Universal Beteiligungs und Servicegesellschaft mbH Has $20.79 Million Holdings in Fair Isaac Corporation (NYSE:FICO)

Universal Beteiligungs und Servicegesellschaft mbH raised its stake in Fair Isaac Corporation (NYSE:FICO - Free Report) by 5.2% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 11,274 shares of the technology company's stock after purchasing an additional 554 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH's holdings in Fair Isaac were worth $20,791,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of FICO. GAMMA Investing LLC grew its holdings in shares of Fair Isaac by 286,768.9% during the 1st quarter. GAMMA Investing LLC now owns 258,182 shares of the technology company's stock worth $476,129,000 after purchasing an additional 258,092 shares in the last quarter. Norges Bank bought a new position in Fair Isaac in the fourth quarter worth $442,369,000. Arrowstreet Capital Limited Partnership boosted its stake in Fair Isaac by 376.1% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 161,628 shares of the technology company's stock worth $321,790,000 after buying an additional 127,679 shares in the last quarter. Millennium Management LLC increased its holdings in Fair Isaac by 663.1% in the 4th quarter. Millennium Management LLC now owns 108,349 shares of the technology company's stock valued at $215,715,000 after buying an additional 94,150 shares during the period. Finally, Northern Trust Corp lifted its holdings in shares of Fair Isaac by 20.1% during the 4th quarter. Northern Trust Corp now owns 254,201 shares of the technology company's stock worth $506,096,000 after acquiring an additional 42,588 shares during the period. 85.75% of the stock is currently owned by institutional investors and hedge funds.

Fair Isaac Stock Down 0.3%

NYSE:FICO traded down $4.41 during trading hours on Friday, hitting $1,531.39. 134,033 shares of the stock were exchanged, compared to its average volume of 367,389. The company has a market capitalization of $37.27 billion, a P/E ratio of 65.95, a price-to-earnings-growth ratio of 2.47 and a beta of 1.28. The company's 50 day moving average is $1,727.13 and its two-hundred day moving average is $1,827.94. Fair Isaac Corporation has a twelve month low of $1,477.11 and a twelve month high of $2,402.51.

Fair Isaac (NYSE:FICO - Get Free Report) last posted its quarterly earnings results on Tuesday, April 29th. The technology company reported $7.81 earnings per share (EPS) for the quarter, beating the consensus estimate of $7.33 by $0.48. The business had revenue of $498.74 million for the quarter, compared to analysts' expectations of $500.45 million. Fair Isaac had a negative return on equity of 51.41% and a net margin of 31.36%. The firm's quarterly revenue was up 15.0% compared to the same quarter last year. During the same quarter last year, the business earned $6.14 earnings per share. On average, equities research analysts expect that Fair Isaac Corporation will post 24.15 EPS for the current year.

Fair Isaac declared that its board has initiated a stock buyback program on Thursday, June 19th that authorizes the company to buyback $1.00 billion in shares. This buyback authorization authorizes the technology company to purchase up to 2.3% of its stock through open market purchases. Stock buyback programs are generally a sign that the company's management believes its shares are undervalued.

Wall Street Analyst Weigh In

FICO has been the subject of several recent research reports. Bank of America initiated coverage on shares of Fair Isaac in a research report on Thursday, April 10th. They issued a "buy" rating and a $2,800.00 price target for the company. Barclays cut their target price on Fair Isaac from $2,250.00 to $2,000.00 and set an "overweight" rating for the company in a research report on Wednesday, July 9th. Griffin Securities set a $2,000.00 price target on Fair Isaac in a research report on Wednesday, July 9th. Robert W. Baird raised shares of Fair Isaac from a "neutral" rating to an "outperform" rating and lowered their target price for the stock from $2,021.00 to $1,900.00 in a report on Wednesday, May 28th. Finally, Baird R W upgraded shares of Fair Isaac from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, May 28th. Two research analysts have rated the stock with a hold rating, ten have given a buy rating and two have given a strong buy rating to the company's stock. According to data from MarketBeat, Fair Isaac currently has an average rating of "Buy" and an average price target of $2,218.64.

Insider Buying and Selling at Fair Isaac

In related news, EVP Thomas A. Bowers sold 4,077 shares of Fair Isaac stock in a transaction on Friday, May 2nd. The stock was sold at an average price of $2,057.05, for a total transaction of $8,386,592.85. Following the completion of the sale, the executive vice president directly owned 9,974 shares of the company's stock, valued at $20,517,016.70. The trade was a 29.02% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Steven P. Weber sold 1,000 shares of the company's stock in a transaction dated Monday, June 9th. The shares were sold at an average price of $1,738.25, for a total value of $1,738,250.00. Following the completion of the sale, the chief financial officer owned 1,862 shares of the company's stock, valued at $3,236,621.50. This represents a 34.94% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 23,906 shares of company stock valued at $45,222,913. 3.46% of the stock is currently owned by corporate 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.