Natixis Advisors LLC Raises Position in Fair Isaac Co. (NYSE:FICO)

Natixis Advisors LLC grew its holdings in shares of Fair Isaac Co. (NYSE:FICO) by 2.7% during the fourth quarter, HoldingsChannel reports. The firm owned 10,649 shares of the technology company’s stock after purchasing an additional 280 shares during the quarter. Natixis Advisors LLC’s holdings in Fair Isaac were worth $21,201,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in FICO. Wealthfront Advisers LLC lifted its stake in shares of Fair Isaac by 5,217.6% during the 4th quarter. Wealthfront Advisers LLC now owns 147,031 shares of the technology company’s stock worth $292,728,000 after purchasing an additional 144,266 shares during the period. Proficio Capital Partners LLC purchased a new position in shares of Fair Isaac during the 4th quarter worth $261,610,000. Raymond James Financial Inc. purchased a new position in shares of Fair Isaac during the 4th quarter worth $199,441,000. FMR LLC lifted 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 purchasing an additional 65,297 shares during the period. Finally, Jennison Associates LLC lifted 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 purchasing an additional 62,653 shares during the period. Hedge funds and other institutional investors own 85.75% of the company’s stock.

Fair Isaac Trading Up 2.6 %

Shares of NYSE FICO opened at $1,846.45 on Tuesday. Fair Isaac Co. has a 12-month low of $1,105.65 and a 12-month high of $2,402.52. The company has a market cap of $45.09 billion, a P/E ratio of 84.74, a P/E/G ratio of 3.27 and a beta of 1.41. The stock has a fifty day moving average price of $1,842.79 and a 200 day moving average price of $1,984.72.

Fair Isaac (NYSE:FICO) last announced its earnings results 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%. On average, sell-side analysts forecast that Fair Isaac Co. will post 24.15 EPS for the current fiscal year.

Insider Activity

In other news, CEO William J. Lansing sold 4,092 shares of the stock in a transaction dated Tuesday, March 11th. The shares were sold at an average price of $1,727.69, for a total transaction of $7,069,707.48. Following the transaction, the chief executive officer now owns 42,138 shares of the company’s stock, valued at approximately $72,801,401.22. This trade represents a 8.85 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 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 transaction, the chief financial officer now directly owns 2,478 shares in the company, valued at $4,867,832.76. The trade was a 5.31 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 10,241 shares of company stock worth $18,186,184 over the last ninety days. Corporate insiders own 3.46% of the company’s stock.

Wall Street Analyst Weigh In

FICO has been the topic of a number of recent analyst reports. Wells Fargo & Company reduced their price target on Fair Isaac from $2,650.00 to $2,600.00 and set an “overweight” rating on the stock in a research note on Wednesday, February 5th. Needham & Company LLC restated a “buy” rating and set a $2,500.00 price objective on shares of Fair Isaac in a report on Wednesday, February 5th. The Goldman Sachs Group upped their price objective 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 Fair Isaac in a report on Friday, December 20th. They set a “neutral” rating and a $2,150.00 price objective for the company. Finally, UBS Group dropped their price objective on Fair Isaac from $2,250.00 to $2,100.00 and set a “neutral” rating for the company in a report on Monday, January 27th. Four equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $2,088.15.

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.