Public Employees Retirement Association of Colorado Has $33.92 Million Holdings in Fair Isaac Co. (NYSE:FICO)

Public Employees Retirement Association of Colorado cut its stake in shares of Fair Isaac Co. (NYSE:FICO - Free Report) by 9.0% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 17,035 shares of the technology company's stock after selling 1,688 shares during the period. Public Employees Retirement Association of Colorado owned about 0.07% of Fair Isaac worth $33,915,000 at the end of the most recent reporting period.

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

Wall Street Analyst Weigh In

FICO has been the subject of a number of research analyst reports. 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 for the company in a research note on Wednesday, February 5th. Raymond James increased their price objective on shares of Fair Isaac from $2,030.00 to $2,230.00 and gave the company an "outperform" rating in a report on Wednesday. Robert W. Baird boosted their target price on Fair Isaac from $1,775.00 to $1,837.00 and gave the stock a "neutral" rating in a research report on Wednesday. Royal Bank of Canada raised Fair Isaac from a "sector perform" rating to an "outperform" rating and upped their price target for the company from $2,040.00 to $2,170.00 in a research note on Wednesday, February 26th. Finally, Wells Fargo & Company reduced their price objective on shares of 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. Three investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company's stock. According to data from MarketBeat.com, Fair Isaac presently has a consensus rating of "Moderate Buy" and a consensus target price of $2,277.46.

Fair Isaac Stock Up 2.5 %

Shares of NYSE:FICO traded up $50.35 during midday trading on Friday, reaching $2,052.03. 96,927 shares of the company were exchanged, compared to its average volume of 178,267. The firm has a market cap of $50.11 billion, a PE ratio of 94.27, a P/E/G ratio of 3.27 and a beta of 1.37. Fair Isaac Co. has a fifty-two week low of $1,134.86 and a fifty-two week high of $2,402.52. The stock has a fifty day simple moving average of $1,852.23 and a two-hundred day simple moving average of $1,977.98.

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

Insider Buying and Selling

In other Fair Isaac news, CEO William J. Lansing sold 4,092 shares of the firm's stock in a transaction that occurred on Tuesday, March 11th. The shares were 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 trade represents a 8.85 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Over the last three months, insiders have sold 13,058 shares of company stock worth $23,119,030. Insiders own 3.46% of the company's stock.

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.