Fair Isaac Corporation $FICO Stock Purchased by Prescott Group Capital Management L.L.C.

Prescott Group Capital Management L.L.C. boosted its position in shares of Fair Isaac Corporation (NYSE:FICO) by 1,709.2% during the third quarter, Holdings Channel reports. The firm owned 21,710 shares of the technology company’s stock after buying an additional 20,510 shares during the quarter. Fair Isaac comprises approximately 1.2% of Prescott Group Capital Management L.L.C.’s holdings, making the stock its 16th biggest position. Prescott Group Capital Management L.L.C.’s holdings in Fair Isaac were worth $12,863,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Heartland Bank & Trust Co increased its position in shares of Fair Isaac by 2.9% in the first quarter. Heartland Bank & Trust Co now owns 468 shares of the technology company’s stock valued at $500,000 after buying an additional 13 shares in the last quarter. FNY Investment Advisers LLC raised its stake in shares of Fair Isaac by 3.6% during the 2nd quarter. FNY Investment Advisers LLC now owns 398 shares of the technology company’s stock worth $475,000 after buying an additional 14 shares during the last quarter. NewEdge Advisors LLC raised its stake in shares of Fair Isaac by 4.5% during the 2nd quarter. NewEdge Advisors LLC now owns 324 shares of the technology company’s stock worth $387,000 after buying an additional 14 shares during the last quarter. Parkside Financial Bank & Trust raised its stake in shares of Fair Isaac by 10.8% during the 2nd quarter. Parkside Financial Bank & Trust now owns 164 shares of the technology company’s stock worth $196,000 after buying an additional 16 shares during the last quarter. Finally, Crossmark Global Holdings Inc. boosted its position in shares of Fair Isaac by 2.9% in the 3rd quarter. Crossmark Global Holdings Inc. now owns 577 shares of the technology company’s stock worth $342,000 after buying an additional 16 shares in the last quarter. Institutional investors and hedge funds own 85.75% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts recently commented on FICO shares. Credit Suisse Group set a $1,150.00 price objective on shares of Fair Isaac in a research note on Wednesday, September 30th. The Goldman Sachs Group set a $1,322.00 target price on shares of Fair Isaac in a research report on Tuesday, September 29th. Huber Research downgraded shares of Fair Isaac to a “strong sell” rating in a report on Tuesday, September 29th. Royal Bank Of Canada lowered their price target on shares of Fair Isaac from $1,525.00 to $1,045.00 and set an “outperform” rating on the stock in a research report on Friday, October 16th. Finally, Zacks Research cut shares of Fair Isaac from a “hold” rating to a “strong sell” rating in a research note on Wednesday, October 7th. Nine research analysts have rated the stock with a Buy rating, six have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $967.12.

Fair Isaac Stock Down 0.1%

NYSE FICO opened at $723.69 on Wednesday. Fair Isaac Corporation has a fifty-two week low of $586.05 and a fifty-two week high of $1,858.91. The business has a fifty day moving average of $853.94 and a 200-day moving average of $1,119.76. The stock has a market cap of $15.63 billion, a price-to-earnings ratio of 20.90, a price-to-earnings-growth ratio of 0.88 and a beta of 1.36.

Fair Isaac Profile

Fair Isaac Corporation, commonly known as FICO, develops analytics and decision-management software used by businesses to assess risk, detect fraud and make customer-related decisions. The company is best known for the FICO Score, a credit-risk scoring system used by lenders and other financial institutions to evaluate consumer creditworthiness.

FICO’s offerings include credit scoring solutions, decisioning platforms, fraud-detection tools, customer management software and predictive analytics.