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Fair Isaac Co. (NYSE:FICO) Shares Purchased by Vise Technologies Inc.

Fair Isaac logo with Computer and Technology background

Vise Technologies Inc. boosted its position in Fair Isaac Co. (NYSE:FICO - Free Report) by 143.3% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 382 shares of the technology company's stock after acquiring an additional 225 shares during the period. Vise Technologies Inc.'s holdings in Fair Isaac were worth $761,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Rakuten Securities Inc. boosted its holdings 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 purchasing an additional 8 shares during the last quarter. Pinnacle Holdings LLC acquired a new position in shares of Fair Isaac in the 4th quarter valued at $26,000. Avalon Trust Co acquired a new position in shares of Fair Isaac in the 4th quarter valued at $40,000. OFI Invest Asset Management acquired a new position in shares of Fair Isaac in the 4th quarter valued at $42,000. Finally, Colonial Trust Co SC boosted its holdings in shares of Fair Isaac by 71.4% in the 4th 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 owned by hedge funds and other institutional investors.

Analyst Ratings Changes

FICO has been the topic of a number of research analyst reports. Barclays decreased their price target on shares of 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. Needham & Company LLC lifted their target price on shares of Fair Isaac from $2,500.00 to $2,575.00 and gave the company a "buy" rating in a report on Monday, May 12th. Wells Fargo & Company reduced their target price on shares of 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. Raymond James restated an "outperform" rating on shares of Fair Isaac in a report on Wednesday, May 21st. Finally, Jefferies Financial Group restated a "buy" rating and set a $2,500.00 target price (up previously from $2,225.00) on shares of Fair Isaac in a report on Wednesday, May 14th. Two equities research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat.com, Fair Isaac presently has an average rating of "Moderate Buy" and an average price target of $2,304.15.

Check Out Our Latest Stock Report on Fair Isaac

Insider Activity

In other Fair Isaac news, Director Marc F. Mcmorris sold 797 shares of Fair Isaac stock in a transaction on Friday, May 9th. The shares were sold at an average price of $2,087.50, for a total value of $1,663,737.50. Following the completion of the transaction, the director now owns 242 shares of the company's stock, valued at $505,175. The trade was a 76.71% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, CEO William J. Lansing sold 5,419 shares of the 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 sale, the chief executive officer now directly owns 42,730 shares in the company, valued at $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 ninety days, insiders sold 17,933 shares of company stock worth $35,250,629. 3.46% of the stock is currently owned by insiders.

Fair Isaac Trading Up 2.2%

FICO stock traded up $36.71 during trading on Friday, reaching $1,721.71. The stock had a trading volume of 154,225 shares, compared to its average volume of 187,694. The firm has a fifty day moving average price of $1,903.28 and a 200 day moving average price of $1,964.30. The company has a market capitalization of $41.91 billion, a P/E ratio of 78.84, a PEG ratio of 3.27 and a beta of 1.40. Fair Isaac Co. has a 1-year low of $1,266.72 and a 1-year high of $2,402.52.

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, beating the consensus estimate of $7.33 by $0.48. Fair Isaac had a negative return on equity of 53.40% and a net margin of 30.66%. The firm had revenue of $498.74 million during the quarter, compared to analyst estimates of $500.45 million. During the same period in the previous year, the company earned $6.14 earnings per share. Fair Isaac's quarterly revenue was up 15.0% on a year-over-year basis. Sell-side analysts predict that Fair Isaac Co. will post 24.15 EPS for the current year.

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.

See Also

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

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