214 Shares in Fair Isaac Co. (NYSE:FICO) Purchased by Enterprise Financial Services Corp

Enterprise Financial Services Corp acquired a new position in shares of Fair Isaac Co. (NYSE:FICO) during the 4th quarter, Holdings Channel.com reports. The fund acquired 214 shares of the technology company’s stock, valued at approximately $249,000.

Other large investors have also recently added to or reduced their stakes in the company. Cornercap Investment Counsel Inc. bought a new stake in Fair Isaac during the fourth quarter worth about $249,000. Patton Fund Management Inc. lifted its holdings in Fair Isaac by 88.1% in the fourth quarter. Patton Fund Management Inc. now owns 4,620 shares of the technology company’s stock valued at $5,378,000 after buying an additional 2,164 shares during the period. SG Americas Securities LLC lifted its holdings in Fair Isaac by 289.0% in the fourth quarter. SG Americas Securities LLC now owns 2,338 shares of the technology company’s stock valued at $2,721,000 after buying an additional 1,737 shares during the period. Barlow Wealth Partners Inc. acquired a new position in Fair Isaac in the fourth quarter valued at approximately $6,251,000. Finally, Merit Financial Group LLC acquired a new position in Fair Isaac in the fourth quarter valued at approximately $200,000. 85.75% of the stock is owned by institutional investors.

Insider Activity at Fair Isaac

In other news, Director Joanna Rees sold 500 shares of Fair Isaac stock in a transaction dated Thursday, May 16th. The shares were sold at an average price of $1,400.00, for a total value of $700,000.00. Following the completion of the transaction, the director now owns 20,118 shares of the company’s stock, valued at approximately $28,165,200. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In other Fair Isaac news, CEO William J. Lansing sold 8,000 shares of Fair Isaac stock in a transaction dated Tuesday, April 16th. The shares were sold at an average price of $1,140.55, for a total value of $9,124,400.00. Following the completion of the sale, the chief executive officer now owns 12,638 shares in the company, valued at approximately $14,414,270.90. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Joanna Rees sold 500 shares of Fair Isaac stock in a transaction dated Thursday, May 16th. The stock was sold at an average price of $1,400.00, for a total transaction of $700,000.00. Following the completion of the sale, the director now owns 20,118 shares of the company’s stock, valued at approximately $28,165,200. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 18,000 shares of company stock valued at $21,561,840. Corporate insiders own 3.54% of the company’s stock.

Fair Isaac Stock Up 0.1 %

Shares of NYSE:FICO traded up $1.51 during midday trading on Thursday, reaching $1,368.15. 46,477 shares of the company were exchanged, compared to its average volume of 183,882. The firm has a market cap of $33.81 billion, a PE ratio of 71.99, a P/E/G ratio of 3.70 and a beta of 1.24. Fair Isaac Co. has a fifty-two week low of $745.45 and a fifty-two week high of $1,451.78. The stock has a fifty day simple moving average of $1,239.05 and a two-hundred day simple moving average of $1,201.69.

Fair Isaac (NYSE:FICO) last released its earnings results on Thursday, April 25th. The technology company reported $5.09 earnings per share for the quarter, beating analysts’ consensus estimates of $4.89 by $0.20. The business had revenue of $433.81 million during the quarter, compared to the consensus estimate of $425.94 million. Fair Isaac had a net margin of 29.99% and a negative return on equity of 62.28%. As a group, analysts forecast that Fair Isaac Co. will post 19.75 earnings per share for the current year.

Analysts Set New Price Targets

Several equities analysts recently weighed in on FICO shares. 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 report on Friday, April 26th. Needham & Company LLC restated a “buy” rating and issued a $1,500.00 price objective on shares of Fair Isaac in a report on Monday, April 22nd. Royal Bank of Canada reiterated a “sector perform” rating and issued a $1,350.00 target price on shares of Fair Isaac in a report on Friday, January 26th. Redburn Atlantic started coverage on shares of Fair Isaac in a report on Tuesday, April 16th. They issued a “neutral” rating and a $1,113.00 target price on the stock. Finally, Barclays increased their target price on shares of Fair Isaac from $1,234.00 to $1,500.00 and gave the stock an “overweight” rating in a 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 issued a buy rating to the company’s stock. According to MarketBeat.com, Fair Isaac has a consensus rating of “Moderate Buy” and an average price target of $1,274.33.

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.