K.J. Harrison & Partners Inc Buys Shares of 1,000 Fair Isaac Co. (NYSE:FICO)

K.J. Harrison & Partners Inc bought a new position in shares of Fair Isaac Co. (NYSE:FICO - Free Report) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 1,000 shares of the technology company's stock, valued at approximately $1,164,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. CWM LLC boosted its holdings in shares of Fair Isaac by 8.1% in the 3rd quarter. CWM LLC now owns 174 shares of the technology company's stock valued at $151,000 after buying an additional 13 shares in the last quarter. Exchange Traded Concepts LLC boosted its holdings in shares of Fair Isaac by 30.1% in the 3rd quarter. Exchange Traded Concepts LLC now owns 2,162 shares of the technology company's stock valued at $1,878,000 after buying an additional 500 shares in the last quarter. Koshinski Asset Management Inc. bought a new stake in shares of Fair Isaac in the 3rd quarter valued at about $208,000. Czech National Bank boosted its holdings in shares of Fair Isaac by 46.8% in the 3rd quarter. Czech National Bank now owns 4,344 shares of the technology company's stock valued at $3,773,000 after buying an additional 1,385 shares in the last quarter. Finally, Handelsbanken Fonder AB boosted its holdings in shares of Fair Isaac by 33.3% in the 3rd quarter. Handelsbanken Fonder AB now owns 4,107 shares of the technology company's stock valued at $3,567,000 after buying an additional 1,026 shares in the last quarter. 85.75% of the stock is currently owned by institutional investors.

Insider Activity at Fair Isaac

In related news, CEO William J. Lansing sold 8,000 shares of the company's stock in a transaction dated 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 completion of the sale, the chief executive officer now owns 20,638 shares of the company's stock, valued at $25,300,743.34. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Over the last quarter, insiders sold 24,000 shares of company stock valued at $29,011,120. 3.54% of the stock is owned by company insiders.

Fair Isaac Price Performance

Shares of FICO traded down $82.81 during mid-day trading on Friday, reaching $1,110.85. The stock had a trading volume of 440,692 shares, compared to its average volume of 148,743. Fair Isaac Co. has a 52-week low of $714.63 and a 52-week high of $1,349.75. The business's fifty day moving average is $1,237.78 and its 200 day moving average is $1,151.01. The firm has a market cap of $27.60 billion, a price-to-earnings ratio of 58.31, a P/E/G ratio of 2.65 and a beta of 1.21.

Fair Isaac (NYSE:FICO - Get Free Report) last announced its quarterly earnings data on Thursday, January 25th. The technology company reported $3.87 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.76 by $0.11. Fair Isaac had a net margin of 29.99% and a negative return on equity of 62.94%. The firm had revenue of $382.06 million during the quarter, compared to analyst estimates of $386.55 million. As a group, sell-side analysts anticipate that Fair Isaac Co. will post 19.93 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

FICO has been the topic of a number of recent analyst reports. Needham & Company LLC restated a "buy" rating and issued a $1,500.00 price target on shares of Fair Isaac in a report on Monday, April 22nd. Barclays increased their price objective on shares of Fair Isaac from $1,234.00 to $1,500.00 and gave the company an "overweight" rating in a research report on Friday, January 26th. Jefferies Financial Group increased their price objective on shares of Fair Isaac from $1,210.00 to $1,450.00 and gave the company a "buy" rating in a research report on Wednesday, January 17th. Raymond James increased their price objective on shares of Fair Isaac from $1,413.00 to $1,418.00 and gave the company an "outperform" rating in a research report on Friday. Finally, 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. One research analyst has rated the stock with a sell rating, three have issued a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat, Fair Isaac currently has an average rating of "Moderate Buy" and an average price target of $1,182.09.

Fair Isaac Company 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.