Czech National Bank Has $10.34 Million Stake in Fair Isaac Co. (NYSE:FICO)

Czech National Bank increased its holdings in shares of Fair Isaac Co. (NYSE:FICO - Free Report) by 6.2% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,608 shares of the technology company's stock after acquiring an additional 328 shares during the period. Czech National Bank's holdings in Fair Isaac were worth $10,342,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Rakuten Securities Inc. grew its holdings in Fair Isaac by 160.0% during the 4th quarter. Rakuten Securities Inc. now owns 13 shares of the technology company's stock worth $26,000 after acquiring an additional 8 shares during the period. Pinnacle Holdings LLC acquired a new position in shares of Fair Isaac during the 4th quarter worth about $26,000. Avalon Trust Co bought a new stake in shares of Fair Isaac in the 4th quarter valued at about $40,000. OFI Invest Asset Management bought a new position in Fair Isaac during the 4th quarter worth approximately $42,000. Finally, Colonial Trust Co SC grew its holdings in Fair Isaac by 71.4% during the fourth quarter. Colonial Trust Co SC now owns 24 shares of the technology company's stock valued at $48,000 after purchasing an additional 10 shares during the period. Institutional investors and hedge funds own 85.75% of the company's stock.

Insiders Place Their Bets

In related news, CEO William J. Lansing sold 2,956 shares of the stock in a transaction that occurred on Tuesday, April 8th. The shares were sold at an average price of $1,761.13, for a total transaction of $5,205,900.28. Following the sale, the chief executive officer now owns 42,138 shares in the company, valued at approximately $74,210,495.94. This trade represents a 6.56% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Thomas A. Bowers sold 4,077 shares of the business's stock in a transaction that occurred on Friday, May 2nd. The shares were sold at an average price of $2,057.05, for a total transaction of $8,386,592.85. Following the transaction, the executive vice president now owns 9,974 shares of the company's stock, valued at approximately $20,517,016.70. This represents a 29.02% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 17,933 shares of company stock worth $35,250,629 in the last 90 days. Company insiders own 3.46% of the company's stock.

Fair Isaac Price Performance

Fair Isaac stock traded up $21.23 during mid-day trading on Wednesday, hitting $1,762.78. 129,694 shares of the company's stock traded hands, compared to its average volume of 189,091. The firm has a 50 day simple moving average of $1,894.10 and a two-hundred day simple moving average of $1,949.73. Fair Isaac Co. has a fifty-two week low of $1,285.27 and a fifty-two week high of $2,402.52. The stock has a market cap of $42.91 billion, a price-to-earnings ratio of 80.90, a P/E/G 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 EPS for the quarter, topping the consensus estimate of $7.33 by $0.48. The business had revenue of $498.74 million during the quarter, compared to the consensus estimate of $500.45 million. Fair Isaac had a net margin of 30.66% and a negative return on equity of 53.40%. Fair Isaac's revenue was up 15.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $6.14 EPS. On average, research analysts anticipate that Fair Isaac Co. will post 24.15 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several analysts have commented on FICO shares. Bank of America initiated coverage on shares of Fair Isaac in a report on Thursday, April 10th. They set a "buy" rating and a $2,800.00 target price on the stock. Baird R W raised shares of Fair Isaac from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, May 28th. Raymond James reissued an "outperform" rating on shares of Fair Isaac in a research note on Wednesday, May 21st. Needham & Company LLC upped their price objective on Fair Isaac from $2,500.00 to $2,575.00 and gave the stock a "buy" rating in a research report on Monday, May 12th. Finally, Barclays dropped their target price 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. Two equities research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $2,304.15.

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.