Versor Investments LP Makes New $1.33 Million Investment in Fair Isaac Co. (NYSE:FICO)

Versor Investments LP acquired a new stake in Fair Isaac Co. (NYSE:FICO) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 669 shares of the technology company’s stock, valued at approximately $1,332,000.

Other institutional investors have also modified their holdings of the company. Private Advisor Group LLC grew its stake in Fair Isaac by 3.2% during the third quarter. Private Advisor Group LLC now owns 552 shares of the technology company’s stock worth $1,073,000 after buying an additional 17 shares during the period. Assenagon Asset Management S.A. lifted its holdings in shares of Fair Isaac by 60.7% during the 3rd quarter. Assenagon Asset Management S.A. now owns 2,505 shares of the technology company’s stock valued at $4,869,000 after acquiring an additional 946 shares in the last quarter. Arkadios Wealth Advisors purchased a new stake in Fair Isaac during the 3rd quarter worth $282,000. Frank Rimerman Advisors LLC acquired a new stake in Fair Isaac in the 3rd quarter valued at $202,000. Finally, J.W. Cole Advisors Inc. raised its position in Fair Isaac by 82.6% in the third quarter. J.W. Cole Advisors Inc. now owns 314 shares of the technology company’s stock valued at $610,000 after purchasing an additional 142 shares during the period. Hedge funds and other institutional investors own 85.75% of the company’s stock.

Insider Buying and Selling

In other Fair Isaac news, CEO William J. Lansing sold 6,010 shares of the firm’s stock in a transaction dated Tuesday, February 11th. The shares were sold at an average price of $1,804.23, for a total value of $10,843,422.30. Following the transaction, the chief executive officer now 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 sale was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP James M. Wehmann sold 3,500 shares of the company’s stock in a transaction that occurred on Thursday, December 5th. The shares were sold at an average price of $2,373.85, for a total value of $8,308,475.00. Following the transaction, the executive vice president now directly owns 45,395 shares of the company’s stock, valued at $107,760,920.75. This trade represents a 7.16 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 13,170 shares of company stock worth $27,132,248 over the last ninety days. 3.46% of the stock is owned by insiders.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the company. Jefferies Financial Group lowered their target price on Fair Isaac from $2,275.00 to $2,175.00 and set a “buy” rating for the company in a research note on Wednesday, February 5th. Needham & Company LLC reaffirmed a “buy” rating and issued a $2,500.00 price objective on shares of Fair Isaac in a research report on Wednesday, February 5th. JPMorgan Chase & Co. began coverage on shares of Fair Isaac in a research note on Friday, December 20th. They issued a “neutral” rating and a $2,150.00 target price for the company. UBS Group dropped their price target on shares of Fair Isaac from $2,250.00 to $2,100.00 and set a “neutral” rating on the stock in a research note on Monday, January 27th. Finally, Robert W. Baird decreased their price objective on shares of Fair Isaac from $1,975.00 to $1,775.00 and set a “neutral” rating for the company in a research report on Wednesday, February 5th. Four investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. Based on data from MarketBeat.com, Fair Isaac presently has an average rating of “Moderate Buy” and an average price target of $2,088.15.

Fair Isaac Stock Performance

Shares of FICO stock opened at $1,867.49 on Thursday. The stock has a market capitalization of $45.60 billion, a price-to-earnings ratio of 85.70, a PEG ratio of 3.27 and a beta of 1.39. Fair Isaac Co. has a one year low of $1,105.65 and a one year high of $2,402.51. The company’s 50-day simple moving average is $1,900.41 and its 200-day simple moving average is $1,976.50.

Fair Isaac (NYSE:FICO) last announced its quarterly earnings data on Tuesday, February 4th. The technology company reported $4.15 earnings per share (EPS) for the quarter, missing the consensus estimate 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, research analysts forecast that Fair Isaac Co. will post 24.15 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.