Intech Investment Management LLC Buys 5,494 Shares of Fair Isaac Co. (NYSE:FICO)

Intech Investment Management LLC boosted its holdings in shares of Fair Isaac Co. (NYSE:FICO - Free Report) by 23.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 28,702 shares of the technology company's stock after acquiring an additional 5,494 shares during the quarter. Fair Isaac accounts for about 1.7% of Intech Investment Management LLC's portfolio, making the stock its 13th largest position. Intech Investment Management LLC owned 0.12% of Fair Isaac worth $57,144,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Rakuten Securities Inc. lifted its position in shares of Fair Isaac by 160.0% in the 4th quarter. Rakuten Securities Inc. now owns 13 shares of the technology company's stock worth $26,000 after purchasing an additional 8 shares during the period. True Wealth Design LLC lifted its position in shares of Fair Isaac by 900.0% in the 3rd quarter. True Wealth Design LLC now owns 20 shares of the technology company's stock worth $39,000 after purchasing an additional 18 shares during the period. Berbice Capital Management LLC acquired a new position in shares of Fair Isaac in the 4th quarter worth approximately $40,000. Avalon Trust Co acquired a new position in shares of Fair Isaac in the 4th quarter worth approximately $40,000. Finally, OFI Invest Asset Management acquired a new position in shares of Fair Isaac in the 4th quarter worth approximately $42,000. 85.75% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of brokerages have recently issued reports on FICO. Needham & Company LLC restated a "buy" rating and issued a $2,500.00 price target on shares of Fair Isaac in a research report on Wednesday, February 5th. Oppenheimer dropped their target price on shares of 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. Robert W. Baird dropped their target price on shares of 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. JPMorgan Chase & Co. began coverage on shares of Fair Isaac in a research report on Friday, December 20th. They set a "neutral" rating and a $2,150.00 target price on the stock. Finally, UBS Group dropped their target price on shares of 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. Four research analysts have rated the stock with a hold rating and nine have given a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $2,088.15.

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Fair Isaac Stock Up 0.2 %

FICO traded up $4.02 during trading on Friday, hitting $1,857.48. 215,983 shares of the company's stock were exchanged, compared to its average volume of 172,175. The business's 50 day moving average is $1,835.24 and its two-hundred day moving average is $1,984.50. Fair Isaac Co. has a fifty-two week low of $1,105.65 and a fifty-two week high of $2,402.52. The stock has a market cap of $45.36 billion, a P/E ratio of 85.24, a PEG ratio of 3.27 and a beta of 1.41.

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 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%. On average, sell-side analysts forecast that Fair Isaac Co. will post 24.15 earnings per share for the current year.

Insider Transactions at Fair Isaac

In related news, CFO Steven P. Weber sold 139 shares of the stock in a transaction dated Thursday, January 9th. The shares were 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 owns 2,478 shares in the company, valued at approximately $4,867,832.76. This represents a 5.31 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO William J. Lansing sold 4,092 shares of the stock in a transaction dated Tuesday, March 11th. The shares were sold at an average price of $1,727.69, for a total transaction of $7,069,707.48. Following the transaction, the chief executive officer now owns 42,138 shares of the company's stock, valued at approximately $72,801,401.22. The trade was a 8.85 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 10,241 shares of company stock worth $18,186,184 in 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.