National Pension Service Raises Position in Fair Isaac Co. (NYSE:FICO)

National Pension Service lifted its stake in Fair Isaac Co. (NYSE:FICO) by 104.9% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 79,248 shares of the technology company’s stock after purchasing an additional 40,574 shares during the quarter. National Pension Service owned about 0.32% of Fair Isaac worth $157,777,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. AustralianSuper Pty Ltd lifted its stake 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 worth $142,413,000 after purchasing an additional 67,931 shares during the last quarter. FMR LLC raised its holdings in shares of Fair Isaac by 46.1% in the third 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 during the period. Jennison Associates LLC boosted 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 valued at $468,677,000 after acquiring an additional 62,653 shares during the period. Mizuho Securities USA LLC boosted 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 valued at $72,169,000 after acquiring an additional 35,224 shares during the period. Finally, Assenagon Asset Management S.A. grew its position in Fair Isaac by 650.9% in the 4th quarter. Assenagon Asset Management S.A. now owns 18,810 shares of the technology company’s stock valued at $37,449,000 after acquiring an additional 16,305 shares during the last quarter. Institutional investors own 85.75% of the company’s stock.

Insider Activity

In related news, CEO William J. Lansing sold 6,010 shares of Fair Isaac stock in a transaction on Tuesday, February 11th. The shares were sold at an average price of $1,804.23, for a total value of $10,843,422.30. Following the sale, the chief executive officer now owns 42,138 shares of the company’s stock, valued at approximately $76,026,643.74. This trade represents a 12.48 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Steven P. Weber sold 139 shares of the company’s stock in a transaction on Thursday, January 9th. The stock was sold at an average price of $1,964.42, for a total transaction of $273,054.38. Following the transaction, 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 disclosure for this sale can be found here. Insiders have sold 13,170 shares of company stock worth $27,132,248 in the last ninety days. Company insiders own 3.46% of the company’s stock.

Fair Isaac Stock Up 2.8 %

Shares of FICO stock opened at $1,867.49 on Thursday. Fair Isaac Co. has a 52-week low of $1,105.65 and a 52-week high of $2,402.51. The stock has a market cap of $45.60 billion, a PE ratio of 85.70, a price-to-earnings-growth ratio of 3.27 and a beta of 1.39. The business has a 50-day simple moving average of $1,900.41 and a 200-day simple moving average of $1,976.50.

Fair Isaac (NYSE:FICO) last released its quarterly earnings data on Tuesday, February 4th. The technology company reported $4.15 EPS for the quarter, missing the consensus estimate of $6.21 by ($2.06). Fair Isaac had a negative return on equity of 53.40% and a net margin of 30.66%. Sell-side analysts anticipate that Fair Isaac Co. will post 24.15 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several analysts have recently weighed in on FICO shares. Wells Fargo & Company decreased their target price on Fair Isaac from $2,650.00 to $2,600.00 and set an “overweight” rating for the company in a research report on Wednesday, February 5th. Robert W. Baird decreased their price objective on shares of Fair Isaac from $1,975.00 to $1,775.00 and set a “neutral” rating for the company in a report on Wednesday, February 5th. Royal Bank of Canada upgraded shares of Fair Isaac from a “sector perform” rating to an “outperform” rating and upped their target price for the stock from $2,040.00 to $2,170.00 in a research note on Wednesday. Barclays lifted their price target on shares of Fair Isaac from $2,150.00 to $2,350.00 and gave the company an “overweight” rating in a research note on Thursday, November 7th. Finally, Needham & Company LLC reissued a “buy” rating and issued a $2,500.00 price objective on shares of Fair Isaac in a research note on Wednesday, February 5th. Four analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $2,088.15.

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.