Fair Isaac Corporation $FICO Shares Purchased by Threadgill Financial LLC

Threadgill Financial LLC raised its position in Fair Isaac Corporation (NYSE:FICO) by 2,260.7% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 3,966 shares of the technology company’s stock after purchasing an additional 3,798 shares during the period. Fair Isaac comprises approximately 2.9% of Threadgill Financial LLC’s portfolio, making the stock its 10th biggest holding. Threadgill Financial LLC’s holdings in Fair Isaac were worth $5,935,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Brighton Jones LLC lifted its holdings in shares of Fair Isaac by 168.7% in the fourth quarter. Brighton Jones LLC now owns 481 shares of the technology company’s stock valued at $958,000 after purchasing an additional 302 shares in the last quarter. Cresset Asset Management LLC grew its position in Fair Isaac by 6.6% during the first quarter. Cresset Asset Management LLC now owns 1,210 shares of the technology company’s stock valued at $2,231,000 after acquiring an additional 75 shares during the period. Algert Global LLC increased its position in Fair Isaac by 28.8% during the 1st quarter. Algert Global LLC now owns 2,877 shares of the technology company’s stock worth $5,306,000 after purchasing an additional 644 shares in the last quarter. Brooklyn Investment Group increased its position in shares of Fair Isaac by 165.4% in the first quarter. Brooklyn Investment Group now owns 69 shares of the technology company’s stock worth $127,000 after acquiring an additional 43 shares in the last quarter. Finally, Korea Investment CORP increased its holdings in Fair Isaac by 30.3% in the 1st quarter. Korea Investment CORP now owns 19,816 shares of the technology company’s stock valued at $36,544,000 after purchasing an additional 4,609 shares in the last quarter. Institutional investors and hedge funds own 85.75% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on FICO shares. Robert W. Baird increased their price target on Fair Isaac from $1,900.00 to $1,960.00 and gave the company an “outperform” rating in a report on Thursday, November 6th. Wells Fargo & Company raised their target price on shares of Fair Isaac from $2,300.00 to $2,400.00 and gave the stock an “overweight” rating in a report on Tuesday, October 14th. Jefferies Financial Group reduced their price target on shares of Fair Isaac from $2,150.00 to $2,100.00 and set a “buy” rating for the company in a report on Thursday, November 6th. Needham & Company LLC reaffirmed a “buy” rating and set a $1,950.00 target price on shares of Fair Isaac in a research note on Thursday, October 2nd. Finally, Zacks Research lowered Fair Isaac from a “strong-buy” rating to a “hold” rating in a report on Monday, December 1st. Two analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $2,076.77.

Fair Isaac Trading Down 0.8%

NYSE FICO opened at $1,792.71 on Wednesday. The company has a market capitalization of $42.51 billion, a PE ratio of 67.52, a price-to-earnings-growth ratio of 2.00 and a beta of 1.29. Fair Isaac Corporation has a 1-year low of $1,300.00 and a 1-year high of $2,217.60. The firm’s fifty day simple moving average is $1,713.59 and its 200-day simple moving average is $1,633.80.

Fair Isaac (NYSE:FICO) last posted its earnings results on Thursday, October 30th. The technology company reported $7.74 earnings per share for the quarter, topping the consensus estimate of $7.36 by $0.38. Fair Isaac had a negative return on equity of 43.97% and a net margin of 32.75%.The firm had revenue of $515.75 million during the quarter, compared to analyst estimates of $512.38 million. During the same period in the previous year, the company earned $6.54 EPS. The company’s revenue for the quarter was up 13.6% on a year-over-year basis. As a group, analysts predict that Fair Isaac Corporation will post 24.15 EPS for the current year.

Insider Transactions at Fair Isaac

In other Fair Isaac news, CEO William J. Lansing sold 4,942 shares of the firm’s stock in a transaction on Tuesday, October 14th. The shares were sold at an average price of $1,631.34, for a total value of $8,062,082.28. Following the sale, the chief executive officer directly owned 43,207 shares in the company, valued at $70,485,307.38. This trade represents a 10.26% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Eva Manolis sold 521 shares of the stock in a transaction dated Friday, December 12th. The shares were sold at an average price of $1,825.83, for a total transaction of $951,257.43. Following the completion of the sale, the director owned 344 shares of the company’s stock, valued at approximately $628,085.52. The trade was a 60.23% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 8,932 shares of company stock worth $14,936,283 over the last quarter. 3.46% of the stock is currently owned by corporate 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.