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205 Shares in Fair Isaac Corporation (NYSE:FICO) Acquired by Values First Advisors Inc.

Fair Isaac logo with Computer and Technology background

Values First Advisors Inc. bought a new stake in shares of Fair Isaac Corporation (NYSE:FICO - Free Report) during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 205 shares of the technology company's stock, valued at approximately $378,000.

A number of other large investors also recently added to or reduced their stakes in the business. Rakuten Securities Inc. raised its position in shares of Fair Isaac by 160.0% in the 4th quarter. Rakuten Securities Inc. now owns 13 shares of the technology company's stock valued at $26,000 after acquiring an additional 8 shares during the period. Pinnacle Holdings LLC acquired a new stake in Fair Isaac during the 4th quarter worth approximately $26,000. Avalon Trust Co acquired a new stake in shares of Fair Isaac in the fourth quarter valued at approximately $40,000. OFI Invest Asset Management acquired a new stake in shares of Fair Isaac in the fourth quarter valued at approximately $42,000. Finally, Colonial Trust Co SC raised its holdings in shares of Fair Isaac by 71.4% in the fourth quarter. Colonial Trust Co SC now owns 24 shares of the technology company's stock valued at $48,000 after purchasing an additional 10 shares during the last quarter. 85.75% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on FICO. BMO Capital Markets began coverage on shares of Fair Isaac in a report on Wednesday. They issued an "outperform" rating and a $2,000.00 price objective on the stock. Raymond James Financial reiterated an "outperform" rating on shares of Fair Isaac in a report on Wednesday, May 21st. Barclays lowered their price objective on shares of Fair Isaac from $2,250.00 to $2,000.00 and set an "overweight" rating on the stock in a report on Wednesday. Jefferies Financial Group reissued a "buy" rating and issued a $2,500.00 target price (up from $2,225.00) on shares of Fair Isaac in a research note on Wednesday, May 14th. Finally, Baird R W raised shares of Fair Isaac from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, May 28th. Two equities research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $2,283.54.

Check Out Our Latest Analysis on Fair Isaac

Fair Isaac Stock Down 0.3%

NYSE:FICO traded down $5.18 during trading hours on Thursday, hitting $1,586.55. 527,990 shares of the company traded hands, compared to its average volume of 202,711. The firm's 50-day simple moving average is $1,863.71 and its 200-day simple moving average is $1,868.89. Fair Isaac Corporation has a one year low of $1,484.29 and a one year high of $2,402.52. The company has a market cap of $38.62 billion, a PE ratio of 68.33, a PEG ratio of 2.73 and a beta of 1.28.

Fair Isaac (NYSE:FICO - Get Free Report) last announced 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. Fair Isaac had a negative return on equity of 51.41% and a net margin of 31.36%. The company had revenue of $498.74 million during the quarter, compared to analyst estimates of $500.45 million. During the same quarter last year, the firm posted $6.14 EPS. The firm's revenue for the quarter was up 15.0% on a year-over-year basis. As a group, equities research analysts expect that Fair Isaac Corporation will post 24.15 EPS for the current year.

Fair Isaac announced that its Board of Directors has initiated a share 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 stock through open market purchases. Stock buyback plans are generally an indication that the company's management believes its stock is undervalued.

Insider Buying and Selling

In other news, CEO William J. Lansing sold 6,010 shares of Fair Isaac stock in a transaction dated Tuesday, June 10th. The stock was sold at an average price of $1,767.82, for a total transaction of $10,624,598.20. Following the completion of the sale, the chief executive officer owned 42,138 shares in the company, valued at approximately $74,492,399.16. This trade represents a 12.48% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Thomas A. Bowers sold 4,077 shares of Fair Isaac stock in a transaction dated Friday, May 2nd. The shares were sold at an average price of $2,057.05, for a total value of $8,386,592.85. Following the sale, the executive vice president owned 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 17,895 shares of company stock worth $35,337,869 over the last quarter. 3.46% of the stock is owned by corporate insiders.

Fair Isaac Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Fair Isaac (NYSE:FICO)

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