Generali Asset Management SPA SGR Invests $1.74 Million in Fair Isaac Co. (NYSE:FICO)

Generali Asset Management SPA SGR acquired a new stake in Fair Isaac Co. (NYSE:FICO - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 875 shares of the technology company's stock, valued at approximately $1,742,000.

Several other hedge funds also recently made changes to their positions in the company. Thrivent Financial for Lutherans boosted its holdings in shares of Fair Isaac by 176.8% in the fourth quarter. Thrivent Financial for Lutherans now owns 11,586 shares of the technology company's stock valued at $23,067,000 after acquiring an additional 7,401 shares during the period. Freemont Management S.A. boosted its stake in Fair Isaac by 100.0% during the 4th quarter. Freemont Management S.A. now owns 1,400 shares of the technology company's stock worth $2,787,000 after purchasing an additional 700 shares during the period. Petra Financial Advisors Inc. purchased a new position in Fair Isaac during the 4th quarter worth $810,000. Parallel Advisors LLC increased its stake in Fair Isaac by 5.3% in the fourth quarter. Parallel Advisors LLC now owns 496 shares of the technology company's stock valued at $988,000 after purchasing an additional 25 shares during the period. Finally, Cibc World Markets Corp raised its holdings in shares of Fair Isaac by 16.1% in the fourth quarter. Cibc World Markets Corp now owns 3,829 shares of the technology company's stock valued at $7,623,000 after buying an additional 530 shares during the last quarter. Hedge funds and other institutional investors own 85.75% of the company's stock.

Analysts Set New Price Targets

FICO has been the topic of several recent research reports. 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. Wells Fargo & Company cut their price target on Fair Isaac from $2,650.00 to $2,600.00 and set an "overweight" rating for the company in a research note on Wednesday, February 5th. The Goldman Sachs Group raised their target price on shares of Fair Isaac from $2,374.00 to $2,661.00 and gave the stock a "buy" rating in a research note on Thursday, December 5th. JPMorgan Chase & Co. began coverage on shares of Fair Isaac in a report on Friday, December 20th. They set a "neutral" rating and a $2,150.00 price target for the company. Finally, Oppenheimer dropped their target price on Fair Isaac from $2,515.00 to $2,409.00 and set an "outperform" rating on the stock in a research report on Tuesday, January 7th. Four equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $2,088.15.

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Fair Isaac Stock Performance

NYSE:FICO traded up $25.19 during mid-day trading on Tuesday, hitting $1,922.85. 142,866 shares of the company's stock traded hands, compared to its average volume of 171,975. Fair Isaac Co. has a 1 year low of $1,105.65 and a 1 year high of $2,402.52. The company has a market cap of $46.95 billion, a PE ratio of 88.24, a price-to-earnings-growth ratio of 3.27 and a beta of 1.41. The firm's 50 day simple moving average is $1,835.05 and its 200 day simple moving average is $1,989.24.

Fair Isaac (NYSE:FICO - Get Free Report) last posted its 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 net margin of 30.66% and a negative return on equity of 53.40%. On average, research analysts expect that Fair Isaac Co. will post 24.15 earnings per share for the current fiscal year.

Insider Activity at Fair Isaac

In other news, CEO William J. Lansing sold 6,010 shares of Fair Isaac stock in a transaction on Tuesday, February 11th. The stock was sold at an average price of $1,804.23, for a total value of $10,843,422.30. Following the completion of the sale, the chief executive officer now owns 42,138 shares of the company's stock, valued at $76,026,643.74. The trade was a 12.48 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Steven P. Weber sold 139 shares of the firm's 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 in the company, valued at approximately $4,867,832.76. The trade was a 5.31 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 10,241 shares of company stock valued at $18,186,184 over the last quarter. Insiders own 3.46% of the company's stock.

Fair Isaac 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.