Fair Isaac Co. (NYSE:FICO) Shares Acquired by BI Asset Management Fondsmaeglerselskab A S

BI Asset Management Fondsmaeglerselskab A S increased its position in shares of Fair Isaac Co. (NYSE:FICO) by 2.2% in the 4th quarter, HoldingsChannel.com reports. The firm owned 13,750 shares of the technology company’s stock after acquiring an additional 299 shares during the period. BI Asset Management Fondsmaeglerselskab A S’s holdings in Fair Isaac were worth $27,375,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of FICO. Capital World Investors acquired a new position in shares of Fair Isaac during the 4th quarter worth $8,583,000. Dimensional Fund Advisors LP increased its holdings in Fair Isaac by 2.3% during the 4th quarter. Dimensional Fund Advisors LP now owns 105,271 shares of the technology company’s stock valued at $209,612,000 after acquiring an additional 2,359 shares in the last quarter. First Trust Advisors LP raised its position in Fair Isaac by 7.3% during the fourth quarter. First Trust Advisors LP now owns 23,170 shares of the technology company’s stock worth $46,131,000 after acquiring an additional 1,574 shares during the last quarter. CANADA LIFE ASSURANCE Co lifted its holdings in shares of Fair Isaac by 5.8% in the fourth quarter. CANADA LIFE ASSURANCE Co now owns 24,753 shares of the technology company’s stock valued at $49,224,000 after purchasing an additional 1,347 shares in the last quarter. Finally, Canada Pension Plan Investment Board grew its position in shares of Fair Isaac by 40.3% in the fourth quarter. Canada Pension Plan Investment Board now owns 5,736 shares of the technology company’s stock valued at $11,420,000 after purchasing an additional 1,648 shares during the last quarter. 85.75% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities analysts have weighed in on FICO shares. Wells Fargo & Company dropped their price target on Fair Isaac from $2,650.00 to $2,600.00 and set an “overweight” rating for the company in a research report on Wednesday, February 5th. Needham & Company LLC reissued a “buy” rating and issued a $2,500.00 target price on shares of Fair Isaac in a research note on Friday, April 11th. UBS Group reduced their target price on shares of Fair Isaac from $2,250.00 to $2,100.00 and set a “neutral” rating on the stock in a report on Monday, January 27th. Royal Bank of Canada upgraded shares of Fair Isaac from a “sector perform” rating to an “outperform” rating and lifted their price target for the stock from $2,040.00 to $2,170.00 in a report on Wednesday, February 26th. Finally, Oppenheimer reduced their price objective on shares of Fair Isaac from $2,515.00 to $2,409.00 and set an “outperform” rating on the stock in a research note on Tuesday, January 7th. Three research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $2,210.23.

Insider Buying and Selling

In related news, CEO William J. Lansing sold 2,956 shares of the company’s stock in a transaction on Tuesday, April 8th. The shares were sold at an average price of $1,761.13, for a total transaction of $5,205,900.28. Following the completion of the sale, the chief executive officer now directly owns 42,138 shares of the company’s stock, valued at approximately $74,210,495.94. This represents a 6.56 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In the last quarter, insiders sold 13,058 shares of company stock valued at $23,119,030. 3.46% of the stock is currently owned by corporate insiders.

Fair Isaac Stock Up 0.4 %

Shares of FICO opened at $1,907.06 on Friday. The firm has a market cap of $46.57 billion, a PE ratio of 87.52, a price-to-earnings-growth ratio of 3.27 and a beta of 1.37. The company’s fifty day moving average is $1,821.31 and its two-hundred day moving average is $1,980.95. Fair Isaac Co. has a fifty-two week low of $1,105.65 and a fifty-two week high of $2,402.52.

Fair Isaac (NYSE:FICO) last posted its quarterly 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%. As a group, equities research analysts anticipate that Fair Isaac Co. will post 24.15 earnings per share 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.