Union Bancaire Privee UBP SA Acquires New Shares in Fair Isaac Co. (NYSE:FICO)

Union Bancaire Privee UBP SA acquired a new stake in Fair Isaac Co. (NYSE:FICO) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 578 shares of the technology company’s stock, valued at approximately $1,178,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Fjarde AP Fonden Fourth Swedish National Pension Fund increased its holdings in Fair Isaac by 22.7% in the fourth quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 5,950 shares of the technology company’s stock valued at $11,846,000 after purchasing an additional 1,100 shares during the last quarter. WESPAC Advisors LLC increased its holdings in Fair Isaac by 18.5% in the fourth quarter. WESPAC Advisors LLC now owns 474 shares of the technology company’s stock valued at $944,000 after purchasing an additional 74 shares during the last quarter. Suncoast Equity Management increased its holdings in shares of Fair Isaac by 10.6% in the fourth quarter. Suncoast Equity Management now owns 1,434 shares of the technology company’s stock worth $2,855,000 after acquiring an additional 138 shares in the last quarter. RPS Advisory Solutions LLC bought a new stake in shares of Fair Isaac in the fourth quarter worth about $432,000. Finally, ING Groep NV increased its holdings in shares of Fair Isaac by 356.6% in the fourth quarter. ING Groep NV now owns 3,662 shares of the technology company’s stock worth $7,291,000 after acquiring an additional 2,860 shares in the last quarter. Institutional investors own 85.75% of the company’s stock.

Insider Activity at Fair Isaac

In other news, EVP James M. Wehmann sold 3,500 shares of the firm’s stock in a transaction that occurred on Thursday, December 5th. The stock was sold at an average price of $2,373.85, for a total value of $8,308,475.00. Following the completion of the sale, the executive vice president now directly owns 45,395 shares of the company’s stock, valued at $107,760,920.75. This trade represents a 7.16 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, CEO William J. Lansing sold 6,010 shares of the firm’s stock in a transaction that occurred 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 completion of the sale, the chief executive officer now directly owns 42,138 shares of the company’s stock, valued at approximately $76,026,643.74. The trade was a 12.48 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 13,170 shares of company stock valued at $27,132,248. Insiders own 3.46% of the company’s stock.

Analyst Ratings Changes

FICO has been the subject of several recent analyst reports. JPMorgan Chase & Co. initiated coverage on Fair Isaac in a report on Friday, December 20th. They issued a “neutral” rating and a $2,150.00 price target for the company. Jefferies Financial Group lowered their price target on Fair Isaac from $2,275.00 to $2,175.00 and set a “buy” rating for the company in a report on Wednesday, February 5th. UBS Group lowered their price target on Fair Isaac from $2,250.00 to $2,100.00 and set a “neutral” rating for the company in a report on Monday, January 27th. Barclays increased their price target on Fair Isaac from $2,150.00 to $2,350.00 and gave the stock an “overweight” rating in a report on Thursday, November 7th. Finally, The Goldman Sachs Group increased their price target on Fair Isaac from $2,374.00 to $2,661.00 and gave the stock a “buy” rating in a report on Thursday, December 5th. Five equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $2,078.15.

Fair Isaac Price Performance

FICO stock opened at $1,697.04 on Monday. The business has a 50-day moving average of $1,919.33 and a 200-day moving average of $1,976.72. Fair Isaac Co. has a fifty-two week low of $1,105.65 and a fifty-two week high of $2,402.51. The stock has a market capitalization of $41.44 billion, a P/E ratio of 77.88, a P/E/G ratio of 3.27 and a beta of 1.39.

Fair Isaac (NYSE:FICO) last issued its quarterly 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%. Equities analysts expect that Fair Isaac Co. will post 24.15 EPS for the current year.

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.