Raiffeisen Bank International AG Invests $282,000 in Fair Isaac Co. (NYSE:FICO)

Raiffeisen Bank International AG bought a new position in Fair Isaac Co. (NYSE:FICO - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 140 shares of the technology company's stock, valued at approximately $282,000.

A number of other hedge funds have also added to or reduced their stakes in FICO. Nebula Research & Development LLC purchased a new stake in shares of Fair Isaac in the fourth quarter worth about $2,540,000. Donoghue Forlines LLC bought a new stake in Fair Isaac during the 4th quarter worth approximately $1,935,000. Barclays PLC increased its holdings 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 acquiring an additional 12,038 shares during the period. Brighton Jones LLC lifted its stake in Fair Isaac by 168.7% in 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 in the last quarter. Finally, Empirical Financial Services LLC d.b.a. Empirical Wealth Management bought a new position in Fair Isaac in the 4th quarter valued at $394,000. Hedge funds and other institutional investors own 85.75% of the company's stock.

Insider Buying and Selling at Fair Isaac

In other news, CEO William J. Lansing sold 2,956 shares of the stock in a transaction on Tuesday, April 8th. The stock was sold at an average price of $1,761.13, for a total value of $5,205,900.28. Following the sale, the chief executive officer now directly owns 42,138 shares of the company's stock, valued at approximately $74,210,495.94. This represents a 6.56% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Marc F. Mcmorris sold 797 shares of Fair Isaac stock in a transaction dated Friday, May 9th. The stock was sold at an average price of $2,087.50, for a total value of $1,663,737.50. Following the completion of the transaction, the director now directly owns 242 shares of the company's stock, valued at approximately $505,175. This represents a 76.71% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 17,933 shares of company stock worth $35,250,629. 3.46% of the stock is owned by insiders.

Fair Isaac Price Performance

NYSE FICO traded down $318.60 during trading hours on Wednesday, reaching $1,708.40. 940,936 shares of the company's stock traded hands, compared to its average volume of 178,690. Fair Isaac Co. has a 52-week low of $1,266.72 and a 52-week high of $2,402.52. The firm has a 50-day simple moving average of $1,930.06 and a 200 day simple moving average of $1,987.21. The firm has a market cap of $41.59 billion, a PE ratio of 78.40, a PEG ratio of 3.27 and a beta of 1.40.

Fair Isaac (NYSE:FICO - Get Free Report) last announced its earnings results on Tuesday, April 29th. The technology company reported $7.81 earnings per share for the quarter, beating analysts' consensus estimates 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 the consensus estimate of $500.45 million. During the same quarter last year, the firm earned $6.14 earnings per share. The business's revenue for the quarter was up 15.0% on a year-over-year basis. Sell-side analysts forecast that Fair Isaac Co. will post 24.15 EPS for the current fiscal year.

Analyst Ratings Changes

FICO has been the topic of several recent analyst reports. Jefferies Financial Group reaffirmed a "buy" rating and issued a $2,500.00 price target (up previously from $2,225.00) on shares of Fair Isaac in a report on Wednesday, May 14th. UBS Group lowered their price target on shares of Fair Isaac from $2,250.00 to $2,100.00 and set a "neutral" rating for the company in a report on Monday, January 27th. Barclays cut their price objective on Fair Isaac from $2,350.00 to $2,250.00 and set an "overweight" rating on the stock in a research report on Friday, April 4th. 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 report on Wednesday, February 5th. Finally, Bank of America assumed coverage on shares of Fair Isaac in a research note on Thursday, April 10th. They set a "buy" rating and a $2,800.00 target price on the stock. Three investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $2,299.31.

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.