Robeco Institutional Asset Management B.V. Purchases 6,083 Shares of Fair Isaac Co. (NYSE:FICO)

Robeco Institutional Asset Management B.V. increased its position in shares of Fair Isaac Co. (NYSE:FICO) by 26.0% during the fourth quarter, HoldingsChannel reports. The fund owned 29,444 shares of the technology company’s stock after buying an additional 6,083 shares during the quarter. Robeco Institutional Asset Management B.V.’s holdings in Fair Isaac were worth $58,621,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. International Assets Investment Management LLC increased its stake in shares of Fair Isaac by 189,461.6% in the third quarter. International Assets Investment Management LLC now owns 538,355 shares of the technology company’s stock valued at $1,046,304,000 after buying an additional 538,071 shares during the period. AustralianSuper Pty Ltd boosted its holdings in Fair Isaac by 1,270.9% in the third quarter. AustralianSuper Pty Ltd now owns 73,276 shares of the technology company’s stock valued at $142,413,000 after acquiring an additional 67,931 shares during the last quarter. FMR LLC increased its position in Fair Isaac by 46.1% during the 3rd quarter. FMR LLC now owns 207,026 shares of the technology company’s stock valued at $402,358,000 after purchasing an additional 65,297 shares during the period. Jennison Associates LLC raised its holdings in Fair Isaac by 35.1% during the 3rd quarter. Jennison Associates LLC now owns 241,149 shares of the technology company’s stock worth $468,677,000 after purchasing an additional 62,653 shares during the last quarter. Finally, Mizuho Securities USA LLC lifted its position in shares of Fair Isaac by 1,845.2% in the 3rd quarter. Mizuho Securities USA LLC now owns 37,133 shares of the technology company’s stock worth $72,169,000 after purchasing an additional 35,224 shares during the period. Institutional investors and hedge funds own 85.75% of the company’s stock.

Fair Isaac Trading Up 0.6 %

NYSE FICO opened at $1,862.49 on Thursday. The company has a market cap of $45.35 billion, a P/E ratio of 91.08, a PEG ratio of 3.46 and a beta of 1.40. The company has a fifty day simple moving average of $2,089.74 and a 200 day simple moving average of $1,949.60. Fair Isaac Co. has a 12-month low of $1,105.65 and a 12-month high of $2,402.51.

Analyst Upgrades and Downgrades

FICO has been the subject of a number of analyst reports. Robert W. Baird lifted their target price on shares of Fair Isaac from $1,700.00 to $2,000.00 and gave the stock a “neutral” rating in a research note on Thursday, November 7th. Jefferies Financial Group lifted their price objective on Fair Isaac from $2,250.00 to $2,275.00 and gave the stock a “buy” rating in a research report on Wednesday, January 15th. Royal Bank of Canada reissued a “sector perform” rating and issued a $2,040.00 price objective on shares of Fair Isaac in a research note on Thursday, November 7th. Oppenheimer decreased their target price on Fair Isaac from $2,515.00 to $2,409.00 and set an “outperform” rating for the company in a research note on Tuesday, January 7th. Finally, Wells Fargo & Company boosted their price target on Fair Isaac from $2,200.00 to $2,400.00 and gave the company an “overweight” rating in a research note on Thursday, November 7th. Five research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $2,087.77.

Insider Buying and Selling at Fair Isaac

In related news, EVP Thomas A. Bowers sold 2,680 shares of Fair Isaac stock in a transaction that occurred on Monday, November 11th. The stock was sold at an average price of $2,338.21, for a total transaction of $6,266,402.80. Following the transaction, the executive vice president now owns 5,769 shares of the company’s stock, valued at $13,489,133.49. The trade was a 31.72 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP James M. Wehmann sold 3,500 shares of the stock in a transaction on Thursday, November 21st. The shares were sold at an average price of $2,320.41, for a total value of $8,121,435.00. Following the completion of the sale, the executive vice president now directly owns 48,895 shares of the company’s stock, valued at $113,456,446.95. The trade was a 6.68 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 13,589 shares of company stock valued at $31,258,963. Corporate insiders own 3.54% of the company’s stock.

Fair Isaac 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.