Laidlaw Wealth Management LLC Has $350,000 Stock Position in Fair Isaac Co. (NYSE:FICO)

Laidlaw Wealth Management LLC grew its position in Fair Isaac Co. (NYSE:FICO) by 27.5% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 176 shares of the technology company’s stock after acquiring an additional 38 shares during the period. Laidlaw Wealth Management LLC’s holdings in Fair Isaac were worth $350,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in FICO. Capital Performance Advisors LLP acquired a new position in Fair Isaac in the 3rd quarter worth $25,000. True Wealth Design LLC increased its holdings in Fair Isaac by 900.0% during the 3rd quarter. True Wealth Design LLC now owns 20 shares of the technology company’s stock worth $39,000 after purchasing an additional 18 shares in the last quarter. Berbice Capital Management LLC bought a new position in Fair Isaac during the 4th quarter worth about $40,000. Meeder Asset Management Inc. increased its holdings in 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 holdings in Fair Isaac by 500.0% during the 4th quarter. Versant Capital Management Inc now owns 24 shares of the technology company’s stock worth $48,000 after purchasing an additional 20 shares in the last quarter. Institutional investors and hedge funds own 85.75% of the company’s stock.

Analysts Set New Price Targets

FICO has been the subject of a number of research reports. Jefferies Financial Group lowered their target price on 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. Wells Fargo & Company lowered their target price on Fair Isaac from $2,650.00 to $2,600.00 and set an “overweight” rating for the company in a report on Wednesday, February 5th. UBS Group lowered their target price on 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. JPMorgan Chase & Co. assumed coverage on Fair Isaac in a report on Friday, December 20th. They set a “neutral” rating and a $2,150.00 target price for the company. Finally, Barclays increased their price objective on shares of Fair Isaac from $2,150.00 to $2,350.00 and gave the stock an “overweight” rating in a research note on Thursday, November 7th. Five equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat, Fair Isaac currently has an average rating of “Moderate Buy” and a consensus price target of $2,078.15.

Fair Isaac Stock Performance

Shares of NYSE:FICO opened at $1,791.49 on Wednesday. Fair Isaac Co. has a 52-week low of $1,105.65 and a 52-week high of $2,402.51. The company has a market capitalization of $43.75 billion, a P/E ratio of 82.22, a price-to-earnings-growth ratio of 3.41 and a beta of 1.39. The company has a 50-day simple moving average of $1,946.76 and a 200 day simple moving average of $1,974.84.

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

Insider Activity at Fair Isaac

In other Fair Isaac news, Director Marc F. Mcmorris sold 520 shares of the stock in a transaction dated Tuesday, December 17th. The shares were sold at an average price of $2,152.57, for a total value of $1,119,336.40. Following the transaction, the director now directly owns 242 shares of the company’s stock, valued at $520,921.94. This represents a 68.24 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP James M. Wehmann sold 3,500 shares of the stock in a transaction dated Thursday, November 21st. The shares were sold at an average price of $2,320.41, for a total transaction of $8,121,435.00. Following the completion of the transaction, the executive vice president now directly owns 48,895 shares in the company, valued at approximately $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. In the last ninety days, insiders sold 16,670 shares of company stock worth $35,253,683. Insiders own 3.46% of the company’s stock.

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.