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

Quantinno Capital Management LP boosted its stake in Fair Isaac Co. (NYSE:FICO - Free Report) by 10.9% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 3,422 shares of the technology company's stock after acquiring an additional 337 shares during the period. Quantinno Capital Management LP's holdings in Fair Isaac were worth $6,813,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in FICO. Barclays PLC increased its position in Fair Isaac by 24.8% during the 3rd quarter. Barclays PLC now owns 60,521 shares of the technology company's stock worth $117,624,000 after purchasing an additional 12,038 shares during the period. JPMorgan Chase & Co. increased its position in Fair Isaac by 1.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 673,242 shares of the technology company's stock worth $1,308,460,000 after purchasing an additional 7,466 shares during the period. Brookstone Capital Management acquired a new position in Fair Isaac during the 4th quarter worth approximately $206,000. Fifth Third Wealth Advisors LLC boosted its stake in shares of Fair Isaac by 15.5% during the 4th quarter. Fifth Third Wealth Advisors LLC now owns 290 shares of the technology company's stock worth $577,000 after acquiring an additional 39 shares in the last quarter. Finally, Assenagon Asset Management S.A. boosted its stake in shares of Fair Isaac by 650.9% during the 4th quarter. Assenagon Asset Management S.A. now owns 18,810 shares of the technology company's stock worth $37,449,000 after acquiring an additional 16,305 shares in the last quarter. Institutional investors and hedge funds own 85.75% of the company's stock.

Analysts Set New Price Targets

Several equities research analysts have recently commented on the company. Jefferies Financial Group reissued a "buy" rating and set a $2,500.00 price target (up previously from $2,225.00) on shares of Fair Isaac in a research note on Wednesday. Bank of America assumed coverage on Fair Isaac in a research note on Thursday, April 10th. They set a "buy" rating and a $2,800.00 price target on the stock. 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. Oppenheimer boosted their price target on Fair Isaac from $2,116.00 to $2,293.00 and gave the stock an "outperform" rating in a research note on Thursday, May 8th. Finally, Needham & Company LLC boosted their price target on Fair Isaac from $2,500.00 to $2,575.00 and gave the stock a "buy" rating in a research note on Monday, May 12th. Three research analysts have rated the stock with a hold rating and ten have given a buy rating to the company. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $2,299.31.

Fair Isaac Stock Performance

FICO stock opened at $2,199.97 on Friday. Fair Isaac Co. has a 1 year low of $1,266.72 and a 1 year high of $2,402.52. The firm has a market cap of $53.55 billion, a P/E ratio of 100.96, a PEG ratio of 3.27 and a beta of 1.40. The stock's 50 day moving average price is $1,915.89 and its 200 day moving average price is $1,985.66.

Fair Isaac (NYSE:FICO - Get Free Report) last issued its quarterly earnings results on Tuesday, April 29th. The technology company reported $7.81 earnings per share for the quarter, topping analysts' consensus estimates 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 company had revenue of $498.74 million for the quarter, compared to analyst estimates of $500.45 million. During the same quarter in the prior year, the company posted $6.14 EPS. The business's revenue for the quarter was up 15.0% compared to the same quarter last year. On average, research analysts predict that Fair Isaac Co. will post 24.15 earnings per share for the current year.

Insiders Place Their Bets

In other news, CEO William J. Lansing sold 4,092 shares of the company's stock in a transaction on Tuesday, March 11th. The stock was sold at an average price of $1,727.69, for a total transaction of $7,069,707.48. Following the completion of the sale, the chief executive officer now directly owns 42,138 shares in the company, valued at $72,801,401.22. This represents a 8.85% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, EVP Thomas A. Bowers sold 4,077 shares of the company's stock in a transaction 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 owns 9,974 shares of the company's stock, 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. Insiders have sold a total of 17,933 shares of company stock valued at $35,250,629 in the last quarter. 3.46% of the stock is currently owned by company insiders.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.