Twinbeech Capital LP Takes Position in Fair Isaac Co. (NYSE:FICO)

Twinbeech Capital LP acquired a new stake in Fair Isaac Co. (NYSE:FICO) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 33,511 shares of the technology company’s stock, valued at approximately $66,718,000. Fair Isaac comprises about 1.1% of Twinbeech Capital LP’s portfolio, making the stock its 14th largest position. Twinbeech Capital LP owned about 0.14% of Fair Isaac at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the business. Mechanics Bank Trust Department boosted its holdings in Fair Isaac by 5.7% during the fourth quarter. Mechanics Bank Trust Department now owns 112 shares of the technology company’s stock worth $223,000 after buying an additional 6 shares in the last quarter. Alpha Cubed Investments LLC boosted its holdings in Fair Isaac by 1.3% during the fourth quarter. Alpha Cubed Investments LLC now owns 473 shares of the technology company’s stock worth $942,000 after buying an additional 6 shares in the last quarter. Resonant Capital Advisors LLC boosted its holdings in Fair Isaac by 2.0% during the fourth quarter. Resonant Capital Advisors LLC now owns 306 shares of the technology company’s stock worth $609,000 after buying an additional 6 shares in the last quarter. Mather Group LLC. boosted its holdings in Fair Isaac by 5.2% during the fourth quarter. Mather Group LLC. now owns 122 shares of the technology company’s stock worth $243,000 after buying an additional 6 shares in the last quarter. Finally, D.A. Davidson & CO. boosted its holdings in Fair Isaac by 1.0% during the fourth quarter. D.A. Davidson & CO. now owns 621 shares of the technology company’s stock worth $1,236,000 after buying an additional 6 shares in the last quarter. 85.75% of the stock is owned by hedge funds and other institutional investors.

Fair Isaac Trading Up 0.9%

Fair Isaac stock opened at $2,199.97 on Monday. Fair Isaac Co. has a 12-month low of $1,266.72 and a 12-month high of $2,402.52. The stock has a market cap of $53.55 billion, a P/E ratio of 100.96, a PEG ratio of 3.27 and a beta of 1.40. The company has a 50-day moving average price of $1,915.89 and a 200 day moving average price of $1,985.45.

Fair Isaac (NYSE:FICO) last released its quarterly earnings data on Tuesday, April 29th. The technology company reported $7.81 earnings per share (EPS) for the quarter, topping the consensus estimate of $7.33 by $0.48. Fair Isaac had a net margin of 30.66% and a negative return on equity of 53.40%. The firm had revenue of $498.74 million during the quarter, compared to analysts’ expectations of $500.45 million. During the same period last year, the business earned $6.14 earnings per share. Fair Isaac’s revenue was up 15.0% compared to the same quarter last year. As a group, analysts forecast that Fair Isaac Co. will post 24.15 EPS for the current year.

Insiders Place Their Bets

In other news, Director Marc F. Mcmorris sold 797 shares of the firm’s stock in a transaction that occurred on Friday, May 9th. The shares were sold at an average price of $2,087.50, for a total value of $1,663,737.50. Following the completion of the transaction, the director now owns 242 shares of the company’s stock, valued at approximately $505,175. This trade represents a 76.71% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO William J. Lansing sold 4,092 shares of the firm’s 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 transaction of $7,069,707.48. Following the completion of the transaction, the chief executive officer now directly owns 42,138 shares of the company’s stock, valued at approximately $72,801,401.22. The trade was a 8.85% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 17,933 shares of company stock valued at $35,250,629 over the last 90 days. 3.46% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

FICO has been the subject of a number of research analyst reports. Jefferies Financial Group restated a “buy” rating and set a $2,500.00 price objective (up from $2,225.00) on shares of Fair Isaac in a research report on Wednesday. Barclays reduced their price objective on shares of Fair Isaac from $2,350.00 to $2,250.00 and set an “overweight” rating for the company in a research report on Friday, April 4th. Robert W. Baird upped their price objective on shares of Fair Isaac from $1,775.00 to $1,837.00 and gave the stock a “neutral” rating in a research report on Wednesday, April 30th. Royal Bank of Canada upgraded shares of Fair Isaac from a “sector perform” rating to an “outperform” rating and upped their price objective for the stock from $2,040.00 to $2,170.00 in a research report on Wednesday, February 26th. Finally, 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. Three research analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. According to MarketBeat, Fair Isaac has a consensus rating of “Moderate Buy” and an average price target of $2,299.31.

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.