Groupama Asset Managment Invests $2.16 Million in Fair Isaac Co. (NYSE:FICO)

Groupama Asset Managment bought a new position in shares of Fair Isaac Co. (NYSE:FICO - Free Report) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 1,071 shares of the technology company's stock, valued at approximately $2,157,000.

Several other large investors also recently bought and sold shares of FICO. Rakuten Securities Inc. raised its stake in shares of Fair Isaac by 160.0% during the 4th quarter. Rakuten Securities Inc. now owns 13 shares of the technology company's stock worth $26,000 after buying an additional 8 shares during the last quarter. Berbice Capital Management LLC purchased a new stake in shares of Fair Isaac in the fourth quarter valued at about $40,000. Avalon Trust Co purchased a new position in shares of Fair Isaac during the 4th quarter worth approximately $40,000. OFI Invest Asset Management purchased a new stake in Fair Isaac in the 4th quarter valued at approximately $42,000. Finally, Versant Capital Management Inc lifted its stake in shares of Fair Isaac by 500.0% during the fourth quarter. Versant Capital Management Inc now owns 24 shares of the technology company's stock valued at $48,000 after buying an additional 20 shares during the period. Institutional investors and hedge funds own 85.75% of the company's stock.

Fair Isaac Stock Up 2.1 %

Shares of Fair Isaac stock traded up $35.54 during trading on Monday, hitting $1,709.52. The stock had a trading volume of 149,432 shares, compared to its average volume of 178,300. The company has a market capitalization of $41.74 billion, a PE ratio of 77.77, a P/E/G ratio of 3.27 and a beta of 1.37. Fair Isaac Co. has a 1 year low of $1,105.65 and a 1 year high of $2,402.52. The stock has a 50 day simple moving average of $1,823.53 and a 200 day simple moving average of $1,989.53.

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

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on FICO shares. JPMorgan Chase & Co. assumed coverage on Fair Isaac in a research note on Friday, December 20th. They issued a "neutral" rating and a $2,150.00 price objective on the stock. Royal Bank of Canada raised shares of Fair Isaac from a "sector perform" rating to an "outperform" rating and increased their price objective for the company from $2,040.00 to $2,170.00 in a research report on Wednesday, February 26th. Oppenheimer cut 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. Barclays dropped their price target on shares of Fair Isaac from $2,350.00 to $2,250.00 and set an "overweight" rating for the company in a research note on Friday. 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 on the stock in a research note on Wednesday, February 5th. Four analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. According to data from MarketBeat.com, Fair Isaac presently has an average rating of "Moderate Buy" and a consensus price target of $2,080.46.

Insider Activity at Fair Isaac

In other news, CFO Steven P. Weber sold 139 shares of the company's stock in a transaction that occurred on Thursday, January 9th. The stock was sold at an average price of $1,964.42, for a total transaction of $273,054.38. Following the completion of the transaction, the chief financial officer now directly owns 2,478 shares in the company, valued at $4,867,832.76. The trade was a 5.31 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO William J. Lansing sold 6,010 shares of the 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 directly owns 42,138 shares of the company's stock, valued at approximately $76,026,643.74. This trade represents a 12.48 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 10,241 shares of company stock valued at $18,186,184. 3.46% of the stock is currently owned by corporate insiders.

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.