Atria Wealth Solutions Inc. Buys 103 Shares of Fair Isaac Co. (NYSE:FICO)

Atria Wealth Solutions Inc. raised its stake in shares of Fair Isaac Co. (NYSE:FICO) by 4.8% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 2,233 shares of the technology company’s stock after purchasing an additional 103 shares during the period. Atria Wealth Solutions Inc.’s holdings in Fair Isaac were worth $2,600,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of FICO. Johnson Investment Counsel Inc. raised its position in shares of Fair Isaac by 0.3% in the 3rd quarter. Johnson Investment Counsel Inc. now owns 3,412 shares of the technology company’s stock worth $2,963,000 after acquiring an additional 11 shares in the last quarter. KB Financial Partners LLC raised its position in shares of Fair Isaac by 26.2% in the 3rd quarter. KB Financial Partners LLC now owns 53 shares of the technology company’s stock worth $46,000 after acquiring an additional 11 shares in the last quarter. Huntington National Bank raised its position in shares of Fair Isaac by 14.3% in the 3rd quarter. Huntington National Bank now owns 96 shares of the technology company’s stock worth $83,000 after acquiring an additional 12 shares in the last quarter. Alcosta Capital Management Inc. raised its position in shares of Fair Isaac by 0.4% in the 3rd quarter. Alcosta Capital Management Inc. now owns 3,291 shares of the technology company’s stock worth $2,858,000 after acquiring an additional 12 shares in the last quarter. Finally, CWM LLC raised its position in shares of Fair Isaac by 8.1% in the 3rd quarter. CWM LLC now owns 174 shares of the technology company’s stock worth $151,000 after acquiring an additional 13 shares in the last quarter. 85.75% of the stock is owned by institutional investors.

Fair Isaac Stock Performance

FICO stock opened at $1,110.85 on Monday. The company has a market capitalization of $27.61 billion, a P/E ratio of 58.31, a price-to-earnings-growth ratio of 2.46 and a beta of 1.21. Fair Isaac Co. has a 52-week low of $714.63 and a 52-week high of $1,349.75. The business has a 50-day simple moving average of $1,237.78 and a two-hundred day simple moving average of $1,152.75.

Fair Isaac (NYSE:FICO) last announced its earnings results on Thursday, January 25th. The technology company reported $3.87 earnings per share for the quarter, topping analysts’ consensus estimates of $3.76 by $0.11. The firm had revenue of $382.06 million for the quarter, compared to the consensus estimate of $386.55 million. Fair Isaac had a negative return on equity of 62.94% and a net margin of 29.99%. As a group, sell-side analysts forecast that Fair Isaac Co. will post 19.93 earnings per share for the current fiscal year.

Insider Buying and Selling

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

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on FICO. Needham & Company LLC reissued a “buy” rating and issued a $1,500.00 price objective on shares of Fair Isaac in a research report on Monday, April 22nd. Barclays raised their target price on Fair Isaac from $1,234.00 to $1,500.00 and gave the company an “overweight” rating in a research note on Friday, January 26th. Royal Bank of Canada restated a “sector perform” rating and issued a $1,350.00 target price on shares of Fair Isaac in a research note on Friday, January 26th. Raymond James raised their target price on Fair Isaac from $1,413.00 to $1,418.00 and gave the company an “outperform” rating in a research note on Friday. Finally, Redburn Atlantic initiated coverage on 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 given a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $1,224.40.

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.