Voleon Capital Management LP Makes New $6.44 Million Investment in Fair Isaac Co. (NYSE:FICO)

Voleon Capital Management LP bought a new stake in Fair Isaac Co. (NYSE:FICO - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 3,236 shares of the technology company's stock, valued at approximately $6,443,000.

Other institutional investors have also recently bought and sold shares of the company. Rakuten Securities Inc. boosted its holdings 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 buying an additional 8 shares during the last quarter. Pinnacle Holdings LLC bought a new stake in Fair Isaac during the fourth quarter worth $26,000. Berbice Capital Management LLC acquired a new stake in Fair Isaac in the fourth quarter valued at $40,000. Avalon Trust Co bought a new position in shares of Fair Isaac in the 4th quarter valued at about $40,000. Finally, OFI Invest Asset Management acquired a new position in shares of Fair Isaac during the 4th quarter worth about $42,000. Institutional investors own 85.75% of the company's stock.

Fair Isaac Price Performance

FICO traded up $48.41 on Friday, hitting $2,050.09. The company had a trading volume of 204,427 shares, compared to its average volume of 178,708. The firm has a market capitalization of $49.90 billion, a P/E ratio of 94.08, a P/E/G ratio of 3.27 and a beta of 1.40. Fair Isaac Co. has a 52-week low of $1,204.03 and a 52-week high of $2,402.52. The stock has a fifty day simple moving average of $1,856.90 and a 200-day simple moving average of $1,977.39.

Fair Isaac (NYSE:FICO - Get Free Report) last posted its quarterly earnings data 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 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%. Fair Isaac's revenue for the quarter was up 15.0% compared to the same quarter last year. During the same quarter in the prior year, the business earned $6.14 earnings per share. Equities research analysts expect that Fair Isaac Co. will post 24.15 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, CEO William J. Lansing sold 2,956 shares of the company's stock in a transaction that occurred on Tuesday, April 8th. The shares were sold at an average price of $1,761.13, for a total value of $5,205,900.28. Following the completion of the sale, the chief executive officer now owns 42,138 shares of the company's stock, valued at approximately $74,210,495.94. This represents a 6.56 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders sold a total of 13,058 shares of company stock valued at $23,119,030 over the last 90 days. Insiders own 3.46% of the company's stock.

Analyst Ratings Changes

A number of research firms recently commented on FICO. Bank of America initiated coverage on Fair Isaac in a report on Thursday, April 10th. They set a "buy" rating and a $2,800.00 price target for the company. Jefferies Financial Group dropped their price target on Fair Isaac from $2,275.00 to $2,175.00 and set a "buy" rating on the stock in a research note on Wednesday, February 5th. UBS Group reduced their price objective 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. Robert W. Baird upped their price objective on shares of Fair Isaac from $1,775.00 to $1,837.00 and gave the company a "neutral" rating in a report on Wednesday. Finally, Wells Fargo & Company cut their target price on shares of Fair Isaac from $2,650.00 to $2,600.00 and set an "overweight" rating for the company in a research note on Wednesday, February 5th. Three analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. According to MarketBeat, Fair Isaac has a consensus rating of "Moderate Buy" and a consensus target price of $2,277.46.

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.