Siemens Fonds Invest GmbH Increases Position in Fair Isaac Co. (NYSE:FICO)

Siemens Fonds Invest GmbH grew its position in Fair Isaac Co. (NYSE:FICO - Free Report) by 411.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,377 shares of the technology company's stock after purchasing an additional 1,108 shares during the quarter. Siemens Fonds Invest GmbH's holdings in Fair Isaac were worth $2,742,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Vanguard Group Inc. raised its stake in Fair Isaac by 0.8% during the 4th quarter. Vanguard Group Inc. now owns 2,903,694 shares of the technology company's stock worth $5,781,051,000 after acquiring an additional 22,178 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in shares of Fair Isaac by 0.8% in the fourth quarter. JPMorgan Chase & Co. now owns 678,613 shares of the technology company's stock valued at $1,351,073,000 after buying an additional 5,371 shares during the last quarter. Geode Capital Management LLC raised its holdings in shares of Fair Isaac by 2.7% in the fourth quarter. Geode Capital Management LLC now owns 663,035 shares of the technology company's stock valued at $1,318,630,000 after buying an additional 17,656 shares during the last quarter. Jennison Associates LLC raised its holdings in shares of Fair Isaac by 5.4% in the fourth quarter. Jennison Associates LLC now owns 254,282 shares of the technology company's stock valued at $506,257,000 after buying an additional 13,133 shares during the last quarter. Finally, Northern Trust Corp raised its holdings in shares of Fair Isaac by 20.1% in the fourth quarter. Northern Trust Corp now owns 254,201 shares of the technology company's stock valued at $506,096,000 after buying an additional 42,588 shares during the last quarter. 85.75% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of brokerages have recently commented on FICO. Robert W. Baird raised shares of Fair Isaac from a "neutral" rating to an "outperform" rating and reduced their target price for the company from $2,021.00 to $1,900.00 in a report on Wednesday. Jefferies Financial Group reaffirmed a "buy" rating and issued a $2,500.00 target price (up from $2,225.00) on shares of Fair Isaac in a report on Wednesday, May 14th. Wells Fargo & Company reduced their target price on shares of Fair Isaac from $2,650.00 to $2,600.00 and set an "overweight" rating for the company in a report on Wednesday, February 5th. Needham & Company LLC upped their target price on shares of Fair Isaac from $2,500.00 to $2,575.00 and gave the company a "buy" rating in a report on Monday, May 12th. Finally, Oppenheimer upped 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. 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's stock. According to data from MarketBeat.com, Fair Isaac presently has a consensus rating of "Moderate Buy" and an average price target of $2,304.15.

Insiders Place Their Bets

In other news, Director Marc F. Mcmorris sold 797 shares of the stock in a transaction that occurred on Friday, May 9th. The shares were sold at an average price of $2,087.50, for a total value of $1,663,737.50. Following the sale, the director now directly owns 242 shares in the company, valued at $505,175. This represents a 76.71% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO William J. Lansing sold 4,092 shares of the 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 owns 42,138 shares in the company, valued at $72,801,401.22. This represents a 8.85% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 17,933 shares of company stock worth $35,250,629. 3.46% of the stock is owned by company insiders.

Fair Isaac Stock Performance

FICO traded up $44.85 on Friday, hitting $1,729.85. 446,471 shares of the company were exchanged, compared to its average volume of 188,782. The business's fifty day moving average is $1,899.42 and its 200 day moving average is $1,960.03. Fair Isaac Co. has a fifty-two week low of $1,266.72 and a fifty-two week high of $2,402.52. The firm has a market capitalization of $42.11 billion, a P/E ratio of 79.39, a price-to-earnings-growth ratio of 3.27 and a beta of 1.40.

Fair Isaac (NYSE:FICO - Get Free Report) last issued its earnings results on Tuesday, April 29th. The technology company reported $7.81 earnings per share 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 company had revenue of $498.74 million for the quarter, compared to analyst estimates of $500.45 million. During the same period in the prior year, the business posted $6.14 earnings per share. The firm's revenue for the quarter was up 15.0% compared to the same quarter last year. Analysts forecast that Fair Isaac Co. will post 24.15 EPS for the current fiscal year.

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.