UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Purchases 15,210 Shares of Fair Isaac Co. (NYSE:FICO)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in Fair Isaac Co. (NYSE:FICO - Free Report) by 6.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 244,262 shares of the technology company's stock after purchasing an additional 15,210 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 1.00% of Fair Isaac worth $486,309,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of the stock. Rakuten Securities Inc. boosted its stake in shares of 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 bought a new position in shares of Fair Isaac during the 4th quarter worth approximately $26,000. Berbice Capital Management LLC bought a new position in shares of Fair Isaac during the 4th quarter worth approximately $40,000. Avalon Trust Co bought a new position in shares of Fair Isaac during the 4th quarter worth approximately $40,000. Finally, OFI Invest Asset Management bought a new position in shares of Fair Isaac during the 4th quarter worth approximately $42,000. 85.75% of the stock is currently owned by institutional investors.

Fair Isaac Price Performance

FICO stock traded down $5.17 during midday trading on Friday, reaching $1,695.15. The company had a trading volume of 290,120 shares, compared to its average volume of 180,569. The company has a market capitalization of $41.26 billion, a price-to-earnings ratio of 77.79, a price-to-earnings-growth ratio of 3.27 and a beta of 1.40. The stock has a 50 day moving average price of $1,923.01 and a 200-day moving average price of $1,981.15. Fair Isaac Co. has a 1-year low of $1,266.72 and a 1-year high of $2,402.52.

Fair Isaac (NYSE:FICO - Get Free Report) last posted its quarterly earnings results on Tuesday, April 29th. The technology company reported $7.81 EPS for the quarter, beating analysts' consensus estimates 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 negative return on equity of 53.40% and a net margin of 30.66%. Fair Isaac's revenue for the quarter was up 15.0% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $6.14 earnings per share. As a group, research analysts anticipate that Fair Isaac Co. will post 24.15 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on FICO. Robert W. Baird lifted their target price on Fair Isaac from $1,775.00 to $1,837.00 and gave the stock a "neutral" rating in a research note on Wednesday, April 30th. Barclays lowered their price objective 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. Bank of America assumed coverage on Fair Isaac in a report on Thursday, April 10th. They set a "buy" rating and a $2,800.00 target price for the company. Royal Bank of Canada raised Fair Isaac from a "sector perform" rating to an "outperform" rating and lifted their target price for the stock from $2,040.00 to $2,170.00 in a report on Wednesday, February 26th. Finally, Raymond James reissued an "outperform" rating on shares of Fair Isaac in a report on Wednesday. Three research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $2,299.31.

Insider Activity at Fair Isaac

In other Fair Isaac news, Director Marc F. Mcmorris sold 797 shares of the business's stock in a transaction dated Friday, May 9th. The stock was sold at an average price of $2,087.50, for a total transaction of $1,663,737.50. Following the completion of 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO William J. Lansing sold 592 shares of the business's stock in a transaction dated Tuesday, May 13th. The stock was sold at an average price of $2,170.34, for a total value of $1,284,841.28. Following the transaction, the chief executive officer now directly owns 42,138 shares of the company's stock, valued at approximately $91,453,786.92. The trade was a 1.39% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 17,933 shares of company stock valued at $35,250,629 over the last quarter. 3.46% of the stock is 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.