1832 Asset Management L.P. Sells 152 Shares of Fair Isaac Co. (NYSE:FICO)

1832 Asset Management L.P. lessened its position in Fair Isaac Co. (NYSE:FICOFree Report) by 21.5% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 555 shares of the technology company’s stock after selling 152 shares during the period. 1832 Asset Management L.P.’s holdings in Fair Isaac were worth $646,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of FICO. International Assets Investment Management LLC increased its stake in Fair Isaac by 112,366.2% in the fourth quarter. International Assets Investment Management LLC now owns 399,255 shares of the technology company’s stock valued at $464,737,000 after purchasing an additional 398,900 shares in the last quarter. Norges Bank acquired a new position in shares of Fair Isaac in the fourth quarter valued at approximately $259,509,000. American Century Companies Inc. boosted its holdings in shares of Fair Isaac by 39.6% in the third quarter. American Century Companies Inc. now owns 366,865 shares of the technology company’s stock valued at $318,633,000 after buying an additional 104,161 shares during the period. Schroder Investment Management Group boosted its holdings in shares of Fair Isaac by 191.0% in the third quarter. Schroder Investment Management Group now owns 111,635 shares of the technology company’s stock valued at $96,958,000 after buying an additional 73,267 shares during the period. Finally, Franklin Resources Inc. boosted its holdings in shares of Fair Isaac by 25.2% in the fourth quarter. Franklin Resources Inc. now owns 283,565 shares of the technology company’s stock valued at $330,072,000 after buying an additional 57,010 shares during the period. Institutional investors own 85.75% of the company’s stock.

Fair Isaac Trading Down 0.0 %

Shares of FICO opened at $1,309.89 on Tuesday. The stock has a market capitalization of $32.37 billion, a price-to-earnings ratio of 68.76, a PEG ratio of 3.53 and a beta of 1.31. The firm has a fifty day simple moving average of $1,260.31 and a 200 day simple moving average of $1,231.03. Fair Isaac Co. has a 12 month low of $764.49 and a 12 month high of $1,451.78.

Fair Isaac (NYSE:FICOGet Free Report) last announced its quarterly earnings results on Thursday, April 25th. The technology company reported $5.09 EPS for the quarter, beating analysts’ consensus estimates of $4.89 by $0.20. The firm had revenue of $433.81 million during the quarter, compared to analysts’ expectations of $425.94 million. Fair Isaac had a net margin of 29.99% and a negative return on equity of 62.28%. As a group, research analysts predict that Fair Isaac Co. will post 19.75 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on FICO. Raymond James upped their price target on shares of Fair Isaac from $1,413.00 to $1,418.00 and gave the company an “outperform” rating in a report on Friday, April 26th. Needham & Company LLC reiterated a “buy” rating and issued a $1,500.00 price target on shares of Fair Isaac in a report on Monday, April 22nd. Finally, Redburn Atlantic started coverage on shares of Fair Isaac in a report on Tuesday, April 16th. They set a “neutral” rating and a $1,113.00 target price for the company. One 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, the company presently has an average rating of “Moderate Buy” and an average target price of $1,274.33.

Get Our Latest Analysis on Fair Isaac

Insider Buying and Selling at Fair Isaac

In other Fair Isaac news, Director Joanna Rees sold 1,000 shares of the stock in a transaction on Thursday, May 9th. The shares were sold at an average price of $1,255.00, for a total value of $1,255,000.00. Following the completion of the sale, the director now owns 21,118 shares in the company, valued at $26,503,090. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. In other news, Director Joanna Rees sold 1,000 shares of the firm’s stock in a transaction dated Thursday, May 9th. The shares were sold at an average price of $1,255.00, for a total transaction of $1,255,000.00. Following the completion of the sale, the director now owns 21,118 shares in the company, valued at approximately $26,503,090. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Mark R. Scadina sold 423 shares of the firm’s stock in a transaction dated Thursday, May 23rd. The stock was sold at an average price of $1,372.12, for a total transaction of $580,406.76. Following the sale, the executive vice president now owns 32,229 shares of the company’s stock, valued at approximately $44,222,055.48. The disclosure for this sale can be found here. Insiders sold a total of 18,423 shares of company stock worth $22,142,247 over the last quarter. 3.54% of the stock is currently owned by insiders.

About Fair Isaac

(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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