Nomura Asset Management Co. Ltd. grew its stake in Fair Isaac Corporation (NYSE:FICO) by 3.5% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 149,300 shares of the technology company’s stock after buying an additional 5,100 shares during the quarter. Nomura Asset Management Co. Ltd. owned 0.50% of Fair Isaac worth $20,977,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the company. Northwestern Mutual Investment Management Company LLC raised its holdings in shares of Fair Isaac by 0.6% during the second quarter. Northwestern Mutual Investment Management Company LLC now owns 5,383 shares of the technology company’s stock valued at $608,000 after acquiring an additional 31 shares during the last quarter. World Asset Management Inc grew its position in shares of Fair Isaac by 1.7% in the second quarter. World Asset Management Inc now owns 1,955 shares of the technology company’s stock valued at $273,000 after purchasing an additional 33 shares in the last quarter. 1st Global Advisors Inc. grew its position in shares of Fair Isaac by 1.3% in the second quarter. 1st Global Advisors Inc. now owns 3,069 shares of the technology company’s stock valued at $428,000 after purchasing an additional 40 shares in the last quarter. Ameritas Investment Partners Inc. grew its position in shares of Fair Isaac by 0.5% in the second quarter. Ameritas Investment Partners Inc. now owns 11,860 shares of the technology company’s stock valued at $1,653,000 after purchasing an additional 58 shares in the last quarter. Finally, Raymond James Financial Services Advisors Inc. grew its position in shares of Fair Isaac by 2.2% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 3,068 shares of the technology company’s stock valued at $428,000 after purchasing an additional 66 shares in the last quarter. 90.02% of the stock is owned by institutional investors and hedge funds.

A number of equities research analysts have recently issued reports on FICO shares. BidaskClub upgraded Fair Isaac from a “strong sell” rating to a “sell” rating in a research report on Wednesday, September 27th. Barclays increased their price objective on Fair Isaac from $135.00 to $140.00 and gave the stock an “equal weight” rating in a research report on Thursday, November 2nd. Finally, Zacks Investment Research upgraded Fair Isaac from a “hold” rating to a “buy” rating and set a $164.00 price objective for the company in a research report on Monday, October 16th.

In other Fair Isaac news, Director Joanna Rees purchased 3,000 shares of the business’s stock in a transaction on Thursday, November 9th. The shares were bought at an average cost of $152.00 per share, for a total transaction of $456,000.00. Following the completion of the purchase, the director now directly owns 4,989 shares in the company, valued at $758,328. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director A George Battle sold 5,000 shares of the firm’s stock in a transaction on Friday, November 3rd. The shares were sold at an average price of $150.46, for a total value of $752,300.00. Following the completion of the sale, the director now owns 21,259 shares in the company, valued at $3,198,629.14. The disclosure for this sale can be found here. 5.60% of the stock is currently owned by company insiders.

Fair Isaac Corporation (NYSE:FICO) traded down $1.21 during trading hours on Tuesday, reaching $156.29. The company’s stock had a trading volume of 127,300 shares, compared to its average volume of 155,035. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 1.09. Fair Isaac Corporation has a one year low of $112.14 and a one year high of $159.00. The firm has a market capitalization of $4,723.46, a PE ratio of 39.67, a price-to-earnings-growth ratio of 4.27 and a beta of 1.26.

Fair Isaac (NYSE:FICO) last released its quarterly earnings results on Wednesday, November 1st. The technology company reported $1.65 EPS for the quarter, topping analysts’ consensus estimates of $1.17 by $0.48. Fair Isaac had a return on equity of 30.03% and a net margin of 13.76%. The company had revenue of $253.21 million for the quarter, compared to analysts’ expectations of $249.11 million. During the same period in the prior year, the firm earned $1.28 earnings per share. The firm’s revenue was up 7.4% compared to the same quarter last year. equities analysts predict that Fair Isaac Corporation will post 3.68 earnings per share for the current fiscal year.

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Fair Isaac Company Profile

Fair Isaac Corporation (FICO) is a provider of analytic, software and data management products and services that enable businesses to automate and connect decisions. The Company operates through three segments: Applications, Scores and Decision Management Software. The Applications segment includes pre-configured decision management applications designed for a specific type of business problem or process, such as marketing, account origination, customer management, fraud, collections and insurance claims management.

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Institutional Ownership by Quarter for Fair Isaac (NYSE:FICO)

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