Whittier Trust Co. of Nevada Inc. Has $13.07 Million Stake in Fair Isaac Co. (NYSE:FICO)

Whittier Trust Co. of Nevada Inc. lifted its stake in shares of Fair Isaac Co. (NYSE:FICO - Free Report) by 3.7% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 6,567 shares of the technology company's stock after buying an additional 237 shares during the quarter. Whittier Trust Co. of Nevada Inc.'s holdings in Fair Isaac were worth $13,074,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the stock. First National Bank of Omaha acquired a new position in Fair Isaac in the 3rd quarter valued at $1,576,000. National Bank of Canada FI grew its stake in shares of Fair Isaac by 51.9% in the third quarter. National Bank of Canada FI now owns 19,817 shares of the technology company's stock valued at $38,514,000 after acquiring an additional 6,768 shares in the last quarter. Donoghue Forlines LLC bought a new position in Fair Isaac during the fourth quarter worth about $1,935,000. BNP Paribas acquired a new stake in Fair Isaac in the 3rd quarter worth about $445,000. Finally, Czech National Bank boosted its holdings in Fair Isaac by 5.7% in the 4th quarter. Czech National Bank now owns 5,280 shares of the technology company's stock valued at $10,512,000 after purchasing an additional 286 shares during the period. Institutional investors and hedge funds own 85.75% of the company's stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on FICO shares. Robert W. Baird dropped their price target on shares of Fair Isaac from $1,975.00 to $1,775.00 and set a "neutral" rating for the company in a research report on Wednesday, February 5th. The Goldman Sachs Group upped their target price on Fair Isaac from $2,374.00 to $2,661.00 and gave the company a "buy" rating in a research report 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. Needham & Company LLC reaffirmed a "buy" rating and set a $2,500.00 price objective on shares of Fair Isaac in a research report on Wednesday, February 5th. Finally, Royal Bank of Canada raised shares of Fair Isaac from a "sector perform" rating to an "outperform" rating and raised their target price for the company from $2,040.00 to $2,170.00 in a report on Wednesday, February 26th. Four equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $2,088.15.

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Fair Isaac Stock Performance

Shares of Fair Isaac stock traded up $25.19 during midday trading on Tuesday, hitting $1,922.85. 142,866 shares of the company traded hands, compared to its average volume of 171,975. The stock has a market cap of $46.95 billion, a price-to-earnings ratio of 88.24, a PEG ratio of 3.27 and a beta of 1.41. The firm's fifty day moving average price is $1,835.05 and its 200-day moving average price is $1,989.24. 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 announced its quarterly 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 negative return on equity of 53.40% and a net margin of 30.66%. Equities 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 Fair Isaac news, CFO Steven P. Weber sold 139 shares of the company'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 completion of the transaction, the chief financial officer now directly owns 2,478 shares in the company, 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 can be accessed through this link. Also, CEO William J. Lansing sold 4,092 shares of the firm's stock in a transaction on Tuesday, March 11th. The shares were sold at an average price of $1,727.69, for a total transaction of $7,069,707.48. Following the transaction, the chief executive officer now directly owns 42,138 shares of the company's stock, valued at $72,801,401.22. The trade was a 8.85 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 10,241 shares of company stock worth $18,186,184. 3.46% of the stock is currently owned by insiders.

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.