Deutsche Bank AG increased its holdings in shares of Fair Isaac Co. (NYSE:FICO – Free Report) by 27.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 102,909 shares of the technology company’s stock after purchasing an additional 22,011 shares during the period. Deutsche Bank AG owned approximately 0.42% of Fair Isaac worth $204,885,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in FICO. Nebula Research & Development LLC acquired a new stake in Fair Isaac during the fourth quarter worth about $2,540,000. Donoghue Forlines LLC acquired a new stake in shares of Fair Isaac during the 4th quarter worth approximately $1,935,000. Czech National Bank grew its stake in shares of Fair Isaac by 5.7% during the 4th quarter. Czech National Bank now owns 5,280 shares of the technology company’s stock worth $10,512,000 after purchasing an additional 286 shares during the period. Barclays PLC increased its holdings in shares of Fair Isaac by 24.8% during the 3rd quarter. Barclays PLC now owns 60,521 shares of the technology company’s stock valued at $117,624,000 after purchasing an additional 12,038 shares in the last quarter. Finally, Brighton Jones LLC lifted its stake in shares of Fair Isaac by 168.7% in the 4th quarter. Brighton Jones LLC now owns 481 shares of the technology company’s stock valued at $958,000 after purchasing an additional 302 shares during the period. 85.75% of the stock is owned by institutional investors and hedge funds.
Fair Isaac Trading Down 0.8 %
FICO opened at $2,089.01 on Friday. The firm has a market capitalization of $50.85 billion, a PE ratio of 95.87, a PEG ratio of 3.27 and a beta of 1.40. Fair Isaac Co. has a twelve month low of $1,266.72 and a twelve month high of $2,402.52. The firm’s 50-day moving average price is $1,879.31 and its 200 day moving average price is $1,980.37.
Analyst Ratings Changes
FICO has been the subject of a number of recent analyst reports. Raymond James lifted their price objective on shares of Fair Isaac from $2,030.00 to $2,230.00 and gave the company an “outperform” rating in a report on Wednesday, April 30th. Barclays reduced 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. Robert W. Baird raised their price objective on Fair Isaac from $1,775.00 to $1,837.00 and gave the company a “neutral” rating in a report on Wednesday, April 30th. UBS Group reduced their target price on Fair Isaac from $2,250.00 to $2,100.00 and set a “neutral” rating for the company in a research note on Monday, January 27th. Finally, Needham & Company LLC reissued a “buy” rating and issued a $2,500.00 price target on shares of Fair Isaac in a research note on Wednesday, April 30th. Three investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. Based on data from MarketBeat.com, Fair Isaac currently has an average rating of “Moderate Buy” and a consensus price target of $2,268.54.
Check Out Our Latest Report on Fair Isaac
Insiders Place Their Bets
In other news, CEO William J. Lansing sold 6,010 shares of Fair Isaac stock in a transaction that occurred on Tuesday, February 11th. The shares were sold at an average price of $1,804.23, for a total transaction of $10,843,422.30. Following the sale, the chief executive officer now owns 42,138 shares of the company’s stock, valued at approximately $76,026,643.74. The trade was a 12.48 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Thomas A. Bowers sold 4,077 shares of the 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 completion of the transaction, the executive vice president now owns 9,974 shares of the company’s stock, valued at $20,517,016.70. The trade was a 29.02 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 17,135 shares of company stock valued at $31,505,623 in the last three months. 3.46% of the stock is currently owned by insiders.
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.
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