25,000. True Wealth Design LLC increased its stake in Fair Isaac by 900.0% in the third quarter. True Wealth Design LLC now owns 20 shares of the technology company’s stock valued at $39,000 after purchasing an additional 18 shares in the last quarter. Berbice Capital Management LLC acquired a new position in shares of Fair Isaac during the fourth quarter valued at about $40,000. Meeder Asset Management Inc. boosted its position in shares of Fair Isaac by 37.5% during the 3rd quarter. Meeder Asset Management Inc. now owns 22 shares of the technology company’s stock worth $43,000 after purchasing an additional 6 shares in the last quarter. Finally, Versant Capital Management Inc increased its position in Fair Isaac by 500.0% in the 4th quarter. Versant Capital Management Inc now owns 24 shares of the technology company’s stock valued at $48,000 after buying an additional 20 shares in the last quarter. 85.75% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Fair Isaac

In other news, Director Marc F. Mcmorris sold 520 shares of the business’s stock in a transaction on Tuesday, December 17th. The shares were sold at an average price of $2,152.57, for a total transaction of $1,119,336.40. Following the completion of the transaction, the director now directly owns 242 shares in the company, valued at $520,921.94. The trade was a 68.24 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP James M. Wehmann sold 3,500 shares of the company’s stock in a transaction dated Thursday, November 21st. The stock was sold at an average price of $2,320.41, for a total value of $8,121,435.00. Following the completion of the transaction, the executive vice president now owns 48,895 shares in the company, valued at $113,456,446.95. This represents a 6.68 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 10,660 shares of company stock worth $24,410,261 over the last ninety days. 3.46% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several research analysts have issued reports on the company. The Goldman Sachs Group increased their price target on Fair Isaac from $2,374.00 to $2,661.00 and gave the stock a “buy” rating in a report on Thursday, December 5th. JPMorgan Chase & Co. began coverage on Fair Isaac in a report on Friday, December 20th. They issued a “neutral” rating and a $2,150.00 target price on the stock. Robert W. Baird decreased their price target on shares of Fair Isaac from $1,975.00 to $1,775.00 and set a “neutral” rating for the company in a research note on Wednesday, February 5th. UBS Group lowered their price objective on shares of Fair Isaac from $2,250.00 to $2,100.00 and set a “neutral” rating on the stock in a report on Monday, January 27th. Finally, Wells Fargo & Company decreased their target price on shares of Fair Isaac from $2,650.00 to $2,600.00 and set an “overweight” rating for the company in a research report on Wednesday, February 5th. Five research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $2,078.15.

Fair Isaac Stock Down 1.5 %

Fair Isaac stock opened at $1,858.97 on Monday. The company’s 50 day moving average price is $2,018.44 and its two-hundred day moving average price is $1,964.49. The stock has a market cap of $45.40 billion, a P/E ratio of 85.31, a P/E/G ratio of 3.61 and a beta of 1.39. Fair Isaac Co. has a 52 week low of $1,105.65 and a 52 week high of $2,402.51.

Fair Isaac (NYSE:FICO) last announced 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%. On average, equities analysts anticipate that Fair Isaac Co. will post 23.91 EPS for the current year.

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.