Livforsakringsbolaget Skandia Omsesidigt Acquires 26 Shares of Fair Isaac Co. (NYSE:FICO)

Livforsakringsbolaget Skandia Omsesidigt grew its holdings in shares of Fair Isaac Co. (NYSE:FICO) by 76.5% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 60 shares of the technology company’s stock after buying an additional 26 shares during the period. Livforsakringsbolaget Skandia Omsesidigt’s holdings in Fair Isaac were worth $70,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Private Advisor Group LLC bought a new position in Fair Isaac in the 1st quarter worth about $324,000. PNC Financial Services Group Inc. boosted its stake in Fair Isaac by 3.0% in the 1st quarter. PNC Financial Services Group Inc. now owns 1,845 shares of the technology company’s stock worth $860,000 after purchasing an additional 54 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund boosted its stake in Fair Isaac by 423.2% in the 1st quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 293 shares of the technology company’s stock worth $137,000 after purchasing an additional 237 shares in the last quarter. Great West Life Assurance Co. Can boosted its stake in Fair Isaac by 0.7% in the 1st quarter. Great West Life Assurance Co. Can now owns 20,658 shares of the technology company’s stock worth $9,998,000 after purchasing an additional 135 shares in the last quarter. Finally, Raymond James Trust N.A. boosted its stake in Fair Isaac by 12.4% in the 1st quarter. Raymond James Trust N.A. now owns 964 shares of the technology company’s stock worth $449,000 after purchasing an additional 106 shares in the last quarter. Institutional investors own 85.75% of the company’s stock.

Insider Activity

In other news, CEO William J. Lansing sold 8,000 shares of the firm’s stock in a transaction on Tuesday, February 20th. The stock was sold at an average price of $1,259.91, for a total transaction of $10,079,280.00. Following the transaction, the chief executive officer now owns 28,638 shares in the company, valued at $36,081,302.58. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Over the last 90 days, insiders have sold 24,000 shares of company stock worth $29,011,120. Company insiders own 3.54% of the company’s stock.

Fair Isaac Stock Down 2.8 %

FICO stock opened at $1,130.06 on Friday. The business’s fifty day simple moving average is $1,250.01 and its two-hundred day simple moving average is $1,138.67. Fair Isaac Co. has a twelve month low of $692.87 and a twelve month high of $1,349.75. The firm has a market cap of $28.08 billion, a price-to-earnings ratio of 63.17, a PEG ratio of 2.57 and a beta of 1.21.

Fair Isaac (NYSE:FICO) last released its earnings results on Thursday, January 25th. The technology company reported $3.87 earnings per share for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to analyst estimates of $386.55 million. Research analysts expect that Fair Isaac Co. will post 19.95 EPS for the current year.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the stock. Jefferies Financial Group upped their price target on shares of Fair Isaac from $1,210.00 to $1,450.00 and gave the stock a “buy” rating in a research note on Wednesday, January 17th. Raymond James upped their target price on shares of 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. Barclays upped their target price on shares of 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. Needham & Company LLC upped their target price on shares of 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. Finally, Redburn Atlantic began coverage on shares of Fair Isaac in a research note on Tuesday. They set a “neutral” rating and a $1,113.00 target price on the stock. One analyst has rated the stock with a sell rating, three have given a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat.com, Fair Isaac currently has a consensus rating of “Moderate Buy” and an average price target of $1,180.45.

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.