Royal London Asset Management Ltd. Has $23.02 Million Stock Holdings in Fair Isaac Co. (NYSE:FICO)

Royal London Asset Management Ltd. lifted its stake in shares of Fair Isaac Co. (NYSE:FICO - Free Report) by 18.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 11,562 shares of the technology company's stock after purchasing an additional 1,788 shares during the quarter. Royal London Asset Management Ltd.'s holdings in Fair Isaac were worth $23,019,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. Vinva Investment Management Ltd boosted its holdings in shares of Fair Isaac by 120.8% in the fourth quarter. Vinva Investment Management Ltd now owns 2,351 shares of the technology company's stock valued at $4,734,000 after acquiring an additional 1,286 shares in the last quarter. North Forty Two & Co. bought a new position in Fair Isaac during the 4th quarter valued at $498,000. Xponance Inc. increased its position in shares of Fair Isaac by 2.6% during the 4th quarter. Xponance Inc. now owns 5,169 shares of the technology company's stock valued at $10,291,000 after purchasing an additional 131 shares during the period. Intech Investment Management LLC raised its stake in shares of Fair Isaac by 23.7% in the 4th quarter. Intech Investment Management LLC now owns 28,702 shares of the technology company's stock worth $57,144,000 after buying an additional 5,494 shares in the last quarter. Finally, Generali Asset Management SPA SGR acquired a new stake in shares of Fair Isaac in the fourth quarter valued at $1,742,000. Institutional investors and hedge funds own 85.75% of the company's stock.

Insiders Place Their Bets

In other news, CFO Steven P. Weber sold 139 shares of the stock in a transaction dated Thursday, January 9th. The stock was sold at an average price of $1,964.42, for a total transaction of $273,054.38. Following the transaction, the chief financial officer now owns 2,478 shares of the company's stock, valued at approximately $4,867,832.76. This represents a 5.31 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO William J. Lansing sold 4,092 shares of the business's stock in a transaction that occurred on 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 sale, the chief executive officer now 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 ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 10,241 shares of company stock valued at $18,186,184 over the last three months. 3.46% of the stock is currently owned by insiders.

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Fair Isaac Stock Performance

Shares of Fair Isaac stock traded down $35.79 during trading on Wednesday, hitting $1,883.85. 128,959 shares of the stock traded hands, compared to its average volume of 212,943. The stock has a market cap of $46.00 billion, a P/E ratio of 86.45, a PEG ratio of 3.27 and a beta of 1.41. The company has a fifty day moving average price of $1,834.60 and a two-hundred day moving average price of $1,990.58. Fair Isaac Co. has a twelve month low of $1,105.65 and a twelve month high of $2,402.51.

Fair Isaac (NYSE:FICO - Get Free Report) last posted its earnings results on Tuesday, February 4th. The technology company reported $4.15 earnings per share (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%. On average, equities research analysts expect that Fair Isaac Co. will post 24.15 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on FICO shares. The Goldman Sachs Group lifted their price objective on shares of Fair Isaac from $2,374.00 to $2,661.00 and gave the stock a "buy" rating in a research note on Thursday, December 5th. Robert W. Baird reduced their price objective 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. Jefferies Financial Group reduced their target price on Fair Isaac from $2,275.00 to $2,175.00 and set a "buy" rating for the company in a report on Wednesday, February 5th. Royal Bank of Canada upgraded Fair Isaac from a "sector perform" rating to an "outperform" rating and increased their price target for the company from $2,040.00 to $2,170.00 in a research report on Wednesday, February 26th. Finally, JPMorgan Chase & Co. assumed coverage on Fair Isaac in a report on Friday, December 20th. They set a "neutral" rating and a $2,150.00 price objective on the stock. Four investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. Based on data from MarketBeat, Fair Isaac presently has an average rating of "Moderate Buy" and an average price target of $2,088.15.

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.