AustralianSuper Pty Ltd Has $204.78 Million Stock Position in Fair Isaac Co. (NYSE:FICO)

AustralianSuper Pty Ltd raised its position in shares of Fair Isaac Co. (NYSE:FICO) by 40.4% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 102,858 shares of the technology company’s stock after purchasing an additional 29,582 shares during the quarter. Fair Isaac makes up approximately 1.0% of AustralianSuper Pty Ltd’s investment portfolio, making the stock its 21st largest holding. AustralianSuper Pty Ltd’s holdings in Fair Isaac were worth $204,783,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the company. Capital Performance Advisors LLP bought a new stake in shares of Fair Isaac during the 3rd quarter valued at about $25,000. True Wealth Design LLC boosted its stake in Fair Isaac by 900.0% during the third quarter. True Wealth Design LLC now owns 20 shares of the technology company’s stock worth $39,000 after acquiring an additional 18 shares in the last quarter. Berbice Capital Management LLC acquired a new stake in Fair Isaac in the fourth quarter worth $40,000. Meeder Asset Management Inc. raised its holdings in shares of Fair Isaac by 37.5% during the third quarter. Meeder Asset Management Inc. now owns 22 shares of the technology company’s stock valued at $43,000 after purchasing an additional 6 shares during the period. Finally, Versant Capital Management Inc raised its holdings in shares of Fair Isaac by 500.0% during the fourth quarter. Versant Capital Management Inc now owns 24 shares of the technology company’s stock valued at $48,000 after purchasing an additional 20 shares during the period. Institutional investors own 85.75% of the company’s stock.

Analyst Ratings Changes

Several analysts recently issued reports on the stock. UBS Group reduced their price target on shares of Fair Isaac from $2,250.00 to $2,100.00 and set a “neutral” rating for the company in a research report on Monday, January 27th. Jefferies Financial Group cut their price target on Fair Isaac from $2,275.00 to $2,175.00 and set a “buy” rating for the company in a research note on Wednesday, February 5th. Oppenheimer decreased their price objective on Fair Isaac from $2,515.00 to $2,409.00 and set an “outperform” rating for the company in a report on Tuesday, January 7th. Robert W. Baird cut their target price on Fair Isaac from $1,975.00 to $1,775.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 5th. Finally, JPMorgan Chase & Co. assumed coverage on Fair Isaac in a research report on Friday, December 20th. They issued a “neutral” rating and a $2,150.00 price target for the company. Five research analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Fair Isaac currently has an average rating of “Moderate Buy” and a consensus price target of $2,078.15.

Fair Isaac Stock Performance

Shares of FICO stock opened at $1,803.38 on Friday. The firm’s 50-day simple moving average is $1,974.56 and its two-hundred day simple moving average is $1,965.25. Fair Isaac Co. has a 52 week low of $1,105.65 and a 52 week high of $2,402.51. The firm has a market cap of $44.04 billion, a price-to-earnings ratio of 82.76, a P/E/G ratio of 3.61 and a beta of 1.39.

Fair Isaac (NYSE:FICO) last announced its quarterly earnings data on Tuesday, February 4th. The technology company reported $4.15 earnings per share 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%. Analysts forecast that Fair Isaac Co. will post 23.91 earnings per share for the current year.

Insider Activity at Fair Isaac

In other news, CEO William J. Lansing sold 6,010 shares of the company’s stock in a transaction dated Tuesday, February 11th. The stock was sold at an average price of $1,804.23, for a total transaction of $10,843,422.30. Following the sale, the chief executive officer now directly owns 42,138 shares in the company, valued at $76,026,643.74. This represents a 12.48 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CFO Steven P. Weber sold 139 shares of the stock in a transaction that occurred on 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 completion of the sale, the chief financial officer now owns 2,478 shares in the company, valued at $4,867,832.76. This represents a 5.31 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 16,670 shares of company stock worth $35,253,683. Company insiders own 3.46% of the company’s stock.

Fair Isaac 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.