Pittenger & Anderson Inc. Boosts Stock Position in Fair Isaac Co. (NYSE:FICO)

Pittenger & Anderson Inc. lifted its stake in Fair Isaac Co. (NYSE:FICO) by 42.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 515 shares of the technology company’s stock after acquiring an additional 154 shares during the period. Pittenger & Anderson Inc.’s holdings in Fair Isaac were worth $1,025,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in FICO. J.W. Cole Advisors Inc. boosted its position in shares of Fair Isaac by 15.9% during the 4th quarter. J.W. Cole Advisors Inc. now owns 364 shares of the technology company’s stock valued at $725,000 after acquiring an additional 50 shares during the last quarter. Principal Securities Inc. lifted its position in Fair Isaac by 2.5% during the fourth quarter. Principal Securities Inc. now owns 363 shares of the technology company’s stock valued at $723,000 after purchasing an additional 9 shares during the last quarter. AustralianSuper Pty Ltd grew its stake in Fair Isaac by 40.4% in the 4th quarter. AustralianSuper Pty Ltd now owns 102,858 shares of the technology company’s stock worth $204,783,000 after buying an additional 29,582 shares in the last quarter. Vontobel Holding Ltd. increased its holdings in shares of Fair Isaac by 1.7% in the 4th quarter. Vontobel Holding Ltd. now owns 737 shares of the technology company’s stock worth $1,467,000 after buying an additional 12 shares during the last quarter. Finally, Soltis Investment Advisors LLC purchased a new stake in shares of Fair Isaac during the 4th quarter valued at $2,449,000. 85.75% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on FICO. Barclays upped their price objective on shares of Fair Isaac from $2,150.00 to $2,350.00 and gave the company an “overweight” rating in a research note on Thursday, November 7th. Robert W. Baird cut their price target 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. Oppenheimer decreased their price objective on Fair Isaac from $2,515.00 to $2,409.00 and set an “outperform” rating on the stock in a report on Tuesday, January 7th. Jefferies Financial Group lowered their target price on Fair Isaac from $2,275.00 to $2,175.00 and set a “buy” rating for the company in a research note on Wednesday, February 5th. Finally, JPMorgan Chase & Co. started coverage on Fair Isaac in a research report on Friday, December 20th. They set a “neutral” rating and a $2,150.00 price target on the stock. Five investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. According to MarketBeat.com, Fair Isaac currently has a consensus rating of “Moderate Buy” and a consensus price target of $2,078.15.

Fair Isaac Stock Down 0.4 %

Shares of NYSE FICO opened at $1,795.33 on Tuesday. Fair Isaac Co. has a 52-week low of $1,105.65 and a 52-week high of $2,402.51. The firm’s 50-day moving average price is $1,954.33 and its 200-day moving average price is $1,973.50. The company has a market cap of $43.84 billion, a PE ratio of 82.39, a PEG ratio of 3.61 and a beta of 1.39.

Fair Isaac (NYSE:FICO) last posted its earnings results on Tuesday, February 4th. The technology company reported $4.15 earnings per share for the quarter, missing analysts’ consensus estimates of $6.21 by ($2.06). Fair Isaac had a net margin of 30.66% and a negative return on equity of 53.40%. As a group, equities research analysts anticipate that Fair Isaac Co. will post 23.91 EPS for the current fiscal year.

Insider Transactions at Fair Isaac

In related news, EVP James M. Wehmann sold 3,500 shares of Fair Isaac stock in a transaction that occurred on Thursday, December 5th. The stock was sold at an average price of $2,373.85, for a total transaction of $8,308,475.00. Following the sale, the executive vice president now owns 45,395 shares of the company’s stock, valued at approximately $107,760,920.75. This trade represents a 7.16 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Marc F. Mcmorris sold 520 shares of the stock in a transaction dated Tuesday, December 17th. The shares were sold at an average price of $2,152.57, for a total transaction of $1,119,336.40. Following the transaction, the director now directly owns 242 shares of the company’s stock, valued at $520,921.94. This trade represents a 68.24 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 16,670 shares of company stock valued at $35,253,683 over the last quarter. 3.46% of the stock is currently owned by company insiders.

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.