DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main Cuts Stock Position in Fair Isaac Co. (NYSE:FICO)

DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main lessened its stake in Fair Isaac Co. (NYSE:FICO) by 14.6% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 700 shares of the technology company’s stock after selling 120 shares during the period. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main’s holdings in Fair Isaac were worth $1,394,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently added to or reduced their stakes in FICO. Rakuten Securities Inc. lifted its holdings in shares of Fair Isaac by 160.0% during the fourth quarter. Rakuten Securities Inc. now owns 13 shares of the technology company’s stock worth $26,000 after purchasing an additional 8 shares during the period. Pinnacle Holdings LLC acquired a new stake in shares of Fair Isaac during the fourth quarter worth about $26,000. Berbice Capital Management LLC acquired a new stake in shares of Fair Isaac during the fourth quarter worth about $40,000. Avalon Trust Co acquired a new stake in shares of Fair Isaac during the fourth quarter worth about $40,000. Finally, OFI Invest Asset Management acquired a new stake in shares of Fair Isaac during the fourth quarter worth about $42,000. Hedge funds and other institutional investors own 85.75% of the company’s stock.

Insider Activity

In related news, CEO William J. Lansing sold 2,956 shares of the firm’s stock in a transaction that occurred on Tuesday, April 8th. The stock was sold at an average price of $1,761.13, for a total transaction of $5,205,900.28. Following the transaction, the chief executive officer now owns 42,138 shares in the company, valued at $74,210,495.94. This trade represents a 6.56% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Thomas A. Bowers sold 4,077 shares of the firm’s stock in a transaction that occurred on Friday, May 2nd. The stock was sold at an average price of $2,057.05, for a total value of $8,386,592.85. Following the transaction, the executive vice president now owns 9,974 shares in the company, valued at $20,517,016.70. This represents a 29.02% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 17,135 shares of company stock worth $31,505,623. 3.46% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

FICO has been the subject of a number of analyst reports. Oppenheimer boosted their price target on Fair Isaac from $2,116.00 to $2,293.00 and gave the company an “outperform” rating in a report on Thursday. Raymond James boosted their price target on Fair Isaac from $2,030.00 to $2,230.00 and gave the company an “outperform” rating in a report on Wednesday, April 30th. Bank of America initiated coverage on Fair Isaac in a report on Thursday, April 10th. They issued a “buy” rating and a $2,800.00 price target for the company. Jefferies Financial Group decreased their price target 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. Finally, Barclays decreased their price target on Fair Isaac from $2,350.00 to $2,250.00 and set an “overweight” rating for the company in a report on Friday, April 4th. Three research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Fair Isaac presently has a consensus rating of “Moderate Buy” and an average target price of $2,268.54.

Fair Isaac Price Performance

FICO stock opened at $2,089.01 on Monday. The firm has a market capitalization of $50.85 billion, a P/E ratio of 95.87, a P/E/G ratio of 3.27 and a beta of 1.40. The business’s 50-day moving average is $1,879.31 and its two-hundred day moving average is $1,980.15. Fair Isaac Co. has a 1 year low of $1,266.72 and a 1 year high of $2,402.52.

Fair Isaac (NYSE:FICO) last posted its quarterly earnings results on Tuesday, April 29th. The technology company reported $7.81 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $7.33 by $0.48. The company had revenue of $498.74 million for the quarter, compared to analyst estimates of $500.45 million. Fair Isaac had a negative return on equity of 53.40% and a net margin of 30.66%. Fair Isaac’s revenue for the quarter was up 15.0% compared to the same quarter last year. During the same quarter last year, the company earned $6.14 EPS. On average, analysts expect that Fair Isaac Co. will post 24.15 EPS for the current year.

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.