AKO Capital LLP Trims Holdings in Fair Isaac Co. (NYSE:FICO)

AKO Capital LLP cut its stake in Fair Isaac Co. (NYSE:FICO) by 33.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 148,602 shares of the technology company’s stock after selling 73,574 shares during the period. Fair Isaac comprises about 4.1% of AKO Capital LLP’s investment portfolio, making the stock its 13th largest position. AKO Capital LLP owned 0.61% of Fair Isaac worth $295,856,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently added to or reduced their stakes in FICO. Vanguard Group Inc. lifted its holdings in shares of Fair Isaac by 0.8% in the 4th quarter. Vanguard Group Inc. now owns 2,903,694 shares of the technology company’s stock worth $5,781,051,000 after buying an additional 22,178 shares during the period. State Street Corp raised its stake in Fair Isaac by 0.5% in the third quarter. State Street Corp now owns 1,045,165 shares of the technology company’s stock worth $2,031,299,000 after buying an additional 5,472 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in shares of Fair Isaac by 0.8% during the 4th quarter. JPMorgan Chase & Co. now owns 678,613 shares of the technology company’s stock worth $1,351,073,000 after purchasing an additional 5,371 shares during the last quarter. Geode Capital Management LLC raised its holdings in Fair Isaac by 1.0% in the third quarter. Geode Capital Management LLC now owns 645,379 shares of the technology company’s stock worth $1,251,537,000 after purchasing an additional 6,510 shares in the last quarter. Finally, Principal Financial Group Inc. lifted its position in shares of Fair Isaac by 0.5% during the third quarter. Principal Financial Group Inc. now owns 372,582 shares of the technology company’s stock valued at $724,122,000 after buying an additional 1,977 shares during the last quarter. Hedge funds and other institutional investors own 85.75% of the company’s stock.

Fair Isaac Trading Down 1.9 %

NYSE FICO opened at $1,883.85 on Thursday. Fair Isaac Co. has a twelve month low of $1,105.65 and a twelve month high of $2,402.52. The stock has a 50-day moving average of $1,831.78 and a 200 day moving average of $1,989.83. The stock has a market capitalization of $46.00 billion, a price-to-earnings ratio of 86.45, a PEG ratio of 3.27 and a beta of 1.41.

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

Analysts Set New Price Targets

Several research analysts recently commented on the stock. Needham & Company LLC reiterated a “buy” rating and set a $2,500.00 price objective on shares of Fair Isaac in a research note on Wednesday, February 5th. JPMorgan Chase & Co. assumed 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. Royal Bank of Canada upgraded Fair Isaac from a “sector perform” rating to an “outperform” rating and boosted their target price for the stock from $2,040.00 to $2,170.00 in a research note on Wednesday, February 26th. 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 note on Monday, January 27th. Finally, Oppenheimer cut their price target on shares of Fair Isaac from $2,515.00 to $2,409.00 and set an “outperform” rating on the stock in a report on Tuesday, January 7th. Four equities research 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 stock has an average rating of “Moderate Buy” and an average price target of $2,088.15.

Insider Buying and Selling

In other news, CFO Steven P. Weber sold 139 shares of the stock in a transaction dated 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 completion of the sale, the chief financial officer now directly owns 2,478 shares in the company, 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 link. Also, CEO William J. Lansing sold 4,092 shares of the stock in a transaction that occurred on Tuesday, March 11th. The shares were sold at an average price of $1,727.69, for a total value of $7,069,707.48. Following the completion of the sale, the chief executive officer now directly owns 42,138 shares of the company’s stock, valued at approximately $72,801,401.22. This represents a 8.85 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 10,241 shares of company stock worth $18,186,184 in the last 90 days. Insiders own 3.46% of the company’s stock.

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.