Caisse DE Depot ET Placement DU Quebec Has $43.42 Million Holdings in Fair Isaac Co. (NYSE:FICO)

Caisse DE Depot ET Placement DU Quebec raised its position in Fair Isaac Co. (NYSE:FICO - Free Report) by 590.8% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 21,808 shares of the technology company's stock after acquiring an additional 18,651 shares during the period. Caisse DE Depot ET Placement DU Quebec owned about 0.09% of Fair Isaac worth $43,418,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the company. Nebula Research & Development LLC acquired a new position in Fair Isaac in the fourth quarter worth about $2,540,000. Donoghue Forlines LLC bought a new position in shares of Fair Isaac in the fourth quarter worth about $1,935,000. Czech National Bank lifted its holdings in Fair Isaac by 5.7% during the 4th quarter. Czech National Bank now owns 5,280 shares of the technology company's stock worth $10,512,000 after buying an additional 286 shares in the last quarter. Barclays PLC increased its stake in shares of Fair Isaac by 24.8% in the 3rd quarter. Barclays PLC now owns 60,521 shares of the technology company's stock valued at $117,624,000 after buying an additional 12,038 shares during the period. Finally, Brighton Jones LLC raised its holdings in Fair Isaac by 168.7% during the 4th quarter. Brighton Jones LLC now owns 481 shares of the technology company's stock worth $958,000 after purchasing an additional 302 shares during the last quarter. 85.75% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

FICO has been the topic of a number of analyst reports. Wells Fargo & Company cut their price target on Fair Isaac from $2,650.00 to $2,600.00 and set an "overweight" rating on the stock in a research note on Wednesday, February 5th. Barclays reduced their price target on shares of Fair Isaac from $2,350.00 to $2,250.00 and set an "overweight" rating for the company in a report on Friday, April 4th. Oppenheimer reduced their price target on Fair Isaac from $2,515.00 to $2,409.00 and set an "outperform" rating for the company in a research report on Tuesday, January 7th. Needham & Company LLC reiterated a "buy" rating and set a $2,500.00 price objective on shares of Fair Isaac in a research note on Wednesday. Finally, Jefferies Financial Group dropped their price objective on Fair Isaac from $2,275.00 to $2,175.00 and set a "buy" rating on the stock in a research note on Wednesday, February 5th. Three research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company's stock. Based on data from MarketBeat.com, Fair Isaac currently has a consensus rating of "Moderate Buy" and a consensus target price of $2,277.46.

Insider Activity at Fair Isaac

In other news, CEO William J. Lansing sold 6,010 shares of the firm's stock in a transaction on Tuesday, February 11th. The shares were sold at an average price of $1,804.23, for a total transaction of $10,843,422.30. Following the completion of the transaction, the chief executive officer now owns 42,138 shares of the company's stock, valued at approximately $76,026,643.74. This trade represents a 12.48 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders have sold a total of 13,058 shares of company stock valued at $23,119,030 in the last 90 days. 3.46% of the stock is owned by corporate insiders.

Fair Isaac Price Performance

Fair Isaac stock opened at $2,050.09 on Friday. The stock's fifty day moving average price is $1,856.90 and its two-hundred day moving average price is $1,977.91. The firm has a market cap of $50.06 billion, a PE ratio of 94.08, a price-to-earnings-growth ratio of 3.27 and a beta of 1.37. Fair Isaac Co. has a one year low of $1,176.43 and a one year high of $2,402.52.

Fair Isaac (NYSE:FICO - Get Free Report) last issued its earnings results on Tuesday, April 29th. The technology company reported $7.81 EPS for the quarter, topping the consensus estimate of $7.33 by $0.48. Fair Isaac had a negative return on equity of 53.40% and a net margin of 30.66%. The firm had revenue of $498.74 million during the quarter, compared to the consensus estimate of $500.45 million. During the same quarter in the previous year, the firm earned $6.14 earnings per share. The business's quarterly revenue was up 15.0% on a year-over-year basis. Sell-side analysts expect that Fair Isaac Co. will post 24.15 earnings per share for the current fiscal 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.

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