Nomura Asset Management Co. Ltd. Has $28.48 Million Stock Holdings in Fair Isaac Co. (NYSE:FICO)

Nomura Asset Management Co. Ltd. trimmed its position in Fair Isaac Co. (NYSE:FICO) by 6.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 14,306 shares of the technology company’s stock after selling 966 shares during the quarter. Nomura Asset Management Co. Ltd.’s holdings in Fair Isaac were worth $28,482,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. First National Bank of Omaha bought a new position in shares of Fair Isaac in the 3rd quarter worth $1,576,000. National Bank of Canada FI boosted its holdings in Fair Isaac by 51.9% during the third quarter. National Bank of Canada FI now owns 19,817 shares of the technology company’s stock worth $38,514,000 after buying an additional 6,768 shares during the last quarter. Donoghue Forlines LLC acquired a new position in shares of Fair Isaac during the 4th quarter worth about $1,935,000. Czech National Bank increased its stake in shares of Fair Isaac by 5.7% in the 4th quarter. Czech National Bank now owns 5,280 shares of the technology company’s stock valued at $10,512,000 after acquiring an additional 286 shares during the last quarter. Finally, FMR LLC raised its position in shares of Fair Isaac by 46.1% in the 3rd quarter. FMR LLC now owns 207,026 shares of the technology company’s stock valued at $402,358,000 after acquiring an additional 65,297 shares during the period. 85.75% of the stock is owned by institutional investors.

Insider Activity at Fair Isaac

In other news, CFO Steven P. Weber sold 139 shares of the stock in a transaction that occurred on Thursday, January 9th. The stock was sold at an average price of $1,964.42, for a total value of $273,054.38. Following the completion of the sale, the chief financial officer now owns 2,478 shares of the company’s stock, valued at approximately $4,867,832.76. This represents a 5.31 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO William J. Lansing sold 4,092 shares of the firm’s stock in a transaction on Tuesday, March 11th. The shares were sold at an average price of $1,727.69, for a total transaction of $7,069,707.48. Following the completion of the transaction, the chief executive officer now directly owns 42,138 shares of the company’s stock, valued at $72,801,401.22. This represents a 8.85 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 10,241 shares of company stock valued at $18,186,184. Insiders own 3.46% of the company’s stock.

Fair Isaac Stock Down 2.0 %

Shares of FICO stock opened at $1,834.32 on Friday. Fair Isaac Co. has a 12 month low of $1,105.65 and a 12 month high of $2,402.52. The company’s fifty day simple moving average is $1,828.54 and its 200-day simple moving average is $1,990.76. The firm has a market cap of $44.79 billion, a PE ratio of 84.18, a P/E/G ratio of 3.27 and a beta of 1.41.

Fair Isaac (NYSE:FICO) last issued 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 negative return on equity of 53.40% and a net margin of 30.66%. On average, equities analysts predict that Fair Isaac Co. will post 24.15 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of brokerages recently issued reports on FICO. Robert W. Baird decreased their price objective on shares of Fair Isaac from $1,975.00 to $1,775.00 and set a “neutral” rating for the company in a report on Wednesday, February 5th. Jefferies Financial Group lowered their price objective 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 Fair Isaac from a “sector perform” rating to an “outperform” rating and boosted their target price for the company from $2,040.00 to $2,170.00 in a research note on Wednesday, February 26th. Oppenheimer dropped their price target on Fair Isaac from $2,515.00 to $2,409.00 and set an “outperform” rating on the stock in a research report on Tuesday, January 7th. Finally, Wells Fargo & Company decreased their price objective 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. Four analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. According to data from MarketBeat, Fair Isaac has an average rating of “Moderate Buy” and a consensus price target of $2,088.15.

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.