Thrivent Financial for Lutherans Acquires 7,401 Shares of Fair Isaac Co. (NYSE:FICO)

Thrivent Financial for Lutherans grew its position in Fair Isaac Co. (NYSE:FICO - Free Report) by 176.8% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 11,586 shares of the technology company's stock after purchasing an additional 7,401 shares during the period. Thrivent Financial for Lutherans' holdings in Fair Isaac were worth $23,067,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in FICO. Freemont Management S.A. grew its holdings in Fair Isaac by 100.0% in the 4th quarter. Freemont Management S.A. now owns 1,400 shares of the technology company's stock worth $2,787,000 after buying an additional 700 shares in the last quarter. Petra Financial Advisors Inc. bought a new position in shares of Fair Isaac in the fourth quarter worth $810,000. Parallel Advisors LLC increased its holdings in shares of Fair Isaac by 5.3% during the fourth quarter. Parallel Advisors LLC now owns 496 shares of the technology company's stock valued at $988,000 after purchasing an additional 25 shares during the period. Cibc World Markets Corp raised its stake in shares of Fair Isaac by 16.1% during the fourth quarter. Cibc World Markets Corp now owns 3,829 shares of the technology company's stock valued at $7,623,000 after purchasing an additional 530 shares in the last quarter. Finally, First National Advisers LLC lifted its holdings in Fair Isaac by 199.2% in the fourth quarter. First National Advisers LLC now owns 1,409 shares of the technology company's stock worth $2,805,000 after purchasing an additional 938 shares during the period. Institutional investors and hedge funds own 85.75% of the company's stock.

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Fair Isaac Trading Up 1.3 %

FICO stock traded up $25.19 during mid-day trading on Tuesday, reaching $1,922.85. 142,866 shares of the stock traded hands, compared to its average volume of 171,975. Fair Isaac Co. has a 52-week low of $1,105.65 and a 52-week high of $2,402.52. The stock's fifty day moving average is $1,835.05 and its 200-day moving average is $1,989.24. The company has a market cap of $46.95 billion, a P/E ratio of 88.24, a P/E/G ratio of 3.27 and a beta of 1.41.

Fair Isaac (NYSE:FICO - Get Free Report) last posted 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 negative return on equity of 53.40% and a net margin of 30.66%. Equities research analysts expect that Fair Isaac Co. will post 24.15 earnings per share for the current year.

Insider Activity at Fair Isaac

In other Fair Isaac news, CEO William J. Lansing sold 4,092 shares of Fair Isaac stock in a transaction dated 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 owns 42,138 shares of the company's stock, valued at $72,801,401.22. The trade was a 8.85 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CFO Steven P. Weber sold 139 shares of the stock in a transaction that occurred on Thursday, January 9th. The stock was sold at an average price of $1,964.42, for a total transaction of $273,054.38. Following the completion of the sale, the chief financial officer now directly 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. Over the last ninety days, insiders have sold 10,241 shares of company stock valued at $18,186,184. Company insiders own 3.46% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts have commented on the stock. Oppenheimer lowered their target price on shares of Fair Isaac from $2,515.00 to $2,409.00 and set an "outperform" rating on the stock in a research note on Tuesday, January 7th. Jefferies Financial Group dropped their target price on Fair Isaac from $2,275.00 to $2,175.00 and set a "buy" rating on the stock in a report on Wednesday, February 5th. Royal Bank of Canada raised Fair Isaac from a "sector perform" rating to an "outperform" rating and increased their price target for the company from $2,040.00 to $2,170.00 in a research note on Wednesday, February 26th. Needham & Company LLC reissued a "buy" rating and issued a $2,500.00 price objective on shares of Fair Isaac in a research note on Wednesday, February 5th. Finally, Wells Fargo & Company decreased their target price on Fair Isaac from $2,650.00 to $2,600.00 and set an "overweight" rating for the company in a research note on Wednesday, February 5th. Four analysts have rated the stock with a hold rating and nine have given a buy rating to the company's stock. According to MarketBeat.com, Fair Isaac currently has a consensus rating of "Moderate Buy" and an average target price of $2,088.15.

Fair Isaac Company 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.