Nicolet Advisory Services LLC Acquires 30 Shares of Fair Isaac Co. (NYSE:FICO)

Nicolet Advisory Services LLC lifted its holdings in shares of Fair Isaac Co. (NYSE:FICO) by 8.3% in the first quarter, according to its most recent filing with the SEC. The firm owned 392 shares of the technology company’s stock after acquiring an additional 30 shares during the period. Nicolet Advisory Services LLC’s holdings in Fair Isaac were worth $478,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Cornercap Investment Counsel Inc. bought a new stake in shares of Fair Isaac during the fourth quarter worth $249,000. Patton Fund Management Inc. raised its position in shares of Fair Isaac by 88.1% during the fourth quarter. Patton Fund Management Inc. now owns 4,620 shares of the technology company’s stock worth $5,378,000 after purchasing an additional 2,164 shares during the period. Commerce Bank boosted its holdings in shares of Fair Isaac by 704.8% in the first quarter. Commerce Bank now owns 6,084 shares of the technology company’s stock valued at $7,603,000 after buying an additional 5,328 shares during the period. Seven Eight Capital LP increased its position in shares of Fair Isaac by 140.0% during the fourth quarter. Seven Eight Capital LP now owns 1,440 shares of the technology company’s stock worth $1,676,000 after acquiring an additional 840 shares in the last quarter. Finally, BNP Paribas Financial Markets increased its holdings in Fair Isaac by 44.5% during the 1st quarter. BNP Paribas Financial Markets now owns 29,516 shares of the technology company’s stock worth $36,883,000 after purchasing an additional 9,094 shares in the last quarter. 85.75% of the stock is owned by institutional investors.

Fair Isaac Trading Up 0.4 %

Shares of NYSE:FICO traded up $6.03 on Friday, reaching $1,590.79. 191,294 shares of the company’s stock were exchanged, compared to its average volume of 177,451. Fair Isaac Co. has a twelve month low of $810.26 and a twelve month high of $1,635.68. The company has a fifty day moving average of $1,434.29 and a 200-day moving average of $1,304.66. The company has a market capitalization of $39.31 billion, a price-to-earnings ratio of 83.51, a PEG ratio of 4.29 and a beta of 1.34.

Fair Isaac (NYSE:FICO) last announced its quarterly earnings data on Thursday, April 25th. The technology company reported $5.09 earnings per share for the quarter, topping the consensus estimate 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 negative return on equity of 62.28% and a net margin of 29.99%. As a group, equities research analysts forecast that Fair Isaac Co. will post 19.73 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on FICO. Raymond James boosted their price target on 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 reaffirmed a “buy” rating and set a $1,500.00 price target on shares of Fair Isaac in a research note on Tuesday, June 11th. Redburn Atlantic started coverage on shares of Fair Isaac in a research report on Tuesday, April 16th. They issued a “neutral” rating and a $1,113.00 price objective on the stock. Finally, Wolfe Research began coverage on shares of Fair Isaac in a research report on Tuesday, July 9th. They issued an “outperform” rating and a $1,725.00 target price for the company. One analyst has rated the stock with a sell rating, three have issued a hold rating and seven have issued a buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $1,319.40.

Insider Activity at Fair Isaac

In other Fair Isaac news, EVP Richard Deal sold 13,591 shares of the stock in a transaction dated Wednesday, June 12th. The stock was sold at an average price of $1,374.30, for a total value of $18,678,111.30. Following the completion of the transaction, the executive vice president now directly owns 49,314 shares in the company, valued at $67,772,230.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In related news, EVP Mark R. Scadina sold 423 shares of the firm’s stock in a transaction on Thursday, May 23rd. The stock was sold at an average price of $1,372.12, for a total transaction of $580,406.76. Following the completion of the transaction, the executive vice president now directly owns 32,229 shares of the company’s stock, valued at approximately $44,222,055.48. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Richard Deal sold 13,591 shares of the stock in a transaction dated Wednesday, June 12th. The shares were sold at an average price of $1,374.30, for a total value of $18,678,111.30. Following the completion of the sale, the executive vice president now directly owns 49,314 shares of the company’s stock, valued at approximately $67,772,230.20. The disclosure for this sale can be found here. Insiders have sold a total of 16,014 shares of company stock valued at $21,888,518 in the last 90 days. 3.54% of the stock is 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.