Mutual of America Capital Management LLC Has $3.85 Million Stake in Fair Isaac Co. (NYSE:FICO)

Mutual of America Capital Management LLC trimmed its holdings in shares of Fair Isaac Co. (NYSE:FICO) by 4.9% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,308 shares of the technology company’s stock after selling 171 shares during the period. Mutual of America Capital Management LLC’s holdings in Fair Isaac were worth $3,851,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. State Street Corp increased its holdings in Fair Isaac by 20.3% during the 1st quarter. State Street Corp now owns 996,863 shares of the technology company’s stock valued at $700,484,000 after purchasing an additional 168,468 shares in the last quarter. T. Rowe Price Investment Management Inc. increased its stake in shares of Fair Isaac by 0.6% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 929,015 shares of the technology company’s stock valued at $556,090,000 after buying an additional 5,225 shares during the period. Geode Capital Management LLC increased its stake in shares of Fair Isaac by 48.9% in the 1st quarter. Geode Capital Management LLC now owns 577,240 shares of the technology company’s stock valued at $405,140,000 after buying an additional 189,562 shares during the period. Kayne Anderson Rudnick Investment Management LLC increased its stake in shares of Fair Isaac by 1.0% in the 3rd quarter. Kayne Anderson Rudnick Investment Management LLC now owns 457,738 shares of the technology company’s stock valued at $397,560,000 after buying an additional 4,584 shares during the period. Finally, Morgan Stanley increased its stake in shares of Fair Isaac by 25.0% in the 4th quarter. Morgan Stanley now owns 449,919 shares of the technology company’s stock valued at $269,313,000 after buying an additional 89,888 shares during the period. 85.75% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms have recently commented on FICO. Jefferies Financial Group lifted their target price on Fair Isaac from $1,210.00 to $1,450.00 and gave the company a “buy” rating in a research note on Wednesday, January 17th. Redburn Atlantic began coverage on Fair Isaac in a research note on Tuesday. They issued a “neutral” rating and a $1,113.00 target price for the company. Raymond James raised their price target on 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. Barclays raised their price target on Fair Isaac from $1,234.00 to $1,500.00 and gave the stock an “overweight” rating in a research report on Friday, January 26th. Finally, Needham & Company LLC raised their price target on Fair Isaac from $1,100.00 to $1,500.00 and gave the stock a “buy” rating in a research report on Friday, January 26th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and six have assigned a buy rating to the company’s stock. According to data from MarketBeat, Fair Isaac presently has an average rating of “Moderate Buy” and an average target price of $1,180.45.

Insiders Place Their Bets

In other Fair Isaac news, CEO William J. Lansing sold 8,000 shares of Fair Isaac stock in a transaction dated Tuesday, February 20th. The stock was sold at an average price of $1,259.91, for a total transaction of $10,079,280.00. Following the transaction, the chief executive officer now directly owns 28,638 shares in the company, valued at $36,081,302.58. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 3.54% of the company’s stock.

Fair Isaac Trading Up 0.2 %

FICO stock opened at $1,152.27 on Wednesday. The business’s 50-day moving average price is $1,259.59 and its two-hundred day moving average price is $1,136.53. The firm has a market cap of $28.63 billion, a PE ratio of 64.41, a P/E/G ratio of 2.60 and a beta of 1.21. Fair Isaac Co. has a 1-year low of $686.08 and a 1-year high of $1,349.75.

Fair Isaac (NYSE:FICO) last posted its earnings results on Thursday, January 25th. The technology company reported $3.87 earnings per share for the quarter, topping the consensus estimate of $3.76 by $0.11. The firm had revenue of $382.06 million for the quarter, compared to analyst estimates of $386.55 million. Fair Isaac had a negative return on equity of 57.80% and a net margin of 29.20%. On average, analysts forecast that Fair Isaac Co. will post 19.95 earnings per share 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.