Fair Isaac Co. (NYSE:FICO) Stock Holdings Decreased by Mn Services Vermogensbeheer B.V.

Mn Services Vermogensbeheer B.V. lessened its stake in Fair Isaac Co. (NYSE:FICO - Free Report) by 6.1% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 9,200 shares of the technology company's stock after selling 600 shares during the quarter. Mn Services Vermogensbeheer B.V.'s holdings in Fair Isaac were worth $16,966,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. D.A. Davidson & CO. grew its stake in shares of Fair Isaac by 1.0% during the fourth quarter. D.A. Davidson & CO. now owns 621 shares of the technology company's stock worth $1,236,000 after purchasing an additional 6 shares in the last quarter. Ashton Thomas Private Wealth LLC raised its stake in Fair Isaac by 1.5% during the 4th quarter. Ashton Thomas Private Wealth LLC now owns 403 shares of the technology company's stock worth $802,000 after acquiring an additional 6 shares in the last quarter. Meiji Yasuda Life Insurance Co lifted its position in Fair Isaac by 1.0% in the fourth quarter. Meiji Yasuda Life Insurance Co now owns 608 shares of the technology company's stock valued at $1,210,000 after acquiring an additional 6 shares during the last quarter. City Holding Co. boosted its stake in Fair Isaac by 11.3% in the first quarter. City Holding Co. now owns 59 shares of the technology company's stock valued at $109,000 after acquiring an additional 6 shares in the last quarter. Finally, Brighton Jones LLC grew its holdings in shares of Fair Isaac by 1.5% during the first quarter. Brighton Jones LLC now owns 488 shares of the technology company's stock worth $900,000 after purchasing an additional 7 shares during the last quarter. Institutional investors and hedge funds own 85.75% of the company's stock.

Fair Isaac Price Performance

NYSE:FICO traded up $25.53 during midday trading on Monday, reaching $1,810.10. 185,884 shares of the company traded hands, compared to its average volume of 192,589. The firm has a market capitalization of $44.06 billion, a price-to-earnings ratio of 83.07, a price-to-earnings-growth ratio of 3.27 and a beta of 1.29. The company has a fifty day moving average price of $1,892.30 and a 200 day moving average price of $1,915.78. Fair Isaac Co. has a twelve month low of $1,370.28 and a twelve month high of $2,402.52.

Fair Isaac (NYSE:FICO - Get Free Report) last announced 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. Fair Isaac had a net margin of 30.66% and a negative return on equity of 53.40%. The company had revenue of $498.74 million during the quarter, compared to the consensus estimate of $500.45 million. During the same quarter in the previous year, the company posted $6.14 earnings per share. The company's revenue for the quarter was up 15.0% compared to the same quarter last year. On average, equities research analysts forecast that Fair Isaac Co. will post 24.15 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

FICO has been the topic of a number of research reports. Needham & Company LLC restated a "buy" rating and set a $2,575.00 target price on shares of Fair Isaac in a research report on Tuesday, June 10th. Royal Bank of Canada upgraded shares of Fair Isaac from a "sector perform" rating to an "outperform" rating and increased their price target for the company from $2,040.00 to $2,170.00 in a report on Wednesday, February 26th. Jefferies Financial Group reissued a "buy" rating and set a $2,500.00 price objective (up previously from $2,225.00) on shares of Fair Isaac in a report on Wednesday, May 14th. Oppenheimer increased their target price on shares of Fair Isaac from $2,116.00 to $2,293.00 and gave the company an "outperform" rating in a report on Thursday, May 8th. Finally, Robert W. Baird upgraded shares of Fair Isaac from a "neutral" rating to an "outperform" rating and reduced their price target for the company from $2,021.00 to $1,900.00 in a research report on Wednesday, May 28th. Two research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, Fair Isaac has an average rating of "Moderate Buy" and an average target price of $2,304.15.

Insider Activity

In related news, EVP Thomas A. Bowers sold 4,077 shares of the 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 completion of the sale, the executive vice president now directly owns 9,974 shares of the company's stock, valued at $20,517,016.70. This represents a 29.02% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO William J. Lansing sold 2,956 shares of the firm's stock in a transaction that occurred on Tuesday, April 8th. The stock was 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 of the company's stock, valued at $74,210,495.94. The trade was a 6.56% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 20,851 shares of company stock valued at $40,543,770. 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.