Three Seasons Wealth LLC Takes $2.30 Million Position in Fair Isaac Co. (NYSE:FICO)

Three Seasons Wealth LLC acquired a new stake in Fair Isaac Co. (NYSE:FICO) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 1,156 shares of the technology company’s stock, valued at approximately $2,302,000. Fair Isaac makes up approximately 1.1% of Three Seasons Wealth LLC’s portfolio, making the stock its 27th biggest holding.

Other large investors also recently modified their holdings of the company. Vanguard Group Inc. boosted its position in Fair Isaac by 0.8% in the 4th quarter. Vanguard Group Inc. now owns 2,903,694 shares of the technology company’s stock valued at $5,781,051,000 after buying an additional 22,178 shares during the last quarter. JPMorgan Chase & Co. grew its position in shares of Fair Isaac by 0.8% during the 4th quarter. JPMorgan Chase & Co. now owns 678,613 shares of the technology company’s stock worth $1,351,073,000 after buying an additional 5,371 shares during the period. Geode Capital Management LLC increased its stake in shares of Fair Isaac by 2.7% in the 4th quarter. Geode Capital Management LLC now owns 663,035 shares of the technology company’s stock valued at $1,318,630,000 after acquiring an additional 17,656 shares during the last quarter. Principal Financial Group Inc. grew its holdings in Fair Isaac by 0.5% during the third quarter. Principal Financial Group Inc. now owns 372,582 shares of the technology company’s stock valued at $724,122,000 after purchasing an additional 1,977 shares during the period. Finally, Jennison Associates LLC raised its holdings in Fair Isaac by 5.4% in the fourth quarter. Jennison Associates LLC now owns 254,282 shares of the technology company’s stock worth $506,257,000 after purchasing an additional 13,133 shares during the period. 85.75% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on FICO. Oppenheimer dropped their price objective on Fair Isaac from $2,515.00 to $2,409.00 and set an “outperform” rating on the stock in a research note on Tuesday, January 7th. Barclays cut their price objective on shares of Fair Isaac from $2,350.00 to $2,250.00 and set an “overweight” rating on the stock in a research report on Friday, April 4th. Robert W. Baird dropped their target price on Fair Isaac from $1,975.00 to $1,775.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 5th. Needham & Company LLC reaffirmed a “buy” rating and set a $2,500.00 price target on shares of Fair Isaac in a research note on Friday, April 11th. Finally, Wells Fargo & Company decreased their target price on shares of Fair Isaac from $2,650.00 to $2,600.00 and set an “overweight” rating for the company in a research report on Wednesday, February 5th. Three analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $2,210.23.

Fair Isaac Trading Up 0.5 %

Fair Isaac stock opened at $1,936.28 on Friday. The company has a market capitalization of $47.28 billion, a price-to-earnings ratio of 88.86, a PEG ratio of 3.27 and a beta of 1.37. Fair Isaac Co. has a 12 month low of $1,105.65 and a 12 month high of $2,402.52. The stock’s 50 day moving average is $1,829.29 and its 200-day moving average is $1,979.68.

Fair Isaac (NYSE:FICO) last announced its earnings results on Tuesday, February 4th. The technology company reported $4.15 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $6.21 by ($2.06). Fair Isaac had a net margin of 30.66% and a negative return on equity of 53.40%. As a group, equities research analysts predict that Fair Isaac Co. will post 24.15 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, CEO William J. Lansing sold 6,010 shares of the firm’s stock in a transaction dated Tuesday, February 11th. The stock was sold at an average price of $1,804.23, for a total value of $10,843,422.30. Following the sale, the chief executive officer now directly owns 42,138 shares of the company’s stock, valued at $76,026,643.74. This trade represents a 12.48 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Insiders sold 13,058 shares of company stock valued at $23,119,030 over the last quarter. 3.46% of the stock is owned by company insiders.

Fair Isaac Profile

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.