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

Castlekeep Investment Advisors LLC acquired a new position in Fair Isaac Co. (NYSE:FICO - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 5,973 shares of the technology company's stock, valued at approximately $11,892,000. Fair Isaac makes up about 1.9% of Castlekeep Investment Advisors LLC's investment portfolio, making the stock its 11th biggest position.

Other large investors have also modified their holdings of the company. Toronto Dominion Bank boosted its stake in Fair Isaac by 43.5% in the 4th quarter. Toronto Dominion Bank now owns 13,078 shares of the technology company's stock worth $26,038,000 after purchasing an additional 3,965 shares in the last quarter. University of Texas Texas AM Investment Management Co. raised its holdings in shares of Fair Isaac by 65.6% in the fourth quarter. University of Texas Texas AM Investment Management Co. now owns 1,088 shares of the technology company's stock worth $2,166,000 after buying an additional 431 shares during the last quarter. GTS Securities LLC lifted its stake in shares of Fair Isaac by 32.3% during the fourth quarter. GTS Securities LLC now owns 262 shares of the technology company's stock worth $522,000 after buying an additional 64 shares during the period. Vise Technologies Inc. lifted its stake in shares of Fair Isaac by 143.3% during the fourth quarter. Vise Technologies Inc. now owns 382 shares of the technology company's stock worth $761,000 after buying an additional 225 shares during the period. Finally, Connecticut Wealth Management LLC grew its holdings in shares of Fair Isaac by 3.7% during the fourth quarter. Connecticut Wealth Management LLC now owns 479 shares of the technology company's stock valued at $954,000 after buying an additional 17 shares during the last quarter. Hedge funds and other institutional investors own 85.75% of the company's stock.

Wall Street Analyst Weigh In

FICO has been the subject of a number of research analyst reports. Needham & Company LLC raised their target price on Fair Isaac from $2,500.00 to $2,575.00 and gave the stock a "buy" rating in a research note on Monday, May 12th. Barclays cut their price objective on Fair Isaac from $2,350.00 to $2,250.00 and set an "overweight" rating on the stock in a report on Friday, April 4th. Oppenheimer lifted their target price on Fair Isaac from $2,116.00 to $2,293.00 and gave the stock an "outperform" rating in a report on Thursday, May 8th. Royal Bank of Canada upgraded Fair Isaac from a "sector perform" rating to an "outperform" rating and upped their target price for the company from $2,040.00 to $2,170.00 in a research report on Wednesday, February 26th. Finally, Jefferies Financial Group reissued a "buy" rating and set a $2,500.00 price target (up from $2,225.00) on shares of Fair Isaac in a research report on Wednesday, May 14th. Three analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. According to data from MarketBeat.com, Fair Isaac has a consensus rating of "Moderate Buy" and an average target price of $2,299.31.

Insider Transactions at Fair Isaac

In other Fair Isaac news, EVP Thomas A. Bowers sold 4,077 shares of the business's stock in a transaction on Friday, May 2nd. The shares were 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 in the company, valued at approximately $20,517,016.70. The trade was a 29.02% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO William J. Lansing sold 5,419 shares of the company's stock in a transaction on Tuesday, May 13th. The stock was sold at an average price of $2,147.97, for a total transaction of $11,639,849.43. Following the transaction, the chief executive officer now directly owns 42,730 shares in the company, valued at approximately $91,782,758.10. This trade represents a 11.25% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 17,933 shares of company stock worth $35,250,629. Company insiders own 3.46% of the company's stock.

Fair Isaac Stock Performance

Fair Isaac stock traded down $194.19 during midday trading on Tuesday, hitting $1,500.17. 999,792 shares of the company's stock were exchanged, compared to its average volume of 183,884. The stock has a market cap of $36.52 billion, a price-to-earnings ratio of 68.85, a price-to-earnings-growth ratio of 3.27 and a beta of 1.40. Fair Isaac Co. has a 12-month low of $1,266.72 and a 12-month high of $2,402.52. The firm's 50 day simple moving average is $1,919.43 and its 200 day simple moving average is $1,974.62.

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 (EPS) for the quarter, topping analysts' consensus estimates of $7.33 by $0.48. The firm had revenue of $498.74 million for the quarter, compared to analyst estimates 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 revenue was up 15.0% on a year-over-year basis. During the same quarter last year, the company posted $6.14 earnings per share. On average, equities research analysts forecast that Fair Isaac Co. will post 24.15 EPS for the current fiscal year.

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.