Fair Isaac Co. (NYSE:FICO) Shares Bought by Vident Advisory LLC

Vident Advisory LLC boosted its stake in shares of Fair Isaac Co. (NYSE:FICO - Free Report) by 101.2% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 5,740 shares of the technology company's stock after purchasing an additional 2,887 shares during the period. Vident Advisory LLC's holdings in Fair Isaac were worth $11,428,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Nebula Research & Development LLC acquired a new position in shares of Fair Isaac in the 4th quarter valued at $2,540,000. Donoghue Forlines LLC acquired a new stake in Fair Isaac in the fourth quarter valued at approximately $1,935,000. Barclays PLC grew its holdings in Fair Isaac by 24.8% in the third quarter. Barclays PLC now owns 60,521 shares of the technology company's stock valued at $117,624,000 after purchasing an additional 12,038 shares during the period. Brighton Jones LLC grew its holdings in Fair Isaac by 168.7% in the fourth quarter. Brighton Jones LLC now owns 481 shares of the technology company's stock valued at $958,000 after purchasing an additional 302 shares during the period. Finally, Empirical Financial Services LLC d.b.a. Empirical Wealth Management acquired a new stake in Fair Isaac in the fourth quarter valued at approximately $394,000. 85.75% of the stock is owned by institutional investors and hedge funds.

Fair Isaac Trading Down 0.3%

FICO stock traded down $5.17 during midday trading on Friday, hitting $1,695.15. 290,120 shares of the company's stock were exchanged, compared to its average volume of 180,569. The business has a 50-day simple moving average of $1,923.01 and a two-hundred day simple moving average of $1,981.15. The stock has a market capitalization of $41.26 billion, a PE ratio of 77.79, a P/E/G ratio of 3.27 and a beta of 1.40. 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 earnings results on Tuesday, April 29th. The technology company reported $7.81 earnings per share (EPS) for the quarter, topping the consensus estimate of $7.33 by $0.48. The company had revenue of $498.74 million during the quarter, compared to analysts' expectations of $500.45 million. Fair Isaac had a negative return on equity of 53.40% and a net margin of 30.66%. The firm's quarterly revenue was up 15.0% compared to the same quarter last year. During the same quarter last year, the firm earned $6.14 earnings per share. As a group, research analysts expect that Fair Isaac Co. will post 24.15 EPS for the current fiscal year.

Insider Transactions at Fair Isaac

In other news, EVP Thomas A. Bowers sold 4,077 shares of the company's 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 value of $8,386,592.85. Following the transaction, the executive vice president now directly owns 9,974 shares in the company, valued at approximately $20,517,016.70. This represents a 29.02% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO William J. Lansing sold 2,956 shares of the company'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 completion of the transaction, the chief executive officer now owns 42,138 shares in the company, valued at approximately $74,210,495.94. This represents a 6.56% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 17,933 shares of company stock worth $35,250,629. 3.46% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on FICO shares. UBS Group reduced their price target on shares of Fair Isaac from $2,250.00 to $2,100.00 and set a "neutral" rating for the company in a research report on Monday, January 27th. Wells Fargo & Company lowered their target price on shares of Fair Isaac from $2,650.00 to $2,600.00 and set an "overweight" rating on the stock in a research note on Wednesday, February 5th. Jefferies Financial Group reaffirmed a "buy" rating and set a $2,500.00 target price (up previously from $2,225.00) on shares of Fair Isaac in a research note on Wednesday, May 14th. Needham & Company LLC lifted their target price on shares of Fair Isaac from $2,500.00 to $2,575.00 and gave the stock a "buy" rating in a research note on Monday, May 12th. Finally, Royal Bank of Canada raised shares of 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 research note on Wednesday, February 26th. Three analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $2,299.31.

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.