Mizuho Securities USA LLC Has $4.60 Million Stock Holdings in Fair Isaac Co. (NYSE:FICO)

Mizuho Securities USA LLC raised its position in shares of Fair Isaac Co. (NYSE:FICO - Free Report) by 45.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,308 shares of the technology company's stock after acquiring an additional 718 shares during the period. Mizuho Securities USA LLC's holdings in Fair Isaac were worth $4,595,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Rakuten Securities Inc. increased its holdings in shares of Fair Isaac by 160.0% during the fourth 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 increased its stake in Fair Isaac by 900.0% during the 3rd quarter. True Wealth Design LLC now owns 20 shares of the technology company's stock worth $39,000 after acquiring an additional 18 shares during the period. Berbice Capital Management LLC bought a new stake in shares of Fair Isaac during the 4th quarter valued at $40,000. Avalon Trust Co bought a new stake in shares of Fair Isaac during the 4th quarter valued at $40,000. Finally, OFI Invest Asset Management acquired a new stake in shares of Fair Isaac during the 4th quarter worth $42,000. Institutional investors and hedge funds own 85.75% of the company's stock.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on FICO shares. Robert W. Baird cut their price objective on shares of 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. Wells Fargo & Company lowered their price objective on shares of Fair Isaac from $2,650.00 to $2,600.00 and set an "overweight" rating for the company in a research report on Wednesday, February 5th. Royal Bank of Canada raised Fair Isaac from a "sector perform" rating to an "outperform" rating and raised their target price for the company from $2,040.00 to $2,170.00 in a report on Wednesday, February 26th. Oppenheimer lowered their price target on Fair Isaac from $2,515.00 to $2,409.00 and set an "outperform" rating for the company in a report on Tuesday, January 7th. Finally, JPMorgan Chase & Co. initiated coverage on Fair Isaac in a research report on Friday, December 20th. They issued a "neutral" rating and a $2,150.00 target price on the stock. Four investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. Based on data from MarketBeat, Fair Isaac currently has an average rating of "Moderate Buy" and a consensus price target of $2,088.15.

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Insider Buying and Selling at Fair Isaac

In other news, CEO William J. Lansing sold 4,092 shares of Fair Isaac stock in a transaction dated Tuesday, March 11th. The stock was sold at an average price of $1,727.69, for a total value of $7,069,707.48. Following the completion of the transaction, the chief executive officer now directly owns 42,138 shares of the company's stock, valued at approximately $72,801,401.22. This trade represents a 8.85 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO Steven P. Weber sold 139 shares of the company's stock in a transaction dated Thursday, January 9th. The shares were sold at an average price of $1,964.42, for a total value of $273,054.38. Following the sale, the chief financial officer now owns 2,478 shares in the company, valued at approximately $4,867,832.76. The trade was a 5.31 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 10,241 shares of company stock valued at $18,186,184. 3.46% of the stock is currently owned by company insiders.

Fair Isaac Stock Down 0.8 %

Shares of FICO stock traded down $14.66 during trading hours on Thursday, hitting $1,872.34. 88,845 shares of the company's stock traded hands, compared to its average volume of 171,697. The stock has a market cap of $45.72 billion, a PE ratio of 85.93, a price-to-earnings-growth ratio of 3.27 and a beta of 1.41. Fair Isaac Co. has a 12 month low of $1,105.65 and a 12 month high of $2,402.52. The stock's 50 day simple moving average is $1,831.78 and its 200 day simple moving average is $1,989.83.

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%. As a group, equities research analysts expect that Fair Isaac Co. will post 24.15 EPS 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.