Fair Isaac Co. (NYSE:FICO) Position Increased by Trexquant Investment LP

Trexquant Investment LP lifted its holdings in Fair Isaac Co. (NYSE:FICO) by 1,745.0% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 6,476 shares of the technology company’s stock after buying an additional 6,125 shares during the quarter. Trexquant Investment LP’s holdings in Fair Isaac were worth $12,893,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also modified their holdings of the company. Rakuten Securities Inc. lifted its holdings in Fair Isaac by 160.0% in the fourth quarter. Rakuten Securities Inc. now owns 13 shares of the technology company’s stock worth $26,000 after acquiring an additional 8 shares during the last quarter. Berbice Capital Management LLC acquired a new position in Fair Isaac during the 4th quarter valued at approximately $40,000. Avalon Trust Co acquired a new position in Fair Isaac during the 4th quarter valued at approximately $40,000. OFI Invest Asset Management bought a new position in Fair Isaac during the 4th quarter worth $42,000. Finally, Versant Capital Management Inc lifted its stake in Fair Isaac by 500.0% in the fourth quarter. Versant Capital Management Inc now owns 24 shares of the technology company’s stock valued at $48,000 after buying an additional 20 shares during the last quarter. 85.75% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, CFO Steven P. Weber sold 139 shares of the stock in a transaction 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 transaction, the chief financial officer now owns 2,478 shares in the company, valued at $4,867,832.76. This trade represents a 5.31 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO William J. Lansing sold 4,092 shares of Fair Isaac stock in a transaction dated Tuesday, March 11th. The stock was sold at an average price of $1,727.69, for a total value of $7,069,707.48. Following the completion of the transaction, the chief executive officer now directly owns 42,138 shares in the company, valued at $72,801,401.22. This represents a 8.85 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 10,241 shares of company stock worth $18,186,184. Corporate insiders own 3.46% of the company’s stock.

Fair Isaac Stock Performance

FICO opened at $1,866.59 on Wednesday. The stock’s fifty day moving average is $1,826.95 and its 200-day moving average is $1,991.73. Fair Isaac Co. has a one year low of $1,105.65 and a one year high of $2,402.52. The company has a market capitalization of $45.58 billion, a PE ratio of 85.66, 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 research analysts forecast that Fair Isaac Co. will post 24.15 EPS for the current fiscal year.

Analysts Set New Price Targets

FICO has been the subject of several recent research reports. Jefferies Financial Group lowered 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. Needham & Company LLC restated a “buy” rating and issued a $2,500.00 price target on shares of Fair Isaac in a research note on Wednesday, February 5th. Robert W. Baird cut their price target on Fair Isaac from $1,975.00 to $1,775.00 and set a “neutral” rating on the stock in a report on Wednesday, February 5th. Royal Bank of Canada raised Fair Isaac from a “sector perform” rating to an “outperform” rating and increased their price objective for the stock from $2,040.00 to $2,170.00 in a report on Wednesday, February 26th. Finally, Wells Fargo & Company cut their target price on Fair Isaac from $2,650.00 to $2,600.00 and set an “overweight” rating on the stock in a research note on Wednesday, February 5th. Four analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus 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.