Vanguard Group Inc. Has $5.78 Billion Position in Fair Isaac Co. (NYSE:FICO)

Vanguard Group Inc. grew its stake in shares of Fair Isaac Co. (NYSE:FICO) by 0.8% in the fourth quarter, Holdings Channel reports. The institutional investor owned 2,903,694 shares of the technology company’s stock after purchasing an additional 22,178 shares during the period. Vanguard Group Inc. owned 0.12% of Fair Isaac worth $5,781,051,000 as of its most recent filing with the SEC.

A number of other large investors have also made changes to their positions in the stock. Stevens Capital Management LP acquired a new position in shares of Fair Isaac during the fourth quarter valued at about $683,000. Blueprint Investment Partners LLC acquired a new position in shares of Fair Isaac during the fourth quarter valued at about $205,000. Fortis Capital Management LLC raised its position in shares of Fair Isaac by 16.5% during the fourth quarter. Fortis Capital Management LLC now owns 2,935 shares of the technology company’s stock valued at $5,843,000 after buying an additional 416 shares during the last quarter. Fox Run Management L.L.C. acquired a new position in shares of Fair Isaac during the fourth quarter valued at about $902,000. Finally, KLP Kapitalforvaltning AS acquired a new position in Fair Isaac in the fourth quarter worth about $27,136,000. Institutional investors and hedge funds own 85.75% of the company’s stock.

Fair Isaac Price Performance

FICO opened at $1,857.48 on Monday. Fair Isaac Co. has a one year low of $1,105.65 and a one year high of $2,402.52. The company’s 50 day simple moving average is $1,835.24 and its 200-day simple moving average is $1,988.23. The stock has a market capitalization of $45.36 billion, a P/E ratio of 85.24, a price-to-earnings-growth ratio of 3.27 and a beta of 1.41.

Fair Isaac (NYSE:FICO) last released its quarterly earnings results on Tuesday, February 4th. The technology company reported $4.15 EPS for the quarter, missing the consensus estimate 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, analysts anticipate that Fair Isaac Co. will post 24.15 EPS for the current year.

Insider Activity

In other news, CEO William J. Lansing sold 6,010 shares of the 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 directly owns 42,138 shares of the company’s stock, valued at $76,026,643.74. This represents a 12.48 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Steven P. Weber sold 139 shares of the 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 transaction of $273,054.38. Following the sale, the chief financial officer now directly owns 2,478 shares in the company, valued at $4,867,832.76. This trade represents a 5.31 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 10,241 shares of company stock valued at $18,186,184 over the last three months. 3.46% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on the stock. Wells Fargo & Company dropped their price target on shares of 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. Jefferies Financial Group dropped their price target on shares of Fair Isaac from $2,275.00 to $2,175.00 and set a “buy” rating for the company in a research report on Wednesday, February 5th. Royal Bank of Canada raised shares of Fair Isaac from a “sector perform” rating to an “outperform” rating and increased their price target for the stock from $2,040.00 to $2,170.00 in a research report on Wednesday, February 26th. 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. Finally, Oppenheimer dropped their price target on shares of Fair Isaac from $2,515.00 to $2,409.00 and set an “outperform” rating for the company in a research report on Tuesday, January 7th. Four analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. According to data from MarketBeat, Fair Isaac presently has a consensus rating of “Moderate Buy” and an average target price of $2,088.15.

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.