127 Shares in Fair Isaac Co. (NYSE:FICO) Acquired by Stegent Equity Advisors Inc.

Stegent Equity Advisors Inc. purchased a new position in shares of Fair Isaac Co. (NYSE:FICO) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 127 shares of the technology company’s stock, valued at approximately $253,000.

Several other hedge funds also recently made changes to their positions in FICO. Private Advisor Group LLC grew its stake in shares of Fair Isaac by 3.2% during the 3rd quarter. Private Advisor Group LLC now owns 552 shares of the technology company’s stock worth $1,073,000 after acquiring an additional 17 shares in the last quarter. Assenagon Asset Management S.A. grew its stake in shares of Fair Isaac by 60.7% during the 3rd quarter. Assenagon Asset Management S.A. now owns 2,505 shares of the technology company’s stock worth $4,869,000 after acquiring an additional 946 shares in the last quarter. Arkadios Wealth Advisors bought a new position in shares of Fair Isaac during the 3rd quarter worth approximately $282,000. Frank Rimerman Advisors LLC bought a new position in shares of Fair Isaac during the 3rd quarter worth approximately $202,000. Finally, J.W. Cole Advisors Inc. grew its stake in shares of Fair Isaac by 82.6% during the 3rd quarter. J.W. Cole Advisors Inc. now owns 314 shares of the technology company’s stock worth $610,000 after acquiring an additional 142 shares in the last quarter. 85.75% of the stock is owned by institutional investors.

Insider Transactions at Fair Isaac

In other news, CEO William J. Lansing sold 6,010 shares of Fair Isaac stock in a transaction on Tuesday, February 11th. The stock was sold at an average price of $1,804.23, for a total transaction of $10,843,422.30. Following the completion of the sale, the chief executive officer now owns 42,138 shares of the company’s stock, valued at approximately $76,026,643.74. This trade represents a 12.48 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP James M. Wehmann sold 3,500 shares of Fair Isaac stock in a transaction 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 sale, the executive vice president now directly owns 45,395 shares of the company’s stock, valued at $107,760,920.75. This represents a 7.16 % 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 currently owned by corporate insiders.

Fair Isaac Price Performance

Shares of Fair Isaac stock opened at $1,867.49 on Thursday. The business has a fifty day simple moving average of $1,900.41 and a two-hundred day simple moving average 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. The company has a market capitalization of $45.60 billion, a price-to-earnings ratio of 85.70, a P/E/G ratio of 3.27 and a beta of 1.39.

Fair Isaac (NYSE:FICO) last announced its quarterly 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 anticipate that Fair Isaac Co. will post 24.15 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

FICO has been the subject of several analyst reports. Jefferies Financial Group decreased their target price on shares of Fair Isaac from $2,275.00 to $2,175.00 and set a “buy” rating for the company in a research note on Wednesday, February 5th. Needham & Company LLC reissued a “buy” rating and issued a $2,500.00 target price on shares of Fair Isaac in a research note on Wednesday, February 5th. UBS Group decreased their target price on shares of Fair Isaac from $2,250.00 to $2,100.00 and set a “neutral” rating for the company in a research note on Monday, January 27th. Oppenheimer decreased 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 research note on Tuesday, January 7th. Finally, JPMorgan Chase & Co. initiated coverage on shares of Fair Isaac in a research note on Friday, December 20th. They issued a “neutral” rating and a $2,150.00 target price for the company. Four 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 stock currently has an average rating of “Moderate Buy” and an average price target of $2,088.15.

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.