Sapient Capital LLC Takes $425,000 Position in Fair Isaac Co. (NYSE:FICO)

Sapient Capital LLC acquired a new stake in Fair Isaac Co. (NYSE:FICO) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 365 shares of the technology company’s stock, valued at approximately $425,000.

Other institutional investors have also recently bought and sold shares of the company. McGlone Suttner Wealth Management Inc. purchased a new stake in Fair Isaac in the fourth quarter valued at approximately $35,000. First Horizon Advisors Inc. grew its stake in Fair Isaac by 28.1% during the fourth quarter. First Horizon Advisors Inc. now owns 41 shares of the technology company’s stock worth $48,000 after buying an additional 9 shares during the period. GAMMA Investing LLC purchased a new stake in Fair Isaac during the fourth quarter worth approximately $50,000. Headlands Technologies LLC purchased a new stake in Fair Isaac during the third quarter worth approximately $42,000. Finally, Assetmark Inc. purchased a new stake in Fair Isaac during the third quarter worth approximately $44,000. 85.75% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

FICO has been the subject of several research reports. Royal Bank of Canada reiterated a “sector perform” rating and set a $1,350.00 price objective on shares of Fair Isaac in a research note on Friday, January 26th. Redburn Atlantic initiated coverage on shares of Fair Isaac in a research note on Tuesday, April 16th. They set a “neutral” rating and a $1,113.00 price objective for the company. Barclays boosted their price objective on shares of Fair Isaac from $1,234.00 to $1,500.00 and gave the stock an “overweight” rating in a research note on Friday, January 26th. Raymond James upped their target price on shares of Fair Isaac from $1,413.00 to $1,418.00 and gave the company an “outperform” rating in a research note on Friday, April 26th. Finally, Jefferies Financial Group upped their target price on shares of Fair Isaac from $1,210.00 to $1,450.00 and gave the company a “buy” rating in a research note on Wednesday, January 17th. One analyst has rated the stock with a sell rating, three have issued a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $1,224.40.

Insider Activity at Fair Isaac

In related news, CEO William J. Lansing sold 8,000 shares of the company’s stock in a transaction on Tuesday, March 19th. The shares were sold at an average price of $1,225.93, for a total value of $9,807,440.00. Following the sale, the chief executive officer now directly owns 20,638 shares of the company’s stock, valued at $25,300,743.34. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders have sold 24,000 shares of company stock valued at $29,011,120 over the last ninety days. Corporate insiders own 3.54% of the company’s stock.

Fair Isaac Price Performance

FICO opened at $1,200.00 on Monday. The stock has a market capitalization of $29.65 billion, a PE ratio of 62.63, a P/E/G ratio of 3.21 and a beta of 1.24. The firm’s fifty day moving average price is $1,226.09 and its 200 day moving average price is $1,161.68. Fair Isaac Co. has a 12-month low of $729.54 and a 12-month high of $1,349.75.

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.