Capital International Investors Has $226.69 Million Stock Position in Fair Isaac Co. (NYSE:FICO)

Capital International Investors raised its position in Fair Isaac Co. (NYSE:FICO) by 4.5% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 181,406 shares of the technology company’s stock after acquiring an additional 7,884 shares during the period. Capital International Investors owned about 0.73% of Fair Isaac worth $226,687,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. EntryPoint Capital LLC acquired a new position in Fair Isaac in the 1st quarter valued at approximately $25,000. Advisors Asset Management Inc. acquired a new position in shares of Fair Isaac in the 1st quarter worth approximately $26,000. OFI Invest Asset Management acquired a new position in shares of Fair Isaac in the 1st quarter worth approximately $31,000. McGlone Suttner Wealth Management Inc. acquired a new position in shares of Fair Isaac in the 4th quarter worth approximately $35,000. Finally, DSM Capital Partners LLC acquired a new position in shares of Fair Isaac in the 4th quarter worth approximately $37,000. Institutional investors and hedge funds own 85.75% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on FICO. Wolfe Research began coverage on Fair Isaac in a report on Tuesday, July 9th. They issued an “outperform” rating and a $1,725.00 target price for the company. Needham & Company LLC restated a “buy” rating and set a $1,500.00 price target on shares of Fair Isaac in a research report on Tuesday, June 11th. Raymond James increased their price target on Fair Isaac from $1,413.00 to $1,418.00 and gave the stock an “outperform” rating in a research report on Friday, April 26th. Finally, Redburn Atlantic started coverage on Fair Isaac in a research report on Tuesday, April 16th. 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 seven have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Fair Isaac presently has an average rating of “Moderate Buy” and a consensus target price of $1,319.40.

Fair Isaac Trading Up 1.8 %

Shares of NYSE:FICO traded up $29.01 during midday trading on Friday, hitting $1,605.94. The company had a trading volume of 131,700 shares, compared to its average volume of 166,383. Fair Isaac Co. has a 12 month low of $810.26 and a 12 month high of $1,658.03. The stock has a market cap of $39.68 billion, a price-to-earnings ratio of 84.30, a PEG ratio of 4.25 and a beta of 1.34. The firm has a fifty day simple moving average of $1,456.92 and a 200 day simple moving average of $1,319.86.

Fair Isaac (NYSE:FICO) last posted its quarterly earnings results on Thursday, April 25th. The technology company reported $5.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.89 by $0.20. The business had revenue of $433.81 million for the quarter, compared to analyst estimates of $425.94 million. Fair Isaac had a negative return on equity of 62.28% and a net margin of 29.99%. Equities analysts forecast that Fair Isaac Co. will post 19.73 EPS for the current fiscal year.

Insider Buying and Selling

In related news, EVP Mark R. Scadina sold 423 shares of the firm’s stock in a transaction on Thursday, May 23rd. The stock was sold at an average price of $1,372.12, for a total transaction of $580,406.76. Following the sale, the executive vice president now owns 32,229 shares of the company’s stock, valued at approximately $44,222,055.48. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In other Fair Isaac news, EVP Mark R. Scadina sold 423 shares of Fair Isaac stock in a transaction dated Thursday, May 23rd. The stock was sold at an average price of $1,372.12, for a total value of $580,406.76. Following the sale, the executive vice president now owns 32,229 shares of the company’s stock, valued at approximately $44,222,055.48. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Joanna Rees sold 1,000 shares of Fair Isaac stock in a transaction dated Thursday, May 9th. The shares were sold at an average price of $1,255.00, for a total value of $1,255,000.00. Following the completion of the sale, the director now directly owns 21,118 shares in the company, valued at approximately $26,503,090. The disclosure for this sale can be found here. In the last quarter, insiders have sold 16,014 shares of company stock valued at $21,888,518. 3.54% of the stock is owned by company insiders.

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.