Fair Isaac Co. (NYSE:FICO) Shares Purchased by Keystone Investors PTE Ltd.

Keystone Investors PTE Ltd. boosted its position in shares of Fair Isaac Co. (NYSE:FICO) by 56.6% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 12,913 shares of the technology company’s stock after buying an additional 4,666 shares during the quarter. Fair Isaac makes up 1.8% of Keystone Investors PTE Ltd.’s holdings, making the stock its 18th biggest position. Keystone Investors PTE Ltd. owned about 0.05% of Fair Isaac worth $25,709,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its stake in shares of Fair Isaac by 0.8% in the 4th quarter. Vanguard Group Inc. now owns 2,903,694 shares of the technology company’s stock valued at $5,781,051,000 after purchasing an additional 22,178 shares in the last quarter. State Street Corp grew its holdings in Fair Isaac by 0.5% in the third quarter. State Street Corp now owns 1,045,165 shares of the technology company’s stock valued at $2,031,299,000 after purchasing an additional 5,472 shares during the period. JPMorgan Chase & Co. increased its position in shares of Fair Isaac by 1.1% in the third quarter. JPMorgan Chase & Co. now owns 673,242 shares of the technology company’s stock valued at $1,308,460,000 after buying an additional 7,466 shares in the last quarter. Geode Capital Management LLC raised its stake in shares of Fair Isaac by 1.0% during the 3rd quarter. Geode Capital Management LLC now owns 645,379 shares of the technology company’s stock worth $1,251,537,000 after buying an additional 6,510 shares during the period. Finally, Principal Financial Group Inc. lifted its position in shares of Fair Isaac by 0.5% during the 3rd quarter. Principal Financial Group Inc. now owns 372,582 shares of the technology company’s stock valued at $724,122,000 after buying an additional 1,977 shares in the last quarter. Hedge funds and other institutional investors own 85.75% of the company’s stock.

Fair Isaac Stock Performance

FICO opened at $1,900.76 on Tuesday. The stock has a market capitalization of $46.41 billion, a PE ratio of 87.23, a P/E/G ratio of 3.27 and a beta of 1.41. Fair Isaac Co. has a one year low of $1,105.65 and a one year high of $2,402.52. The business’s 50 day moving average price is $1,835.05 and its 200 day moving average price is $1,989.24.

Fair Isaac (NYSE:FICO) last released its quarterly earnings results on Tuesday, February 4th. The technology company reported $4.15 earnings per share for the quarter, missing analysts’ consensus estimates of $6.21 by ($2.06). Fair Isaac had a negative return on equity of 53.40% and a net margin of 30.66%. As a group, equities research analysts forecast that Fair Isaac Co. will post 24.15 earnings per share for the current fiscal year.

Insider Transactions at Fair Isaac

In other Fair Isaac news, CEO William J. Lansing sold 6,010 shares of Fair Isaac stock in a transaction dated Tuesday, February 11th. The stock was sold at an average price of $1,804.23, for a total value of $10,843,422.30. Following the completion of the transaction, the chief executive officer now directly owns 42,138 shares of the company’s stock, valued at $76,026,643.74. The trade was a 12.48 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO Steven P. Weber sold 139 shares of the stock in a transaction dated Thursday, January 9th. The stock was 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 represents a 5.31 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 10,241 shares of company stock worth $18,186,184. 3.46% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on FICO shares. Oppenheimer reduced their price objective 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. Robert W. Baird decreased their price target on shares of Fair Isaac from $1,975.00 to $1,775.00 and set a “neutral” rating on the stock in a research note on Wednesday, February 5th. Royal Bank of Canada upgraded Fair Isaac from a “sector perform” rating to an “outperform” rating and boosted their price objective for the stock from $2,040.00 to $2,170.00 in a research note on Wednesday, February 26th. Needham & Company LLC reaffirmed a “buy” rating and issued a $2,500.00 price target on shares of Fair Isaac in a research note on Wednesday, February 5th. Finally, UBS Group reduced their price objective 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. Four equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $2,088.15.

About Fair Isaac

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.