Pittenger & Anderson Inc. Raises Stock Holdings in Fair Isaac Co. (NYSE:FICO)

Pittenger & Anderson Inc. lifted its holdings in shares of Fair Isaac Co. (NYSE:FICO - Free Report) by 42.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 515 shares of the technology company's stock after purchasing an additional 154 shares during the period. Pittenger & Anderson Inc.'s holdings in Fair Isaac were worth $1,025,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. First National Bank of Omaha purchased a new position in Fair Isaac during the 3rd quarter valued at about $1,576,000. National Bank of Canada FI grew its holdings in Fair Isaac by 51.9% during the 3rd quarter. National Bank of Canada FI now owns 19,817 shares of the technology company's stock valued at $38,514,000 after buying an additional 6,768 shares in the last quarter. Donoghue Forlines LLC purchased a new position in Fair Isaac during the 4th quarter valued at about $1,935,000. BNP Paribas purchased a new position in Fair Isaac during the 3rd quarter valued at about $445,000. Finally, Harvest Fund Management Co. Ltd grew its holdings in Fair Isaac by 86.3% during the 3rd quarter. Harvest Fund Management Co. Ltd now owns 760 shares of the technology company's stock valued at $1,477,000 after buying an additional 352 shares in the last quarter. Hedge funds and other institutional investors own 85.75% of the company's stock.

Fair Isaac Stock Performance

NYSE:FICO traded down $28.50 during mid-day trading on Friday, reaching $1,697.04. The stock had a trading volume of 157,613 shares, compared to its average volume of 223,912. Fair Isaac Co. has a one year low of $1,105.65 and a one year high of $2,402.51. The firm has a 50 day moving average price of $1,919.33 and a two-hundred day moving average price of $1,972.35. The stock has a market capitalization of $41.44 billion, a P/E ratio of 77.88, a P/E/G ratio of 3.33 and a beta of 1.39.

Fair Isaac (NYSE:FICO - Get Free Report) last announced 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%. Research analysts forecast that Fair Isaac Co. will post 24.15 earnings per share for the current year.

Insider Buying and Selling at Fair Isaac

In other news, CEO William J. Lansing sold 6,010 shares of the business's 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 transaction, the chief executive officer now directly owns 42,138 shares of the company's stock, valued at approximately $76,026,643.74. The trade was a 12.48 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Steven P. Weber sold 139 shares of the business's stock in a transaction that occurred on 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 transaction, the chief financial officer now directly owns 2,478 shares in the company, valued at $4,867,832.76. This trade represents a 5.31 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 13,170 shares of company stock worth $27,132,248. 3.46% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of research firms have weighed in on FICO. Needham & Company LLC reaffirmed a "buy" rating and set a $2,500.00 target price on shares of Fair Isaac in a report on Wednesday, February 5th. 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 report on Monday, January 27th. The Goldman Sachs Group boosted their price objective on Fair Isaac from $2,374.00 to $2,661.00 and gave the stock a "buy" rating in a report on Thursday, December 5th. Royal Bank of Canada reissued a "sector perform" rating and set a $2,040.00 price objective on shares of Fair Isaac in a report on Thursday, November 7th. Finally, JPMorgan Chase & Co. began coverage on Fair Isaac in a report on Friday, December 20th. They set a "neutral" rating and a $2,150.00 price objective for the company. Five research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $2,078.15.

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.