Quantessence Capital LLC Makes New Investment in Fair Isaac Co. (NYSE:FICO)

Quantessence Capital LLC bought a new position in shares of Fair Isaac Co. (NYSE:FICO - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 266 shares of the technology company's stock, valued at approximately $530,000.

A number of other institutional investors have also recently modified their holdings of the business. Donoghue Forlines LLC acquired a new stake in Fair Isaac in the 4th quarter worth about $1,935,000. Czech National Bank raised its position in shares of Fair Isaac by 5.7% in the fourth quarter. Czech National Bank now owns 5,280 shares of the technology company's stock valued at $10,512,000 after buying an additional 286 shares during the last quarter. Barclays PLC lifted its stake in shares of Fair Isaac by 24.8% in the third quarter. Barclays PLC now owns 60,521 shares of the technology company's stock worth $117,624,000 after buying an additional 12,038 shares in the last quarter. Brighton Jones LLC boosted its position in Fair Isaac by 168.7% during the fourth quarter. Brighton Jones LLC now owns 481 shares of the technology company's stock worth $958,000 after acquiring an additional 302 shares during the last quarter. Finally, Empirical Financial Services LLC d.b.a. Empirical Wealth Management acquired a new stake in Fair Isaac in the 4th quarter valued at about $394,000. 85.75% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms recently commented on FICO. Needham & Company LLC reaffirmed a "buy" rating and issued a $2,500.00 price target on shares of Fair Isaac in a report on Friday, April 11th. Wells Fargo & Company cut their target price on Fair Isaac from $2,650.00 to $2,600.00 and set an "overweight" rating for the company in a research note on Wednesday, February 5th. UBS Group lowered their price target on shares of Fair Isaac from $2,250.00 to $2,100.00 and set a "neutral" rating on the stock in a research report on Monday, January 27th. Robert W. Baird cut their price objective on shares of Fair Isaac from $1,975.00 to $1,775.00 and set a "neutral" rating for the company in a research report on Wednesday, February 5th. Finally, Bank of America started coverage on shares of Fair Isaac in a report on Thursday, April 10th. They issued a "buy" rating and a $2,800.00 target price on the stock. Three analysts have rated the stock with a hold rating and nine have given a buy rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $2,276.25.

Fair Isaac Price Performance

Shares of NYSE FICO traded down $19.49 during midday trading on Monday, hitting $1,932.83. The company's stock had a trading volume of 49,894 shares, compared to its average volume of 178,446. Fair Isaac Co. has a 1 year low of $1,112.65 and a 1 year high of $2,402.52. The business's fifty day simple moving average is $1,832.51 and its two-hundred day simple moving average is $1,979.12. The firm has a market capitalization of $47.20 billion, a price-to-earnings ratio of 88.60, a price-to-earnings-growth ratio of 3.27 and a beta of 1.37.

Fair Isaac (NYSE:FICO - Get Free Report) last released its earnings results on Tuesday, February 4th. The technology company reported $4.15 EPS for the quarter, missing the consensus estimate of $6.21 by ($2.06). Fair Isaac had a negative return on equity of 53.40% and a net margin of 30.66%. Analysts anticipate that Fair Isaac Co. will post 24.15 EPS for the current fiscal year.

Insider Buying and Selling

In other news, CEO William J. Lansing sold 6,010 shares of Fair Isaac stock in a transaction on Tuesday, February 11th. The shares were sold at an average price of $1,804.23, for a total transaction of $10,843,422.30. Following the completion of the sale, the chief executive officer now directly owns 42,138 shares of the company's stock, valued at approximately $76,026,643.74. The trade was a 12.48 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders sold 13,058 shares of company stock worth $23,119,030 over the last 90 days. 3.46% of the stock is owned by insiders.

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.