Everpar Advisors LLC Invests $562,000 in Fair Isaac Co. (NYSE:FICO)

Everpar Advisors LLC acquired a new stake in Fair Isaac Co. (NYSE:FICO) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 483 shares of the technology company’s stock, valued at approximately $562,000.

Several other hedge funds have also recently added to or reduced their stakes in the stock. International Assets Investment Management LLC raised its holdings in Fair Isaac by 112,366.2% during the 4th quarter. International Assets Investment Management LLC now owns 399,255 shares of the technology company’s stock worth $464,737,000 after buying an additional 398,900 shares during the period. American Century Companies Inc. grew its position in shares of Fair Isaac by 39.6% in the third quarter. American Century Companies Inc. now owns 366,865 shares of the technology company’s stock valued at $318,633,000 after purchasing an additional 104,161 shares during the last quarter. Principal Financial Group Inc. increased its position in Fair Isaac by 52.2% during the 3rd quarter. Principal Financial Group Inc. now owns 239,644 shares of the technology company’s stock worth $208,138,000 after buying an additional 82,214 shares during the period. Schroder Investment Management Group increased its position in Fair Isaac by 191.0% during the third quarter. Schroder Investment Management Group now owns 111,635 shares of the technology company’s stock worth $96,958,000 after acquiring an additional 73,267 shares during the period. Finally, Invesco Ltd. boosted its stake in shares of Fair Isaac by 13.6% in the third quarter. Invesco Ltd. now owns 359,549 shares of the technology company’s stock valued at $312,279,000 after buying an additional 42,998 shares during the period. Institutional investors and hedge funds own 85.75% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on the company. Barclays increased their target price on Fair Isaac from $1,234.00 to $1,500.00 and gave the stock an “overweight” rating in a report on Friday, January 26th. Jefferies Financial Group upped their price target on shares of Fair Isaac from $1,210.00 to $1,450.00 and gave the stock a “buy” rating in a report on Wednesday, January 17th. Raymond James boosted 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 research report on Friday, April 26th. Needham & Company LLC reiterated a “buy” rating and issued a $1,500.00 price target on shares of Fair Isaac in a research note on Monday, April 22nd. 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 research report on Friday, January 26th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and six have issued a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $1,224.40.

Fair Isaac Price Performance

NYSE FICO traded down $0.36 on Tuesday, reaching $1,242.27. The company had a trading volume of 163,558 shares, compared to its average volume of 175,423. The firm has a market cap of $30.70 billion, a price-to-earnings ratio of 65.21, a P/E/G ratio of 3.21 and a beta of 1.24. Fair Isaac Co. has a fifty-two week low of $729.54 and a fifty-two week high of $1,349.75. The business has a 50 day moving average of $1,224.50 and a two-hundred day moving average of $1,166.29.

Insider Buying and Selling

In other 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 directly owns 20,638 shares in the company, valued at $25,300,743.34. The transaction was disclosed in a filing with the SEC, which is available at this link. Insiders have sold a total of 24,000 shares of company stock valued at $29,011,120 over the last ninety days. 3.54% of the stock is owned by company insiders.

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.