Fair Isaac Co. (NYSE:FICO) Shares Bought by D.A. Davidson & CO.

D.A. Davidson & CO. lifted its stake in shares of Fair Isaac Co. (NYSE:FICO) by 1.0% during the 4th quarter, Holdings Channel reports. The fund owned 621 shares of the technology company’s stock after buying an additional 6 shares during the quarter. D.A. Davidson & CO.’s holdings in Fair Isaac were worth $1,236,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of FICO. AustralianSuper Pty Ltd boosted its stake in Fair Isaac by 1,270.9% during the third quarter. AustralianSuper Pty Ltd now owns 73,276 shares of the technology company’s stock worth $142,413,000 after buying an additional 67,931 shares during the period. FMR LLC lifted its holdings in Fair Isaac by 46.1% during the 3rd quarter. FMR LLC now owns 207,026 shares of the technology company’s stock worth $402,358,000 after buying an additional 65,297 shares in the last quarter. Jennison Associates LLC grew its stake 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 in the last quarter. Mizuho Securities USA LLC increased its holdings in Fair Isaac by 1,845.2% during 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. Finally, Assenagon Asset Management S.A. grew its position in shares of Fair Isaac by 650.9% during the fourth quarter. Assenagon Asset Management S.A. now owns 18,810 shares of the technology company’s stock worth $37,449,000 after buying an additional 16,305 shares in the last quarter. 85.75% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Fair Isaac

In other news, CFO Steven P. Weber sold 139 shares of the company’s stock in a transaction dated 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 completion of the sale, the chief financial officer now owns 2,478 shares of the company’s stock, valued at $4,867,832.76. This represents a 5.31 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO William J. Lansing sold 6,010 shares of Fair Isaac 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 sale, the chief executive officer now owns 42,138 shares in the company, valued at $76,026,643.74. This represents a 12.48 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 13,170 shares of company stock worth $27,132,248. 3.46% of the stock is owned by company insiders.

Fair Isaac Stock Down 1.7 %

FICO opened at $1,697.04 on Monday. The business’s fifty day simple moving average is $1,919.33 and its 200 day simple moving average is $1,976.72. Fair Isaac Co. has a 52 week low of $1,105.65 and a 52 week high of $2,402.51. The firm has a market cap of $41.44 billion, a P/E ratio of 77.88, a PEG ratio of 3.27 and a beta of 1.39.

Fair Isaac (NYSE:FICO) last issued its quarterly earnings results on Tuesday, February 4th. The technology company reported $4.15 earnings per share for the quarter, missing analysts’ consensus estimates 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 analysts expect that Fair Isaac Co. will post 24.15 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages recently commented on FICO. Jefferies Financial Group lowered their target price on shares of Fair Isaac from $2,275.00 to $2,175.00 and set a “buy” rating for the company in a research note on Wednesday, February 5th. Barclays raised their price objective 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. Robert W. Baird dropped their target price on Fair Isaac from $1,975.00 to $1,775.00 and set a “neutral” rating on the stock in a report on Wednesday, February 5th. UBS Group reduced 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 research report on Monday, January 27th. Finally, Wells Fargo & Company reduced their target price on Fair Isaac from $2,650.00 to $2,600.00 and set an “overweight” rating for the company in a report on Wednesday, February 5th. Five analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $2,078.15.

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.