AustralianSuper Pty Ltd Increases Position in Fair Isaac Co. (NYSE:FICO)

AustralianSuper Pty Ltd grew its position in shares of Fair Isaac Co. (NYSE:FICO - Free Report) by 40.4% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 102,858 shares of the technology company's stock after purchasing an additional 29,582 shares during the quarter. Fair Isaac makes up about 1.0% of AustralianSuper Pty Ltd's investment portfolio, making the stock its 21st largest position. AustralianSuper Pty Ltd owned 0.42% of Fair Isaac worth $204,783,000 at the end of the most recent reporting period.

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

Analysts Set New Price Targets

A number of research analysts have recently commented on the company. Needham & Company LLC restated a "buy" rating and issued a $2,500.00 target price on shares of Fair Isaac in a research note on Wednesday, February 5th. Wells Fargo & Company reduced their target price on Fair Isaac from $2,650.00 to $2,600.00 and set an "overweight" rating for the company in a report on Wednesday, February 5th. JPMorgan Chase & Co. began coverage on Fair Isaac in a report on Friday, December 20th. They issued a "neutral" rating and a $2,150.00 price objective for the company. Royal Bank of Canada reissued a "sector perform" rating and set a $2,040.00 price target on shares of Fair Isaac in a report on Thursday, November 7th. Finally, 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 report on Wednesday, February 5th. Five research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $2,078.15.

Insider Transactions at Fair Isaac

In other news, CEO William J. Lansing sold 6,010 shares of the firm's stock in a transaction on 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 $76,026,643.74. This trade represents a 12.48 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP James M. Wehmann sold 3,500 shares of the firm's stock in a transaction on Thursday, December 5th. The stock was sold at an average price of $2,373.85, for a total value of $8,308,475.00. Following the completion of the sale, the executive vice president now directly owns 45,395 shares of the company's stock, valued at $107,760,920.75. The trade was a 7.16 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 16,670 shares of company stock valued at $35,253,683 in the last quarter. 3.46% of the stock is currently owned by corporate insiders.

Fair Isaac Trading Down 0.4 %

Shares of NYSE:FICO traded down $7.71 on Tuesday, reaching $1,791.49. The company had a trading volume of 124,438 shares, compared to its average volume of 229,221. Fair Isaac Co. has a 52-week low of $1,105.65 and a 52-week high of $2,402.51. The firm's 50 day simple moving average is $1,946.76 and its 200-day simple moving average is $1,974.84. The firm has a market capitalization of $43.75 billion, a PE ratio of 82.22, a PEG ratio of 3.61 and a beta of 1.39.

Fair Isaac (NYSE:FICO - Get Free Report) last posted its quarterly earnings data 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 negative return on equity of 53.40% and a net margin of 30.66%. As a group, equities research analysts predict that Fair Isaac Co. will post 23.91 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.