Natixis Makes New Investment in Fair Isaac Co. (NYSE:FICO)

Natixis purchased a new position in Fair Isaac Co. (NYSE:FICO - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 11,179 shares of the technology company's stock, valued at approximately $22,257,000.

Several other institutional investors and hedge funds have also bought and sold shares of FICO. Principal Financial Group Inc. raised its stake in Fair Isaac by 0.5% during the 3rd quarter. Principal Financial Group Inc. now owns 372,582 shares of the technology company's stock valued at $724,122,000 after buying an additional 1,977 shares during the last quarter. Barclays PLC boosted its holdings in shares of Fair Isaac by 24.8% in the third quarter. Barclays PLC now owns 60,521 shares of the technology company's stock worth $117,624,000 after buying an additional 12,038 shares during the last quarter. Morse Asset Management Inc lifted its position in Fair Isaac by 7.3% during the third quarter. Morse Asset Management Inc now owns 427 shares of the technology company's stock valued at $830,000 after purchasing an additional 29 shares in the last quarter. Anchor Investment Management LLC lifted its position in shares of Fair Isaac by 204.0% during the 3rd quarter. Anchor Investment Management LLC now owns 76 shares of the technology company's stock valued at $148,000 after buying an additional 51 shares in the last quarter. Finally, World Investment Advisors LLC purchased a new stake in Fair Isaac in the 3rd quarter worth approximately $290,000. 85.75% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In related 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 transaction of $7,069,707.48. Following the completion of the sale, the chief executive officer now owns 42,138 shares in the company, valued at approximately $72,801,401.22. This trade represents a 8.85 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders have sold 13,058 shares of company stock worth $23,119,030 over the last ninety days. 3.46% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on FICO shares. Wells Fargo & Company cut their target price on shares of Fair Isaac from $2,650.00 to $2,600.00 and set an "overweight" rating for the company in a research note on Wednesday, February 5th. Barclays decreased their target price on Fair Isaac from $2,350.00 to $2,250.00 and set an "overweight" rating for the company in a research report on Friday, April 4th. Oppenheimer cut 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 report on Tuesday, January 7th. UBS Group reduced their price objective on shares of Fair Isaac from $2,250.00 to $2,100.00 and set a "neutral" rating for the company in a research note on Monday, January 27th. Finally, Needham & Company LLC restated a "buy" rating and set a $2,500.00 price target on shares of Fair Isaac in a research note on Friday, April 11th. Three analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $2,210.23.

Fair Isaac Stock Up 0.6 %

Shares of FICO traded up $11.51 on Thursday, reaching $1,937.57. The stock had a trading volume of 93,554 shares, compared to its average volume of 179,783. The firm has a 50-day moving average of $1,826.47 and a 200 day moving average of $1,979.79. The firm has a market capitalization of $47.31 billion, a PE ratio of 89.04, a PEG ratio of 3.27 and a beta of 1.37. Fair Isaac Co. has a twelve month low of $1,105.65 and a twelve month high of $2,402.52.

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

About Fair Isaac

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.