Fair Isaac Co. (NYSE:FICO) Shares Purchased by Centiva Capital LP

Centiva Capital LP raised its position in Fair Isaac Co. (NYSE:FICO - Free Report) by 597.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,088 shares of the technology company's stock after purchasing an additional 932 shares during the quarter. Centiva Capital LP's holdings in Fair Isaac were worth $2,166,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Rakuten Securities Inc. boosted its position in Fair Isaac by 160.0% in the 4th quarter. Rakuten Securities Inc. now owns 13 shares of the technology company's stock valued at $26,000 after buying an additional 8 shares during the period. Pinnacle Holdings LLC purchased a new position in Fair Isaac in the fourth quarter valued at $26,000. Berbice Capital Management LLC acquired a new position in Fair Isaac during the 4th quarter worth $40,000. Avalon Trust Co purchased a new stake in Fair Isaac during the 4th quarter worth about $40,000. Finally, OFI Invest Asset Management acquired a new stake in Fair Isaac in the 4th quarter valued at about $42,000. 85.75% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of analysts recently weighed in on the stock. Jefferies Financial Group cut their target price on shares of 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. Bank of America began 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 objective on the stock. Needham & Company LLC reaffirmed a "buy" rating and set a $2,500.00 price objective on shares of Fair Isaac in a research report on Wednesday, April 30th. Royal Bank of Canada raised Fair Isaac from a "sector perform" rating to an "outperform" rating and increased their target price for the company from $2,040.00 to $2,170.00 in a report on Wednesday, February 26th. Finally, UBS Group cut their price target on 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. Three equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $2,268.54.

Insider Buying and Selling

In other Fair Isaac news, CEO William J. Lansing sold 4,092 shares of the stock in a transaction dated Tuesday, March 11th. The shares were sold at an average price of $1,727.69, for a total value of $7,069,707.48. Following the completion of the transaction, the chief executive officer now directly owns 42,138 shares of the company's stock, valued at approximately $72,801,401.22. This trade represents a 8.85 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Thomas A. Bowers sold 4,077 shares of the business's stock in a transaction that occurred on Friday, May 2nd. The stock was 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 directly owns 9,974 shares in the company, valued at $20,517,016.70. This trade represents a 29.02 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 17,135 shares of company stock valued at $31,505,623 over the last quarter. Company insiders own 3.46% of the company's stock.

Fair Isaac Trading Down 0.8 %

Shares of Fair Isaac stock traded down $16.75 during trading hours on Friday, hitting $2,089.01. 139,164 shares of the company were exchanged, compared to its average volume of 178,255. The business has a 50-day moving average of $1,879.31 and a 200-day moving average of $1,980.37. Fair Isaac Co. has a 1 year low of $1,266.72 and a 1 year high of $2,402.52. The stock has a market capitalization of $50.85 billion, a price-to-earnings ratio of 95.87, a P/E/G ratio of 3.27 and a beta of 1.40.

Fair Isaac (NYSE:FICO - Get Free Report) last released 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. The company had revenue of $498.74 million during the quarter, compared to analysts' expectations of $500.45 million. Fair Isaac had a net margin of 30.66% and a negative return on equity of 53.40%. The business's revenue was up 15.0% on a year-over-year basis. During the same quarter last year, the business earned $6.14 EPS. As a group, research analysts anticipate that Fair Isaac Co. will post 24.15 earnings per share for the current fiscal year.

Fair Isaac Company 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.