Fair Isaac Co. (NYSE:FICO) Position Increased by E Fund Management Co. Ltd.

E Fund Management Co. Ltd. lifted its position in Fair Isaac Co. (NYSE:FICO) by 15.5% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 903 shares of the technology company’s stock after acquiring an additional 121 shares during the quarter. E Fund Management Co. Ltd.’s holdings in Fair Isaac were worth $1,798,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Capital Performance Advisors LLP purchased a new stake in shares of Fair Isaac in the 3rd quarter valued at approximately $25,000. True Wealth Design LLC lifted its position in shares of Fair Isaac by 900.0% in the 3rd quarter. True Wealth Design LLC now owns 20 shares of the technology company’s stock valued at $39,000 after acquiring an additional 18 shares in the last quarter. Berbice Capital Management LLC purchased a new stake in shares of Fair Isaac in the 4th quarter valued at approximately $40,000. Meeder Asset Management Inc. lifted its position in shares of Fair Isaac by 37.5% in the 3rd quarter. Meeder Asset Management Inc. now owns 22 shares of the technology company’s stock valued at $43,000 after acquiring an additional 6 shares in the last quarter. Finally, Versant Capital Management Inc lifted its position in shares of Fair Isaac by 500.0% in the 4th quarter. Versant Capital Management Inc now owns 24 shares of the technology company’s stock valued at $48,000 after acquiring an additional 20 shares in the last quarter. Hedge funds and other institutional investors own 85.75% of the company’s stock.

Fair Isaac Trading Down 3.0 %

NYSE:FICO opened at $1,817.40 on Friday. Fair Isaac Co. has a 1 year low of $1,105.65 and a 1 year high of $2,402.52. The firm’s fifty day simple moving average is $1,878.49 and its 200 day simple moving average is $1,980.30. The firm has a market capitalization of $44.38 billion, a PE ratio of 83.41, a PEG ratio of 3.27 and a beta of 1.39.

Fair Isaac (NYSE:FICO) last posted its earnings results on Tuesday, February 4th. The technology company reported $4.15 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $6.21 by ($2.06). Fair Isaac had a net margin of 30.66% and a negative return on equity of 53.40%. As a group, analysts anticipate that Fair Isaac Co. will post 24.15 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts recently commented on the stock. Wells Fargo & Company reduced their price target on shares of Fair Isaac from $2,650.00 to $2,600.00 and set an “overweight” rating for the company in a research report on Wednesday, February 5th. UBS Group cut their target price 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. Needham & Company LLC reiterated a “buy” rating and issued a $2,500.00 target price on shares of Fair Isaac in a research report on Wednesday, February 5th. Barclays increased their target price 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. Finally, The Goldman Sachs Group increased their target price on shares of Fair Isaac from $2,374.00 to $2,661.00 and gave the stock a “buy” rating in a research report on Thursday, December 5th. Four research analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $2,088.15.

Insider Activity at Fair Isaac

In other Fair Isaac news, CEO William J. Lansing sold 6,010 shares of the firm’s stock in a transaction on Tuesday, February 11th. The shares were sold at an average price of $1,804.23, for a total value of $10,843,422.30. Following the sale, the chief executive officer now directly owns 42,138 shares in the company, valued at $76,026,643.74. This trade represents a 12.48 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP James M. Wehmann sold 3,000 shares of the firm’s stock in a transaction on Thursday, December 12th. The stock was sold at an average price of $2,195.19, for a total transaction of $6,585,570.00. Following the completion of the sale, the executive vice president now owns 51,911 shares in the company, valued at $113,954,508.09. This represents a 5.46 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 9,670 shares of company stock worth $18,823,773. 3.46% of the stock is owned by insiders.

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.