Commerzbank Aktiengesellschaft FI acquired a new position in shares of Fair Isaac Co. (NYSE:FICO – Free Report) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 119 shares of the technology company’s stock, valued at approximately $240,000.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Charles Schwab Investment Management Inc. increased its position in Fair Isaac by 1.4% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 165,777 shares of the technology company’s stock worth $330,050,000 after purchasing an additional 2,227 shares in the last quarter. Meridian Wealth Management LLC grew its holdings in Fair Isaac by 88.4% in the 4th quarter. Meridian Wealth Management LLC now owns 537 shares of the technology company’s stock valued at $1,069,000 after buying an additional 252 shares during the period. Fidelis Capital Partners LLC grew its holdings in Fair Isaac by 29.5% in the 4th quarter. Fidelis Capital Partners LLC now owns 1,005 shares of the technology company’s stock valued at $1,837,000 after buying an additional 229 shares during the period. Silphium Asset Management Ltd purchased a new stake in Fair Isaac in the 4th quarter valued at about $2,449,000. Finally, Bellecapital International Ltd. purchased a new stake in Fair Isaac in the 4th quarter valued at about $223,000. Hedge funds and other institutional investors own 85.75% of the company’s stock.
Insider Buying and Selling
In other Fair Isaac news, CFO Steven P. Weber sold 139 shares of the company’s stock in a transaction that occurred 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 transaction, the chief financial officer now directly owns 2,478 shares of the company’s stock, valued at $4,867,832.76. This represents a 5.31 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO William J. Lansing sold 6,010 shares of the company’s stock in a transaction that occurred on Tuesday, February 11th. The shares were 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 in the company, valued at approximately $76,026,643.74. The trade was a 12.48 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 9,670 shares of company stock valued at $18,823,773. Corporate insiders own 3.46% of the company’s stock.
Analysts Set New Price Targets
Check Out Our Latest Research Report on Fair Isaac
Fair Isaac Stock Performance
Fair Isaac stock opened at $1,874.14 on Thursday. The stock’s 50 day moving average price is $1,883.11 and its 200 day moving average price is $1,981.04. The firm has a market capitalization of $45.76 billion, a PE ratio of 86.01, a price-to-earnings-growth ratio of 3.27 and a beta of 1.39. Fair Isaac Co. has a one year low of $1,105.65 and a one year high of $2,402.52.
Fair Isaac (NYSE:FICO – Get Free Report) 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 negative return on equity of 53.40% and a net margin of 30.66%. On average, analysts forecast that Fair Isaac Co. will post 24.15 earnings per share for the current fiscal year.
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.
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