Everence Capital Management Inc. Takes $1.02 Million Position in Fair Isaac Co. (NYSE:FICO)

Everence Capital Management Inc. acquired a new stake in shares of Fair Isaac Co. (NYSE:FICO) during the 4th quarter, Holdings Channel reports. The fund acquired 880 shares of the technology company’s stock, valued at approximately $1,024,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. KB Financial Partners LLC bought a new stake in shares of Fair Isaac during the 2nd quarter valued at $34,000. Clear Street Markets LLC bought a new stake in Fair Isaac in the 1st quarter valued at $34,000. McGlone Suttner Wealth Management Inc. bought a new stake in Fair Isaac in the 4th quarter valued at $35,000. Headlands Technologies LLC bought a new stake in Fair Isaac in the 3rd quarter valued at $42,000. Finally, Assetmark Inc. bought a new stake in Fair Isaac in the 3rd quarter valued at $44,000. 85.75% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, CEO William J. Lansing sold 8,000 shares of Fair Isaac stock in a transaction dated Tuesday, March 19th. The shares were sold at an average price of $1,225.93, for a total transaction of $9,807,440.00. Following the completion of the transaction, the chief executive officer now directly owns 20,638 shares of the company’s stock, valued at approximately $25,300,743.34. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 3.54% of the stock is owned by corporate insiders.

Fair Isaac Stock Up 0.2 %

Shares of NYSE:FICO opened at $1,152.70 on Wednesday. Fair Isaac Co. has a 52 week low of $686.08 and a 52 week high of $1,349.75. The stock has a market capitalization of $28.64 billion, a P/E ratio of 64.41, a PEG ratio of 2.55 and a beta of 1.21. The firm has a fifty day simple moving average of $1,259.59 and a two-hundred day simple moving average of $1,136.53.

Fair Isaac (NYSE:FICO) last issued its quarterly earnings data on Thursday, January 25th. The technology company reported $3.87 EPS for the quarter, topping analysts’ consensus estimates 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 business had revenue of $382.06 million during the quarter, compared to analysts’ expectations of $386.55 million. On average, analysts expect that Fair Isaac Co. will post 19.95 earnings per share for the current year.

Wall Street Analyst Weigh In

FICO has been the topic of a number of research reports. Redburn Atlantic initiated coverage on shares of Fair Isaac in a report on Tuesday. They issued a “neutral” rating and a $1,113.00 price target on the stock. Royal Bank of Canada reiterated a “sector perform” rating and issued a $1,350.00 price target on shares of Fair Isaac in a report on Friday, January 26th. Needham & Company LLC lifted their price target 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 lifted their price target 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. Finally, Barclays lifted their price target on shares of Fair Isaac from $1,234.00 to $1,500.00 and gave the company an “overweight” rating in a report on Friday, January 26th. One equities research analyst has rated the stock with a sell rating, three have assigned 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 a consensus price target of $1,180.45.

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.