603 Shares in Fair Isaac Co. (NYSE:FICO) Purchased by Semanteon Capital Management LP

Semanteon Capital Management LP acquired a new position in Fair Isaac Co. (NYSE:FICO) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 603 shares of the technology company’s stock, valued at approximately $702,000.

A number of other hedge funds also recently added to or reduced their stakes in the business. McGlone Suttner Wealth Management Inc. purchased a new stake in shares of Fair Isaac during the fourth quarter valued at about $35,000. GAMMA Investing LLC purchased a new stake in shares of Fair Isaac during the fourth quarter valued at about $50,000. Headlands Technologies LLC purchased a new stake in shares of Fair Isaac during the third quarter valued at about $42,000. Assetmark Inc. purchased a new stake in shares of Fair Isaac during the third quarter valued at about $44,000. Finally, KB Financial Partners LLC lifted its position in shares of Fair Isaac by 26.2% during the third quarter. KB Financial Partners LLC now owns 53 shares of the technology company’s stock valued at $46,000 after buying an additional 11 shares during the last quarter. 85.75% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Fair Isaac 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 value of $9,807,440.00. Following the sale, the chief executive officer now owns 20,638 shares in the company, valued at approximately $25,300,743.34. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. In the last 90 days, insiders have sold 24,000 shares of company stock worth $29,011,120. Corporate insiders own 3.54% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have commented on FICO. Jefferies Financial Group increased 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 research report on Wednesday, January 17th. Barclays upped their price objective 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. Needham & Company LLC restated a “buy” rating and set a $1,500.00 price objective on shares of Fair Isaac in a report on Monday. Raymond James upped their price objective 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. Finally, Royal Bank of Canada restated a “sector perform” rating and set a $1,350.00 price objective on shares of Fair Isaac 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 data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $1,182.09.

Fair Isaac Price Performance

NYSE:FICO traded down $82.81 during midday trading on Friday, hitting $1,110.85. The company’s stock had a trading volume of 437,788 shares, compared to its average volume of 172,068. Fair Isaac Co. has a fifty-two week low of $714.63 and a fifty-two week high of $1,349.75. The firm’s 50 day moving average is $1,237.78 and its 200-day moving average is $1,149.19. The firm has a market cap of $27.60 billion, a P/E ratio of 62.09, a P/E/G ratio of 2.64 and a beta of 1.21.

Fair Isaac (NYSE:FICO) last released its quarterly earnings data on Thursday, January 25th. The technology company reported $3.87 EPS for the quarter, topping the consensus estimate of $3.76 by $0.11. Fair Isaac had a negative return on equity of 57.80% and a net margin of 29.20%. The business had revenue of $382.06 million for the quarter, compared to analyst estimates of $386.55 million. As a group, analysts forecast that Fair Isaac Co. will post 19.93 EPS 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.