Kathmere Capital Management LLC Has $770,000 Holdings in Fair Isaac Co. (NYSE:FICO)

Kathmere Capital Management LLC reduced its stake in shares of Fair Isaac Co. (NYSE:FICO) by 10.9% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 616 shares of the technology company’s stock after selling 75 shares during the quarter. Kathmere Capital Management LLC’s holdings in Fair Isaac were worth $770,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of FICO. McGlone Suttner Wealth Management Inc. bought a new stake in Fair Isaac in the 4th quarter valued at $35,000. DSM Capital Partners LLC bought a new stake in shares of Fair Isaac in the 4th quarter worth about $37,000. KB Financial Partners LLC grew its holdings in shares of Fair Isaac by 26.2% in the 3rd quarter. KB Financial Partners LLC now owns 53 shares of the technology company’s stock worth $46,000 after purchasing an additional 11 shares during the last quarter. First Horizon Advisors Inc. grew its holdings in shares of Fair Isaac by 28.1% in the 4th quarter. First Horizon Advisors Inc. now owns 41 shares of the technology company’s stock worth $48,000 after purchasing an additional 9 shares during the last quarter. Finally, GAMMA Investing LLC bought a new stake in shares of Fair Isaac in the 4th quarter worth about $50,000. Institutional investors own 85.75% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the stock. Raymond James upped their target price on shares of Fair Isaac from $1,413.00 to $1,418.00 and gave the stock an “outperform” rating in a report on Friday, April 26th. Needham & Company LLC reaffirmed a “buy” rating and issued a $1,500.00 target price on shares of Fair Isaac in a report on Tuesday, June 11th. Finally, Redburn Atlantic started coverage on shares of Fair Isaac in a report on Tuesday, April 16th. They issued a “neutral” rating and a $1,113.00 target price on the stock. One investment 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 company presently has a consensus rating of “Moderate Buy” and a consensus target price of $1,274.33.

Fair Isaac Trading Up 0.8 %

Fair Isaac stock opened at $1,488.66 on Friday. Fair Isaac Co. has a 1 year low of $776.63 and a 1 year high of $1,518.27. The company has a market cap of $36.78 billion, a PE ratio of 78.14, a PEG ratio of 3.98 and a beta of 1.31. The company’s 50-day moving average is $1,325.42 and its two-hundred day moving average is $1,262.32.

Fair Isaac (NYSE:FICO) last released its earnings results 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. Fair Isaac had a net margin of 29.99% and a negative return on equity of 62.28%. The company had revenue of $433.81 million for the quarter, compared to the consensus estimate of $425.94 million. Research analysts forecast that Fair Isaac Co. will post 19.75 EPS for the current year.

Insider Buying and Selling at Fair Isaac

In other Fair Isaac news, Director Joanna Rees sold 500 shares of the company’s stock in a transaction dated Thursday, May 16th. The shares were sold at an average price of $1,400.00, for a total transaction of $700,000.00. Following the transaction, the director now directly owns 20,118 shares in the company, valued at approximately $28,165,200. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. In related news, Director Joanna Rees sold 500 shares of the stock in a transaction that occurred on Thursday, May 16th. The shares were sold at an average price of $1,400.00, for a total value of $700,000.00. Following the sale, the director now directly owns 20,118 shares in the company, valued at approximately $28,165,200. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Richard Deal sold 13,591 shares of the stock in a transaction that occurred on Wednesday, June 12th. The shares were sold at an average price of $1,374.30, for a total transaction of $18,678,111.30. Following the completion of the sale, the executive vice president now owns 49,314 shares in the company, valued at $67,772,230.20. The disclosure for this sale can be found here. In the last three months, insiders have sold 24,014 shares of company stock worth $31,012,918. Company insiders own 3.54% of the company’s stock.

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.