Hennion & Walsh Asset Management Inc. Has $1.80 Million Holdings in Fair Isaac Co. (NYSE:FICO)

Hennion & Walsh Asset Management Inc. lifted its holdings in Fair Isaac Co. (NYSE:FICO) by 14.6% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,444 shares of the technology company’s stock after acquiring an additional 184 shares during the quarter. Hennion & Walsh Asset Management Inc.’s holdings in Fair Isaac were worth $1,804,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of the business. Wealth Enhancement Advisory Services LLC raised its stake in shares of Fair Isaac by 8.8% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 1,139 shares of the technology company’s stock worth $1,423,000 after acquiring an additional 92 shares during the last quarter. Wealthcare Advisory Partners LLC lifted its holdings in Fair Isaac by 3.2% during the 1st quarter. Wealthcare Advisory Partners LLC now owns 326 shares of the technology company’s stock worth $407,000 after buying an additional 10 shares in the last quarter. SMI Advisory Services LLC bought a new position in Fair Isaac in the 1st quarter valued at $4,091,000. DGS Capital Management LLC increased its stake in shares of Fair Isaac by 97.3% in the 1st quarter. DGS Capital Management LLC now owns 586 shares of the technology company’s stock valued at $732,000 after buying an additional 289 shares during the period. Finally, Security Financial Services INC. raised its position in shares of Fair Isaac by 10.4% during the first quarter. Security Financial Services INC. now owns 212 shares of the technology company’s stock worth $265,000 after acquiring an additional 20 shares during the last quarter. 85.75% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several equities analysts recently issued reports on FICO shares. Needham & Company LLC reiterated a “buy” rating and issued a $1,500.00 price target on shares of Fair Isaac in a report on Tuesday, June 11th. Redburn Atlantic assumed coverage on shares of Fair Isaac in a research note on Tuesday, April 16th. They issued a “neutral” rating and a $1,113.00 target price on the stock. Finally, Raymond James lifted their price target on shares of Fair Isaac from $1,413.00 to $1,418.00 and gave the stock an “outperform” rating in a research report on Friday, April 26th. One equities research 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. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $1,274.33.

Insider Activity at Fair Isaac

In other Fair Isaac news, EVP Richard Deal sold 13,591 shares of Fair Isaac stock in a transaction dated Wednesday, June 12th. The stock was sold at an average price of $1,374.30, for a total transaction of $18,678,111.30. Following the transaction, the executive vice president now directly owns 49,314 shares in the company, valued at $67,772,230.20. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. In related news, EVP Mark R. Scadina sold 423 shares of the firm’s stock in a transaction on Thursday, May 23rd. The shares were sold at an average price of $1,372.12, for a total transaction of $580,406.76. Following the sale, the executive vice president now directly owns 32,229 shares in the company, valued at $44,222,055.48. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Richard Deal sold 13,591 shares of the company’s stock in a transaction on Wednesday, June 12th. The stock was sold at an average price of $1,374.30, for a total transaction of $18,678,111.30. Following the completion of the transaction, the executive vice president now directly owns 49,314 shares of the company’s stock, valued at $67,772,230.20. The disclosure for this sale can be found here. Insiders sold a total of 24,014 shares of company stock worth $31,012,918 in the last quarter. Corporate insiders own 3.54% of the company’s stock.

Fair Isaac Trading Up 0.8 %

Fair Isaac stock opened at $1,488.66 on Friday. The firm has a market capitalization of $36.78 billion, a P/E ratio of 78.14, a PEG ratio of 4.01 and a beta of 1.31. The business has a 50-day moving average of $1,325.42 and a 200-day moving average of $1,262.32. Fair Isaac Co. has a 1 year low of $776.63 and a 1 year high of $1,518.27.

Fair Isaac (NYSE:FICO) last issued its quarterly earnings data on Thursday, April 25th. The technology company reported $5.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.89 by $0.20. The firm had revenue of $433.81 million during the quarter, compared to analysts’ expectations of $425.94 million. Fair Isaac had a net margin of 29.99% and a negative return on equity of 62.28%. Research analysts anticipate that Fair Isaac Co. will post 19.75 EPS for the current fiscal year.

Fair Isaac Company 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.