Pinkerton Retirement Specialists LLC Acquires 244 Shares of Fair Isaac Co. (NYSE:FICO)

Pinkerton Retirement Specialists LLC raised its position in Fair Isaac Co. (NYSE:FICO - Free Report) by 183.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 377 shares of the technology company's stock after purchasing an additional 244 shares during the quarter. Pinkerton Retirement Specialists LLC's holdings in Fair Isaac were worth $751,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of FICO. Resonant Capital Advisors LLC lifted its position in shares of Fair Isaac by 2.0% during the 4th quarter. Resonant Capital Advisors LLC now owns 306 shares of the technology company's stock worth $609,000 after purchasing an additional 6 shares during the last quarter. Mather Group LLC. grew its position in Fair Isaac by 5.2% during the 4th quarter. Mather Group LLC. now owns 122 shares of the technology company's stock worth $243,000 after acquiring an additional 6 shares during the last quarter. D.A. Davidson & CO. grew its position in Fair Isaac by 1.0% during the 4th quarter. D.A. Davidson & CO. now owns 621 shares of the technology company's stock worth $1,236,000 after acquiring an additional 6 shares during the last quarter. Ashton Thomas Private Wealth LLC boosted its position in Fair Isaac by 1.5% in the 4th quarter. Ashton Thomas Private Wealth LLC now owns 403 shares of the technology company's stock valued at $802,000 after buying an additional 6 shares during the last quarter. Finally, Meiji Yasuda Life Insurance Co boosted its position in Fair Isaac by 1.0% in the 4th quarter. Meiji Yasuda Life Insurance Co now owns 608 shares of the technology company's stock valued at $1,210,000 after buying an additional 6 shares during the last quarter. Hedge funds and other institutional investors own 85.75% of the company's stock.

Insider Transactions at Fair Isaac

In other Fair Isaac news, CEO William J. Lansing sold 592 shares of the stock in a transaction that occurred on Tuesday, May 13th. The shares were sold at an average price of $2,170.34, for a total value of $1,284,841.28. Following the completion of the sale, the chief executive officer now owns 42,138 shares of the company's stock, valued at $91,453,786.92. This trade represents a 1.39% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Thomas A. Bowers sold 4,077 shares of the firm's stock in a transaction on Friday, May 2nd. The stock was sold at an average price of $2,057.05, for a total value of $8,386,592.85. Following the transaction, the executive vice president now owns 9,974 shares in the company, valued at $20,517,016.70. This trade represents a 29.02% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 17,933 shares of company stock valued at $35,250,629 in the last ninety days. 3.46% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several analysts recently commented on FICO shares. Bank of America started coverage on Fair Isaac in a research note on Thursday, April 10th. They set a "buy" rating and a $2,800.00 price objective on the stock. Jefferies Financial Group restated a "buy" rating and set a $2,500.00 price objective (up previously from $2,225.00) on shares of Fair Isaac in a report on Wednesday, May 14th. Raymond James reiterated an "outperform" rating on shares of Fair Isaac in a research note on Wednesday, May 21st. Wells Fargo & Company lowered their price target on shares of Fair Isaac from $2,650.00 to $2,600.00 and set an "overweight" rating for the company in a report on Wednesday, February 5th. Finally, Needham & Company LLC upped their price target on shares of Fair Isaac from $2,500.00 to $2,575.00 and gave the stock a "buy" rating in a report on Monday, May 12th. Three research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $2,299.31.

Fair Isaac Trading Down 8.9%

FICO stock traded down $151.13 during trading on Tuesday, reaching $1,543.23. 383,998 shares of the stock were exchanged, compared to its average volume of 181,527. The business has a 50 day moving average price of $1,919.43 and a 200-day moving average price of $1,974.62. Fair Isaac Co. has a 1 year low of $1,266.72 and a 1 year high of $2,402.52. The firm has a market capitalization of $37.57 billion, a price-to-earnings ratio of 70.46, a P/E/G ratio of 3.27 and a beta of 1.40.

Fair Isaac (NYSE:FICO - Get Free Report) last issued its quarterly earnings data 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 business had revenue of $498.74 million during the quarter, compared to the consensus estimate of $500.45 million. Fair Isaac had a net margin of 30.66% and a negative return on equity of 53.40%. The company's revenue was up 15.0% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $6.14 EPS. On average, research analysts anticipate that Fair Isaac Co. will post 24.15 EPS for the current year.

About Fair Isaac

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.