Crew Capital Management Ltd. Invests $204,000 in Fair Isaac Co. (NYSE:FICO)

Crew Capital Management Ltd. purchased a new position in shares of Fair Isaac Co. (NYSE:FICO) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 175 shares of the technology company’s stock, valued at approximately $204,000.

Several other institutional investors also recently modified their holdings of the stock. Johnson Investment Counsel Inc. increased its holdings in Fair Isaac by 0.3% in the third quarter. Johnson Investment Counsel Inc. now owns 3,412 shares of the technology company’s stock valued at $2,963,000 after purchasing an additional 11 shares during the period. KB Financial Partners LLC boosted its position 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 worth $46,000 after purchasing an additional 11 shares in the last quarter. Huntington National Bank boosted its position in shares of Fair Isaac by 14.3% during the 3rd quarter. Huntington National Bank now owns 96 shares of the technology company’s stock worth $83,000 after purchasing an additional 12 shares in the last quarter. Alcosta Capital Management Inc. lifted its position in Fair Isaac by 0.4% in the 3rd quarter. Alcosta Capital Management Inc. now owns 3,291 shares of the technology company’s stock valued at $2,858,000 after acquiring an additional 12 shares in the last quarter. Finally, CWM LLC lifted its position in Fair Isaac by 8.1% in the 3rd quarter. CWM LLC now owns 174 shares of the technology company’s stock valued at $151,000 after acquiring an additional 13 shares in the last quarter. 85.75% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Fair Isaac

In related news, CEO William J. Lansing sold 8,000 shares of the business’s stock in a transaction dated Tuesday, February 20th. The shares were sold at an average price of $1,259.91, for a total transaction of $10,079,280.00. Following the sale, the chief executive officer now owns 28,638 shares of the company’s stock, valued at $36,081,302.58. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders have sold 24,000 shares of company stock worth $29,011,120 over the last 90 days. 3.54% of the stock is owned by company insiders.

Fair Isaac Trading Up 3.0 %

Shares of FICO stock traded up $33.79 during mid-day trading on Monday, reaching $1,144.64. The stock had a trading volume of 323,164 shares, compared to its average volume of 173,923. The stock’s 50-day moving average price is $1,237.78 and its two-hundred day moving average price is $1,152.75. Fair Isaac Co. has a 52-week low of $714.63 and a 52-week high of $1,349.75. The firm has a market capitalization of $28.28 billion, a PE ratio of 60.00, a price-to-earnings-growth ratio of 2.46 and a beta of 1.21.

Fair Isaac (NYSE:FICO) last announced its quarterly earnings results on Thursday, January 25th. The technology company reported $3.87 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.76 by $0.11. Fair Isaac had a net margin of 29.99% and a negative return on equity of 62.28%. The company had revenue of $382.06 million for the quarter, compared to analysts’ expectations of $386.55 million. On average, equities research analysts forecast that Fair Isaac Co. will post 19.93 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research firms have commented on FICO. Royal Bank of Canada reiterated a “sector perform” rating and issued a $1,350.00 price objective on shares of Fair Isaac in a research note on Friday, January 26th. Needham & Company LLC reiterated a “buy” rating and issued a $1,500.00 price objective on shares of Fair Isaac in a research note on Monday, April 22nd. Jefferies Financial Group raised 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. Barclays raised 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. Finally, Redburn Atlantic assumed coverage on shares of Fair Isaac in a report on Tuesday, April 16th. They set a “neutral” rating and a $1,113.00 price objective for the company. One analyst has rated the stock with a sell rating, three have assigned a hold rating and six have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $1,224.40.

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.