Commerzbank Aktiengesellschaft FI Takes Position in Fair Isaac Co. (NYSE:FICO)

Commerzbank Aktiengesellschaft FI purchased a new stake in Fair Isaac Co. (NYSE:FICO) in the fourth quarter, Holdings Channel reports. The firm purchased 119 shares of the technology company’s stock, valued at approximately $240,000.

Other institutional investors have also made changes to their positions in the company. First National Bank of Omaha bought a new stake in shares of Fair Isaac in the 3rd quarter valued at approximately $1,576,000. National Bank of Canada FI increased its holdings in shares of Fair Isaac by 51.9% in the 3rd quarter. National Bank of Canada FI now owns 19,817 shares of the technology company’s stock valued at $38,514,000 after acquiring an additional 6,768 shares during the last quarter. Donoghue Forlines LLC bought a new position in Fair Isaac during the 4th quarter worth $1,935,000. BNP Paribas acquired a new stake in Fair Isaac in the third quarter worth $445,000. Finally, Czech National Bank lifted its stake in Fair Isaac by 5.7% in the fourth quarter. Czech National Bank now owns 5,280 shares of the technology company’s stock valued at $10,512,000 after buying an additional 286 shares during the last quarter. 85.75% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities analysts have recently commented on the stock. The Goldman Sachs Group upped their price target on shares of Fair Isaac from $2,374.00 to $2,661.00 and gave the stock a “buy” rating in a research report on Thursday, December 5th. Jefferies Financial Group dropped their price target on shares of Fair Isaac from $2,275.00 to $2,175.00 and set a “buy” rating on the stock in a research note on Wednesday, February 5th. UBS Group reduced their price objective on Fair Isaac from $2,250.00 to $2,100.00 and set a “neutral” rating for the company in a research report on Monday, January 27th. Barclays raised their target price on Fair Isaac from $2,150.00 to $2,350.00 and gave the company an “overweight” rating in a research report on Thursday, November 7th. Finally, Royal Bank of Canada upgraded Fair Isaac from a “sector perform” rating to an “outperform” rating and raised their target price for the company from $2,040.00 to $2,170.00 in a research report on Wednesday, February 26th. Four investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $2,088.15.

Fair Isaac Stock Performance

Shares of FICO stock opened at $1,874.14 on Thursday. Fair Isaac Co. has a 1 year low of $1,105.65 and a 1 year high of $2,402.52. The stock has a market cap of $45.76 billion, a PE ratio of 86.01, a price-to-earnings-growth ratio of 3.27 and a beta of 1.39. The business’s fifty day moving average is $1,883.11 and its 200-day moving average is $1,981.04.

Fair Isaac (NYSE:FICO) last issued its quarterly earnings results on Tuesday, February 4th. The technology company reported $4.15 earnings per share (EPS) for the quarter, missing the consensus estimate of $6.21 by ($2.06). Fair Isaac had a net margin of 30.66% and a negative return on equity of 53.40%. Equities research analysts predict that Fair Isaac Co. will post 24.15 earnings per share for the current year.

Insider Transactions at Fair Isaac

In other news, CEO William J. Lansing sold 6,010 shares of the firm’s stock in a transaction on Tuesday, February 11th. The stock was sold at an average price of $1,804.23, for a total transaction of $10,843,422.30. Following the completion of the sale, the chief executive officer now directly owns 42,138 shares of the company’s stock, valued at $76,026,643.74. This trade represents a 12.48 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO Steven P. Weber sold 139 shares of the firm’s stock in a transaction on Thursday, January 9th. The stock was 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 of the company’s stock, valued at approximately $4,867,832.76. This represents a 5.31 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 9,670 shares of company stock valued at $18,823,773 in the last three months. 3.46% of the stock is currently owned by corporate insiders.

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.