Trexquant Investment LP Has $12.89 Million Position in Fair Isaac Co. (NYSE:FICO)

Trexquant Investment LP grew its stake in shares of Fair Isaac Co. (NYSE:FICO - Free Report) by 1,745.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 6,476 shares of the technology company's stock after buying an additional 6,125 shares during the quarter. Trexquant Investment LP's holdings in Fair Isaac were worth $12,893,000 as of its most recent filing with the Securities and Exchange Commission.

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

Fair Isaac Stock Performance

NYSE:FICO traded down $119.54 during trading hours on Friday, hitting $1,681.51. 300,716 shares of the company's stock traded hands, compared to its average volume of 178,391. Fair Isaac Co. has a twelve month low of $1,105.65 and a twelve month high of $2,402.52. The firm has a market cap of $41.06 billion, a P/E ratio of 77.17, a P/E/G ratio of 3.27 and a beta of 1.37. The stock's fifty day moving average price is $1,823.53 and its two-hundred day moving average price is $1,988.91.

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

Insider Buying and Selling at Fair Isaac

In related news, CEO William J. Lansing sold 4,092 shares of the stock in a transaction that occurred on Tuesday, March 11th. The stock was sold at an average price of $1,727.69, for a total value of $7,069,707.48. Following the transaction, the chief executive officer now owns 42,138 shares in the company, valued at approximately $72,801,401.22. This represents a 8.85 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CFO Steven P. Weber sold 139 shares of Fair Isaac stock in a transaction that occurred on Thursday, January 9th. The shares were 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 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 sold 10,241 shares of company stock valued at $18,186,184 in the last quarter. Company insiders own 3.46% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on FICO shares. Wells Fargo & Company cut their price target on shares of 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. Jefferies Financial Group reduced their target price on shares of 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. Barclays decreased their price target on shares of Fair Isaac from $2,350.00 to $2,250.00 and set an "overweight" rating on the stock in a research report on Friday. Robert W. Baird cut their price objective on Fair Isaac from $1,975.00 to $1,775.00 and set a "neutral" rating for the company in a research report on Wednesday, February 5th. Finally, Oppenheimer decreased their target price on 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. Four investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. According to data from MarketBeat.com, Fair Isaac presently has a consensus rating of "Moderate Buy" and an average price target of $2,080.46.

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.