Bridgewater Associates LP Has $205,000 Stake in Fair Isaac Co. (NYSE:FICO)

Bridgewater Associates LP lowered its holdings in Fair Isaac Co. (NYSE:FICO - Free Report) by 97.4% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 103 shares of the technology company's stock after selling 3,930 shares during the period. Bridgewater Associates LP's holdings in Fair Isaac were worth $205,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of FICO. Principal Financial Group Inc. raised its holdings in Fair Isaac by 0.5% during the third quarter. Principal Financial Group Inc. now owns 372,582 shares of the technology company's stock worth $724,122,000 after purchasing an additional 1,977 shares in the last quarter. Barclays PLC lifted its position in Fair Isaac by 24.8% in the third quarter. Barclays PLC now owns 60,521 shares of the technology company's stock valued at $117,624,000 after purchasing an additional 12,038 shares during the period. Morse Asset Management Inc boosted its stake in shares of Fair Isaac by 7.3% in the third quarter. Morse Asset Management Inc now owns 427 shares of the technology company's stock valued at $830,000 after buying an additional 29 shares in the last quarter. Anchor Investment Management LLC lifted its stake in shares of Fair Isaac by 204.0% in the third quarter. Anchor Investment Management LLC now owns 76 shares of the technology company's stock valued at $148,000 after purchasing an additional 51 shares during the period. Finally, World Investment Advisors LLC acquired a new stake in shares of Fair Isaac in the 3rd quarter worth approximately $290,000. 85.75% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several analysts have recently commented on FICO shares. Bank of America initiated coverage on shares of Fair Isaac in a research report on Thursday, April 10th. They issued a "buy" rating and a $2,800.00 price target on the stock. Oppenheimer cut their target price on Fair Isaac from $2,515.00 to $2,409.00 and set an "outperform" rating on the stock in a research report on Tuesday, January 7th. UBS Group cut their target price on shares of Fair Isaac from $2,250.00 to $2,100.00 and set a "neutral" rating on the stock in a research note on Monday, January 27th. Wells Fargo & Company decreased their price target on Fair Isaac from $2,650.00 to $2,600.00 and set an "overweight" rating for the company in a report on Wednesday, February 5th. Finally, Robert W. Baird reduced 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. Three equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $2,210.23.

Insiders Place Their Bets

In other news, CEO William J. Lansing sold 4,092 shares of the business's stock in a transaction on Tuesday, March 11th. The shares were sold at an average price of $1,727.69, for a total transaction of $7,069,707.48. Following the transaction, the chief executive officer now directly owns 42,138 shares in the company, valued at $72,801,401.22. The trade was a 8.85 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Insiders sold a total of 13,058 shares of company stock worth $23,119,030 over the last ninety days. 3.46% of the stock is currently owned by company insiders.

Fair Isaac Price Performance

Shares of FICO traded up $16.04 during midday trading on Friday, reaching $1,952.85. The stock had a trading volume of 182,409 shares, compared to its average volume of 179,977. The firm's 50 day moving average price is $1,832.51 and its 200-day moving average price is $1,979.44. The company has a market capitalization of $47.68 billion, a P/E ratio of 89.62, a P/E/G ratio of 3.27 and a beta of 1.37. Fair Isaac Co. has a 52 week low of $1,105.65 and a 52 week high of $2,402.52.

Fair Isaac (NYSE:FICO - Get Free Report) last released its 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%. On average, equities analysts forecast that Fair Isaac Co. will post 24.15 earnings per share for the current 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.