287 Shares in Fair Isaac Co. (NYSE:FICO) Bought by Machina Capital S.A.S.

Machina Capital S.A.S. purchased a new position in Fair Isaac Co. (NYSE:FICO - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 287 shares of the technology company's stock, valued at approximately $571,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. State Street Corp lifted its position in shares of Fair Isaac by 0.5% in the third quarter. State Street Corp now owns 1,045,165 shares of the technology company's stock worth $2,031,299,000 after buying an additional 5,472 shares during the last quarter. JPMorgan Chase & Co. lifted its position in shares of Fair Isaac by 1.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 673,242 shares of the technology company's stock worth $1,308,460,000 after purchasing an additional 7,466 shares during the last quarter. Geode Capital Management LLC lifted its position in shares of Fair Isaac by 1.0% during the 3rd quarter. Geode Capital Management LLC now owns 645,379 shares of the technology company's stock worth $1,251,537,000 after purchasing an additional 6,510 shares during the last quarter. Principal Financial Group Inc. lifted its position in shares of 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% during 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 last quarter. Institutional investors and hedge funds own 85.75% of the company's stock.

Remove Ads

Fair Isaac Stock Performance

Shares of FICO stock traded up $19.13 during trading hours on Friday, hitting $1,835.64. The company had a trading volume of 213,628 shares, compared to its average volume of 173,087. Fair Isaac Co. has a 12 month low of $1,105.65 and a 12 month high of $2,402.52. The firm has a market capitalization of $44.82 billion, a price-to-earnings ratio of 84.24, a PEG ratio of 3.27 and a beta of 1.41. The firm's fifty day moving average is $1,869.55 and its 200 day moving average is $1,982.96.

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 net margin of 30.66% and a negative return on equity of 53.40%. On average, sell-side analysts expect that Fair Isaac Co. will post 24.15 EPS for the current fiscal year.

Analysts Set New Price Targets

Several equities analysts recently weighed in on FICO shares. Robert W. Baird cut their price objective on Fair Isaac from $1,975.00 to $1,775.00 and set a "neutral" rating for the company in a research report on Wednesday, February 5th. Oppenheimer cut their price objective on Fair Isaac from $2,515.00 to $2,409.00 and set an "outperform" rating for the company in a research report on Tuesday, January 7th. UBS Group cut their price objective 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. Royal Bank of Canada raised Fair Isaac from a "sector perform" rating to an "outperform" rating and upped their price target for the company from $2,040.00 to $2,170.00 in a report on Wednesday, February 26th. Finally, Needham & Company LLC reaffirmed a "buy" rating and issued a $2,500.00 price target on shares of Fair Isaac in a report on Wednesday, February 5th. Four investment analysts have rated the stock with a hold rating and nine have given a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $2,088.15.

Insider Buying and Selling

In related news, CEO William J. Lansing sold 6,010 shares of the stock in a transaction that occurred on Tuesday, February 11th. The stock was sold at an average price of $1,804.23, for a total transaction of $10,843,422.30. Following the sale, the chief executive officer now directly owns 42,138 shares in the company, valued at $76,026,643.74. This represents a 12.48 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP James M. Wehmann sold 3,000 shares of the stock in a transaction that occurred on Thursday, December 12th. The stock was sold at an average price of $2,195.19, for a total value of $6,585,570.00. Following the sale, the executive vice president now owns 51,911 shares in the company, valued at approximately $113,954,508.09. This trade represents a 5.46 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 9,670 shares of company stock worth $18,823,773 in the last three months. 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.