CW Advisors LLC Grows Stock Holdings in Fair Isaac Corporation $FICO

CW Advisors LLC grew its holdings in Fair Isaac Corporation (NYSE:FICO) by 513.1% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 5,316 shares of the technology company’s stock after acquiring an additional 4,449 shares during the period. CW Advisors LLC’s holdings in Fair Isaac were worth $9,718,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in FICO. Edgewood Management LLC purchased a new position in Fair Isaac in the second quarter valued at about $612,785,000. Norges Bank purchased a new stake in shares of Fair Isaac in the second quarter worth about $365,831,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in shares of Fair Isaac by 29.7% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 316,780 shares of the technology company’s stock valued at $584,193,000 after buying an additional 72,518 shares in the last quarter. Nuveen LLC purchased a new stake in shares of Fair Isaac during the 1st quarter valued at about $114,864,000. Finally, Vanguard Group Inc. lifted its position in Fair Isaac by 2.0% during the 1st quarter. Vanguard Group Inc. now owns 2,962,434 shares of the technology company’s stock worth $5,463,202,000 after acquiring an additional 58,740 shares in the last quarter. Institutional investors and hedge funds own 85.75% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have issued reports on FICO shares. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Fair Isaac in a research report on Monday. Oppenheimer downgraded shares of Fair Isaac from an “outperform” rating to a “market perform” rating in a research note on Monday, October 13th. Barclays raised their price target on shares of Fair Isaac from $2,000.00 to $2,400.00 and gave the company an “overweight” rating in a report on Thursday, October 2nd. Seaport Res Ptn upgraded shares of Fair Isaac to a “strong-buy” rating in a report on Wednesday, October 1st. Finally, Robert W. Baird upped their price objective on shares of Fair Isaac from $1,900.00 to $1,960.00 and gave the company an “outperform” rating in a research report on Thursday, November 6th. Two investment analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and five have assigned a Hold 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 $2,076.77.

Fair Isaac Stock Performance

FICO opened at $1,772.18 on Friday. The company has a market capitalization of $42.02 billion, a P/E ratio of 66.75, a PEG ratio of 1.95 and a beta of 1.29. The company has a 50-day moving average of $1,695.22 and a 200-day moving average of $1,633.52. Fair Isaac Corporation has a 1-year low of $1,300.00 and a 1-year high of $2,400.00.

Fair Isaac (NYSE:FICO) last issued its quarterly earnings results on Thursday, October 30th. The technology company reported $7.74 EPS for the quarter, topping the consensus estimate of $7.36 by $0.38. The business had revenue of $515.75 million for the quarter, compared to analysts’ expectations of $512.38 million. Fair Isaac had a net margin of 32.75% and a negative return on equity of 43.97%. The company’s quarterly revenue was up 13.6% compared to the same quarter last year. During the same quarter last year, the company posted $6.54 earnings per share. As a group, sell-side analysts expect that Fair Isaac Corporation will post 24.15 earnings per share for the current fiscal year.

Insider Activity at Fair Isaac

In other news, CEO William J. Lansing sold 6,011 shares of the business’s stock in a transaction that occurred on Tuesday, September 9th. The stock was sold at an average price of $1,537.50, for a total value of $9,241,912.50. Following the completion of the sale, the chief executive officer directly owned 42,138 shares in the company, valued at approximately $64,787,175. The trade was a 12.48% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In the last ninety days, insiders sold 14,422 shares of company stock valued at $23,226,939. 3.46% of the stock is currently owned by company insiders.

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.