Benjamin F. Edwards & Company Inc. Purchases 14 Shares of Fair Isaac Co. (NYSE:FICO)

Benjamin F. Edwards & Company Inc. increased its position in shares of Fair Isaac Co. (NYSE:FICO) by 2.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 514 shares of the technology company’s stock after purchasing 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.

Other large investors also recently modified their holdings of the company. IFM Investors Pty Ltd boosted its stake in Fair Isaac by 1.2% in the 3rd quarter. IFM Investors Pty Ltd now owns 5,194 shares of the technology company’s stock worth $4,511,000 after purchasing an additional 61 shares during the period. Advisor Partners II LLC grew its stake in Fair Isaac by 4.1% during the third quarter. Advisor Partners II LLC now owns 1,791 shares of the technology company’s stock valued at $1,555,000 after acquiring an additional 70 shares in the last quarter. Park Avenue Securities LLC bought a new stake in Fair Isaac in the 3rd quarter valued at $534,000. AustralianSuper Pty Ltd lifted its stake in Fair Isaac by 2.9% in the 3rd quarter. AustralianSuper Pty Ltd now owns 7,727 shares of the technology company’s stock worth $6,711,000 after purchasing an additional 215 shares in the last quarter. Finally, Whittier Trust Co. lifted its stake in Fair Isaac by 3.8% in the 3rd quarter. Whittier Trust Co. now owns 13,441 shares of the technology company’s stock worth $11,674,000 after purchasing an additional 495 shares in the last quarter. Hedge funds and other institutional investors own 85.75% of the company’s stock.

Fair Isaac Trading Up 0.7 %

Fair Isaac stock opened at $1,249.59 on Thursday. Fair Isaac Co. has a 12-month low of $733.75 and a 12-month high of $1,349.75. The firm has a 50-day moving average price of $1,223.96 and a 200-day moving average price of $1,166.87. The firm has a market capitalization of $30.88 billion, a PE ratio of 65.60, a price-to-earnings-growth ratio of 3.21 and a beta of 1.24.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on FICO shares. Jefferies Financial Group lifted their target price on Fair Isaac from $1,210.00 to $1,450.00 and gave the stock a “buy” rating in a report on Wednesday, January 17th. Needham & Company LLC reaffirmed a “buy” rating and issued a $1,500.00 price objective on shares of Fair Isaac in a research note on Monday, April 22nd. Raymond James increased their target price on 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. 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 price target on the stock. Finally, Royal Bank of Canada reaffirmed a “sector perform” rating and set a $1,350.00 price target on shares of Fair Isaac in a research note on Friday, January 26th. One analyst has rated the stock with a sell rating, three have given a hold rating and six have assigned a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $1,224.40.

Insider Buying and Selling

In other news, CEO William J. Lansing sold 8,000 shares of the company’s stock in a transaction that occurred on Tuesday, March 19th. The stock was sold at an average price of $1,225.93, for a total transaction of $9,807,440.00. Following the transaction, the chief executive officer now owns 20,638 shares of the company’s stock, valued at $25,300,743.34. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Insiders have sold 24,000 shares of company stock valued at $29,011,120 in the last ninety days. 3.54% of the stock is 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.