1,463 Shares in Fair Isaac Co. (NYSE:FICO) Purchased by Woodline Partners LP

Woodline Partners LP acquired a new stake in Fair Isaac Co. (NYSE:FICO - Free Report) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 1,463 shares of the technology company's stock, valued at approximately $2,913,000.

A number of other institutional investors have also recently bought and sold shares of FICO. Rakuten Securities Inc. increased its stake in shares of Fair Isaac by 160.0% in the 4th quarter. Rakuten Securities Inc. now owns 13 shares of the technology company's stock valued at $26,000 after acquiring an additional 8 shares during the last quarter. Pinnacle Holdings LLC acquired a new stake in Fair Isaac in the fourth quarter worth $26,000. Avalon Trust Co bought a new position in shares of Fair Isaac during the fourth quarter worth $40,000. OFI Invest Asset Management acquired a new position in shares of Fair Isaac in the 4th quarter valued at $42,000. Finally, Colonial Trust Co SC grew its holdings in shares of Fair Isaac by 71.4% in the 4th quarter. Colonial Trust Co SC now owns 24 shares of the technology company's stock valued at $48,000 after buying an additional 10 shares during the period. Institutional investors and hedge funds own 85.75% of the company's stock.

Insider Buying and Selling

In other Fair Isaac news, CEO William J. Lansing sold 2,956 shares of the 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 transaction, the chief executive officer now owns 42,138 shares in the company, valued at $74,210,495.94. This trade represents a 6.56% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Marc F. Mcmorris sold 797 shares of the business's stock in a transaction dated Friday, May 9th. The shares were sold at an average price of $2,087.50, for a total transaction of $1,663,737.50. Following the completion of the sale, the director now directly owns 242 shares of the company's stock, valued at approximately $505,175. The trade was a 76.71% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 17,933 shares of company stock valued at $35,250,629. Insiders own 3.46% of the company's stock.

Analyst Ratings Changes

A number of research analysts have weighed in on FICO shares. Wells Fargo & Company cut their price target 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. Raymond James reiterated an "outperform" rating on shares of Fair Isaac in a report on Wednesday, May 21st. Baird R W upgraded Fair Isaac from a "hold" rating to a "strong-buy" rating in a research note on Wednesday. Oppenheimer increased their target price on shares of Fair Isaac from $2,116.00 to $2,293.00 and gave the stock an "outperform" rating in a report on Thursday, May 8th. Finally, Needham & Company LLC lifted their price target on shares of Fair Isaac from $2,500.00 to $2,575.00 and gave the company a "buy" rating in a research note on Monday, May 12th. Two research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat.com, Fair Isaac currently has a consensus rating of "Moderate Buy" and a consensus target price of $2,304.15.

Fair Isaac Stock Up 4.2%

Shares of NYSE FICO traded up $67.30 during mid-day trading on Thursday, reaching $1,687.24. 440,527 shares of the company were exchanged, compared to its average volume of 187,194. The stock has a market capitalization of $41.07 billion, a P/E ratio of 77.29, a P/E/G ratio of 3.27 and a beta of 1.40. The company's 50-day simple moving average is $1,907.55 and its 200-day simple moving average is $1,968.89. Fair Isaac Co. has a twelve month low of $1,266.72 and a twelve month high of $2,402.52.

Fair Isaac (NYSE:FICO - Get Free Report) last issued its quarterly earnings data 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. Fair Isaac had a net margin of 30.66% and a negative return on equity of 53.40%. The firm had revenue of $498.74 million during the quarter, compared to the consensus estimate of $500.45 million. During the same period last year, the business posted $6.14 earnings per share. The business's revenue for the quarter was up 15.0% compared to the same quarter last year. As a group, equities research analysts expect that Fair Isaac Co. will post 24.15 EPS for the current year.

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.