Janus Henderson Group PLC Grows Position in Fair Isaac Co. (NYSE:FICO)

Janus Henderson Group PLC increased its position in shares of Fair Isaac Co. (NYSE:FICO) by 81.0% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 7,821 shares of the technology company’s stock after buying an additional 3,501 shares during the period. Janus Henderson Group PLC’s holdings in Fair Isaac were worth $15,561,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in FICO. Rakuten Securities Inc. boosted its holdings in Fair Isaac by 160.0% in the fourth quarter. Rakuten Securities Inc. now owns 13 shares of the technology company’s stock valued at $26,000 after purchasing an additional 8 shares in the last quarter. Pinnacle Holdings LLC acquired a new position in Fair Isaac in the fourth quarter valued at approximately $26,000. Berbice Capital Management LLC acquired a new position in Fair Isaac in the fourth quarter valued at approximately $40,000. Avalon Trust Co acquired a new position in Fair Isaac in the fourth quarter valued at approximately $40,000. Finally, OFI Invest Asset Management acquired a new position in Fair Isaac in the fourth quarter valued at approximately $42,000. 85.75% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Fair Isaac news, EVP Thomas A. Bowers sold 4,077 shares of the stock in a transaction on Friday, May 2nd. The stock was sold at an average price of $2,057.05, for a total value of $8,386,592.85. Following the completion of the transaction, the executive vice president now owns 9,974 shares in the company, valued at approximately $20,517,016.70. This represents a 29.02% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO William J. Lansing sold 4,092 shares of the stock in a transaction on Tuesday, March 11th. The stock was sold at an average price of $1,727.69, for a total value of $7,069,707.48. Following the completion of the transaction, the chief executive officer now owns 42,138 shares of the company’s stock, valued at $72,801,401.22. The trade was a 8.85% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 17,933 shares of company stock worth $35,250,629. 3.46% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on FICO shares. Robert W. Baird upped their price target on Fair Isaac from $1,775.00 to $1,837.00 and gave the company a “neutral” rating in a report on Wednesday, April 30th. UBS Group decreased their price objective on Fair Isaac from $2,250.00 to $2,100.00 and set a “neutral” rating for the company in a report on Monday, January 27th. Oppenheimer increased their price objective on Fair Isaac from $2,116.00 to $2,293.00 and gave the company an “outperform” rating in a report on Thursday, May 8th. Jefferies Financial Group reissued a “buy” rating and issued a $2,500.00 price objective (up from $2,225.00) on shares of Fair Isaac in a report on Wednesday. Finally, Raymond James increased their price objective on Fair Isaac from $2,030.00 to $2,230.00 and gave the company an “outperform” rating in a report on Wednesday, April 30th. Three research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. Based on data from MarketBeat.com, Fair Isaac currently has an average rating of “Moderate Buy” and an average price target of $2,299.31.

Fair Isaac Price Performance

Fair Isaac stock opened at $2,199.97 on Friday. Fair Isaac Co. has a 12 month low of $1,266.72 and a 12 month high of $2,402.52. The business has a 50 day simple moving average of $1,915.89 and a 200-day simple moving average of $1,985.66. The stock has a market capitalization of $53.55 billion, a PE ratio of 100.96, a price-to-earnings-growth ratio of 3.27 and a beta of 1.40.

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

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.