UNIVEST FINANCIAL Corp Purchases 2,195 Shares of Fair Isaac Corporation $FICO

UNIVEST FINANCIAL Corp lifted its position in shares of Fair Isaac Corporation (NYSE:FICO) by 1,728.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,322 shares of the technology company’s stock after buying an additional 2,195 shares during the period. UNIVEST FINANCIAL Corp’s holdings in Fair Isaac were worth $3,475,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Great Lakes Advisors LLC boosted its position in Fair Isaac by 5.7% during the 1st quarter. Great Lakes Advisors LLC now owns 112 shares of the technology company’s stock worth $207,000 after acquiring an additional 6 shares during the last quarter. DAVENPORT & Co LLC raised its holdings in shares of Fair Isaac by 1.0% in the 2nd quarter. DAVENPORT & Co LLC now owns 786 shares of the technology company’s stock valued at $1,437,000 after purchasing an additional 8 shares during the period. Concurrent Investment Advisors LLC lifted its stake in Fair Isaac by 2.7% in the 2nd quarter. Concurrent Investment Advisors LLC now owns 305 shares of the technology company’s stock valued at $558,000 after purchasing an additional 8 shares during the last quarter. Meeder Asset Management Inc. grew its holdings in Fair Isaac by 66.7% during the third quarter. Meeder Asset Management Inc. now owns 20 shares of the technology company’s stock worth $30,000 after purchasing an additional 8 shares during the period. Finally, Parkside Financial Bank & Trust increased its position in Fair Isaac by 5.9% during the third quarter. Parkside Financial Bank & Trust now owns 143 shares of the technology company’s stock worth $214,000 after buying an additional 8 shares during the last quarter. Institutional investors and hedge funds own 85.75% of the company’s stock.

Fair Isaac Stock Performance

NYSE:FICO opened at $1,554.98 on Friday. Fair Isaac Corporation has a 52 week low of $1,300.00 and a 52 week high of $2,217.60. The firm’s 50-day simple moving average is $1,711.94 and its 200 day simple moving average is $1,608.12. The firm has a market cap of $36.95 billion, a price-to-earnings ratio of 58.57, a P/E/G ratio of 1.64 and a beta of 1.30.

Fair Isaac (NYSE:FICO) last announced its earnings results on Thursday, October 30th. The technology company reported $7.74 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $7.36 by $0.38. The firm had revenue of $515.75 million for the quarter, compared to analyst estimates of $512.38 million. Fair Isaac had a net margin of 32.75% and a negative return on equity of 43.97%. The business’s revenue was up 13.6% compared to the same quarter last year. During the same quarter in the prior year, the business posted $6.54 EPS. Sell-side analysts anticipate that Fair Isaac Corporation will post 24.15 EPS for the current year.

Analysts Set New Price Targets

Several research analysts have recently commented on the company. Wells Fargo & Company lifted their target price on Fair Isaac from $2,400.00 to $2,500.00 and gave the stock an “overweight” rating in a research note on Wednesday, January 14th. Needham & Company LLC reaffirmed a “buy” rating and set a $1,950.00 price objective on shares of Fair Isaac in a research report on Thursday, October 2nd. Oppenheimer lowered shares of Fair Isaac from an “outperform” rating to a “market perform” rating in a research report on Monday, October 13th. Robert W. Baird raised their target price on shares of Fair Isaac from $1,900.00 to $1,960.00 and gave the stock an “outperform” rating in a research note on Thursday, November 6th. Finally, Jefferies Financial Group upped their price target on shares of Fair Isaac from $2,100.00 to $2,200.00 and gave the company a “buy” rating in a research note on Friday, January 16th. Nine investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $2,092.15.

Insider Buying and Selling at Fair Isaac

In other Fair Isaac news, CEO William J. Lansing sold 2,400 shares of the company’s stock in a transaction on Monday, November 10th. The stock was sold at an average price of $1,732.88, for a total transaction of $4,158,912.00. Following the completion of the sale, the chief executive officer directly owned 10,933 shares in the company, valued at $18,945,577.04. This represents a 18.00% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Steven P. Weber sold 1,426 shares of Fair Isaac stock in a transaction on Wednesday, December 17th. The shares were sold at an average price of $1,810.00, for a total value of $2,581,060.00. Following the completion of the transaction, the chief financial officer owned 2,804 shares in the company, valued at approximately $5,075,240. The trade was a 33.71% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 4,347 shares of company stock valued at $7,691,229 in the last ninety days. 3.46% of the stock is currently owned by company insiders.

Fair Isaac Company Profile

Fair Isaac Corporation, commonly known as FICO, is a data analytics and software company best known for its FICO Score, a widely used credit-scoring system that helps lenders assess consumer credit risk. Founded in 1956 by Bill Fair and Earl Isaac, the company has evolved from its origins in statistical credit scoring to a broader focus on predictive analytics, decision management and artificial intelligence-driven solutions for financial services and other industries. FICO is headquartered in San Jose, California, and operates globally, serving clients across North America, Latin America, Europe, the Middle East, Africa and the Asia-Pacific region.

FICO’s product portfolio centers on analytics and decisioning technologies.