Crew Capital Management Ltd. Acquires 231 Shares of Fair Isaac Co. (NYSE:FICO)

Crew Capital Management Ltd. grew its holdings in Fair Isaac Co. (NYSE:FICO) by 92.0% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 482 shares of the technology company’s stock after purchasing an additional 231 shares during the quarter. Crew Capital Management Ltd.’s holdings in Fair Isaac were worth $960,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of FICO. Proficio Capital Partners LLC bought a new stake in shares of Fair Isaac in the 4th quarter valued at about $261,610,000. FMR LLC raised its stake in shares of Fair Isaac by 46.1% during the 3rd quarter. FMR LLC now owns 207,026 shares of the technology company’s stock worth $402,358,000 after acquiring an additional 65,297 shares in the last quarter. Jennison Associates LLC raised its stake in shares of Fair Isaac by 35.1% during the 3rd quarter. Jennison Associates LLC now owns 241,149 shares of the technology company’s stock worth $468,677,000 after acquiring an additional 62,653 shares in the last quarter. National Pension Service raised its stake in shares of Fair Isaac by 104.9% during the 4th quarter. National Pension Service now owns 79,248 shares of the technology company’s stock worth $157,777,000 after acquiring an additional 40,574 shares in the last quarter. Finally, Mizuho Securities USA LLC raised its stake in shares of Fair Isaac by 1,845.2% during the 3rd quarter. Mizuho Securities USA LLC now owns 37,133 shares of the technology company’s stock worth $72,169,000 after acquiring an additional 35,224 shares in the last quarter. Institutional investors own 85.75% of the company’s stock.

Insider Activity

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

Analysts Set New Price Targets

Several research analysts recently commented on FICO shares. The Goldman Sachs Group boosted their price objective on shares of Fair Isaac from $2,374.00 to $2,661.00 and gave the stock a “buy” rating in a research note on Thursday, December 5th. Needham & Company LLC reiterated a “buy” rating and set a $2,500.00 price objective on shares of Fair Isaac in a research note on Wednesday, February 5th. Oppenheimer reduced their price objective on shares of Fair Isaac from $2,515.00 to $2,409.00 and set an “outperform” rating for the company in a research note on Tuesday, January 7th. Barclays boosted their price objective on shares of Fair Isaac from $2,150.00 to $2,350.00 and gave the stock an “overweight” rating in a research note on Thursday, November 7th. Finally, JPMorgan Chase & Co. began coverage on shares of Fair Isaac in a research note on Friday, December 20th. They set a “neutral” rating and a $2,150.00 price objective for the company. Four analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $2,088.15.

Fair Isaac Trading Up 0.7 %

NYSE:FICO opened at $1,877.17 on Wednesday. The company’s 50 day moving average is $1,883.11 and its two-hundred day moving average is $1,981.04. The company has a market cap of $45.84 billion, a PE ratio of 86.15, a P/E/G ratio of 3.27 and a beta of 1.39. Fair Isaac Co. has a twelve month low of $1,105.65 and a twelve month high of $2,402.52.

Fair Isaac (NYSE:FICO) last released its quarterly earnings data 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%. As a group, analysts expect that Fair Isaac Co. will post 24.15 EPS for the current fiscal year.

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.