Farringdon Capital Ltd. Takes Position in Fair Isaac Co. (NYSE:FICO)

Farringdon Capital Ltd. bought a new stake in shares of Fair Isaac Co. (NYSE:FICO - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 158 shares of the technology company's stock, valued at approximately $315,000.

Several other hedge funds and other institutional investors have also bought and sold shares of FICO. Norges Bank acquired a new stake in shares of Fair Isaac in the 4th quarter worth $442,369,000. Wealthfront Advisers LLC lifted its position in Fair Isaac by 5,217.6% during the 4th quarter. Wealthfront Advisers LLC now owns 147,031 shares of the technology company's stock worth $292,728,000 after acquiring an additional 144,266 shares during the period. Proficio Capital Partners LLC purchased a new position in shares of Fair Isaac during the 4th quarter valued at about $261,610,000. Arrowstreet Capital Limited Partnership lifted its holdings in Fair Isaac by 376.1% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 161,628 shares of the technology company's stock valued at $321,790,000 after acquiring an additional 127,679 shares during the period. Finally, Raymond James Financial Inc. purchased a new stake in Fair Isaac in the 4th quarter worth approximately $199,441,000. Institutional investors own 85.75% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts have commented on the company. Jefferies Financial Group lowered their price objective on Fair Isaac from $2,275.00 to $2,175.00 and set a "buy" rating on the stock in a research report on Wednesday, February 5th. Royal Bank of Canada upgraded Fair Isaac from a "sector perform" rating to an "outperform" rating and raised their price objective for the company from $2,040.00 to $2,170.00 in a report on Wednesday, February 26th. Robert W. Baird decreased their price objective on Fair Isaac from $1,975.00 to $1,775.00 and set a "neutral" rating on the stock in a report on Wednesday, February 5th. UBS Group decreased their price objective on 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, Wells Fargo & Company decreased their price objective on Fair Isaac from $2,650.00 to $2,600.00 and set an "overweight" rating on the stock in a report on Wednesday, February 5th. Three investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $2,210.23.

Insider Buying and Selling

In other Fair Isaac news, CEO William J. Lansing sold 2,956 shares of Fair Isaac stock in a transaction that occurred on Tuesday, April 8th. The stock was sold at an average price of $1,761.13, for a total transaction of $5,205,900.28. Following the transaction, the chief executive officer now owns 42,138 shares of the company's stock, valued at $74,210,495.94. The trade was a 6.56 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Insiders sold a total of 13,058 shares of company stock worth $23,119,030 over the last 90 days. 3.46% of the stock is owned by insiders.

Fair Isaac Stock Up 0.7 %

NYSE FICO traded up $13.26 during trading on Thursday, hitting $1,939.32. The stock had a trading volume of 64,205 shares, compared to its average volume of 204,700. Fair Isaac Co. has a twelve month low of $1,105.65 and a twelve month high of $2,402.51. The firm has a 50 day moving average price of $1,826.47 and a 200 day moving average price of $1,979.79. The company has a market capitalization of $47.35 billion, a PE ratio of 89.00, a PEG ratio of 3.27 and a beta of 1.37.

Fair Isaac (NYSE:FICO - Get Free Report) last issued 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, sell-side analysts anticipate that Fair Isaac Co. will post 24.15 earnings per share for the current year.

About Fair Isaac

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.