Archer Investment Corp Has $139,000 Stock Position in Fair Isaac Co. (NYSE:FICO)

Archer Investment Corp decreased its stake in shares of Fair Isaac Co. (NYSE:FICO) by 15.6% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 119 shares of the technology company’s stock after selling 22 shares during the quarter. Archer Investment Corp’s holdings in Fair Isaac were worth $139,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the stock. State Street Corp increased its position in shares of Fair Isaac by 20.3% during the 1st quarter. State Street Corp now owns 996,863 shares of the technology company’s stock worth $700,484,000 after purchasing an additional 168,468 shares during the last quarter. T. Rowe Price Investment Management Inc. boosted its stake in Fair Isaac by 0.6% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 929,015 shares of the technology company’s stock valued at $556,090,000 after purchasing an additional 5,225 shares during the period. Geode Capital Management LLC boosted its stake in Fair Isaac by 48.9% in the 1st quarter. Geode Capital Management LLC now owns 577,240 shares of the technology company’s stock valued at $405,140,000 after purchasing an additional 189,562 shares during the period. Kayne Anderson Rudnick Investment Management LLC boosted its stake in Fair Isaac by 1.0% in the 3rd quarter. Kayne Anderson Rudnick Investment Management LLC now owns 457,738 shares of the technology company’s stock valued at $397,560,000 after purchasing an additional 4,584 shares during the period. Finally, Morgan Stanley boosted its stake in Fair Isaac by 25.0% in the 4th quarter. Morgan Stanley now owns 449,919 shares of the technology company’s stock valued at $269,313,000 after purchasing an additional 89,888 shares during the period. Institutional investors and hedge funds own 85.75% of the company’s stock.

Insider Buying and Selling

In related news, CEO William J. Lansing sold 8,000 shares of the company’s stock in a transaction on Tuesday, March 19th. The stock was sold at an average price of $1,225.93, for a total transaction of $9,807,440.00. Following the completion of the sale, the chief executive officer now directly owns 20,638 shares in the company, valued at approximately $25,300,743.34. The sale was disclosed in a filing with the SEC, which is available through this link. 3.54% of the stock is owned by corporate insiders.

Fair Isaac Stock Performance

NYSE:FICO opened at $1,154.25 on Thursday. Fair Isaac Co. has a fifty-two week low of $686.08 and a fifty-two week high of $1,349.75. The company has a market cap of $28.68 billion, a price-to-earnings ratio of 64.52, a PEG ratio of 2.55 and a beta of 1.21. The stock has a fifty day moving average price of $1,257.07 and a 200-day moving average price of $1,136.65.

Fair Isaac (NYSE:FICO) last announced its quarterly earnings data on Thursday, January 25th. The technology company reported $3.87 earnings per share for the quarter, topping the consensus estimate of $3.76 by $0.11. Fair Isaac had a negative return on equity of 57.80% and a net margin of 29.20%. The business had revenue of $382.06 million during the quarter, compared to the consensus estimate of $386.55 million. Research analysts predict that Fair Isaac Co. will post 19.95 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the company. Jefferies Financial Group boosted their price target on 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. Barclays boosted their price target on Fair Isaac from $1,234.00 to $1,500.00 and gave the company an “overweight” rating in a research note on Friday, January 26th. Raymond James boosted their price target on Fair Isaac from $1,214.00 to $1,400.00 and gave the company an “outperform” rating in a research note on Friday, January 26th. Royal Bank of Canada restated a “sector perform” rating and issued a $1,350.00 price target on shares of Fair Isaac in a research note on Friday, January 26th. Finally, Needham & Company LLC boosted their price target on Fair Isaac from $1,100.00 to $1,500.00 and gave the company a “buy” rating in a research note on Friday, January 26th. One analyst has rated the stock with a sell rating, three have given a hold rating and six have given a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $1,180.45.

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.