880 Shares in Fair Isaac Co. (NYSE:FICO) Purchased by Everence Capital Management Inc.

Everence Capital Management Inc. acquired a new position in Fair Isaac Co. (NYSE:FICO - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 880 shares of the technology company's stock, valued at approximately $1,024,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Johnson Investment Counsel Inc. grew its position in Fair Isaac by 0.3% during the third quarter. Johnson Investment Counsel Inc. now owns 3,412 shares of the technology company's stock valued at $2,963,000 after buying an additional 11 shares during the period. KB Financial Partners LLC grew its position in Fair Isaac by 26.2% during the third quarter. KB Financial Partners LLC now owns 53 shares of the technology company's stock valued at $46,000 after buying an additional 11 shares during the period. Huntington National Bank grew its position in Fair Isaac by 14.3% during the third quarter. Huntington National Bank now owns 96 shares of the technology company's stock valued at $83,000 after buying an additional 12 shares during the period. Alcosta Capital Management Inc. grew its position in Fair Isaac by 0.4% during the third quarter. Alcosta Capital Management Inc. now owns 3,291 shares of the technology company's stock valued at $2,858,000 after buying an additional 12 shares during the period. Finally, CWM LLC lifted its holdings in Fair Isaac by 8.1% during the third quarter. CWM LLC now owns 174 shares of the technology company's stock valued at $151,000 after purchasing an additional 13 shares in the last quarter. Institutional investors and hedge funds own 85.75% of the company's stock.

Insider Buying and Selling at Fair Isaac

In other Fair Isaac news, CEO William J. Lansing sold 8,000 shares of the stock in a transaction that occurred on Tuesday, March 19th. The shares were sold at an average price of $1,225.93, for a total value of $9,807,440.00. Following the sale, the chief executive officer now directly owns 20,638 shares of the company's stock, valued at approximately $25,300,743.34. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Insiders own 3.54% of the company's stock.

Fair Isaac Trading Up 0.1 %

FICO traded up $1.55 during trading hours on Wednesday, hitting $1,154.25. 175,729 shares of the company's stock were exchanged, compared to its average volume of 165,150. Fair Isaac Co. has a 12-month low of $686.08 and a 12-month high of $1,349.75. The firm has a 50 day moving average of $1,257.07 and a 200 day moving average of $1,136.65. The firm has a market cap of $28.68 billion, a P/E ratio of 64.52, a price-to-earnings-growth ratio of 2.55 and a beta of 1.21.

Fair Isaac (NYSE:FICO - Get Free Report) last announced its earnings results on Thursday, January 25th. The technology company reported $3.87 earnings per share for the quarter, topping the consensus estimate of $3.76 by $0.11. Fair Isaac had a net margin of 29.20% and a negative return on equity of 57.80%. The firm had revenue of $382.06 million for the quarter, compared to the consensus estimate of $386.55 million. As a group, research analysts expect that Fair Isaac Co. will post 19.95 EPS for the current fiscal year.

Analysts Set New Price Targets

FICO has been the topic of several recent analyst reports. Royal Bank of Canada reaffirmed a "sector perform" rating and set a $1,350.00 price objective on shares of Fair Isaac in a report on Friday, January 26th. Raymond James raised their price target on shares of Fair Isaac from $1,214.00 to $1,400.00 and gave the stock an "outperform" rating in a research note on Friday, January 26th. Redburn Atlantic assumed coverage on shares of Fair Isaac in a research note on Tuesday. They issued a "neutral" rating and a $1,113.00 price target on the stock. Jefferies Financial Group raised their price target on shares of Fair Isaac from $1,210.00 to $1,450.00 and gave the stock a "buy" rating in a research note on Wednesday, January 17th. Finally, Barclays raised their price target on shares of Fair Isaac from $1,234.00 to $1,500.00 and gave the stock an "overweight" rating in a research note on Friday, January 26th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and six have given a buy rating to the company. According to data from MarketBeat.com, Fair Isaac has a consensus rating of "Moderate Buy" and a consensus target price of $1,180.45.

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.