American Century Companies Inc. Has $734.89 Million Stock Position in Fair Isaac Co. (NYSE:FICO)

American Century Companies Inc. cut its position in shares of Fair Isaac Co. (NYSE:FICO) by 5.0% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 369,120 shares of the technology company’s stock after selling 19,481 shares during the quarter. Fair Isaac makes up about 0.4% of American Century Companies Inc.’s portfolio, making the stock its 25th largest holding. American Century Companies Inc.’s holdings in Fair Isaac were worth $734,892,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. First National Bank of Omaha acquired a new stake in shares of Fair Isaac during the third quarter worth $1,576,000. National Bank of Canada FI increased its position in shares of Fair Isaac by 51.9% during the third quarter. National Bank of Canada FI now owns 19,817 shares of the technology company’s stock worth $38,514,000 after buying an additional 6,768 shares during the period. Donoghue Forlines LLC acquired a new stake in shares of Fair Isaac during the fourth quarter worth $1,935,000. BNP Paribas acquired a new stake in shares of Fair Isaac during the third quarter worth $445,000. Finally, Czech National Bank boosted its stake in Fair Isaac by 5.7% during the fourth quarter. Czech National Bank now owns 5,280 shares of the technology company’s stock worth $10,512,000 after acquiring an additional 286 shares in the last quarter. 85.75% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, CEO William J. Lansing sold 6,010 shares of the firm’s stock in a transaction dated Tuesday, February 11th. The shares were sold at an average price of $1,804.23, for a total transaction of $10,843,422.30. Following the completion of the sale, the chief executive officer now owns 42,138 shares in the company, valued at approximately $76,026,643.74. This trade represents a 12.48 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CFO Steven P. Weber sold 139 shares of the firm’s stock in a transaction dated Thursday, January 9th. The stock was sold at an average price of $1,964.42, for a total transaction of $273,054.38. Following the sale, the chief financial officer now 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 10,241 shares of company stock worth $18,186,184 over the last quarter. Insiders own 3.46% of the company’s stock.

Fair Isaac Price Performance

Shares of FICO stock opened at $1,857.48 on Friday. The firm has a 50-day moving average of $1,835.24 and a 200-day moving average of $1,984.50. The company has a market cap of $45.36 billion, a P/E ratio of 85.24, a P/E/G ratio of 3.27 and a beta of 1.41. Fair Isaac Co. has a one year low of $1,105.65 and a one year high of $2,402.52.

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 30.66% and a negative return on equity of 53.40%. As a group, research analysts expect that Fair Isaac Co. will post 24.15 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several brokerages recently issued reports on FICO. JPMorgan Chase & Co. began coverage on shares of Fair Isaac in a research note on Friday, December 20th. They set a “neutral” rating and a $2,150.00 target price on the stock. Oppenheimer cut their target price on shares of Fair Isaac from $2,515.00 to $2,409.00 and set an “outperform” rating on the stock in a research note on Tuesday, January 7th. UBS Group cut 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 research note on Monday, January 27th. Royal Bank of Canada raised shares of Fair Isaac from a “sector perform” rating to an “outperform” rating and increased their target price for the stock from $2,040.00 to $2,170.00 in a research note on Wednesday, February 26th. Finally, Needham & Company LLC reaffirmed a “buy” rating and issued a $2,500.00 price objective on shares of Fair Isaac in a research note on Wednesday, February 5th. Four investment analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. According to data from MarketBeat, Fair Isaac currently has an average rating of “Moderate Buy” and a consensus target price of $2,088.15.

About Fair Isaac

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.