AGF Management Ltd. Grows Stake in Fair Isaac Co. (NYSE:FICO)

AGF Management Ltd. grew its stake in Fair Isaac Co. (NYSE:FICO - Free Report) by 62.2% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 639 shares of the technology company's stock after acquiring an additional 245 shares during the quarter. AGF Management Ltd.'s holdings in Fair Isaac were worth $1,272,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. True Wealth Design LLC boosted its holdings in Fair Isaac by 900.0% in the third quarter. True Wealth Design LLC now owns 20 shares of the technology company's stock worth $39,000 after acquiring an additional 18 shares in the last quarter. Berbice Capital Management LLC bought a new stake in Fair Isaac in the fourth quarter worth $40,000. Meeder Asset Management Inc. boosted its holdings in Fair Isaac by 37.5% in the third quarter. Meeder Asset Management Inc. now owns 22 shares of the technology company's stock worth $43,000 after acquiring an additional 6 shares in the last quarter. OFI Invest Asset Management bought a new stake in Fair Isaac in the fourth quarter worth $42,000. Finally, Versant Capital Management Inc boosted its holdings in Fair Isaac by 500.0% in the fourth quarter. Versant Capital Management Inc now owns 24 shares of the technology company's stock worth $48,000 after acquiring an additional 20 shares in the last quarter. 85.75% of the stock is owned by institutional investors.

Fair Isaac Trading Up 3.4 %

FICO stock traded up $60.86 during trading on Wednesday, reaching $1,874.47. The stock had a trading volume of 151,073 shares, compared to its average volume of 171,682. Fair Isaac Co. has a 52 week low of $1,105.65 and a 52 week high of $2,402.52. The stock's 50 day moving average is $1,840.28 and its two-hundred day moving average is $1,985.29. The firm has a market cap of $45.77 billion, a PE ratio of 86.02, a PEG ratio of 3.27 and a beta of 1.41.

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Fair Isaac (NYSE:FICO - Get Free Report) last posted its earnings results on Tuesday, February 4th. The technology company reported $4.15 earnings per share for the quarter, missing analysts' consensus estimates of $6.21 by ($2.06). Fair Isaac had a net margin of 30.66% and a negative return on equity of 53.40%. On average, research analysts anticipate that Fair Isaac Co. will post 24.15 EPS for the current year.

Wall Street Analyst Weigh In

FICO has been the topic of several analyst reports. Wells Fargo & Company dropped their target price on Fair Isaac from $2,650.00 to $2,600.00 and set an "overweight" rating on the stock in a report on Wednesday, February 5th. Robert W. Baird lowered their price target on Fair Isaac from $1,975.00 to $1,775.00 and set a "neutral" rating on the stock in a report on Wednesday, February 5th. The Goldman Sachs Group upped their price target on Fair Isaac from $2,374.00 to $2,661.00 and gave the company a "buy" rating in a report on Thursday, December 5th. Oppenheimer lowered their price target on Fair Isaac from $2,515.00 to $2,409.00 and set an "outperform" rating on the stock in a report on Tuesday, January 7th. Finally, JPMorgan Chase & Co. assumed coverage on Fair Isaac in a report on Friday, December 20th. They set a "neutral" rating and a $2,150.00 price target on the stock. Four equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $2,088.15.

Insiders Place Their Bets

In other Fair Isaac news, CFO Steven P. Weber sold 139 shares of the company's stock in a transaction dated Thursday, January 9th. The stock was sold at an average price of $1,964.42, for a total value of $273,054.38. Following the completion of the sale, the chief financial officer now owns 2,478 shares in the company, valued at $4,867,832.76. This represents a 5.31 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CEO William J. Lansing sold 6,010 shares of the company's stock in a transaction dated Tuesday, February 11th. The stock was sold at an average price of $1,804.23, for a total value of $10,843,422.30. Following the completion of the sale, the chief executive officer now owns 42,138 shares of the company's stock, valued at approximately $76,026,643.74. The trade was a 12.48 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 10,241 shares of company stock worth $18,186,184 over the last quarter. 3.46% of the stock is currently owned by corporate insiders.

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.