Cavalier Investments LLC Buys 48 Shares of Fair Isaac Co. (NYSE:FICO)

Cavalier Investments LLC raised its stake in Fair Isaac Co. (NYSE:FICO) by 3.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,630 shares of the technology company’s stock after purchasing an additional 48 shares during the period. Fair Isaac accounts for 1.1% of Cavalier Investments LLC’s holdings, making the stock its 19th biggest holding. Cavalier Investments LLC’s holdings in Fair Isaac were worth $3,245,000 as of its most recent filing with the Securities and Exchange Commission.

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

Fair Isaac Stock Up 4.9 %

FICO opened at $1,816.80 on Wednesday. The stock has a market cap of $44.36 billion, a price-to-earnings ratio of 83.38, a PEG ratio of 3.27 and a beta of 1.39. Fair Isaac Co. has a twelve month low of $1,105.65 and a twelve month high of $2,402.51. The company’s 50-day moving average price is $1,904.09 and its two-hundred day moving average price is $1,977.27.

Fair Isaac (NYSE:FICO) last released its 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 net margin of 30.66% and a negative return on equity of 53.40%. As a group, sell-side analysts anticipate that Fair Isaac Co. will post 24.15 earnings per share for the current year.

Wall Street Analysts Forecast Growth

FICO has been the subject of several recent research reports. Robert W. Baird decreased their target price on shares of Fair Isaac from $1,975.00 to $1,775.00 and set a “neutral” rating for the company in a research report on Wednesday, February 5th. Needham & Company LLC restated a “buy” rating and set a $2,500.00 price target on shares of Fair Isaac in a report on Wednesday, February 5th. The Goldman Sachs Group boosted their price target on shares of Fair Isaac from $2,374.00 to $2,661.00 and gave the stock a “buy” rating in a report on Thursday, December 5th. Wells Fargo & Company cut their price target on shares of Fair Isaac from $2,650.00 to $2,600.00 and set an “overweight” rating on the stock in a report on Wednesday, February 5th. Finally, Jefferies Financial Group cut their price target on shares of Fair Isaac from $2,275.00 to $2,175.00 and set a “buy” rating on the stock in a report on Wednesday, February 5th. Five research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Fair Isaac currently has a consensus rating of “Moderate Buy” and an average target price of $2,078.15.

Insider Activity at Fair Isaac

In related news, EVP James M. Wehmann sold 3,000 shares of the company’s stock in a transaction that occurred 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 sale, the executive vice president now directly owns 51,911 shares in the company, valued at approximately $113,954,508.09. This represents a 5.46 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CEO William J. Lansing sold 6,010 shares of the company’s stock in a transaction that occurred on Tuesday, February 11th. The shares were sold at an average price of $1,804.23, for a total transaction of $10,843,422.30. Following the sale, the chief executive officer now owns 42,138 shares in the company, valued at $76,026,643.74. The trade was a 12.48 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 13,170 shares of company stock worth $27,132,248. 3.46% of the stock is owned by corporate insiders.

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.