Fair Isaac Co. (NYSE:FICO) Shares Bought by Two Sigma Advisers LP

Two Sigma Advisers LP lifted its position in shares of Fair Isaac Co. (NYSE:FICO - Free Report) by 70.0% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,700 shares of the technology company's stock after buying an additional 700 shares during the quarter. Two Sigma Advisers LP's holdings in Fair Isaac were worth $3,385,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Vanguard Group Inc. increased its position 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 purchasing an additional 22,178 shares in the last quarter. JPMorgan Chase & Co. increased its position in Fair Isaac by 0.8% during the 4th quarter. JPMorgan Chase & Co. now owns 678,613 shares of the technology company's stock worth $1,351,073,000 after purchasing an additional 5,371 shares in the last quarter. Geode Capital Management LLC increased its position in Fair Isaac by 2.7% during the 4th quarter. Geode Capital Management LLC now owns 663,035 shares of the technology company's stock worth $1,318,630,000 after purchasing an additional 17,656 shares in the last quarter. Jennison Associates LLC increased its position in Fair Isaac by 5.4% during the 4th quarter. Jennison Associates LLC now owns 254,282 shares of the technology company's stock worth $506,257,000 after purchasing an additional 13,133 shares in the last quarter. Finally, Northern Trust Corp increased its position in 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 purchasing an additional 42,588 shares in the last quarter. Institutional investors and hedge funds own 85.75% of the company's stock.

Analysts Set New Price Targets

A number of analysts recently commented on FICO shares. Oppenheimer lifted their price objective on Fair Isaac from $2,116.00 to $2,293.00 and gave the stock an "outperform" rating in a research report on Thursday, May 8th. Robert W. Baird upgraded Fair Isaac from a "neutral" rating to an "outperform" rating and lowered their price target for the company from $2,021.00 to $1,900.00 in a report on Wednesday. Raymond James restated an "outperform" rating on shares of Fair Isaac in a report on Wednesday, May 21st. Needham & Company LLC lifted their price target on 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, Jefferies Financial Group restated 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. Two equities research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, Fair Isaac currently has an average rating of "Moderate Buy" and an average target price of $2,304.15.

Fair Isaac Price Performance

Fair Isaac stock traded up $50.69 during midday trading on Friday, hitting $1,735.69. 251,886 shares of the company were exchanged, compared to its average volume of 188,093. The company's fifty day moving average price is $1,903.28 and its 200-day moving average price is $1,964.30. The company has a market cap of $42.25 billion, a PE ratio of 79.62, a price-to-earnings-growth ratio of 3.27 and a beta of 1.40. Fair Isaac Co. has a fifty-two week low of $1,266.72 and a fifty-two week high of $2,402.52.

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 (EPS) for the quarter, beating analysts' consensus estimates of $7.33 by $0.48. Fair Isaac had a negative return on equity of 53.40% and a net margin of 30.66%. 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 company posted $6.14 EPS. Fair Isaac's quarterly revenue was up 15.0% on a year-over-year basis. On average, analysts expect that Fair Isaac Co. will post 24.15 EPS for the current fiscal year.

Insider Activity at Fair Isaac

In related news, CEO William J. Lansing sold 2,956 shares of the company's stock in a transaction 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 completion of the transaction, the chief executive officer now directly owns 42,138 shares in the company, valued at $74,210,495.94. This represents a 6.56% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Marc F. Mcmorris sold 797 shares of the company's stock in a transaction on 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 transaction, the director now owns 242 shares of the company's stock, valued at approximately $505,175. The trade was a 76.71% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 17,933 shares of company stock valued at $35,250,629. Corporate insiders own 3.46% of the company's stock.

About Fair Isaac

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.