OMERS ADMINISTRATION Corp Has $4.16 Million Holdings in Fair Isaac Co. (NYSE:FICO)

OMERS ADMINISTRATION Corp lessened its holdings in Fair Isaac Co. (NYSE:FICO - Free Report) by 27.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,087 shares of the technology company's stock after selling 774 shares during the period. OMERS ADMINISTRATION Corp's holdings in Fair Isaac were worth $4,155,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of the business. Mechanics Bank Trust Department lifted its stake in shares of Fair Isaac by 5.7% in the 4th quarter. Mechanics Bank Trust Department now owns 112 shares of the technology company's stock valued at $223,000 after purchasing an additional 6 shares during the last quarter. Alpha Cubed Investments LLC lifted its position in Fair Isaac by 1.3% during the 4th quarter. Alpha Cubed Investments LLC now owns 473 shares of the technology company's stock worth $942,000 after acquiring an additional 6 shares during the last quarter. Resonant Capital Advisors LLC lifted its position in Fair Isaac by 2.0% during the 4th quarter. Resonant Capital Advisors LLC now owns 306 shares of the technology company's stock worth $609,000 after acquiring an additional 6 shares during the last quarter. Mather Group LLC. lifted its position in Fair Isaac by 5.2% during the 4th quarter. Mather Group LLC. now owns 122 shares of the technology company's stock worth $243,000 after acquiring an additional 6 shares during the last quarter. Finally, D.A. Davidson & CO. lifted its position in Fair Isaac by 1.0% during the 4th quarter. D.A. Davidson & CO. now owns 621 shares of the technology company's stock worth $1,236,000 after acquiring an additional 6 shares during the last quarter. Institutional investors and hedge funds own 85.75% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on FICO shares. Bank of America started coverage on shares of Fair Isaac in a research report on Thursday, April 10th. They set a "buy" rating and a $2,800.00 target price for the company. Robert W. Baird boosted their target price on shares of Fair Isaac from $1,775.00 to $1,837.00 and gave the stock a "neutral" rating in a research report on Wednesday, April 30th. Needham & Company LLC boosted 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 report on Monday, May 12th. Barclays cut their target price on shares of Fair Isaac from $2,350.00 to $2,250.00 and set an "overweight" rating for the company in a research report on Friday, April 4th. Finally, Royal Bank of Canada raised shares of Fair Isaac from a "sector perform" rating to an "outperform" rating and boosted their target price for the stock from $2,040.00 to $2,170.00 in a research report on Wednesday, February 26th. Three investment analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $2,299.31.

Insider Activity at Fair Isaac

In related news, EVP Thomas A. Bowers sold 4,077 shares of the company's stock in a transaction dated 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 sale, the executive vice president now owns 9,974 shares of the company's stock, valued at $20,517,016.70. The trade was a 29.02% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO William J. Lansing sold 5,419 shares of the company's stock in a transaction dated Tuesday, May 13th. The shares were sold at an average price of $2,147.97, for a total transaction of $11,639,849.43. Following the completion of the sale, the chief executive officer now directly owns 42,730 shares in the company, valued at approximately $91,782,758.10. The trade was a 11.25% decrease in their position. The disclosure for this sale can be found here. Insiders have 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 company insiders.

Fair Isaac Stock Performance

Shares of NYSE:FICO traded up $19.53 on Friday, hitting $2,199.97. 163,779 shares of the company were exchanged, compared to its average volume of 175,296. The company's 50 day moving average price is $1,915.89 and its two-hundred day moving average price is $1,985.66. Fair Isaac Co. has a one year low of $1,266.72 and a one year high of $2,402.52. The firm has a market capitalization of $53.55 billion, a price-to-earnings ratio of 100.96, a PEG ratio of 3.27 and a beta of 1.40.

Fair Isaac (NYSE:FICO - Get Free Report) last posted 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. The company had revenue of $498.74 million for the quarter, compared to the consensus estimate of $500.45 million. Fair Isaac had a net margin of 30.66% and a negative return on equity of 53.40%. The business's revenue was up 15.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $6.14 EPS. Research analysts predict that Fair Isaac Co. will post 24.15 earnings per share for the current 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.