Crew Capital Management Ltd. Grows Position in Fair Isaac Co. (NYSE:FICO)

Crew Capital Management Ltd. lifted its position in Fair Isaac Co. (NYSE:FICO - Free Report) by 92.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 482 shares of the technology company's stock after buying an additional 231 shares during the period. Crew Capital Management Ltd.'s holdings in Fair Isaac were worth $960,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in FICO. State Street Corp lifted its position in Fair Isaac by 0.5% during the third quarter. State Street Corp now owns 1,045,165 shares of the technology company's stock valued at $2,031,299,000 after purchasing an additional 5,472 shares during the period. JPMorgan Chase & Co. lifted its position in Fair Isaac by 1.1% during the third quarter. JPMorgan Chase & Co. now owns 673,242 shares of the technology company's stock valued at $1,308,460,000 after purchasing an additional 7,466 shares during the period. Geode Capital Management LLC lifted its position in Fair Isaac by 1.0% during the third quarter. Geode Capital Management LLC now owns 645,379 shares of the technology company's stock valued at $1,251,537,000 after purchasing an additional 6,510 shares during the period. Principal Financial Group Inc. lifted its position in Fair Isaac by 0.5% during the third quarter. Principal Financial Group Inc. now owns 372,582 shares of the technology company's stock valued at $724,122,000 after purchasing an additional 1,977 shares during the period. Finally, Jennison Associates LLC lifted its position in Fair Isaac by 5.4% during the fourth 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 period. 85.75% of the stock is owned by hedge funds and other institutional investors.

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Insider Activity at Fair Isaac

In other Fair Isaac 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 completion of the transaction, the chief executive officer now directly 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 sale was disclosed in a filing with the SEC, which is available at this link. Also, EVP James M. Wehmann sold 3,000 shares of Fair Isaac stock in a transaction on Thursday, December 12th. The stock was sold at an average price of $2,195.19, for a total transaction of $6,585,570.00. Following the completion of the transaction, the executive vice president now directly owns 51,911 shares of the company's stock, valued at $113,954,508.09. The trade was a 5.46 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 9,670 shares of company stock valued at $18,823,773. Corporate insiders own 3.46% of the company's stock.

Analyst Ratings Changes

Several research analysts have weighed in on the stock. Wells Fargo & Company decreased their price target on shares of Fair Isaac from $2,650.00 to $2,600.00 and set an "overweight" rating on the stock in a research report on Wednesday, February 5th. Royal Bank of Canada upgraded shares of Fair Isaac from a "sector perform" rating to an "outperform" rating and increased their price target for the stock from $2,040.00 to $2,170.00 in a research report on Wednesday, February 26th. UBS Group decreased their price target on shares of Fair Isaac from $2,250.00 to $2,100.00 and set a "neutral" rating on the stock in a research report on Monday, January 27th. Oppenheimer decreased their price target on shares of Fair Isaac from $2,515.00 to $2,409.00 and set an "outperform" rating on the stock in a research report on Tuesday, January 7th. Finally, Needham & Company LLC reiterated a "buy" rating and issued a $2,500.00 price target on shares of Fair Isaac in a research report on Wednesday, February 5th. Four research analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. Based on data from MarketBeat.com, Fair Isaac has a consensus rating of "Moderate Buy" and a consensus target price of $2,088.15.

Fair Isaac Price Performance

Shares of FICO stock traded up $19.13 on Friday, hitting $1,835.64. 213,628 shares of the stock traded hands, compared to its average volume of 172,939. The firm has a market cap of $44.82 billion, a price-to-earnings ratio of 84.24, a PEG ratio of 3.27 and a beta of 1.39. Fair Isaac Co. has a 52 week low of $1,105.65 and a 52 week high of $2,402.52. The firm has a 50 day simple moving average of $1,873.58 and a two-hundred day simple moving average of $1,979.17.

Fair Isaac (NYSE:FICO - Get Free Report) last posted its 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%. Sell-side analysts forecast that Fair Isaac Co. will post 24.15 EPS 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.