Commonwealth Equity Services LLC Has $14.58 Million Stake in Fair Isaac Co. (NYSE:FICO)

Commonwealth Equity Services LLC boosted its stake in Fair Isaac Co. (NYSE:FICO - Free Report) by 7.3% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,322 shares of the technology company's stock after buying an additional 495 shares during the quarter. Commonwealth Equity Services LLC's holdings in Fair Isaac were worth $14,577,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of FICO. Skandinaviska Enskilda Banken AB publ increased its holdings in shares of Fair Isaac by 143.6% during the fourth quarter. Skandinaviska Enskilda Banken AB publ now owns 15,050 shares of the technology company's stock worth $30,305,000 after buying an additional 8,873 shares in the last quarter. Achmea Investment Management B.V. grew its position in Fair Isaac by 5.9% during the 4th quarter. Achmea Investment Management B.V. now owns 809 shares of the technology company's stock worth $1,610,000 after acquiring an additional 45 shares during the last quarter. Vestcor Inc increased its holdings in Fair Isaac by 34.3% during the 4th quarter. Vestcor Inc now owns 9,975 shares of the technology company's stock valued at $19,860,000 after purchasing an additional 2,545 shares in the last quarter. Rakuten Securities Inc. increased its holdings in Fair Isaac by 160.0% during the 4th quarter. Rakuten Securities Inc. now owns 13 shares of the technology company's stock valued at $26,000 after purchasing an additional 8 shares in the last quarter. Finally, Farther Finance Advisors LLC raised its position in Fair Isaac by 86.3% in the 4th quarter. Farther Finance Advisors LLC now owns 477 shares of the technology company's stock valued at $950,000 after purchasing an additional 221 shares during the last quarter. 85.75% of the stock is currently owned by institutional investors.

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Fair Isaac Price Performance

Shares of Fair Isaac stock traded up $4.02 on Friday, hitting $1,857.48. 215,983 shares of the company's stock traded hands, compared to its average volume of 172,064. The firm's 50-day moving average price is $1,836.39 and its two-hundred day moving average price is $1,983.62. The stock has a market capitalization of $45.36 billion, a PE ratio of 85.24, a price-to-earnings-growth ratio of 3.27 and a beta of 1.41. Fair Isaac Co. has a one year low of $1,105.65 and a one year high of $2,402.52.

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

Insider Activity at Fair Isaac

In other Fair Isaac news, CEO William J. Lansing sold 6,010 shares of the business'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 transaction, the chief executive officer now directly 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 ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Steven P. Weber sold 139 shares of the 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 of the company's stock, valued at $4,867,832.76. This trade represents a 5.31 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 10,241 shares of company stock worth $18,186,184 in the last ninety days. Company insiders own 3.46% of the company's stock.

Analyst Ratings Changes

Several analysts have recently commented on FICO shares. The Goldman Sachs Group increased their target price on Fair Isaac from $2,374.00 to $2,661.00 and gave the stock a "buy" rating in a report on Thursday, December 5th. Oppenheimer decreased their price objective on shares of 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. Robert W. Baird dropped their target price on shares of Fair Isaac from $1,975.00 to $1,775.00 and set a "neutral" rating for the company in a research note on Wednesday, February 5th. Needham & Company LLC reissued a "buy" rating and set a $2,500.00 price target on shares of Fair Isaac in a research note on Wednesday, February 5th. Finally, JPMorgan Chase & Co. initiated coverage on shares of Fair Isaac in a report on Friday, December 20th. They issued a "neutral" rating and a $2,150.00 price target for the company. Four analysts have rated the stock with a hold rating and nine have issued a buy rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $2,088.15.

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.