KG&L Capital Management LLC Buys 27 Shares of Fair Isaac Co. (NYSE:FICO)

KG&L Capital Management LLC lifted its position in shares of Fair Isaac Co. (NYSE:FICO) by 10.8% during the 4th quarter, Holdings Channel.com reports. The firm owned 277 shares of the technology company’s stock after purchasing an additional 27 shares during the quarter. KG&L Capital Management LLC’s holdings in Fair Isaac were worth $551,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Capital Performance Advisors LLP bought a new position in shares of Fair Isaac during the third quarter valued at $25,000. True Wealth Design LLC increased its position in shares of Fair Isaac by 900.0% during the 3rd quarter. True Wealth Design LLC now owns 20 shares of the technology company’s stock worth $39,000 after purchasing an additional 18 shares in the last quarter. Berbice Capital Management LLC bought a new position in Fair Isaac during the 4th quarter valued at about $40,000. Meeder Asset Management Inc. boosted its position in Fair Isaac by 37.5% in the third quarter. Meeder Asset Management Inc. now owns 22 shares of the technology company’s stock valued at $43,000 after buying an additional 6 shares in the last quarter. Finally, Versant Capital Management Inc grew its stake in Fair Isaac by 500.0% during the fourth quarter. Versant Capital Management Inc now owns 24 shares of the technology company’s stock worth $48,000 after buying an additional 20 shares during the last quarter. Institutional investors own 85.75% of the company’s stock.

Fair Isaac Trading Up 0.4 %

Shares of NYSE FICO opened at $1,874.59 on Friday. The firm has a market capitalization of $45.81 billion, a PE ratio of 91.67, a price-to-earnings-growth ratio of 3.42 and a beta of 1.40. The firm’s 50-day moving average is $2,070.67 and its 200-day moving average is $1,951.00. Fair Isaac Co. has a 1 year low of $1,105.65 and a 1 year high of $2,402.51.

Insider Buying and Selling at Fair Isaac

In other news, Director Marc F. Mcmorris sold 520 shares of the business’s stock in a transaction on Tuesday, December 17th. The shares were sold at an average price of $2,152.57, for a total value of $1,119,336.40. Following the completion of the transaction, the director now owns 242 shares of the company’s stock, valued at $520,921.94. The trade was a 68.24 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Steven P. Weber sold 139 shares of the stock in a transaction dated Thursday, January 9th. The stock was sold at an average price of $1,964.42, for a total value of $273,054.38. Following the completion of the sale, the chief financial officer now owns 2,478 shares of the company’s stock, valued at $4,867,832.76. This trade represents a 5.31 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 13,589 shares of company stock valued at $31,258,963. 3.54% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on FICO. Oppenheimer cut their target price on shares of Fair Isaac from $2,515.00 to $2,409.00 and set an “outperform” rating for the company in a research note on Tuesday, January 7th. Jefferies Financial Group raised their price target on Fair Isaac from $2,250.00 to $2,275.00 and gave the company a “buy” rating in a report on Wednesday, January 15th. Wells Fargo & Company boosted their price objective on Fair Isaac from $2,200.00 to $2,400.00 and gave the stock an “overweight” rating in a research note on Thursday, November 7th. Royal Bank of Canada restated a “sector perform” rating and issued a $2,040.00 target price on shares of Fair Isaac in a research note on Thursday, November 7th. Finally, JPMorgan Chase & Co. began coverage on shares of Fair Isaac in a research report on Friday, December 20th. They set a “neutral” rating and a $2,150.00 price target on the stock. Five equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $2,087.77.

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.