Lindbrook Capital LLC Acquires 15 Shares of Fair Isaac Co. (NYSE:FICO)

Lindbrook Capital LLC raised its holdings in shares of Fair Isaac Co. (NYSE:FICO) by 33.3% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 60 shares of the technology company’s stock after acquiring an additional 15 shares during the period. Lindbrook Capital LLC’s holdings in Fair Isaac were worth $70,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in FICO. CWM LLC raised its position in shares of Fair Isaac by 8.1% during the 3rd quarter. CWM LLC now owns 174 shares of the technology company’s stock valued at $151,000 after acquiring an additional 13 shares during the last quarter. Global Retirement Partners LLC grew its holdings in shares of Fair Isaac by 154.8% in the 3rd quarter. Global Retirement Partners LLC now owns 186 shares of the technology company’s stock valued at $160,000 after buying an additional 113 shares during the period. Meridian Wealth Management LLC acquired a new position in shares of Fair Isaac in the 3rd quarter valued at $568,000. Exchange Traded Concepts LLC grew its holdings in shares of Fair Isaac by 30.1% in the 3rd quarter. Exchange Traded Concepts LLC now owns 2,162 shares of the technology company’s stock valued at $1,878,000 after buying an additional 500 shares during the period. Finally, Koshinski Asset Management Inc. acquired a new position in shares of Fair Isaac in the 3rd quarter valued at $208,000. Institutional investors own 85.75% of the company’s stock.

Fair Isaac Price Performance

Shares of NYSE:FICO opened at $1,193.03 on Thursday. The company’s 50-day moving average price is $1,243.37 and its two-hundred day moving average price is $1,147.33. Fair Isaac Co. has a one year low of $708.00 and a one year high of $1,349.75. The stock has a market capitalization of $29.65 billion, a PE ratio of 66.69, a price-to-earnings-growth ratio of 2.63 and a beta of 1.21.

Fair Isaac (NYSE:FICO) last issued its quarterly earnings results on Thursday, January 25th. The technology company reported $3.87 EPS for the quarter, topping the consensus estimate of $3.76 by $0.11. Fair Isaac had a net margin of 29.20% and a negative return on equity of 57.80%. The firm had revenue of $382.06 million for the quarter, compared to analysts’ expectations of $386.55 million. On average, analysts anticipate that Fair Isaac Co. will post 19.95 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on FICO shares. Barclays boosted their price target on shares of Fair Isaac from $1,234.00 to $1,500.00 and gave the company an “overweight” rating in a report on Friday, January 26th. Royal Bank of Canada reissued a “sector perform” rating and issued a $1,350.00 price target on shares of Fair Isaac in a report on Friday, January 26th. Jefferies Financial Group boosted their price target on shares of Fair Isaac from $1,210.00 to $1,450.00 and gave the company a “buy” rating in a report on Wednesday, January 17th. Needham & Company LLC reissued a “buy” rating and issued a $1,500.00 price target on shares of Fair Isaac in a report on Monday. Finally, Redburn Atlantic initiated coverage on shares of Fair Isaac in a research note on Tuesday, April 16th. They issued a “neutral” rating and a $1,113.00 target price for the company. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat.com, Fair Isaac has a consensus rating of “Moderate Buy” and a consensus price target of $1,180.45.

Insiders Place Their Bets

In other Fair Isaac news, CEO William J. Lansing sold 8,000 shares of the business’s stock in a transaction dated Tuesday, March 19th. The shares were sold at an average price of $1,225.93, for a total transaction of $9,807,440.00. Following the sale, the chief executive officer now directly owns 20,638 shares of the company’s stock, valued at approximately $25,300,743.34. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Insiders have sold 24,000 shares of company stock valued at $29,011,120 in the last three months. 3.54% of the stock is currently owned by corporate insiders.

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.