J. Safra Sarasin Holding AG Purchases New Shares in Fair Isaac Co. (NYSE:FICO)

J. Safra Sarasin Holding AG acquired a new position in shares of Fair Isaac Co. (NYSE:FICO - Free Report) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 517 shares of the technology company's stock, valued at approximately $1,029,000.

Several other institutional investors have also recently made changes to their positions in FICO. State of Tennessee Department of Treasury grew its position in Fair Isaac by 54.5% in the 4th quarter. State of Tennessee Department of Treasury now owns 6,275 shares of the technology company's stock worth $12,493,000 after purchasing an additional 2,213 shares in the last quarter. Tower Research Capital LLC TRC boosted its stake in shares of Fair Isaac by 119.1% in the 4th quarter. Tower Research Capital LLC TRC now owns 1,540 shares of the technology company's stock worth $3,066,000 after buying an additional 837 shares during the last quarter. MetLife Investment Management LLC increased its position in shares of Fair Isaac by 0.6% during the fourth quarter. MetLife Investment Management LLC now owns 7,322 shares of the technology company's stock valued at $14,578,000 after acquiring an additional 43 shares during the last quarter. Natixis bought a new stake in Fair Isaac during the fourth quarter worth $22,257,000. Finally, NWK Group Inc. lifted its holdings in Fair Isaac by 1.4% during the fourth quarter. NWK Group Inc. now owns 2,884 shares of the technology company's stock worth $5,742,000 after acquiring an additional 41 shares during the period. Institutional investors own 85.75% of the company's stock.

Insider Buying and Selling at Fair Isaac

In other news, CEO William J. Lansing sold 4,092 shares of the stock in a transaction on Tuesday, March 11th. The shares were sold at an average price of $1,727.69, for a total value of $7,069,707.48. Following the transaction, the chief executive officer now owns 42,138 shares of the company's stock, valued at $72,801,401.22. This represents a 8.85 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Insiders have sold a total of 13,058 shares of company stock valued at $23,119,030 in the last 90 days. Corporate insiders own 3.46% of the company's stock.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on FICO shares. Jefferies Financial Group decreased their target price on Fair Isaac from $2,275.00 to $2,175.00 and set a "buy" rating for the company in a research report on Wednesday, February 5th. Oppenheimer lowered their price objective 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. Royal Bank of Canada raised shares of Fair Isaac from a "sector perform" rating to an "outperform" rating and increased their target price for the company from $2,040.00 to $2,170.00 in a research report on Wednesday, February 26th. Bank of America initiated coverage on Fair Isaac in a research note on Thursday, April 10th. They issued a "buy" rating and a $2,800.00 price objective on the stock. Finally, UBS Group decreased their target price on Fair Isaac from $2,250.00 to $2,100.00 and set a "neutral" rating for the company in a research report on Monday, January 27th. Three research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $2,210.23.

Fair Isaac Trading Up 3.3 %

Shares of NYSE:FICO opened at $1,875.18 on Wednesday. The company has a 50 day moving average of $1,823.87 and a 200 day moving average of $1,980.17. The stock has a market cap of $45.79 billion, a P/E ratio of 86.06, a P/E/G ratio of 3.27 and a beta of 1.37. Fair Isaac Co. has a 12 month low of $1,105.65 and a 12 month high of $2,402.52.

Fair Isaac (NYSE:FICO - Get Free Report) last released its quarterly earnings results on Tuesday, February 4th. The technology company reported $4.15 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, equities analysts forecast that Fair Isaac Co. will post 24.15 earnings per share for the current fiscal year.

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.

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