Nebula Research & Development LLC Acquires New Holdings in Fair Isaac Co. (NYSE:FICO)

Nebula Research & Development LLC purchased a new position in shares of Fair Isaac Co. (NYSE:FICO - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 1,276 shares of the technology company's stock, valued at approximately $2,540,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Rakuten Securities Inc. increased its stake in 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 acquiring an additional 8 shares during the last quarter. Pinnacle Holdings LLC purchased a new stake in shares of Fair Isaac in the fourth quarter worth about $26,000. Berbice Capital Management LLC purchased a new stake in shares of Fair Isaac in the fourth quarter worth about $40,000. Avalon Trust Co purchased a new stake in shares of Fair Isaac in the fourth quarter worth about $40,000. Finally, OFI Invest Asset Management purchased a new stake in shares of Fair Isaac in the fourth quarter worth about $42,000. 85.75% of the stock is currently owned by institutional investors and hedge funds.

Fair Isaac Trading Down 0.6 %

Fair Isaac stock traded down $11.41 during mid-day trading on Monday, reaching $1,940.90. The company's stock had a trading volume of 201,253 shares, compared to its average volume of 179,020. The firm has a market cap of $47.39 billion, a price-to-earnings ratio of 89.07, a PEG ratio of 3.27 and a beta of 1.37. The business has a 50 day moving average price of $1,832.51 and a 200-day moving average price of $1,979.12. Fair Isaac Co. has a twelve month low of $1,112.65 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 analysts' consensus estimates 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, equities analysts expect that Fair Isaac Co. will post 24.15 EPS for the current fiscal year.

Analyst Ratings Changes

FICO has been the subject of several analyst reports. Wells Fargo & Company decreased their target price on 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. Bank of America initiated coverage on Fair Isaac in a research report on Thursday, April 10th. They issued a "buy" rating and a $2,800.00 target price for the company. Royal Bank of Canada raised Fair Isaac from a "sector perform" rating to an "outperform" rating and upped their target price for the stock from $2,040.00 to $2,170.00 in a research report on Wednesday, February 26th. Barclays dropped their price objective on Fair Isaac from $2,350.00 to $2,250.00 and set an "overweight" rating on the stock in a report on Friday, April 4th. Finally, Jefferies Financial Group cut their target price on Fair Isaac from $2,275.00 to $2,175.00 and set a "buy" rating on the stock in a research report on Wednesday, February 5th. Three investment analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. Based on data from MarketBeat, Fair Isaac currently has an average rating of "Moderate Buy" and a consensus price target of $2,276.25.

Insider Buying and Selling at Fair Isaac

In other Fair Isaac news, CEO William J. Lansing sold 2,956 shares of the firm's stock in a transaction on Tuesday, April 8th. The stock was sold at an average price of $1,761.13, for a total value of $5,205,900.28. Following the sale, the chief executive officer now directly owns 42,138 shares in the company, valued at approximately $74,210,495.94. This trade represents a 6.56 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Over the last three months, insiders have sold 13,058 shares of company stock worth $23,119,030. 3.46% of the stock is owned by insiders.

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.