Duality Advisers LP Makes New Investment in Fair Isaac Co. (NYSE:FICO)

Duality Advisers LP purchased a new stake in Fair Isaac Co. (NYSE:FICO - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 1,744 shares of the technology company's stock, valued at approximately $2,030,000.

A number of other institutional investors also recently modified their holdings of FICO. Johnson Investment Counsel Inc. raised its holdings 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 worth $2,963,000 after acquiring an additional 11 shares in the last quarter. KB Financial Partners LLC raised its holdings in Fair Isaac by 26.2% during the third quarter. KB Financial Partners LLC now owns 53 shares of the technology company's stock worth $46,000 after acquiring an additional 11 shares in the last quarter. Huntington National Bank raised its holdings in Fair Isaac by 14.3% during the third quarter. Huntington National Bank now owns 96 shares of the technology company's stock worth $83,000 after acquiring an additional 12 shares in the last quarter. Alcosta Capital Management Inc. raised its holdings 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 worth $2,858,000 after acquiring an additional 12 shares in the last quarter. Finally, CWM LLC raised its holdings in Fair Isaac by 8.1% during the third quarter. CWM LLC now owns 174 shares of the technology company's stock worth $151,000 after acquiring an additional 13 shares in the last quarter. 85.75% of the stock is currently owned by institutional investors.

Fair Isaac Stock Performance

Shares of FICO stock traded up $37.74 during trading on Tuesday, hitting $1,188.40. The company had a trading volume of 275,265 shares, compared to its average volume of 167,964. The firm has a market capitalization of $29.53 billion, a P/E ratio of 66.43, a price-to-earnings-growth ratio of 2.50 and a beta of 1.21. The stock's 50-day moving average price is $1,245.39 and its 200 day moving average price is $1,147.01. Fair Isaac Co. has a one year low of $708.00 and a one year high of $1,349.75.

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

Insider Activity at Fair Isaac

In other Fair Isaac news, CEO William J. Lansing sold 8,000 shares of the company's stock in a transaction on Tuesday, March 19th. The stock was sold at an average price of $1,225.93, for a total transaction of $9,807,440.00. Following the completion of the sale, the chief executive officer now directly owns 20,638 shares in the company, valued at $25,300,743.34. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Over the last ninety days, insiders sold 24,000 shares of company stock worth $29,011,120. Company insiders own 3.54% of the company's stock.

Wall Street Analyst Weigh In

FICO has been the topic of several analyst reports. Needham & Company LLC reiterated a "buy" rating and set a $1,500.00 target price on shares of Fair Isaac in a report on Monday. Redburn Atlantic began coverage on Fair Isaac in a research report on Tuesday, April 16th. They set a "neutral" rating and a $1,113.00 price target on the stock. Barclays boosted their price target on Fair Isaac from $1,234.00 to $1,500.00 and gave the stock an "overweight" rating in a research report on Friday, January 26th. Royal Bank of Canada reissued a "sector perform" rating and set a $1,350.00 price target on shares of Fair Isaac in a research report on Friday, January 26th. Finally, Raymond James boosted their price target on Fair Isaac from $1,214.00 to $1,400.00 and gave the stock an "outperform" rating in a research report on Friday, January 26th. One research analyst has rated the stock with a sell rating, three have given a hold rating and six have given a buy rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target 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.