First Trust Advisors LP Purchases 1,574 Shares of Fair Isaac Co. (NYSE:FICO)

First Trust Advisors LP increased its position in Fair Isaac Co. (NYSE:FICO - Free Report) by 7.3% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 23,170 shares of the technology company's stock after buying an additional 1,574 shares during the quarter. First Trust Advisors LP owned 0.09% of Fair Isaac worth $46,131,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also added to or reduced their stakes in the business. Vanguard Group Inc. increased its stake in shares of Fair Isaac by 0.8% in the fourth quarter. Vanguard Group Inc. now owns 2,903,694 shares of the technology company's stock valued at $5,781,051,000 after buying an additional 22,178 shares during the period. JPMorgan Chase & Co. boosted its holdings in Fair Isaac by 0.8% in the fourth quarter. JPMorgan Chase & Co. now owns 678,613 shares of the technology company's stock valued at $1,351,073,000 after acquiring an additional 5,371 shares during the last quarter. Geode Capital Management LLC increased its position in Fair Isaac by 2.7% during the 4th quarter. Geode Capital Management LLC now owns 663,035 shares of the technology company's stock valued at $1,318,630,000 after purchasing an additional 17,656 shares during the period. Principal Financial Group Inc. raised its holdings in Fair Isaac by 0.5% during the 3rd quarter. Principal Financial Group Inc. now owns 372,582 shares of the technology company's stock worth $724,122,000 after purchasing an additional 1,977 shares during the last quarter. Finally, Jennison Associates LLC lifted its position in shares of Fair Isaac by 5.4% in the 4th quarter. Jennison Associates LLC now owns 254,282 shares of the technology company's stock worth $506,257,000 after purchasing an additional 13,133 shares during the period. Institutional investors own 85.75% of the company's stock.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on FICO. Barclays decreased their price objective on shares of Fair Isaac from $2,350.00 to $2,250.00 and set an "overweight" rating for the company in a research report on Friday, April 4th. Robert W. Baird decreased their price target on Fair Isaac from $1,975.00 to $1,775.00 and set a "neutral" rating for the company in a report on Wednesday, February 5th. Royal Bank of Canada raised Fair Isaac from a "sector perform" rating to an "outperform" rating and boosted their price objective for the company from $2,040.00 to $2,170.00 in a research note on Wednesday, February 26th. UBS Group cut their target price on Fair Isaac from $2,250.00 to $2,100.00 and set a "neutral" rating on the stock in a research report on Monday, January 27th. Finally, Needham & Company LLC reiterated a "buy" rating and issued a $2,500.00 target price on shares of Fair Isaac in a report on Friday, April 11th. Three analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $2,276.25.

Insider Buying and Selling

In related news, CEO William J. Lansing sold 2,956 shares of the stock in a transaction on Tuesday, April 8th. The stock was sold at an average price of $1,761.13, for a total value of $5,205,900.28. Following the completion of the sale, the chief executive officer now directly owns 42,138 shares of the company's stock, valued at approximately $74,210,495.94. This represents a 6.56 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders have sold 13,058 shares of company stock worth $23,119,030 in the last quarter. Insiders own 3.46% of the company's stock.

Fair Isaac Stock Performance

Fair Isaac stock traded up $16.04 during mid-day trading on Friday, reaching $1,952.85. The stock had a trading volume of 182,409 shares, compared to its average volume of 178,930. Fair Isaac Co. has a fifty-two week low of $1,112.65 and a fifty-two week high of $2,402.52. The stock's 50-day simple moving average is $1,832.51 and its 200-day simple moving average is $1,979.14. The firm has a market capitalization of $47.68 billion, a PE ratio of 89.62, a price-to-earnings-growth ratio of 3.27 and a beta of 1.37.

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 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, research analysts forecast that Fair Isaac Co. will post 24.15 earnings per share for the current fiscal year.

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.