Vinva Investment Management Ltd Acquires 1,286 Shares of Fair Isaac Co. (NYSE:FICO)

Vinva Investment Management Ltd increased its stake in Fair Isaac Co. (NYSE:FICO - Free Report) by 120.8% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 2,351 shares of the technology company's stock after purchasing an additional 1,286 shares during the quarter. Vinva Investment Management Ltd's holdings in Fair Isaac were worth $4,734,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the stock. Principal Financial Group Inc. increased its position in Fair Isaac by 0.5% in the 3rd quarter. Principal Financial Group Inc. now owns 372,582 shares of the technology company's stock worth $724,122,000 after buying an additional 1,977 shares during the period. Thrivent Financial for Lutherans raised its stake in shares of Fair Isaac by 5.4% in the third quarter. Thrivent Financial for Lutherans now owns 4,185 shares of the technology company's stock valued at $8,134,000 after purchasing an additional 214 shares in the last quarter. Quest Partners LLC bought a new position in shares of Fair Isaac during the 3rd quarter worth about $688,000. Meeder Asset Management Inc. lifted its stake in Fair Isaac by 37.5% during the third quarter. Meeder Asset Management Inc. now owns 22 shares of the technology company's stock worth $43,000 after purchasing an additional 6 shares during the period. Finally, B. Metzler seel. Sohn & Co. Holding AG bought a new position in shares of Fair Isaac during the 3rd quarter worth approximately $2,981,000. Institutional investors own 85.75% of the company's stock.

Insiders Place Their Bets

In other news, CEO William J. Lansing sold 4,092 shares of the business's stock in a transaction dated Tuesday, March 11th. The stock was sold at an average price of $1,727.69, for a total transaction of $7,069,707.48. Following the completion of the transaction, the chief executive officer now directly owns 42,138 shares in the company, valued at approximately $72,801,401.22. The trade was a 8.85 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Steven P. Weber sold 139 shares of the company's stock in a transaction dated 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 directly owns 2,478 shares of the company's stock, valued at approximately $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. In the last 90 days, insiders sold 10,241 shares of company stock valued at $18,186,184. Company insiders own 3.46% of the company's stock.

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Analysts Set New Price Targets

Several research firms have recently weighed in on FICO. Oppenheimer lowered their target price on shares of Fair Isaac from $2,515.00 to $2,409.00 and set an "outperform" rating on the stock in a report on Tuesday, January 7th. JPMorgan Chase & Co. assumed coverage on shares of Fair Isaac in a research note on Friday, December 20th. They set a "neutral" rating and a $2,150.00 price objective on the stock. The Goldman Sachs Group lifted their target price on shares of Fair Isaac from $2,374.00 to $2,661.00 and gave the company a "buy" rating in a research note on Thursday, December 5th. Wells Fargo & Company decreased their price target on Fair Isaac from $2,650.00 to $2,600.00 and set an "overweight" rating on the stock in a research report on Wednesday, February 5th. Finally, Jefferies Financial Group cut their price objective on Fair Isaac from $2,275.00 to $2,175.00 and set a "buy" rating for the company in a research report on Wednesday, February 5th. Four analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $2,088.15.

Fair Isaac Trading Up 2.6 %

Fair Isaac stock traded up $47.47 during mid-day trading on Monday, hitting $1,900.76. The stock had a trading volume of 166,030 shares, compared to its average volume of 172,016. The stock has a 50-day simple moving average of $1,835.24 and a two-hundred day simple moving average of $1,988.23. The stock has a market capitalization of $46.41 billion, a PE ratio of 87.23, a P/E/G ratio of 3.27 and a beta of 1.41. Fair Isaac Co. has a 12 month low of $1,105.65 and a 12 month high of $2,402.52.

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

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.