Mn Services Vermogensbeheer B.V. raised its holdings in Fair Isaac Co. (NYSE:FICO – Free Report) by 1.0% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 9,800 shares of the technology company’s stock after purchasing an additional 100 shares during the period. Mn Services Vermogensbeheer B.V.’s holdings in Fair Isaac were worth $19,511,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other hedge funds also recently made changes to their positions in FICO. Capital Performance Advisors LLP acquired a new position in shares of Fair Isaac in the 3rd quarter worth approximately $25,000. True Wealth Design LLC grew its position in Fair Isaac by 900.0% in the third quarter. True Wealth Design LLC now owns 20 shares of the technology company’s stock valued at $39,000 after acquiring an additional 18 shares during the period. Berbice Capital Management LLC acquired a new position in Fair Isaac during the fourth quarter worth $40,000. Meeder Asset Management Inc. lifted its holdings in shares of Fair Isaac by 37.5% during the third quarter. Meeder Asset Management Inc. now owns 22 shares of the technology company’s stock valued at $43,000 after acquiring an additional 6 shares during the period. Finally, Versant Capital Management Inc boosted its stake in shares of Fair Isaac by 500.0% in the 4th quarter. Versant Capital Management Inc now owns 24 shares of the technology company’s stock valued at $48,000 after purchasing an additional 20 shares in the last quarter. Institutional investors and hedge funds own 85.75% of the company’s stock.
Analyst Ratings Changes
A number of brokerages recently issued reports on FICO. Barclays increased their target price on shares of Fair Isaac from $2,150.00 to $2,350.00 and gave the stock an “overweight” rating in a research report on Thursday, November 7th. UBS Group dropped their price objective on shares of Fair Isaac from $2,250.00 to $2,100.00 and set a “neutral” rating for the company in a report on Monday, January 27th. Needham & Company LLC reissued a “buy” rating and issued a $2,500.00 target price on shares of Fair Isaac in a report on Wednesday, February 5th. The Goldman Sachs Group raised their price target on Fair Isaac from $2,374.00 to $2,661.00 and gave the company a “buy” rating in a report on Thursday, December 5th. Finally, JPMorgan Chase & Co. began coverage on Fair Isaac in a research report on Friday, December 20th. They issued a “neutral” rating and a $2,150.00 price objective for the company. Four investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $2,088.15.
Insider Activity at Fair Isaac
In related news, CFO Steven P. Weber sold 139 shares of the stock in a transaction that occurred on Thursday, January 9th. The shares were sold at an average price of $1,964.42, for a total value of $273,054.38. Following the sale, the chief financial officer now directly owns 2,478 shares in the company, valued at $4,867,832.76. This trade represents a 5.31 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO William J. Lansing sold 6,010 shares of the business’s stock in a transaction that occurred on Tuesday, February 11th. The shares were sold at an average price of $1,804.23, for a total transaction of $10,843,422.30. Following the transaction, the chief executive officer now owns 42,138 shares of the company’s stock, valued at approximately $76,026,643.74. This represents a 12.48 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 13,170 shares of company stock worth $27,132,248 over the last ninety days. Company insiders own 3.46% of the company’s stock.
Fair Isaac Stock Down 1.9 %
FICO stock opened at $1,834.84 on Friday. Fair Isaac Co. has a twelve month low of $1,105.65 and a twelve month high of $2,402.51. The company has a market cap of $44.80 billion, a P/E ratio of 84.21, a PEG ratio of 3.27 and a beta of 1.39. The business has a fifty day moving average of $1,896.21 and a 200-day moving average of $1,975.52.
Fair Isaac (NYSE:FICO – Get Free Report) last announced its quarterly earnings data on Tuesday, February 4th. The technology company reported $4.15 earnings per share for the quarter, missing the consensus estimate of $6.21 by ($2.06). Fair Isaac had a negative return on equity of 53.40% and a net margin of 30.66%. As a group, equities research analysts anticipate that Fair Isaac Co. will post 24.15 earnings per share for the current fiscal year.
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.
See Also
- Five stocks we like better than Fair Isaac
- How to Calculate Options Profits
- Volatility Is Back: 3 Stocks To Cushion the S&P 500’s Swings
- Why Invest in 5G? How to Invest in 5G Stocks
- 2 Catalysts That Could Push NVIDIA Stock Up 30% This Year
- Insider Trading – What You Need to Know
- Do GM Stock Buybacks Make the Stock Buyable For Investors?
Want to see what other hedge funds are holding FICO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Fair Isaac Co. (NYSE:FICO – Free Report).
Receive News & Ratings for Fair Isaac Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fair Isaac and related companies with MarketBeat.com's FREE daily email newsletter.