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Fair Isaac Co. (NYSE:FICO) Stock Holdings Lifted by Vanguard Group Inc.

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Vanguard Group Inc. raised its holdings in shares of Fair Isaac Co. (NYSE:FICO - Free Report) by 0.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,903,694 shares of the technology company's stock after buying an additional 22,178 shares during the period. Vanguard Group Inc. owned about 11.89% of Fair Isaac worth $5,781,051,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. First National Bank of Omaha purchased a new stake in Fair Isaac during the 3rd quarter worth $1,576,000. National Bank of Canada FI grew its position in Fair Isaac by 51.9% in the third quarter. National Bank of Canada FI now owns 19,817 shares of the technology company's stock valued at $38,514,000 after acquiring an additional 6,768 shares in the last quarter. Donoghue Forlines LLC purchased a new stake in Fair Isaac during the 4th quarter worth $1,935,000. BNP Paribas purchased a new stake in shares of Fair Isaac during the third quarter worth about $445,000. Finally, Czech National Bank boosted its holdings in Fair Isaac by 5.7% in the fourth quarter. Czech National Bank now owns 5,280 shares of the technology company's stock valued at $10,512,000 after purchasing an additional 286 shares during the last quarter. 85.75% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, 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 directly owns 2,478 shares of the company's stock, valued at approximately $4,867,832.76. This represents a 5.31 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO William J. Lansing sold 4,092 shares of the company's stock in a transaction dated Tuesday, March 11th. The shares were sold at an average price of $1,727.69, for a total value of $7,069,707.48. Following the completion of the transaction, the chief executive officer now owns 42,138 shares in the company, valued at $72,801,401.22. This represents a 8.85 % decrease in their position. 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 three months. 3.46% of the stock is currently owned by insiders.

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Fair Isaac Price Performance

Shares of FICO traded down $19.85 during midday trading on Thursday, reaching $1,867.15. The stock had a trading volume of 30,674 shares, compared to its average volume of 209,779. The firm's 50 day moving average price is $1,831.78 and its 200-day moving average price is $1,989.83. Fair Isaac Co. has a 52 week low of $1,105.65 and a 52 week high of $2,402.51. The company has a market capitalization of $45.59 billion, a P/E ratio of 85.76, 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 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%. On average, equities analysts forecast that Fair Isaac Co. will post 24.15 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the stock. Needham & Company LLC restated a "buy" rating and issued a $2,500.00 price target on shares of Fair Isaac in a research note on Wednesday, February 5th. Oppenheimer decreased their price target on Fair Isaac from $2,515.00 to $2,409.00 and set an "outperform" rating for the company in a research note on Tuesday, January 7th. Royal Bank of Canada raised Fair Isaac from a "sector perform" rating to an "outperform" rating and increased their target price for the stock from $2,040.00 to $2,170.00 in a report on Wednesday, February 26th. Robert W. Baird dropped their price target on 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, Jefferies Financial Group lowered 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 research note on Wednesday, February 5th. Four equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $2,088.15.

Read Our Latest Research Report on FICO

Fair Isaac Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Fair Isaac (NYSE:FICO)

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