Yeomans Consulting Group Inc. Makes New $544,000 Investment in Fair Isaac Co. (NYSE:FICO)

Yeomans Consulting Group Inc. acquired a new stake in shares of Fair Isaac Co. (NYSE:FICO) in the third quarter, Holdings Channel.com reports. The firm acquired 280 shares of the technology company’s stock, valued at approximately $544,000.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Heritage Family Offices LLP raised its position in Fair Isaac by 2.0% during the third quarter. Heritage Family Offices LLP now owns 256 shares of the technology company’s stock valued at $498,000 after acquiring an additional 5 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. grew its stake in shares of Fair Isaac by 5.7% during the 3rd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 111 shares of the technology company’s stock worth $216,000 after purchasing an additional 6 shares during the period. Moss Adams Wealth Advisors LLC increased its holdings in shares of Fair Isaac by 4.0% during the 3rd quarter. Moss Adams Wealth Advisors LLC now owns 155 shares of the technology company’s stock valued at $301,000 after purchasing an additional 6 shares in the last quarter. EverSource Wealth Advisors LLC lifted its stake in shares of Fair Isaac by 1.8% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 407 shares of the technology company’s stock valued at $651,000 after purchasing an additional 7 shares during the period. Finally, Bradley Foster & Sargent Inc. CT boosted its holdings in Fair Isaac by 2.5% during the second quarter. Bradley Foster & Sargent Inc. CT now owns 330 shares of the technology company’s stock worth $491,000 after buying an additional 8 shares in the last quarter. Institutional investors and hedge funds own 85.75% of the company’s stock.

Fair Isaac Trading Up 0.2 %

FICO stock traded up $3.10 during midday trading on Monday, reaching $2,003.07. The stock had a trading volume of 16,521 shares, compared to its average volume of 170,472. Fair Isaac Co. has a 52-week low of $831.55 and a 52-week high of $2,103.70. The company’s fifty day simple moving average is $1,882.25 and its 200 day simple moving average is $1,584.66. The company has a market cap of $49.12 billion, a price-to-earnings ratio of 105.15, a price-to-earnings-growth ratio of 3.75 and a beta of 1.35.

Fair Isaac (NYSE:FICO) last posted its quarterly earnings results on Wednesday, July 31st. The technology company reported $4.99 earnings per share for the quarter, missing the consensus estimate of $5.33 by ($0.34). Fair Isaac had a negative return on equity of 60.67% and a net margin of 28.94%. The business had revenue of $447.85 million during the quarter, compared to analysts’ expectations of $448.53 million. Sell-side analysts predict that Fair Isaac Co. will post 19.33 EPS for the current year.

Fair Isaac declared that its Board of Directors has authorized a stock repurchase program on Tuesday, July 30th that allows the company to repurchase $1.00 billion in shares. This repurchase authorization allows the technology company to repurchase up to 2.6% of its stock through open market purchases. Stock repurchase programs are typically a sign that the company’s board believes its stock is undervalued.

Analyst Upgrades and Downgrades

FICO has been the subject of a number of recent analyst reports. Robert W. Baird lifted their price objective on shares of Fair Isaac from $1,264.00 to $1,700.00 and gave the company a “neutral” rating in a report on Thursday, August 1st. Oppenheimer lifted their price target on Fair Isaac from $1,967.00 to $2,109.00 and gave the company an “outperform” rating in a research note on Tuesday, October 8th. Royal Bank of Canada increased their price target on Fair Isaac from $1,350.00 to $1,500.00 and gave the stock a “sector perform” rating in a research report on Thursday, August 1st. UBS Group started coverage on Fair Isaac in a research report on Tuesday, October 1st. They issued a “neutral” rating and a $2,100.00 price objective for the company. Finally, Needham & Company LLC increased their target price on Fair Isaac from $1,500.00 to $1,850.00 and gave the company a “buy” rating in a research report on Thursday, August 1st. Four equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. According to data from MarketBeat.com, Fair Isaac has a consensus rating of “Moderate Buy” and an average target price of $1,787.08.

Insiders Place Their Bets

In related news, Director Joanna Rees sold 3,961 shares of the stock in a transaction that occurred on Thursday, September 5th. The stock was sold at an average price of $1,750.00, for a total value of $6,931,750.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. In other news, Director Joanna Rees sold 3,961 shares of the business’s stock in a transaction dated Thursday, September 5th. The shares were sold at an average price of $1,750.00, for a total transaction of $6,931,750.00. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, EVP Mark R. Scadina sold 3,500 shares of the firm’s stock in a transaction dated Thursday, August 8th. The stock was sold at an average price of $1,714.18, for a total transaction of $5,999,630.00. Following the sale, the executive vice president now owns 19,919 shares of the company’s stock, valued at approximately $34,144,751.42. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 15,261 shares of company stock valued at $26,291,370 in the last ninety days. 3.54% 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.