Fair Isaac Co. (NYSE:FICO) Shares Acquired by APG Asset Management N.V.

APG Asset Management N.V. grew its holdings in Fair Isaac Co. (NYSE:FICO - Free Report) by 902.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 14,440 shares of the technology company's stock after acquiring an additional 13,000 shares during the period. APG Asset Management N.V. owned about 0.06% of Fair Isaac worth $27,763,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also modified their holdings of FICO. Vanguard Group Inc. raised its position in Fair Isaac by 0.8% in the 4th quarter. Vanguard Group Inc. now owns 2,903,694 shares of the technology company's stock valued at $5,781,051,000 after purchasing an additional 22,178 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in Fair Isaac by 0.8% in the fourth quarter. JPMorgan Chase & Co. now owns 678,613 shares of the technology company's stock valued at $1,351,073,000 after acquiring an additional 5,371 shares in the last quarter. Geode Capital Management LLC lifted its stake in Fair Isaac by 2.7% in the fourth quarter. Geode Capital Management LLC now owns 663,035 shares of the technology company's stock worth $1,318,630,000 after acquiring an additional 17,656 shares during the last quarter. Principal Financial Group Inc. grew its holdings in Fair Isaac by 0.5% during the 3rd quarter. Principal Financial Group Inc. now owns 372,582 shares of the technology company's stock worth $724,122,000 after acquiring an additional 1,977 shares in the last quarter. Finally, Jennison Associates LLC increased its position in shares of Fair Isaac by 5.4% in the 4th quarter. Jennison Associates LLC now owns 254,282 shares of the technology company's stock valued at $506,257,000 after purchasing an additional 13,133 shares during the last quarter. Hedge funds and other institutional investors own 85.75% of the company's stock.

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Analysts Set New Price Targets

A number of equities analysts recently commented on FICO shares. Oppenheimer lowered their target price on shares of 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. Barclays lowered their price objective on Fair Isaac from $2,350.00 to $2,250.00 and set an "overweight" rating for the company in a research report on Friday, April 4th. Robert W. Baird cut their target price on Fair Isaac from $1,975.00 to $1,775.00 and set a "neutral" rating on the stock in a research report on Wednesday, February 5th. Jefferies Financial Group lowered their price target on Fair Isaac from $2,275.00 to $2,175.00 and set a "buy" rating for the company in a report on Wednesday, February 5th. Finally, Royal Bank of Canada raised shares of Fair Isaac from a "sector perform" rating to an "outperform" rating and raised their price objective for the stock from $2,040.00 to $2,170.00 in a report on Wednesday, February 26th. Four investment analysts have rated the stock with a hold rating and ten have given a buy rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $2,131.86.

Fair Isaac Stock Performance

NYSE FICO traded up $1.07 during trading on Tuesday, reaching $1,933.81. The company's stock had a trading volume of 49,243 shares, compared to its average volume of 180,628. The business's fifty day moving average price is $1,816.47 and its 200-day moving average price is $1,982.21. Fair Isaac Co. has a twelve month low of $1,105.65 and a twelve month high of $2,402.52. The firm has a market cap of $47.22 billion, a price-to-earnings ratio of 88.75, a P/E/G ratio of 3.27 and a beta of 1.37.

Fair Isaac (NYSE:FICO - Get Free Report) last issued its quarterly earnings results on Tuesday, February 4th. The technology company reported $4.15 earnings per share (EPS) 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%. As a group, sell-side analysts forecast that Fair Isaac Co. will post 24.15 EPS for the current fiscal year.

Insider Activity

In related news, CEO William J. Lansing sold 6,010 shares of Fair Isaac stock in a transaction on Tuesday, February 11th. The shares were sold at an average price of $1,804.23, for a total value of $10,843,422.30. Following the transaction, the chief executive officer now directly owns 42,138 shares in the company, valued at $76,026,643.74. This trade represents a 12.48 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Over the last 90 days, insiders have sold 13,058 shares of company stock valued at $23,119,030. Company insiders own 3.46% of the company's stock.

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.