Fair Isaac Co. (NYSE:FICO) Shares Purchased by Fjarde AP Fonden Fourth Swedish National Pension Fund

Fjarde AP Fonden Fourth Swedish National Pension Fund increased its holdings in shares of Fair Isaac Co. (NYSE:FICO) by 22.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 5,950 shares of the technology company’s stock after buying an additional 1,100 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Fair Isaac were worth $11,846,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in the business. Capital Performance Advisors LLP purchased a new position in shares of Fair Isaac in the 3rd quarter valued at about $25,000. True Wealth Design LLC raised its holdings in Fair Isaac by 900.0% in the third quarter. True Wealth Design LLC now owns 20 shares of the technology company’s stock valued at $39,000 after acquiring an additional 18 shares in the last quarter. Berbice Capital Management LLC purchased a new position in Fair Isaac in the fourth quarter worth approximately $40,000. Meeder Asset Management Inc. lifted its stake in Fair Isaac by 37.5% in the third quarter. Meeder Asset Management Inc. now owns 22 shares of the technology company’s stock worth $43,000 after acquiring an additional 6 shares during the last quarter. Finally, Versant Capital Management Inc grew its holdings in Fair Isaac by 500.0% during the 4th quarter. Versant Capital Management Inc now owns 24 shares of the technology company’s stock worth $48,000 after acquiring an additional 20 shares in the last quarter. 85.75% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on the stock. Barclays raised their price objective on shares of Fair Isaac from $2,150.00 to $2,350.00 and gave the company an “overweight” rating in a report on Thursday, November 7th. Royal Bank of Canada restated a “sector perform” rating and issued a $2,040.00 price target on shares of Fair Isaac in a research note on Thursday, November 7th. Jefferies Financial Group lowered their price objective on 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. JPMorgan Chase & Co. initiated coverage on Fair Isaac in a research report on Friday, December 20th. They set a “neutral” rating and a $2,150.00 target price on the stock. Finally, Robert W. Baird lowered their price target on 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. Five equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $2,078.15.

Insider Transactions at Fair Isaac

In other news, EVP James M. Wehmann sold 3,500 shares of the company’s stock in a transaction that occurred on Thursday, December 5th. The stock was sold at an average price of $2,373.85, for a total transaction of $8,308,475.00. Following the completion of the sale, the executive vice president now owns 45,395 shares in the company, valued at $107,760,920.75. This represents a 7.16 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Steven P. Weber sold 139 shares of Fair Isaac stock in a transaction on Thursday, January 9th. The shares were sold at an average price of $1,964.42, for a total transaction of $273,054.38. Following the completion of the transaction, the chief financial officer now owns 2,478 shares in the company, valued at approximately $4,867,832.76. This trade represents a 5.31 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 13,170 shares of company stock worth $27,132,248. Company insiders own 3.46% of the company’s stock.

Fair Isaac Trading Down 1.7 %

Shares of NYSE FICO opened at $1,697.04 on Monday. The stock has a market cap of $41.44 billion, a P/E ratio of 77.88, a P/E/G ratio of 3.27 and a beta of 1.39. The stock has a 50 day moving average of $1,919.33 and a two-hundred day moving average of $1,976.72. Fair Isaac Co. has a twelve month low of $1,105.65 and a twelve month high of $2,402.51.

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

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.