Point72 Hong Kong Ltd trimmed its holdings in shares of Fair Isaac Co. (NYSE:FICO) by 62.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 898 shares of the technology company’s stock after selling 1,520 shares during the quarter. Point72 Hong Kong Ltd’s holdings in Fair Isaac were worth $336,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also bought and sold shares of the stock. Kayne Anderson Rudnick Investment Management LLC lifted its stake in shares of Fair Isaac by 166.9% in the 4th quarter. Kayne Anderson Rudnick Investment Management LLC now owns 268,583 shares of the technology company’s stock valued at $100,633,000 after acquiring an additional 167,957 shares during the last quarter. Principal Financial Group Inc. lifted its holdings in shares of Fair Isaac by 0.3% during the 4th quarter. Principal Financial Group Inc. now owns 261,330 shares of the technology company’s stock valued at $97,915,000 after buying an additional 838 shares during the period. Marshall Wace North America L.P. lifted its holdings in shares of Fair Isaac by 62.1% during the 4th quarter. Marshall Wace North America L.P. now owns 218,181 shares of the technology company’s stock valued at $81,748,000 after buying an additional 83,592 shares during the period. Westfield Capital Management Co. LP lifted its holdings in shares of Fair Isaac by 1.2% during the 4th quarter. Westfield Capital Management Co. LP now owns 203,190 shares of the technology company’s stock valued at $76,131,000 after buying an additional 2,319 shares during the period. Finally, Handelsbanken Fonder AB lifted its holdings in shares of Fair Isaac by 4.1% during the 4th quarter. Handelsbanken Fonder AB now owns 181,800 shares of the technology company’s stock valued at $68,117,000 after buying an additional 7,100 shares during the period. Institutional investors and hedge funds own 84.77% of the company’s stock.

Several research firms have recently weighed in on FICO. William Blair reissued a “buy” rating on shares of Fair Isaac in a report on Monday, March 16th. Wells Fargo & Co increased their price target on shares of Fair Isaac from $415.00 to $500.00 and gave the company an “overweight” rating in a report on Friday, January 31st. Barclays reaffirmed a “buy” rating and issued a $425.00 price target on shares of Fair Isaac in a report on Wednesday, December 18th. Robert W. Baird increased their price target on shares of Fair Isaac from $365.00 to $450.00 and gave the company an “outperform” rating in a report on Friday, January 31st. Finally, ValuEngine raised shares of Fair Isaac from a “sell” rating to a “hold” rating in a report on Tuesday, March 17th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and four have issued a buy rating to the stock. Fair Isaac has an average rating of “Hold” and an average price target of $424.00.

In other Fair Isaac news, Director Braden R. Kelly sold 371 shares of the stock in a transaction that occurred on Tuesday, February 11th. The shares were sold at an average price of $421.00, for a total transaction of $156,191.00. Following the sale, the director now directly owns 13,587 shares in the company, valued at approximately $5,720,127. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, CEO William J. Lansing sold 24,299 shares of the stock in a transaction that occurred on Tuesday, January 21st. The stock was sold at an average price of $407.92, for a total transaction of $9,912,048.08. Following the sale, the chief executive officer now owns 185,853 shares in the company, valued at $75,813,155.76. The disclosure for this sale can be found here. In the last three months, insiders sold 110,789 shares of company stock valued at $44,101,440. Corporate insiders own 3.81% of the company’s stock.

NYSE FICO traded down $0.38 on Wednesday, hitting $268.93. The stock had a trading volume of 310,800 shares, compared to its average volume of 297,416. The business’s fifty day moving average price is $359.52 and its 200 day moving average price is $352.02. The company has a debt-to-equity ratio of 3.40, a current ratio of 1.04 and a quick ratio of 1.04. Fair Isaac Co. has a 52-week low of $177.65 and a 52-week high of $436.69. The stock has a market cap of $6.74 billion, a price-to-earnings ratio of 39.32 and a beta of 1.08.

Fair Isaac (NYSE:FICO) last announced its quarterly earnings data on Thursday, January 30th. The technology company reported $1.80 earnings per share for the quarter, missing analysts’ consensus estimates of $1.86 by ($0.06). The company had revenue of $298.50 million for the quarter, compared to analysts’ expectations of $287.53 million. Fair Isaac had a net margin of 17.31% and a return on equity of 76.72%. Fair Isaac’s quarterly revenue was up 13.8% compared to the same quarter last year. During the same period last year, the firm earned $1.45 earnings per share. As a group, sell-side analysts anticipate that Fair Isaac Co. will post 5.98 EPS for the current year.

Fair Isaac Profile

Fair Isaac Corporation develops analytic, software, and data management products and services that enable businesses to automate, enhance, and connect decisions. The company offers analytical solutions, credit scoring, and credit account management products and services to banks, credit reporting agencies, credit card processing agencies, insurers, retailers, healthcare organizations, and public agencies.

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

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