Roundview Capital LLC Purchases 978 Shares of Fair Isaac Corporation (NYSE:FICO)

Roundview Capital LLC raised its position in shares of Fair Isaac Corporation (NYSE:FICO - Free Report) by 63.1% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,527 shares of the technology company's stock after buying an additional 978 shares during the quarter. Roundview Capital LLC's holdings in Fair Isaac were worth $4,660,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Meiji Yasuda Life Insurance Co grew its holdings in shares of Fair Isaac by 1.0% during 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 during the last quarter. City Holding Co. grew its holdings in Fair Isaac by 11.3% in the 1st quarter. City Holding Co. now owns 59 shares of the technology company's stock worth $109,000 after buying an additional 6 shares in the last quarter. Valeo Financial Advisors LLC grew its holdings in Fair Isaac by 4.4% in the 1st quarter. Valeo Financial Advisors LLC now owns 142 shares of the technology company's stock worth $262,000 after buying an additional 6 shares in the last quarter. Forum Financial Management LP grew its holdings in Fair Isaac by 2.2% in the 1st quarter. Forum Financial Management LP now owns 275 shares of the technology company's stock worth $507,000 after buying an additional 6 shares in the last quarter. Finally, Brighton Jones LLC grew its holdings in Fair Isaac by 1.5% in the 1st quarter. Brighton Jones LLC now owns 488 shares of the technology company's stock worth $900,000 after buying an additional 7 shares in the last quarter. Institutional investors and hedge funds own 85.75% of the company's stock.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on FICO. BMO Capital Markets raised Fair Isaac to a "strong-buy" rating in a report on Thursday, July 10th. Needham & Company LLC set a $1,950.00 price objective on Fair Isaac and gave the stock a "buy" rating in a report on Wednesday, July 16th. Raymond James Financial restated an "outperform" rating on shares of Fair Isaac in a research report on Wednesday, May 21st. Griffin Securities set a $2,000.00 target price on Fair Isaac in a research report on Wednesday, July 9th. Finally, Barclays cut their target price on Fair Isaac from $2,250.00 to $2,000.00 and set an "overweight" rating for the company in a research report on Wednesday, July 9th. Two investment analysts have rated the stock with a hold rating, ten have issued a buy rating and two have given a strong buy rating to the company's stock. According to MarketBeat, Fair Isaac presently has a consensus rating of "Buy" and a consensus target price of $2,218.64.

Insider Activity at Fair Isaac

In other Fair Isaac news, CEO William J. Lansing sold 6,010 shares of the stock in a transaction that occurred on Tuesday, June 10th. The shares were sold at an average price of $1,767.82, for a total transaction of $10,624,598.20. Following the transaction, the chief executive officer owned 42,138 shares in the company, valued at $74,492,399.16. This represents a 12.48% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Steven P. Weber sold 1,000 shares of the stock in a transaction that occurred on Monday, June 9th. The stock was sold at an average price of $1,738.25, for a total transaction of $1,738,250.00. Following the transaction, the chief financial officer owned 1,862 shares in the company, valued at approximately $3,236,621.50. The trade was a 34.94% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 23,906 shares of company stock worth $45,222,913 in the last quarter. Corporate insiders own 3.46% of the company's stock.

Fair Isaac Stock Down 0.3%

FICO traded down $4.41 during trading on Friday, hitting $1,531.39. The company had a trading volume of 134,033 shares, compared to its average volume of 367,389. The firm's 50-day moving average price is $1,727.13 and its 200 day moving average price is $1,828.87. Fair Isaac Corporation has a one year low of $1,477.11 and a one year high of $2,402.51. The company has a market capitalization of $37.27 billion, a PE ratio of 65.95, a PEG ratio of 2.48 and a beta of 1.28.

Fair Isaac (NYSE:FICO - Get Free Report) last issued its quarterly earnings results on Tuesday, April 29th. The technology company reported $7.81 EPS for the quarter, topping the consensus estimate of $7.33 by $0.48. The firm had revenue of $498.74 million for the quarter, compared to analysts' expectations of $500.45 million. Fair Isaac had a net margin of 31.36% and a negative return on equity of 51.41%. The company's revenue for the quarter was up 15.0% on a year-over-year basis. During the same period in the previous year, the firm posted $6.14 EPS. Sell-side analysts forecast that Fair Isaac Corporation will post 24.15 earnings per share for the current year.

Fair Isaac declared that its board has initiated a stock buyback plan on Thursday, June 19th that allows the company to buyback $1.00 billion in shares. This buyback authorization allows the technology company to reacquire up to 2.3% of its shares through open market purchases. Shares buyback plans are typically a sign that the company's board believes its shares are undervalued.

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.