5,973 Shares in Fair Isaac Co. (NYSE:FICO) Purchased by Castlekeep Investment Advisors LLC

Castlekeep Investment Advisors LLC bought a new stake in shares of Fair Isaac Co. (NYSE:FICO - Free Report) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund bought 5,973 shares of the technology company's stock, valued at approximately $11,892,000.

Other large investors also recently made changes to their positions in the company. Caxton Associates LP raised its position in Fair Isaac by 81.1% in the 4th quarter. Caxton Associates LP now owns 1,521 shares of the technology company's stock valued at $3,028,000 after buying an additional 681 shares during the last quarter. BNP Paribas Financial Markets lifted its position in shares of Fair Isaac by 19.5% in the fourth quarter. BNP Paribas Financial Markets now owns 45,900 shares of the technology company's stock worth $91,384,000 after purchasing an additional 7,494 shares in the last quarter. Aristeia Capital L.L.C. acquired a new position in Fair Isaac during the fourth quarter worth $323,000. Meiji Yasuda Life Insurance Co grew its position in Fair Isaac by 1.0% in the fourth quarter. Meiji Yasuda Life Insurance Co now owns 608 shares of the technology company's stock valued at $1,210,000 after purchasing an additional 6 shares in the last quarter. Finally, Itau Unibanco Holding S.A. increased its stake in Fair Isaac by 600.0% in the 4th quarter. Itau Unibanco Holding S.A. now owns 28 shares of the technology company's stock valued at $56,000 after buying an additional 24 shares during 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 analyst reports. Needham & Company LLC restated a "buy" rating and set a $2,500.00 price objective on shares of Fair Isaac in a report on Wednesday, April 30th. Jefferies Financial Group lowered their price objective on Fair Isaac from $2,275.00 to $2,175.00 and set a "buy" rating on the stock in a research report on Wednesday, February 5th. Raymond James upped their price target on shares of Fair Isaac from $2,030.00 to $2,230.00 and gave the company an "outperform" rating in a research note on Wednesday, April 30th. 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 for the company in a research note on Wednesday, February 5th. Finally, Robert W. Baird raised their target price on shares of Fair Isaac from $1,775.00 to $1,837.00 and gave the stock a "neutral" rating in a report on Wednesday, April 30th. Three equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the company. According to MarketBeat, Fair Isaac currently has an average rating of "Moderate Buy" and an average target price of $2,277.46.

Insider Buying and Selling

In related news, CEO William J. Lansing sold 4,092 shares of the company's stock in a transaction dated 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 sale, the chief executive officer now owns 42,138 shares in the company, valued at $72,801,401.22. This represents a 8.85 % 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, EVP Thomas A. Bowers sold 4,077 shares of the firm's stock in a transaction that occurred on Friday, May 2nd. The stock was sold at an average price of $2,057.05, for a total transaction of $8,386,592.85. Following the sale, the executive vice president now directly owns 9,974 shares of the company's stock, valued at approximately $20,517,016.70. This trade represents a 29.02 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 17,135 shares of company stock valued at $31,505,623 in the last three months. Insiders own 3.46% of the company's stock.

Fair Isaac Stock Performance

Shares of FICO traded up $36.12 during trading hours on Wednesday, reaching $2,096.98. The stock had a trading volume of 159,907 shares, compared to its average volume of 178,294. The stock has a market capitalization of $51.04 billion, a PE ratio of 96.24, a PEG ratio of 3.27 and a beta of 1.40. Fair Isaac Co. has a 12 month low of $1,238.69 and a 12 month high of $2,402.52. The company's 50-day moving average is $1,870.04 and its two-hundred day moving average is $1,979.14.

Fair Isaac (NYSE:FICO - Get Free Report) last released its quarterly earnings results on Tuesday, April 29th. The technology company reported $7.81 earnings per share for the quarter, topping the consensus estimate of $7.33 by $0.48. The company had revenue of $498.74 million for the quarter, compared to analysts' expectations of $500.45 million. Fair Isaac had a negative return on equity of 53.40% and a net margin of 30.66%. The business's quarterly revenue was up 15.0% compared to the same quarter last year. During the same period in the previous year, the business posted $6.14 earnings per share. Equities analysts anticipate that Fair Isaac Co. will post 24.15 earnings per share for the current fiscal year.

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.