Sivia Capital Partners LLC Takes $239,000 Position in Fair Isaac Co. (NYSE:FICO)

Sivia Capital Partners LLC purchased a new stake in shares of Fair Isaac Co. (NYSE:FICO) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 130 shares of the technology company’s stock, valued at approximately $239,000.

Other institutional investors and hedge funds have also modified their holdings of the company. GAMMA Investing LLC grew its stake in Fair Isaac by 286,768.9% during the 1st quarter. GAMMA Investing LLC now owns 258,182 shares of the technology company’s stock valued at $476,129,000 after acquiring an additional 258,092 shares in the last quarter. Norges Bank purchased a new position in Fair Isaac during the fourth quarter valued at approximately $442,369,000. Wealthfront Advisers LLC grew its position in Fair Isaac by 5,217.6% during the fourth quarter. Wealthfront Advisers LLC now owns 147,031 shares of the technology company’s stock valued at $292,728,000 after purchasing an additional 144,266 shares in the last quarter. Proficio Capital Partners LLC purchased a new position in Fair Isaac during the fourth quarter valued at approximately $261,610,000. Finally, Arrowstreet Capital Limited Partnership grew its holdings in shares of Fair Isaac by 376.1% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 161,628 shares of the technology company’s stock valued at $321,790,000 after acquiring an additional 127,679 shares in the last quarter. Hedge funds and other institutional investors own 85.75% of the company’s stock.

Fair Isaac Trading Up 0.2%

NYSE:FICO opened at $1,775.26 on Monday. The firm has a market capitalization of $43.21 billion, a PE ratio of 81.47, a PEG ratio of 3.27 and a beta of 1.29. The firm’s fifty day simple moving average is $1,889.21 and its 200 day simple moving average is $1,936.09. Fair Isaac Co. has a 1 year low of $1,287.99 and a 1 year high of $2,402.52.

Fair Isaac (NYSE:FICO) last announced its quarterly earnings data on Tuesday, April 29th. The technology company reported $7.81 earnings per share (EPS) for the quarter, topping the consensus estimate of $7.33 by $0.48. Fair Isaac had a net margin of 30.66% and a negative return on equity of 53.40%. The business had revenue of $498.74 million for the quarter, compared to the consensus estimate of $500.45 million. During the same quarter last year, the company posted $6.14 earnings per share. Fair Isaac’s quarterly revenue was up 15.0% on a year-over-year basis. As a group, analysts anticipate that Fair Isaac Co. will post 24.15 EPS for the current fiscal year.

Wall Street Analyst Weigh In

FICO has been the topic of several research analyst reports. Bank of America assumed coverage on shares of Fair Isaac in a report on Thursday, April 10th. They set a “buy” rating and a $2,800.00 price target on the stock. Needham & Company LLC boosted their target price on Fair Isaac from $2,500.00 to $2,575.00 and gave the company a “buy” rating in a research note on Monday, May 12th. Royal Bank of Canada upgraded Fair Isaac from a “sector perform” rating to an “outperform” rating and increased their price objective for the stock from $2,040.00 to $2,170.00 in a report on Wednesday, February 26th. Oppenheimer increased their price objective on Fair Isaac from $2,116.00 to $2,293.00 and gave the stock an “outperform” rating in a report on Thursday, May 8th. Finally, Barclays dropped their price objective on Fair Isaac from $2,350.00 to $2,250.00 and set an “overweight” rating on the stock in a report on Friday, April 4th. Two equities research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, Fair Isaac presently has an average rating of “Moderate Buy” and an average target price of $2,304.15.

Insiders Place Their Bets

In other news, CEO William J. Lansing sold 2,956 shares of Fair Isaac stock in a transaction dated Tuesday, April 8th. The shares were sold at an average price of $1,761.13, for a total transaction of $5,205,900.28. Following the sale, the chief executive officer now directly owns 42,138 shares in the company, valued at approximately $74,210,495.94. The trade was a 6.56% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Thomas A. Bowers sold 4,077 shares of Fair Isaac stock in a transaction that occurred on Friday, May 2nd. The shares were sold at an average price of $2,057.05, for a total value of $8,386,592.85. Following the sale, the executive vice president now directly owns 9,974 shares in the company, valued at $20,517,016.70. The trade was a 29.02% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 17,933 shares of company stock worth $35,250,629 over the last 90 days. Corporate insiders own 3.46% of the company’s stock.

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.