Fair Isaac Co. (NYSE:FICO) Holdings Lifted by Motley Fool Asset Management LLC

Motley Fool Asset Management LLC boosted its position in shares of Fair Isaac Co. (NYSE:FICO) by 333.3% in the 1st quarter, HoldingsChannel reports. The institutional investor owned 2,080 shares of the technology company’s stock after buying an additional 1,600 shares during the period. Motley Fool Asset Management LLC’s holdings in Fair Isaac were worth $2,599,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of FICO. Cornercap Investment Counsel Inc. acquired a new position in shares of Fair Isaac in the 4th quarter valued at about $249,000. Patton Fund Management Inc. raised its stake in Fair Isaac by 88.1% during the fourth quarter. Patton Fund Management Inc. now owns 4,620 shares of the technology company’s stock worth $5,378,000 after acquiring an additional 2,164 shares in the last quarter. Commerce Bank raised its stake in Fair Isaac by 704.8% during the first quarter. Commerce Bank now owns 6,084 shares of the technology company’s stock worth $7,603,000 after acquiring an additional 5,328 shares in the last quarter. Seven Eight Capital LP raised its stake in Fair Isaac by 140.0% during the fourth quarter. Seven Eight Capital LP now owns 1,440 shares of the technology company’s stock worth $1,676,000 after acquiring an additional 840 shares in the last quarter. Finally, BNP Paribas Financial Markets raised its stake in Fair Isaac by 44.5% during the first quarter. BNP Paribas Financial Markets now owns 29,516 shares of the technology company’s stock worth $36,883,000 after acquiring an additional 9,094 shares in the last quarter. Institutional investors own 85.75% of the company’s stock.

Fair Isaac Stock Performance

FICO traded down $11.97 during midday trading on Wednesday, reaching $1,602.80. 198,005 shares of the company were exchanged, compared to its average volume of 181,127. Fair Isaac Co. has a one year low of $810.26 and a one year high of $1,627.11. The stock has a market capitalization of $39.61 billion, a P/E ratio of 84.68, a PEG ratio of 4.28 and a beta of 1.34. The stock’s 50-day simple moving average is $1,416.08 and its 200 day simple moving average is $1,296.38.

Fair Isaac (NYSE:FICO) last released its quarterly earnings results on Thursday, April 25th. The technology company reported $5.09 EPS for the quarter, topping analysts’ consensus estimates of $4.89 by $0.20. The company 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%. On average, research analysts anticipate that Fair Isaac Co. will post 19.75 earnings per share for the current year.

Insider Activity at Fair Isaac

In related news, Director Joanna Rees sold 1,000 shares of Fair Isaac stock in a transaction that occurred on Thursday, May 9th. The stock was sold at an average price of $1,255.00, for a total value of $1,255,000.00. Following the sale, the director now owns 21,118 shares of the company’s stock, valued at approximately $26,503,090. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. In other news, Director Joanna Rees sold 1,000 shares of Fair Isaac stock in a transaction that occurred on Thursday, May 9th. The stock was sold at an average price of $1,255.00, for a total transaction of $1,255,000.00. Following the completion of the transaction, the director now directly owns 21,118 shares in the company, valued at approximately $26,503,090. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Richard Deal sold 13,591 shares of Fair Isaac stock in a transaction that occurred on Wednesday, June 12th. The stock was sold at an average price of $1,374.30, for a total value of $18,678,111.30. Following the transaction, the executive vice president now owns 49,314 shares of the company’s stock, valued at $67,772,230.20. 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 insiders.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on FICO. Redburn Atlantic began coverage on Fair Isaac in a research note on Tuesday, April 16th. They issued a “neutral” rating and a $1,113.00 target price for the company. Needham & Company LLC restated a “buy” rating and issued a $1,500.00 target price on shares of Fair Isaac in a research note on Tuesday, June 11th. Raymond James raised their target price on Fair Isaac from $1,413.00 to $1,418.00 and gave the company an “outperform” rating in a research note on Friday, April 26th. Finally, Wolfe Research began coverage on Fair Isaac in a report on Tuesday, July 9th. They issued an “outperform” rating and a $1,725.00 price target on the stock. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and seven have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $1,319.40.

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.