Benjamin F. Edwards & Company Inc. Boosts Holdings in Fair Isaac Co. (NYSE:FICO)

Benjamin F. Edwards & Company Inc. boosted its position in shares of Fair Isaac Co. (NYSE:FICO) by 2.8% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 514 shares of the technology company’s stock after buying an additional 14 shares during the period. Benjamin F. Edwards & Company Inc.’s holdings in Fair Isaac were worth $598,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in FICO. Kayne Anderson Rudnick Investment Management LLC boosted its stake in Fair Isaac by 1.0% during the third quarter. Kayne Anderson Rudnick Investment Management LLC now owns 457,738 shares of the technology company’s stock worth $397,560,000 after buying an additional 4,584 shares during the last quarter. International Assets Investment Management LLC raised its stake in Fair Isaac by 112,366.2% during the fourth quarter. International Assets Investment Management LLC now owns 399,255 shares of the technology company’s stock worth $464,737,000 after purchasing an additional 398,900 shares during the period. American Century Companies Inc. boosted its holdings in Fair Isaac by 39.6% in the 3rd quarter. American Century Companies Inc. now owns 366,865 shares of the technology company’s stock valued at $318,633,000 after purchasing an additional 104,161 shares during the last quarter. Invesco Ltd. grew its stake in shares of Fair Isaac by 13.6% in the 3rd quarter. Invesco Ltd. now owns 359,549 shares of the technology company’s stock valued at $312,279,000 after buying an additional 42,998 shares during the period. Finally, Northern Trust Corp increased its holdings in shares of Fair Isaac by 2.0% during the 3rd quarter. Northern Trust Corp now owns 271,382 shares of the technology company’s stock worth $235,703,000 after buying an additional 5,228 shares during the last quarter. Institutional investors and hedge funds own 85.75% of the company’s stock.

Fair Isaac Trading Up 0.7 %

Fair Isaac stock opened at $1,249.59 on Thursday. The firm has a market capitalization of $30.88 billion, a P/E ratio of 65.60, a P/E/G ratio of 3.21 and a beta of 1.24. Fair Isaac Co. has a twelve month low of $733.75 and a twelve month high of $1,349.75. The stock’s fifty day simple moving average is $1,223.96 and its 200-day simple moving average is $1,166.87.

Insider Buying and Selling

In other Fair Isaac news, CEO William J. Lansing sold 8,000 shares of the firm’s stock in a transaction on Tuesday, April 16th. The stock was sold at an average price of $1,140.55, for a total value of $9,124,400.00. Following the sale, the chief executive officer now directly owns 12,638 shares in the company, valued at $14,414,270.90. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Over the last ninety days, insiders have sold 24,000 shares of company stock worth $29,011,120. Company insiders own 3.54% of the company’s stock.

Wall Street Analyst Weigh In

FICO has been the topic of a number of research analyst reports. 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 report on Friday, January 26th. Needham & Company LLC restated a “buy” rating and issued a $1,500.00 price objective on shares of Fair Isaac in a report on Monday, April 22nd. Redburn Atlantic initiated coverage on shares of Fair Isaac in a research report on Tuesday, April 16th. They issued a “neutral” rating and a $1,113.00 target price on the stock. Raymond James lifted their price target on shares of Fair Isaac from $1,413.00 to $1,418.00 and gave the company an “outperform” rating in a research report on Friday, April 26th. Finally, Jefferies Financial Group upped their price objective on shares of Fair Isaac from $1,210.00 to $1,450.00 and gave the stock a “buy” rating in a report on Wednesday, January 17th. One investment 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. According to MarketBeat, Fair Isaac has an average rating of “Moderate Buy” and an average target price of $1,224.40.

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.