Dimensional Fund Advisors LP Acquires 2,359 Shares of Fair Isaac Co. (NYSE:FICO)

Dimensional Fund Advisors LP raised its stake in Fair Isaac Co. (NYSE:FICO - Free Report) by 2.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 105,271 shares of the technology company's stock after purchasing an additional 2,359 shares during the period. Dimensional Fund Advisors LP owned 0.43% of Fair Isaac worth $209,612,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in FICO. Rakuten Securities Inc. increased its position in shares of Fair Isaac by 160.0% during the fourth quarter. Rakuten Securities Inc. now owns 13 shares of the technology company's stock worth $26,000 after acquiring an additional 8 shares in the last quarter. Pinnacle Holdings LLC bought a new stake in Fair Isaac during the 4th quarter worth approximately $26,000. Berbice Capital Management LLC bought a new stake in Fair Isaac during the 4th quarter worth approximately $40,000. Avalon Trust Co purchased a new stake in shares of Fair Isaac in the fourth quarter worth approximately $40,000. Finally, OFI Invest Asset Management bought a new position in shares of Fair Isaac in the fourth quarter valued at approximately $42,000. Institutional investors and hedge funds own 85.75% of the company's stock.

Fair Isaac Price Performance

Shares of NYSE FICO traded down $23.27 during trading on Monday, reaching $1,929.04. 34,444 shares of the stock traded hands, compared to its average volume of 178,387. The company has a 50-day moving average of $1,832.51 and a 200-day moving average of $1,979.12. Fair Isaac Co. has a 52-week low of $1,112.65 and a 52-week high of $2,402.52. The stock has a market capitalization of $47.10 billion, a P/E ratio of 88.77, a price-to-earnings-growth ratio of 3.27 and a beta of 1.37.

Fair Isaac (NYSE:FICO - Get Free Report) last issued its earnings results on Tuesday, February 4th. The technology company reported $4.15 earnings per share for the quarter, missing analysts' consensus estimates of $6.21 by ($2.06). Fair Isaac had a negative return on equity of 53.40% and a net margin of 30.66%. Analysts expect that Fair Isaac Co. will post 24.15 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts recently commented on FICO shares. Jefferies Financial Group lowered their price target on Fair Isaac from $2,275.00 to $2,175.00 and set a "buy" rating for the company in a research report on Wednesday, February 5th. UBS Group dropped their price target on shares of Fair Isaac from $2,250.00 to $2,100.00 and set a "neutral" rating on the stock in a research report on Monday, January 27th. Needham & Company LLC reaffirmed a "buy" rating and issued a $2,500.00 price objective on shares of Fair Isaac in a research report on Friday, April 11th. Oppenheimer dropped their target price on shares of 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. Finally, Barclays reduced their target price on 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. Three equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $2,276.25.

Insider Buying and Selling at Fair Isaac

In other news, CEO William J. Lansing sold 6,010 shares of the company's stock in a transaction dated Tuesday, February 11th. The stock was sold at an average price of $1,804.23, for a total transaction of $10,843,422.30. Following the sale, the chief executive officer now directly owns 42,138 shares in the company, valued at $76,026,643.74. This represents a 12.48 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Insiders have sold 13,058 shares of company stock valued at $23,119,030 in the last 90 days. 3.46% of the stock is currently owned by company insiders.

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.