Quantum Capital Management LLC NJ Reduces Holdings in Fair Isaac Co. (NYSE:FICO)

Quantum Capital Management LLC NJ reduced its position in Fair Isaac Co. (NYSE:FICO) by 2.9% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 8,638 shares of the technology company’s stock after selling 257 shares during the period. Fair Isaac accounts for approximately 1.2% of Quantum Capital Management LLC NJ’s portfolio, making the stock its 17th largest holding. Quantum Capital Management LLC NJ’s holdings in Fair Isaac were worth $10,055,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. McGlone Suttner Wealth Management Inc. bought a new position in Fair Isaac in the 4th quarter worth approximately $35,000. Headlands Technologies LLC purchased a new position in shares of Fair Isaac in the third quarter valued at $42,000. KB Financial Partners LLC raised its stake in shares of Fair Isaac by 26.2% during the 3rd quarter. KB Financial Partners LLC now owns 53 shares of the technology company’s stock valued at $46,000 after purchasing an additional 11 shares during the period. First Horizon Advisors Inc. raised its stake in shares of Fair Isaac by 28.1% during the 4th quarter. First Horizon Advisors Inc. now owns 41 shares of the technology company’s stock valued at $48,000 after purchasing an additional 9 shares during the period. Finally, Operose Advisors LLC bought a new position in Fair Isaac in the 3rd quarter worth about $50,000. Institutional investors own 85.75% of the company’s stock.

Insider Activity at Fair Isaac

In other Fair Isaac news, Director Joanna Rees sold 500 shares of the company’s stock in a transaction dated Thursday, May 16th. The shares were sold at an average price of $1,400.00, for a total transaction of $700,000.00. Following the completion of the sale, the director now directly owns 20,118 shares in the company, valued at $28,165,200. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. In other Fair Isaac news, CEO William J. Lansing sold 8,000 shares of the stock in a transaction on 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 sale, the chief executive officer now owns 20,638 shares of the company’s stock, valued at approximately $25,300,743.34. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Joanna Rees sold 500 shares of the business’s stock in a transaction dated Thursday, May 16th. The shares were sold at an average price of $1,400.00, for a total transaction of $700,000.00. Following the completion of the transaction, the director now owns 20,118 shares in the company, valued at approximately $28,165,200. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 18,000 shares of company stock valued at $21,561,840. Insiders own 3.54% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on the company. Needham & Company LLC reiterated a “buy” rating and set a $1,500.00 price target on shares of Fair Isaac in a research report on Monday, April 22nd. Redburn Atlantic began coverage on shares of Fair Isaac in a research note on Tuesday, April 16th. They set a “neutral” rating and a $1,113.00 price objective for the company. Finally, Raymond James raised 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 report on Friday, April 26th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and six have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $1,274.33.

Fair Isaac Stock Up 2.3 %

NYSE:FICO traded up $31.46 during midday trading on Friday, hitting $1,384.64. The company had a trading volume of 171,482 shares, compared to its average volume of 254,235. The company has a market capitalization of $34.21 billion, a PE ratio of 72.68, a P/E/G ratio of 3.73 and a beta of 1.24. Fair Isaac Co. has a 52-week low of $745.45 and a 52-week high of $1,451.78. The stock’s fifty day moving average price is $1,245.51 and its 200-day moving average price is $1,207.79.

Fair Isaac (NYSE:FICO) last posted its quarterly earnings data on Thursday, April 25th. The technology company reported $5.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.89 by $0.20. The firm had revenue of $433.81 million during the quarter, compared to analysts’ expectations of $425.94 million. Fair Isaac had a negative return on equity of 62.28% and a net margin of 29.99%. As a group, research analysts forecast that Fair Isaac Co. will post 19.75 earnings per share for the current year.

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.