Nebula Research & Development LLC Takes $2.54 Million Position in Fair Isaac Co. (NYSE:FICO)

Nebula Research & Development LLC purchased a new stake in shares of Fair Isaac Co. (NYSE:FICO - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 1,276 shares of the technology company's stock, valued at approximately $2,540,000.

Other hedge funds also recently bought and sold shares of the company. Rakuten Securities Inc. grew its position in shares of Fair Isaac by 160.0% during 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 bought a new stake in shares of Fair Isaac during the 4th quarter valued at $26,000. Berbice Capital Management LLC bought a new position in Fair Isaac in the 4th quarter worth $40,000. Avalon Trust Co bought a new position in Fair Isaac in the 4th quarter worth $40,000. Finally, OFI Invest Asset Management bought a new position in Fair Isaac in the 4th quarter worth $42,000. Hedge funds and other institutional investors own 85.75% of the company's stock.

Wall Street Analyst Weigh In

FICO has been the subject of several recent analyst reports. Needham & Company LLC reaffirmed a "buy" rating and issued a $2,500.00 target price on shares of Fair Isaac in a report on Wednesday. Jefferies Financial Group decreased their price objective on shares of Fair Isaac from $2,275.00 to $2,175.00 and set a "buy" rating for the company in a report on Wednesday, February 5th. Bank of America began coverage on shares of Fair Isaac in a research note on Thursday, April 10th. They set a "buy" rating and a $2,800.00 price objective for the company. Raymond James raised their target price on shares of Fair Isaac from $2,030.00 to $2,230.00 and gave the stock an "outperform" rating in a report on Wednesday. Finally, Wells Fargo & Company reduced their price target on Fair Isaac from $2,650.00 to $2,600.00 and set an "overweight" rating for the company in a report on Wednesday, February 5th. Three equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $2,277.46.

Insider Activity

In other Fair Isaac news, CEO William J. Lansing sold 4,092 shares of the company's stock in a transaction on Tuesday, March 11th. The stock was sold at an average price of $1,727.69, for a total value of $7,069,707.48. Following the transaction, the chief executive officer now owns 42,138 shares of the company's stock, valued at approximately $72,801,401.22. This represents a 8.85 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Over the last 90 days, insiders have sold 13,058 shares of company stock valued at $23,119,030. Insiders own 3.46% of the company's stock.

Fair Isaac Stock Up 0.2 %

FICO stock traded up $4.46 on Wednesday, reaching $1,965.96. 101,513 shares of the company's stock were exchanged, compared to its average volume of 204,462. The stock has a fifty day moving average of $1,840.79 and a 200-day moving average of $1,978.31. The firm has a market cap of $48.00 billion, a PE ratio of 90.22, a P/E/G ratio of 3.27 and a beta of 1.37. Fair Isaac Co. has a twelve month low of $1,134.06 and a twelve month high of $2,402.51.

Fair Isaac (NYSE:FICO - Get Free Report) last released its earnings results 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. Fair Isaac had a net margin of 30.66% and a negative return on equity of 53.40%. The firm had revenue of $498.74 million during the quarter, compared to the consensus estimate of $500.45 million. During the same period in the previous year, the firm earned $6.14 earnings per share. Fair Isaac's revenue was up 15.0% compared to the same quarter last year. On average, equities research analysts predict that Fair Isaac Co. will post 24.15 EPS for the current fiscal year.

Fair Isaac 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.