Graham Capital Management L.P. Purchases Shares of 287 Fair Isaac Co. (NYSE:FICO)

Graham Capital Management L.P. purchased a new position in shares of Fair Isaac Co. (NYSE:FICO - Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 287 shares of the technology company's stock, valued at approximately $571,000.

A number of other institutional investors also recently added to or reduced their stakes in FICO. Rakuten Securities Inc. boosted its position in Fair Isaac by 160.0% during the 4th quarter. Rakuten Securities Inc. now owns 13 shares of the technology company's stock worth $26,000 after acquiring an additional 8 shares during the period. Pinnacle Holdings LLC acquired a new stake in shares of Fair Isaac during the fourth quarter worth $26,000. Berbice Capital Management LLC acquired a new stake in shares of Fair Isaac during the fourth quarter worth $40,000. Avalon Trust Co acquired a new stake in shares of Fair Isaac during the fourth quarter worth $40,000. Finally, OFI Invest Asset Management acquired a new stake in shares of Fair Isaac during the fourth quarter worth $42,000. Institutional investors and hedge funds own 85.75% of the company's stock.

Insider Transactions at Fair Isaac

In related news, CEO William J. Lansing sold 2,956 shares of the stock in a transaction that occurred on Tuesday, April 8th. The stock was sold at an average price of $1,761.13, for a total transaction of $5,205,900.28. Following the completion of the sale, the chief executive officer now owns 42,138 shares in the company, valued at $74,210,495.94. This represents a 6.56% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Marc F. Mcmorris sold 797 shares of the stock in a transaction that occurred 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 sale, the director now owns 242 shares of the company's stock, valued at approximately $505,175. The trade was a 76.71% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 17,933 shares of company stock worth $35,250,629. 3.46% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

Several research firms recently weighed in on FICO. Raymond James upped their price target 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. Oppenheimer upped their price target on Fair Isaac from $2,116.00 to $2,293.00 and gave the company an "outperform" rating in a research report on Thursday, May 8th. Royal Bank of Canada raised Fair Isaac from a "sector perform" rating to an "outperform" rating and upped their price target for the company from $2,040.00 to $2,170.00 in a research report on Wednesday, February 26th. Robert W. Baird upped their price target on Fair Isaac from $1,775.00 to $1,837.00 and gave the company a "neutral" rating in a research report on Wednesday, April 30th. Finally, Jefferies Financial Group reissued a "buy" rating and set a $2,500.00 price target (up from $2,225.00) on shares of Fair Isaac in a research report on Wednesday. Three research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. According to data from MarketBeat.com, Fair Isaac presently has an average rating of "Moderate Buy" and a consensus price target of $2,299.31.

Fair Isaac Trading Up 0.9%

NYSE FICO traded up $19.53 on Friday, reaching $2,199.97. The stock had a trading volume of 163,779 shares, compared to its average volume of 175,009. The company has a market capitalization of $53.55 billion, a price-to-earnings ratio of 100.96, a P/E/G ratio of 3.27 and a beta of 1.40. The business has a 50 day moving average price of $1,915.89 and a 200 day moving average price of $1,985.51. 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 released its quarterly earnings results on Tuesday, April 29th. The technology company reported $7.81 earnings per share (EPS) for the quarter, topping the consensus estimate of $7.33 by $0.48. The company had revenue of $498.74 million during the quarter, compared to the consensus estimate of $500.45 million. Fair Isaac had a negative return on equity of 53.40% and a net margin of 30.66%. The firm's revenue was up 15.0% on a year-over-year basis. During the same quarter in the prior year, the company posted $6.14 EPS. On average, analysts anticipate that Fair Isaac Co. will post 24.15 earnings per share for the current fiscal 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.