Amundi Increases Stake in Fair Isaac Co. (NYSE:FICO)

Amundi raised its holdings in Fair Isaac Co. (NYSE:FICO - Free Report) by 101.7% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 63,327 shares of the technology company's stock after purchasing an additional 31,923 shares during the quarter. Amundi owned 0.26% of Fair Isaac worth $124,401,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently bought and sold shares of the company. Capital Performance Advisors LLP bought a new position in Fair Isaac in the 3rd quarter valued at $25,000. True Wealth Design LLC grew its stake in shares of Fair Isaac by 900.0% during the 3rd quarter. True Wealth Design LLC now owns 20 shares of the technology company's stock worth $39,000 after acquiring an additional 18 shares during the period. Berbice Capital Management LLC bought a new position in shares of Fair Isaac during the 4th quarter worth $40,000. Meeder Asset Management Inc. grew its stake in shares of Fair Isaac by 37.5% during the 3rd quarter. Meeder Asset Management Inc. now owns 22 shares of the technology company's stock worth $43,000 after acquiring an additional 6 shares during the period. Finally, Versant Capital Management Inc grew its stake in shares of Fair Isaac by 500.0% during the 4th quarter. Versant Capital Management Inc now owns 24 shares of the technology company's stock worth $48,000 after acquiring an additional 20 shares during the period. Institutional investors own 85.75% of the company's stock.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on FICO. Jefferies Financial Group cut their price target on Fair Isaac from $2,275.00 to $2,175.00 and set a "buy" rating for the company in a research note on Wednesday, February 5th. The Goldman Sachs Group increased their price target on Fair Isaac from $2,374.00 to $2,661.00 and gave the stock a "buy" rating in a research note on Thursday, December 5th. Wells Fargo & Company cut their price target on Fair Isaac from $2,650.00 to $2,600.00 and set an "overweight" rating for the company in a research note on Wednesday, February 5th. Oppenheimer cut their price target on Fair Isaac from $2,515.00 to $2,409.00 and set an "outperform" rating for the company in a research note on Tuesday, January 7th. Finally, Needham & Company LLC reiterated a "buy" rating and set a $2,500.00 price target on shares of Fair Isaac in a research note on Wednesday, February 5th. Four investment analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $2,088.15.

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Fair Isaac Price Performance

Shares of NYSE:FICO traded up $26.77 on Tuesday, hitting $1,722.12. The company's stock had a trading volume of 280,415 shares, compared to its average volume of 174,015. The company has a 50-day simple moving average of $1,857.90 and a 200 day simple moving average of $1,982.53. Fair Isaac Co. has a 1 year low of $1,105.65 and a 1 year high of $2,402.52. The company has a market capitalization of $42.05 billion, a PE ratio of 79.03, a PEG ratio of 3.27 and a beta of 1.41.

Fair Isaac (NYSE:FICO - Get Free Report) last released its quarterly earnings results on Tuesday, February 4th. The technology company reported $4.15 earnings per share for the quarter, missing the consensus estimate 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, equities research analysts expect that Fair Isaac Co. will post 24.15 earnings per share for the current fiscal year.

Insider Buying and Selling at Fair Isaac

In related news, CEO William J. Lansing sold 6,010 shares of the firm's stock in a transaction dated Tuesday, February 11th. The stock was sold at an average price of $1,804.23, for a total transaction of $10,843,422.30. Following the transaction, the chief executive officer now directly owns 42,138 shares of the company's stock, valued at approximately $76,026,643.74. This trade represents a 12.48 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CFO Steven P. Weber sold 139 shares of the firm's stock in a transaction dated Thursday, January 9th. The shares were sold at an average price of $1,964.42, for a total value of $273,054.38. Following the transaction, the chief financial officer now directly owns 2,478 shares in the company, valued at approximately $4,867,832.76. This represents a 5.31 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 9,669 shares of company stock valued at $18,821,383 in the last 90 days. Corporate insiders own 3.46% of the company's stock.

Fair Isaac Company 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.