259 Shares in Fair Isaac Co. (NYSE:FICO) Acquired by SBI Securities Co. Ltd.

SBI Securities Co. Ltd. purchased a new stake in Fair Isaac Co. (NYSE:FICO - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 259 shares of the technology company's stock, valued at approximately $516,000.

Other hedge funds also recently added to or reduced their stakes in the company. Covestor Ltd grew its position in Fair Isaac by 30.0% during the third quarter. Covestor Ltd now owns 26 shares of the technology company's stock valued at $52,000 after buying an additional 6 shares during the period. Meeder Asset Management Inc. grew its position in shares of Fair Isaac by 37.5% during the 3rd quarter. Meeder Asset Management Inc. now owns 22 shares of the technology company's stock valued at $43,000 after acquiring an additional 6 shares during the period. Mechanics Bank Trust Department increased its stake in shares of Fair Isaac by 5.7% in the 4th quarter. Mechanics Bank Trust Department now owns 112 shares of the technology company's stock valued at $223,000 after purchasing an additional 6 shares in the last quarter. Alpha Cubed Investments LLC raised its holdings in Fair Isaac by 1.3% in the 4th quarter. Alpha Cubed Investments LLC now owns 473 shares of the technology company's stock worth $942,000 after purchasing an additional 6 shares during the period. Finally, Resonant Capital Advisors LLC grew its holdings in Fair Isaac by 2.0% in the fourth quarter. Resonant Capital Advisors LLC now owns 306 shares of the technology company's stock valued at $609,000 after purchasing an additional 6 shares during the period. 85.75% of the stock is owned by hedge funds and other institutional investors.

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Fair Isaac Trading Up 1.1 %

FICO stock traded up $19.13 on Friday, hitting $1,835.64. The company's stock had a trading volume of 213,628 shares, compared to its average volume of 172,939. The stock has a market cap of $44.82 billion, a price-to-earnings ratio of 84.24, a price-to-earnings-growth ratio of 3.27 and a beta of 1.39. The firm has a 50 day moving average of $1,873.58 and a two-hundred day moving average of $1,979.17. Fair Isaac Co. has a 1 year low of $1,105.65 and a 1 year high of $2,402.52.

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

Insiders Place Their Bets

In other news, EVP James M. Wehmann sold 3,000 shares of the business's stock in a transaction dated Thursday, December 12th. The shares were sold at an average price of $2,195.19, for a total transaction of $6,585,570.00. Following the transaction, the executive vice president now directly owns 51,911 shares in the company, valued at $113,954,508.09. The trade was a 5.46 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO William J. Lansing sold 6,010 shares of the stock in a transaction dated 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 $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 9,670 shares of company stock valued at $18,823,773. 3.46% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on FICO shares. Royal Bank of Canada raised shares of Fair Isaac from a "sector perform" rating to an "outperform" rating and lifted their price objective for the stock from $2,040.00 to $2,170.00 in a research report on Wednesday, February 26th. UBS Group decreased their price target 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. JPMorgan Chase & Co. initiated coverage on Fair Isaac in a report on Friday, December 20th. They issued a "neutral" rating and a $2,150.00 price objective on the stock. Oppenheimer decreased their target price 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. Finally, The Goldman Sachs Group raised 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 report on Thursday, December 5th. Four investment analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $2,088.15.

Fair Isaac Company 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.