Tema Etfs LLC Acquires New Stake in Fair Isaac Co. (NYSE:FICO)

Tema Etfs LLC purchased a new position in Fair Isaac Co. (NYSE:FICO - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 521 shares of the technology company's stock, valued at approximately $1,037,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Barclays PLC increased its position in Fair Isaac by 24.8% during the third quarter. Barclays PLC now owns 60,521 shares of the technology company's stock worth $117,624,000 after purchasing an additional 12,038 shares during the last quarter. JPMorgan Chase & Co. grew its stake in shares of Fair Isaac by 1.1% in the third quarter. JPMorgan Chase & Co. now owns 673,242 shares of the technology company's stock worth $1,308,460,000 after acquiring an additional 7,466 shares in the last quarter. Brookstone Capital Management purchased a new stake in shares of Fair Isaac during the fourth quarter worth approximately $206,000. Park Avenue Securities LLC raised its stake in Fair Isaac by 3.8% in the fourth quarter. Park Avenue Securities LLC now owns 469 shares of the technology company's stock valued at $934,000 after buying an additional 17 shares in the last quarter. Finally, Hennion & Walsh Asset Management Inc. boosted its holdings in Fair Isaac by 12.1% in the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 898 shares of the technology company's stock valued at $1,788,000 after purchasing an additional 97 shares in the last quarter. 85.75% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on FICO. Wells Fargo & Company dropped their price objective on Fair Isaac from $2,650.00 to $2,600.00 and set an "overweight" rating on the stock in a report on Wednesday, February 5th. Needham & Company LLC boosted their target price on Fair Isaac from $2,500.00 to $2,575.00 and gave the stock a "buy" rating in a research report on Monday, May 12th. Robert W. Baird raised their price objective on Fair Isaac from $1,775.00 to $1,837.00 and gave the company a "neutral" rating in a research note on Wednesday, April 30th. Raymond James upped their price objective on Fair Isaac from $2,030.00 to $2,230.00 and gave the company an "outperform" rating in a research report on Wednesday, April 30th. Finally, Jefferies Financial Group restated a "buy" rating and issued a $2,500.00 price target (up previously from $2,225.00) on shares of Fair Isaac in a report on Wednesday, May 14th. Three investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $2,299.31.

Insider Buying and Selling at Fair Isaac

In other Fair Isaac news, EVP Thomas A. Bowers sold 4,077 shares of the company'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 completion of the sale, the executive vice president now 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 legal filing with the SEC, which is accessible through this hyperlink. Also, CEO William J. Lansing sold 2,956 shares of the company's stock in a transaction dated Tuesday, April 8th. The shares were sold at an average price of $1,761.13, for a total value of $5,205,900.28. Following the completion of the sale, the chief executive officer now owns 42,138 shares of the company's stock, valued at $74,210,495.94. This represents a 6.56% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 17,933 shares of company stock valued at $35,250,629. 3.46% of the stock is currently owned by company insiders.

Fair Isaac Trading Down 15.7%

FICO traded down $318.60 on Wednesday, hitting $1,708.40. 940,936 shares of the stock traded hands, compared to its average volume of 178,690. The business has a fifty day moving average price of $1,930.06 and a two-hundred day moving average price of $1,987.21. The firm has a market capitalization of $41.59 billion, a PE ratio of 78.40, a P/E/G ratio of 3.27 and a beta of 1.40. Fair Isaac Co. has a 52 week low of $1,266.72 and a 52 week high of $2,402.52.

Fair Isaac (NYSE:FICO - Get Free Report) last released its quarterly earnings data on Tuesday, April 29th. The technology company reported $7.81 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $7.33 by $0.48. The business 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%. Fair Isaac's quarterly revenue was up 15.0% on a year-over-year basis. During the same period in the previous year, the business 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 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.