TD Asset Management Inc. Buys 1,749 Shares of Fair Isaac Co. (NYSE:FICO)

TD Asset Management Inc. lifted its stake in shares of Fair Isaac Co. (NYSE:FICO) by 2.7% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 66,156 shares of the technology company’s stock after purchasing an additional 1,749 shares during the period. TD Asset Management Inc. owned 0.27% of Fair Isaac worth $131,712,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Rakuten Securities Inc. lifted its stake in Fair Isaac by 160.0% in the fourth quarter. Rakuten Securities Inc. now owns 13 shares of the technology company’s stock valued at $26,000 after acquiring an additional 8 shares during the last quarter. True Wealth Design LLC lifted its stake in Fair Isaac by 900.0% in the 3rd quarter. True Wealth Design LLC now owns 20 shares of the technology company’s stock valued at $39,000 after purchasing an additional 18 shares during the last quarter. Berbice Capital Management LLC bought a new position in Fair Isaac during the fourth quarter worth about $40,000. Avalon Trust Co acquired a new position in Fair Isaac during the fourth quarter worth approximately $40,000. Finally, OFI Invest Asset Management bought a new stake in Fair Isaac in the fourth quarter valued at approximately $42,000. Institutional investors and hedge funds own 85.75% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on the company. The Goldman Sachs Group boosted their target price 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. JPMorgan Chase & Co. assumed coverage on shares of Fair Isaac in a research report on Friday, December 20th. They issued a “neutral” rating and a $2,150.00 price objective on the stock. Oppenheimer reduced their target price on shares of 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. Jefferies Financial Group lowered their price target on shares of Fair Isaac from $2,275.00 to $2,175.00 and set a “buy” rating on the stock in a report on Wednesday, February 5th. Finally, Wells Fargo & Company reduced their price objective on Fair Isaac from $2,650.00 to $2,600.00 and set an “overweight” rating for the company in a report on Wednesday, February 5th. Four research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $2,088.15.

Fair Isaac Stock Performance

NYSE:FICO opened at $1,922.85 on Wednesday. Fair Isaac Co. has a fifty-two week low of $1,105.65 and a fifty-two week high of $2,402.52. The company has a market cap of $46.95 billion, a price-to-earnings ratio of 88.24, a PEG ratio of 3.27 and a beta of 1.41. The stock has a fifty day moving average price of $1,834.60 and a 200-day moving average price of $1,990.58.

Fair Isaac (NYSE:FICO) last announced its quarterly earnings data on Tuesday, February 4th. The technology company reported $4.15 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $6.21 by ($2.06). Fair Isaac had a negative return on equity of 53.40% and a net margin of 30.66%. Research analysts predict that Fair Isaac Co. will post 24.15 EPS for the current fiscal year.

Insider Activity at Fair Isaac

In other Fair Isaac news, CEO William J. Lansing sold 6,010 shares of the business’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 completion of the transaction, the chief executive officer now 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Steven P. Weber sold 139 shares of the 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 completion of the transaction, the chief financial officer now directly 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 have sold 10,241 shares of company stock valued at $18,186,184 over the last three months. 3.46% of the stock is owned by insiders.

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.