EULAV Asset Management Has $113.28 Million Stake in Fair Isaac Co. (NYSE:FICO)

EULAV Asset Management cut its holdings in Fair Isaac Co. (NYSE:FICO) by 7.0% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 56,900 shares of the technology company’s stock after selling 4,300 shares during the period. Fair Isaac makes up approximately 2.7% of EULAV Asset Management’s investment portfolio, making the stock its 5th largest position. EULAV Asset Management owned about 0.23% of Fair Isaac worth $113,284,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. First National Bank of Omaha bought a new stake in Fair Isaac during the third quarter worth about $1,576,000. National Bank of Canada FI raised its position in shares of Fair Isaac by 51.9% in the 3rd quarter. National Bank of Canada FI now owns 19,817 shares of the technology company’s stock valued at $38,514,000 after buying an additional 6,768 shares in the last quarter. Donoghue Forlines LLC acquired a new stake in shares of Fair Isaac during the 4th quarter worth approximately $1,935,000. Swedbank AB boosted its position in shares of Fair Isaac by 11.5% during the 3rd quarter. Swedbank AB now owns 9,822 shares of the technology company’s stock worth $19,089,000 after acquiring an additional 1,013 shares in the last quarter. Finally, BNP Paribas acquired a new position in Fair Isaac during the third quarter valued at approximately $445,000. 85.75% of the stock is owned by institutional investors.

Insider Transactions at Fair Isaac

In related news, Director Henry Tayloe Stansbury sold 249 shares of the company’s stock in a transaction that occurred on Monday, November 11th. The stock was sold at an average price of $2,338.55, for a total transaction of $582,298.95. Following the transaction, the director now directly owns 92 shares of the company’s stock, valued at approximately $215,146.60. This represents a 73.02 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Steven P. Weber sold 139 shares of the firm’s stock in a transaction that occurred on Thursday, January 9th. The shares were sold at an average price of $1,964.42, for a total value of $273,054.38. Following the completion of the sale, the chief financial officer now directly owns 2,478 shares of the company’s stock, valued at $4,867,832.76. This trade represents a 5.31 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 13,589 shares of company stock valued at $31,258,963 in the last quarter. 3.46% of the stock is currently owned by company insiders.

Fair Isaac Stock Down 1.5 %

FICO stock opened at $1,858.97 on Friday. The company’s fifty day simple moving average is $2,018.44 and its 200 day simple moving average is $1,959.32. Fair Isaac Co. has a 12-month low of $1,105.65 and a 12-month high of $2,402.51. The firm has a market cap of $45.43 billion, a price-to-earnings ratio of 90.90, a PEG ratio of 3.45 and a beta of 1.39.

Fair Isaac (NYSE:FICO) last announced its earnings results on Tuesday, February 4th. The technology company reported $4.15 EPS for the quarter, missing the consensus estimate of $6.21 by ($2.06). Fair Isaac had a net margin of 29.86% and a negative return on equity of 59.47%. Research analysts expect that Fair Isaac Co. will post 24.88 earnings per share for the current year.

Wall Street Analyst Weigh In

FICO has been the topic of a number of research analyst reports. Jefferies Financial Group reduced their target price on Fair Isaac from $2,275.00 to $2,175.00 and set a “buy” rating on the stock in a report on Wednesday. JPMorgan Chase & Co. began coverage on Fair Isaac in a research note on Friday, December 20th. They issued a “neutral” rating and a $2,150.00 price objective on the stock. UBS Group lowered their target price on Fair Isaac from $2,250.00 to $2,100.00 and set a “neutral” rating for the company in a research note on Monday, January 27th. Robert W. Baird reduced their price target on shares of Fair Isaac from $1,975.00 to $1,775.00 and set a “neutral” rating on the stock in a research note on Wednesday. Finally, Barclays upped their price objective on shares of Fair Isaac from $2,150.00 to $2,350.00 and gave the stock an “overweight” rating in a research report on Thursday, November 7th. Five analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $2,078.15.

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.