Quantbot Technologies LP Makes New $2.80 Million Investment in Fair Isaac Co. (NYSE:FICO)

Quantbot Technologies LP purchased a new stake in Fair Isaac Co. (NYSE:FICO - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 1,408 shares of the technology company's stock, valued at approximately $2,803,000.

Several other large investors also recently made changes to their positions in FICO. State Street Corp increased its position in Fair Isaac by 0.5% in the 3rd quarter. State Street Corp now owns 1,045,165 shares of the technology company's stock valued at $2,031,299,000 after acquiring an additional 5,472 shares during the period. JPMorgan Chase & Co. grew its stake in shares of Fair Isaac by 1.1% in the third 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 in the last quarter. Geode Capital Management LLC increased its holdings in shares of Fair Isaac by 1.0% during the third quarter. Geode Capital Management LLC now owns 645,379 shares of the technology company's stock valued at $1,251,537,000 after purchasing an additional 6,510 shares during the period. Principal Financial Group Inc. raised its stake in shares of Fair Isaac by 0.5% during the third quarter. Principal Financial Group Inc. now owns 372,582 shares of the technology company's stock valued at $724,122,000 after purchasing an additional 1,977 shares in the last quarter. Finally, Jennison Associates LLC lifted its holdings in Fair Isaac by 5.4% in the fourth 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 period. Institutional investors and hedge funds own 85.75% of the company's stock.

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Insiders Place Their Bets

In other Fair Isaac news, CFO Steven P. Weber sold 139 shares of the 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 completion of the sale, the chief financial officer now owns 2,478 shares in the company, valued at $4,867,832.76. This represents a 5.31 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO William J. Lansing sold 6,010 shares of the business's stock in a transaction on Tuesday, February 11th. The shares were 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 owns 42,138 shares in the company, valued at approximately $76,026,643.74. This represents a 12.48 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 10,241 shares of company stock worth $18,186,184. 3.46% of the stock is currently owned by company insiders.

Fair Isaac Stock Down 0.8 %

Shares of Fair Isaac stock traded down $14.66 during trading on Thursday, hitting $1,872.34. The stock had a trading volume of 88,845 shares, compared to its average volume of 171,697. Fair Isaac Co. has a 1 year low of $1,105.65 and a 1 year high of $2,402.52. The stock has a 50 day simple moving average of $1,831.78 and a 200 day simple moving average of $1,989.83. The company has a market capitalization of $45.72 billion, a PE ratio of 85.93, a P/E/G ratio of 3.27 and a beta of 1.41.

Fair Isaac (NYSE:FICO - Get Free Report) last posted 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 negative return on equity of 53.40% and a net margin of 30.66%. As a group, equities analysts expect that Fair Isaac Co. will post 24.15 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

FICO has been the topic of a number of recent analyst reports. Jefferies Financial Group dropped their price target on shares of 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. Royal Bank of Canada upgraded 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. Oppenheimer decreased their price target on Fair Isaac from $2,515.00 to $2,409.00 and set an "outperform" rating for the company in a research note on Tuesday, January 7th. JPMorgan Chase & Co. began coverage on Fair Isaac in a research note on Friday, December 20th. They issued a "neutral" rating and a $2,150.00 price objective on the stock. Finally, Robert W. Baird decreased their target price on Fair Isaac from $1,975.00 to $1,775.00 and set a "neutral" rating for the company in a research note on Wednesday, February 5th. Four analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $2,088.15.

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.