Fair Isaac Co. (NYSE:FICO) Shares Bought by Livforsakringsbolaget Skandia Omsesidigt

Livforsakringsbolaget Skandia Omsesidigt boosted its stake in shares of Fair Isaac Co. (NYSE:FICO) by 76.5% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 60 shares of the technology company’s stock after buying an additional 26 shares during the period. Livforsakringsbolaget Skandia Omsesidigt’s holdings in Fair Isaac were worth $70,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of FICO. International Assets Investment Management LLC lifted its stake in shares of Fair Isaac by 112,366.2% in the 4th quarter. International Assets Investment Management LLC now owns 399,255 shares of the technology company’s stock valued at $464,737,000 after purchasing an additional 398,900 shares during the last quarter. Geode Capital Management LLC lifted its stake in Fair Isaac by 48.9% during the 1st quarter. Geode Capital Management LLC now owns 577,240 shares of the technology company’s stock worth $405,140,000 after acquiring an additional 189,562 shares in the last quarter. State Street Corp lifted its stake in Fair Isaac by 20.3% during the 1st quarter. State Street Corp now owns 996,863 shares of the technology company’s stock worth $700,484,000 after acquiring an additional 168,468 shares in the last quarter. Norges Bank acquired a new position in Fair Isaac during the 4th quarter worth about $100,563,000. Finally, American Century Companies Inc. lifted its stake in Fair Isaac by 39.6% during the 3rd quarter. American Century Companies Inc. now owns 366,865 shares of the technology company’s stock worth $318,633,000 after acquiring an additional 104,161 shares in the last quarter. Institutional investors and hedge funds own 85.75% of the company’s stock.

Fair Isaac Price Performance

FICO opened at $1,130.06 on Friday. The business has a 50 day simple moving average of $1,250.01 and a 200-day simple moving average of $1,138.67. The stock has a market capitalization of $28.08 billion, a P/E ratio of 63.17, a P/E/G ratio of 2.57 and a beta of 1.21. Fair Isaac Co. has a 12 month low of $692.87 and a 12 month high of $1,349.75.

Fair Isaac (NYSE:FICO) last released its quarterly earnings data on Thursday, January 25th. The technology company reported $3.87 earnings per share for the quarter, beating the consensus estimate of $3.76 by $0.11. Fair Isaac had a negative return on equity of 57.80% and a net margin of 29.20%. The firm had revenue of $382.06 million during the quarter, compared to the consensus estimate of $386.55 million. Research analysts anticipate that Fair Isaac Co. will post 19.95 EPS for the current year.

Analysts Set New Price Targets

FICO has been the topic of several recent research reports. Royal Bank of Canada restated a “sector perform” rating and set a $1,350.00 price target on shares of Fair Isaac in a report on Friday, January 26th. Jefferies Financial Group upped their price target on Fair Isaac from $1,210.00 to $1,450.00 and gave the stock a “buy” rating in a report on Wednesday, January 17th. Raymond James upped their price target on Fair Isaac from $1,214.00 to $1,400.00 and gave the stock an “outperform” rating in a report on Friday, January 26th. Needham & Company LLC upped their price target on Fair Isaac from $1,100.00 to $1,500.00 and gave the stock a “buy” rating in a report on Friday, January 26th. Finally, Redburn Atlantic initiated coverage on Fair Isaac in a report on Tuesday. They set a “neutral” rating and a $1,113.00 price target on the stock. One research analyst has rated the stock with a sell rating, three have given a hold rating and six have issued a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $1,180.45.

Insider Activity at Fair Isaac

In other Fair Isaac news, CEO William J. Lansing sold 8,000 shares of the firm’s stock in a transaction on Tuesday, March 19th. The stock was sold at an average price of $1,225.93, for a total transaction of $9,807,440.00. Following the completion of the transaction, the chief executive officer now owns 20,638 shares of the company’s stock, valued at $25,300,743.34. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders sold 24,000 shares of company stock valued at $29,011,120 in the last ninety days. Corporate insiders own 3.54% of the company’s stock.

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.