Louisiana State Employees Retirement System Invests $1.75 Million in Fair Isaac Co. (NYSE:FICO)

Louisiana State Employees Retirement System purchased a new position in Fair Isaac Co. (NYSE:FICO) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 1,500 shares of the technology company’s stock, valued at approximately $1,746,000.

A number of other institutional investors have also recently made changes to their positions in FICO. KB Financial Partners LLC bought a new position in shares of Fair Isaac during the 2nd quarter valued at $34,000. Clear Street Markets LLC bought a new position in shares of Fair Isaac during the 1st quarter valued at $34,000. McGlone Suttner Wealth Management Inc. bought a new position in shares of Fair Isaac during the 4th quarter valued at $35,000. Headlands Technologies LLC bought a new position in shares of Fair Isaac during the 3rd quarter valued at $42,000. Finally, Assetmark Inc. bought a new position in shares of Fair Isaac during the 3rd quarter valued at $44,000. Institutional investors own 85.75% of the company’s stock.

Insider Transactions at Fair Isaac

In other news, CEO William J. Lansing sold 8,000 shares of the firm’s 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 directly owns 12,638 shares of the company’s stock, valued at approximately $14,414,270.90. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. In the last ninety days, insiders sold 24,000 shares of company stock valued at $29,011,120. Company insiders own 3.54% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts recently commented on FICO shares. Redburn Atlantic started coverage on shares of Fair Isaac in a report on Tuesday. They set a “neutral” rating and a $1,113.00 target price on the stock. Needham & Company LLC increased their target price on shares of Fair Isaac from $1,100.00 to $1,500.00 and gave the company a “buy” rating in a report on Friday, January 26th. Jefferies Financial Group increased their target price 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. Barclays raised their price target 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. Finally, Raymond James raised their price target on shares of Fair Isaac from $1,214.00 to $1,400.00 and gave the stock an “outperform” rating in a report on Friday, January 26th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $1,180.45.

Fair Isaac Trading Up 0.8 %

NYSE:FICO opened at $1,162.25 on Friday. The company has a 50-day moving average price of $1,253.88 and a 200-day moving average price of $1,136.83. Fair Isaac Co. has a 12 month low of $686.08 and a 12 month high of $1,349.75. The stock has a market cap of $28.88 billion, a price-to-earnings ratio of 64.97, a P/E/G ratio of 2.55 and a beta of 1.21.

Fair Isaac (NYSE:FICO) last posted its 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 during the quarter, compared to analysts’ expectations of $386.55 million. Equities analysts forecast that Fair Isaac Co. will post 19.95 EPS for the current fiscal year.

Fair Isaac 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.