Bridgeway Capital Management LLC Invests $2.51 Million in Fair Isaac Co. (NYSE:FICO)

Bridgeway Capital Management LLC acquired a new stake in Fair Isaac Co. (NYSE:FICO - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 1,260 shares of the technology company's stock, valued at approximately $2,509,000.

A number of other institutional investors also recently bought and sold shares of the business. Mechanics Bank Trust Department boosted its holdings in shares of Fair Isaac by 5.7% in the fourth quarter. Mechanics Bank Trust Department now owns 112 shares of the technology company's stock valued at $223,000 after acquiring an additional 6 shares in the last quarter. Alpha Cubed Investments LLC grew its holdings in Fair Isaac by 1.3% during the fourth quarter. Alpha Cubed Investments LLC now owns 473 shares of the technology company's stock worth $942,000 after acquiring an additional 6 shares during the period. Resonant Capital Advisors LLC raised its position in Fair Isaac by 2.0% in the fourth quarter. Resonant Capital Advisors LLC now owns 306 shares of the technology company's stock worth $609,000 after acquiring an additional 6 shares in the last quarter. Mather Group LLC. raised its position in Fair Isaac by 5.2% in the fourth quarter. Mather Group LLC. now owns 122 shares of the technology company's stock worth $243,000 after acquiring an additional 6 shares in the last quarter. Finally, D.A. Davidson & CO. lifted its holdings in Fair Isaac by 1.0% in the fourth quarter. D.A. Davidson & CO. now owns 621 shares of the technology company's stock valued at $1,236,000 after acquiring an additional 6 shares during the period. 85.75% of the stock is currently owned by institutional investors and hedge funds.

Fair Isaac Price Performance

NYSE:FICO traded up $43.90 on Monday, reaching $2,132.12. The stock had a trading volume of 182,027 shares, compared to its average volume of 177,237. Fair Isaac Co. has a 12-month low of $1,266.72 and a 12-month high of $2,402.52. The firm's fifty day moving average is $1,884.47 and its two-hundred day moving average is $1,981.07. The company has a market cap of $51.90 billion, a price-to-earnings ratio of 97.85, a P/E/G ratio of 3.27 and a beta of 1.40.

Fair Isaac (NYSE:FICO - Get Free Report) last posted its quarterly earnings data on Tuesday, April 29th. The technology company reported $7.81 EPS for the quarter, beating analysts' consensus estimates of $7.33 by $0.48. The company had revenue of $498.74 million during the quarter, compared to the consensus estimate of $500.45 million. Fair Isaac had a net margin of 30.66% and a negative return on equity of 53.40%. The company's quarterly revenue was up 15.0% compared to the same quarter last year. During the same quarter in the prior year, the company posted $6.14 EPS. As a group, research analysts forecast that Fair Isaac Co. will post 24.15 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

FICO has been the subject of a number of research analyst reports. Royal Bank of Canada upgraded shares of Fair Isaac from a "sector perform" rating to an "outperform" rating and increased their price target for the company from $2,040.00 to $2,170.00 in a report on Wednesday, February 26th. Oppenheimer increased their target price on shares of Fair Isaac from $2,116.00 to $2,293.00 and gave the company an "outperform" rating in a report on Thursday. Barclays decreased their price target on Fair Isaac from $2,350.00 to $2,250.00 and set an "overweight" rating on the stock in a research note on Friday, April 4th. Raymond James upped their price target on Fair Isaac from $2,030.00 to $2,230.00 and gave the stock an "outperform" rating in a report on Wednesday, April 30th. Finally, Wells Fargo & Company reduced their price objective 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. Three investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. According to MarketBeat.com, Fair Isaac currently has an average rating of "Moderate Buy" and a consensus price target of $2,274.31.

Insider Buying and Selling at Fair Isaac

In other news, CEO William J. Lansing sold 4,092 shares of the 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 sale, the chief executive officer now owns 42,138 shares in the company, valued at approximately $72,801,401.22. This trade represents a 8.85% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Thomas A. Bowers sold 4,077 shares of the firm's stock in a transaction dated Friday, May 2nd. The shares were sold at an average price of $2,057.05, for a total value of $8,386,592.85. Following the sale, the executive vice president now owns 9,974 shares in the company, valued at approximately $20,517,016.70. The trade was a 29.02% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 17,135 shares of company stock valued at $31,505,623. Company insiders own 3.46% of the company's stock.

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.