Fair Isaac Co. (NYSE:FICO) Shares Sold by Bridgewater Associates LP

Bridgewater Associates LP lessened its stake in Fair Isaac Co. (NYSE:FICO - Free Report) by 97.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 103 shares of the technology company's stock after selling 3,930 shares during the quarter. Bridgewater Associates LP's holdings in Fair Isaac were worth $205,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Norges Bank acquired a new stake in Fair Isaac during the fourth quarter worth about $442,369,000. Wealthfront Advisers LLC increased its position in Fair Isaac by 5,217.6% during the 4th quarter. Wealthfront Advisers LLC now owns 147,031 shares of the technology company's stock worth $292,728,000 after purchasing an additional 144,266 shares in the last quarter. Proficio Capital Partners LLC purchased a new position in shares of Fair Isaac in the 4th quarter valued at $261,610,000. Arrowstreet Capital Limited Partnership lifted its stake in shares of Fair Isaac by 376.1% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 161,628 shares of the technology company's stock worth $321,790,000 after purchasing an additional 127,679 shares in the last quarter. Finally, Raymond James Financial Inc. acquired a new position in Fair Isaac during the 4th quarter worth approximately $199,441,000. 85.75% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Fair Isaac

In other news, CEO William J. Lansing sold 4,092 shares of Fair Isaac stock in a transaction on Tuesday, March 11th. The stock was sold at an average price of $1,727.69, for a total transaction of $7,069,707.48. Following the transaction, the chief executive officer now directly owns 42,138 shares in the company, valued at approximately $72,801,401.22. This trade represents a 8.85 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders sold 13,058 shares of company stock worth $23,119,030 in the last 90 days. Corporate insiders own 3.46% of the company's stock.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on FICO. UBS Group decreased their price objective on shares of Fair Isaac from $2,250.00 to $2,100.00 and set a "neutral" rating for the company in a research report on Monday, January 27th. Bank of America started coverage on shares of Fair Isaac in a research note on Thursday, April 10th. They set a "buy" rating and a $2,800.00 price objective on the stock. Barclays dropped their target price on shares of 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 reduced their price target on shares of 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. Finally, Oppenheimer lowered their price objective on Fair Isaac from $2,515.00 to $2,409.00 and set an "outperform" rating for the company in a report on Tuesday, January 7th. Three investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. Based on data from MarketBeat.com, Fair Isaac has an average rating of "Moderate Buy" and a consensus target price of $2,210.23.

Fair Isaac Trading Up 1.0 %

NYSE:FICO traded up $19.50 during mid-day trading on Friday, hitting $1,956.31. The stock had a trading volume of 142,275 shares, compared to its average volume of 180,035. The company has a 50 day simple moving average of $1,829.29 and a 200-day simple moving average of $1,979.68. The stock has a market capitalization of $47.77 billion, a price-to-earnings ratio of 89.66, a P/E/G ratio of 3.27 and a beta of 1.37. Fair Isaac Co. has a 52 week low of $1,105.65 and a 52 week high of $2,402.52.

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

About Fair Isaac

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.