Prudential PLC Buys 409 Shares of Fair Isaac Co. (NYSE:FICO)

Prudential PLC increased its stake in shares of Fair Isaac Co. (NYSE:FICO - Free Report) by 94.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 840 shares of the technology company's stock after buying an additional 409 shares during the quarter. Prudential PLC's holdings in Fair Isaac were worth $1,672,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. First National Bank of Omaha bought a new position in shares of Fair Isaac in the third quarter worth $1,576,000. National Bank of Canada FI increased its holdings in Fair Isaac by 51.9% in the 3rd quarter. National Bank of Canada FI now owns 19,817 shares of the technology company's stock valued at $38,514,000 after buying an additional 6,768 shares during the period. Donoghue Forlines LLC acquired a new position in shares of Fair Isaac in the 4th quarter valued at approximately $1,935,000. Czech National Bank lifted its holdings in shares of Fair Isaac by 5.7% during the 4th quarter. Czech National Bank now owns 5,280 shares of the technology company's stock worth $10,512,000 after acquiring an additional 286 shares during the period. Finally, Barclays PLC boosted its position in shares of Fair Isaac by 24.8% during the 3rd quarter. Barclays PLC now owns 60,521 shares of the technology company's stock worth $117,624,000 after acquiring an additional 12,038 shares in the last quarter. Institutional investors own 85.75% of the company's stock.

Fair Isaac Price Performance

Shares of Fair Isaac stock traded down $3.01 during trading on Friday, reaching $1,847.05. 73,495 shares of the company traded hands, compared to its average volume of 179,876. The firm has a market capitalization of $45.10 billion, a PE ratio of 84.72, a P/E/G ratio of 3.27 and a beta of 1.37. The company has a 50 day moving average price of $1,813.00 and a 200-day moving average price of $1,981.82. Fair Isaac Co. has a 1-year low of $1,105.65 and a 1-year high of $2,402.52.

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Fair Isaac (NYSE:FICO - Get Free Report) last released its quarterly earnings data 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%. Equities research analysts expect that Fair Isaac Co. will post 24.15 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on FICO shares. Oppenheimer cut their target price 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. Needham & Company LLC reaffirmed a "buy" rating and issued a $2,500.00 price objective on shares of Fair Isaac in a research note on Friday. Barclays lowered their target price on Fair Isaac from $2,350.00 to $2,250.00 and set an "overweight" rating for the company in a research note on Friday, April 4th. 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 report on Monday, January 27th. Finally, Robert W. Baird dropped their price objective 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. Four investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $2,131.86.

Insider Activity

In other Fair Isaac news, CEO William J. Lansing sold 6,010 shares of the business's stock in a transaction on Tuesday, February 11th. The shares were sold at an average price of $1,804.23, for a total transaction of $10,843,422.30. Following the completion of the sale, the chief executive officer now owns 42,138 shares in the company, valued at approximately $76,026,643.74. The trade was a 12.48 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders sold a total of 13,058 shares of company stock worth $23,119,030 over the last quarter. 3.46% of the stock is currently owned by corporate insiders.

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.