Ycg LLC Has $32.36 Million Stake in Fair Isaac Co. (NYSE:FICO)

Ycg LLC boosted its holdings in shares of Fair Isaac Co. (NYSE:FICO) by 44.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 16,251 shares of the technology company’s stock after buying an additional 4,975 shares during the period. Fair Isaac makes up about 2.6% of Ycg LLC’s portfolio, making the stock its 18th largest position. Ycg LLC’s holdings in Fair Isaac were worth $32,355,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of FICO. Wealthfront Advisers LLC grew its position in Fair Isaac by 5,217.6% during the fourth quarter. Wealthfront Advisers LLC now owns 147,031 shares of the technology company’s stock valued at $292,728,000 after buying an additional 144,266 shares during the period. Proficio Capital Partners LLC purchased a new stake in shares of Fair Isaac in the fourth quarter worth about $261,610,000. Raymond James Financial Inc. purchased a new stake in shares of Fair Isaac in the fourth quarter worth about $199,441,000. FMR LLC raised its stake in Fair Isaac by 46.1% in the third quarter. FMR LLC now owns 207,026 shares of the technology company’s stock valued at $402,358,000 after purchasing an additional 65,297 shares in the last quarter. Finally, Jennison Associates LLC raised its stake in Fair Isaac by 35.1% in the third quarter. Jennison Associates LLC now owns 241,149 shares of the technology company’s stock valued at $468,677,000 after purchasing an additional 62,653 shares in the last quarter. Institutional investors and hedge funds own 85.75% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have recently issued reports on FICO shares. Robert W. Baird cut their target price on shares of Fair Isaac from $1,975.00 to $1,775.00 and set a “neutral” rating on the stock in a report on Wednesday, February 5th. UBS Group dropped their target price on shares of Fair Isaac from $2,250.00 to $2,100.00 and set a “neutral” rating on the stock in a report on Monday, January 27th. Royal Bank of Canada upgraded shares of Fair Isaac from a “sector perform” rating to an “outperform” rating and upped their price target for the stock from $2,040.00 to $2,170.00 in a research note on Wednesday, February 26th. Wells Fargo & Company dropped 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. Finally, Needham & Company LLC restated a “buy” rating and set a $2,500.00 target price on shares of Fair Isaac in a research note on Wednesday, February 5th. Four research analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. According to MarketBeat, Fair Isaac currently has an average rating of “Moderate Buy” and a consensus price target of $2,088.15.

Fair Isaac Stock Up 1.6 %

Shares of Fair Isaac stock opened at $1,722.12 on Wednesday. Fair Isaac Co. has a 12 month low of $1,105.65 and a 12 month high of $2,402.52. The business has a fifty day simple moving average of $1,857.90 and a 200-day simple moving average of $1,982.53. The stock has a market cap of $42.05 billion, a PE ratio of 79.03, a price-to-earnings-growth ratio of 3.27 and a beta of 1.41.

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 negative return on equity of 53.40% and a net margin of 30.66%. Analysts expect that Fair Isaac Co. will post 24.15 EPS for the current fiscal year.

Insider Buying and Selling

In other news, CEO William J. Lansing sold 6,010 shares of the stock in a transaction that occurred on Tuesday, February 11th. The stock was sold at an average price of $1,804.23, for a total value of $10,843,422.30. Following the completion of the sale, the chief executive officer now directly owns 42,138 shares of the company’s stock, valued at $76,026,643.74. This represents a 12.48 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Steven P. Weber sold 139 shares of the stock in a transaction 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 transaction, the chief financial officer now directly owns 2,478 shares of the company’s stock, valued at approximately $4,867,832.76. This trade represents a 5.31 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 9,669 shares of company stock valued at $18,821,383. Insiders own 3.46% of the company’s stock.

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.