Headlands Technologies LLC Invests $1.29 Million in Fair Isaac Co. (NYSE:FICO)

Headlands Technologies LLC acquired a new stake in shares of Fair Isaac Co. (NYSE:FICO) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 649 shares of the technology company’s stock, valued at approximately $1,292,000.

A number of other hedge funds have also bought and sold shares of FICO. Rakuten Securities Inc. grew its holdings in shares of Fair Isaac by 160.0% during the fourth quarter. Rakuten Securities Inc. now owns 13 shares of the technology company’s stock valued at $26,000 after purchasing an additional 8 shares during the last quarter. Berbice Capital Management LLC acquired a new stake in shares of Fair Isaac in the 4th quarter worth approximately $40,000. Avalon Trust Co bought a new position in shares of Fair Isaac in the fourth quarter valued at approximately $40,000. OFI Invest Asset Management bought a new stake in shares of Fair Isaac in the 4th quarter worth $42,000. Finally, Versant Capital Management Inc boosted its holdings in shares of Fair Isaac by 500.0% in the fourth quarter. Versant Capital Management Inc now owns 24 shares of the technology company’s stock worth $48,000 after buying an additional 20 shares during the period. 85.75% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts have recently commented on the company. Jefferies Financial Group decreased their target price on Fair Isaac from $2,275.00 to $2,175.00 and set a “buy” rating for the company in a research report on Wednesday, February 5th. Oppenheimer lowered their target price on Fair Isaac from $2,515.00 to $2,409.00 and set an “outperform” rating on the stock in a research note on Tuesday, January 7th. The Goldman Sachs Group raised 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 dropped their price objective on shares of Fair Isaac from $2,650.00 to $2,600.00 and set an “overweight” rating on the stock in a research note on Wednesday, February 5th. Finally, 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 company from $2,040.00 to $2,170.00 in a report on Wednesday, February 26th. Four research analysts have rated the stock with a hold rating and nine have given a buy rating to the company. Based on data from MarketBeat.com, Fair Isaac has a consensus rating of “Moderate Buy” and a consensus target price of $2,088.15.

Fair Isaac Stock Up 1.2 %

Shares of FICO stock opened at $1,866.59 on Wednesday. The firm has a market cap of $45.58 billion, a PE ratio of 85.66, a P/E/G ratio of 3.27 and a beta of 1.41. Fair Isaac Co. has a 12 month low of $1,105.65 and a 12 month high of $2,402.52. The company’s fifty day simple moving average is $1,826.95 and its 200-day simple moving average is $1,991.73.

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 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%. On average, equities analysts predict that Fair Isaac Co. will post 24.15 earnings per share for the current fiscal year.

Insider Activity

In other Fair Isaac news, CEO William J. Lansing sold 4,092 shares of the firm’s stock in a transaction on Tuesday, March 11th. The stock was sold at an average price of $1,727.69, for a total transaction of $7,069,707.48. Following the completion of the sale, the chief executive officer now owns 42,138 shares of the company’s stock, valued at $72,801,401.22. This trade represents a 8.85 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Steven P. Weber sold 139 shares of the company’s stock in a transaction on Thursday, January 9th. The shares were sold at an average price of $1,964.42, for a total transaction of $273,054.38. Following the completion of the transaction, the chief financial officer now owns 2,478 shares in the company, valued at approximately $4,867,832.76. This represents a 5.31 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 10,241 shares of company stock valued at $18,186,184. 3.46% of the stock is owned by company 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.