673 Shares in Fair Isaac Co. (NYSE:FICO) Acquired by Y Intercept Hong Kong Ltd

Y Intercept Hong Kong Ltd bought a new position in shares of Fair Isaac Co. (NYSE:FICO) during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor bought 673 shares of the technology company’s stock, valued at approximately $1,340,000.

Several other large investors have also recently added to or reduced their stakes in the business. Union Bancaire Privee UBP SA purchased a new stake in Fair Isaac during the 4th quarter worth approximately $1,178,000. Fjarde AP Fonden Fourth Swedish National Pension Fund grew its holdings in Fair Isaac by 22.7% during the 4th quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 5,950 shares of the technology company’s stock worth $11,846,000 after acquiring an additional 1,100 shares in the last quarter. WESPAC Advisors LLC grew its holdings in Fair Isaac by 18.5% during the 4th quarter. WESPAC Advisors LLC now owns 474 shares of the technology company’s stock worth $944,000 after acquiring an additional 74 shares in the last quarter. Suncoast Equity Management grew its holdings in Fair Isaac by 10.6% during the 4th quarter. Suncoast Equity Management now owns 1,434 shares of the technology company’s stock worth $2,855,000 after acquiring an additional 138 shares in the last quarter. Finally, RPS Advisory Solutions LLC acquired a new position in Fair Isaac during the 4th quarter worth approximately $432,000. 85.75% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have commented on FICO. Royal Bank of Canada upgraded shares of Fair Isaac from a “sector perform” rating to an “outperform” rating and boosted their price target for the stock from $2,040.00 to $2,170.00 in a report on Wednesday. UBS Group lowered their price target on shares of Fair Isaac from $2,250.00 to $2,100.00 and set a “neutral” rating for the company in a report on Monday, January 27th. Jefferies Financial Group lowered their price target on shares of Fair Isaac from $2,275.00 to $2,175.00 and set a “buy” rating for the company in a report on Wednesday, February 5th. Robert W. Baird lowered 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 report on Wednesday, February 5th. Finally, Oppenheimer lowered their target price on shares of Fair Isaac from $2,515.00 to $2,409.00 and set an “outperform” rating for the company in a report on Tuesday, January 7th. Four equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $2,088.15.

Fair Isaac Price Performance

Shares of NYSE:FICO opened at $1,867.49 on Thursday. The stock has a market cap of $45.60 billion, a P/E ratio of 85.70, a P/E/G ratio of 3.27 and a beta of 1.39. The firm has a fifty day moving average price of $1,900.41 and a 200 day moving average price of $1,976.50. Fair Isaac Co. has a 1-year low of $1,105.65 and a 1-year high of $2,402.51.

Fair Isaac (NYSE:FICO) last issued its quarterly earnings results on Tuesday, February 4th. The technology company reported $4.15 earnings per share for the quarter, missing analysts’ consensus estimates of $6.21 by ($2.06). Fair Isaac had a negative return on equity of 53.40% and a net margin of 30.66%. Sell-side analysts expect that Fair Isaac Co. will post 24.15 EPS for the current fiscal year.

Insider Buying and Selling

In related news, EVP James M. Wehmann sold 3,000 shares of the stock in a transaction on Thursday, December 12th. The shares were sold at an average price of $2,195.19, for a total transaction of $6,585,570.00. Following the completion of the sale, the executive vice president now owns 51,911 shares in the company, valued at $113,954,508.09. This represents a 5.46 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Marc F. Mcmorris sold 520 shares of the stock in a transaction on Tuesday, December 17th. The stock was sold at an average price of $2,152.57, for a total transaction of $1,119,336.40. Following the sale, the director now owns 242 shares of the company’s stock, valued at approximately $520,921.94. This represents a 68.24 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 13,170 shares of company stock worth $27,132,248 in the last 90 days. Company insiders own 3.46% of the company’s stock.

Fair Isaac Company 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.