Assenagon Asset Management S.A. Purchases 2,320 Shares of Fair Isaac Co. (NYSE:FICO)

Assenagon Asset Management S.A. grew its position in Fair Isaac Co. (NYSE:FICOFree Report) by 125.8% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 4,164 shares of the technology company’s stock after buying an additional 2,320 shares during the period. Assenagon Asset Management S.A.’s holdings in Fair Isaac were worth $4,847,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of FICO. Private Advisor Group LLC acquired a new stake in Fair Isaac in the 1st quarter worth approximately $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. 85.75% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, Director Eva Manolis sold 5,128 shares of the business’s stock in a transaction on Tuesday, January 2nd. The shares were sold at an average price of $1,127.62, for a total value of $5,782,435.36. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. In other Fair Isaac news, CFO Steven P. Weber sold 136 shares of Fair Isaac stock in a transaction on Tuesday, January 9th. The shares were sold at an average price of $1,159.66, for a total transaction of $157,713.76. Following the sale, the chief financial officer now owns 1,935 shares of the company’s stock, valued at approximately $2,243,942.10. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Eva Manolis sold 5,128 shares of Fair Isaac stock in a transaction on Tuesday, January 2nd. The stock was sold at an average price of $1,127.62, for a total transaction of $5,782,435.36. The disclosure for this sale can be found here. In the last quarter, insiders sold 21,264 shares of company stock valued at $25,826,869. 3.54% of the stock is owned by corporate insiders.

Fair Isaac Price Performance

NYSE:FICO opened at $1,249.61 on Monday. The firm has a market cap of $31.05 billion, a price-to-earnings ratio of 69.85, a price-to-earnings-growth ratio of 3.60 and a beta of 1.22. The company has a 50 day moving average price of $1,268.55 and a 200-day moving average price of $1,109.69. Fair Isaac Co. has a 1-year low of $664.41 and a 1-year high of $1,349.75.

Fair Isaac (NYSE:FICOGet Free Report) last posted its earnings results on Thursday, January 25th. The technology company reported $3.87 earnings per share for the quarter, beating the consensus estimate of $3.76 by $0.11. The firm had revenue of $382.06 million during the quarter, compared to analyst estimates of $386.55 million. Fair Isaac had a net margin of 29.20% and a negative return on equity of 57.80%. On average, sell-side analysts anticipate that Fair Isaac Co. will post 20.01 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of research firms recently commented on FICO. Needham & Company LLC lifted their target price on shares of Fair Isaac from $1,100.00 to $1,500.00 and gave the stock a “buy” rating in a research note on Friday, January 26th. Royal Bank of Canada reissued a “sector perform” rating and set a $1,350.00 price target on shares of Fair Isaac in a research report on Friday, January 26th. The Goldman Sachs Group raised their price target on shares of Fair Isaac from $1,156.00 to $1,289.00 and gave the stock a “buy” rating in a research report on Monday, December 4th. Raymond James raised their price target on shares of Fair Isaac from $1,214.00 to $1,400.00 and gave the stock an “outperform” rating in a research report on Friday, January 26th. Finally, Jefferies Financial Group raised 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 report on Wednesday, January 17th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and six have issued a buy rating to the company. According to data from MarketBeat, Fair Isaac presently has an average rating of “Moderate Buy” and an average price target of $1,187.20.

Check Out Our Latest Stock Report on FICO

Fair Isaac Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Fair Isaac (NYSE:FICO)

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