Nebula Research & Development LLC Takes Position in Fair Isaac Co. (NYSE:FICO)

Nebula Research & Development LLC purchased a new position in Fair Isaac Co. (NYSE:FICO) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 1,276 shares of the technology company’s stock, valued at approximately $2,540,000.

Several other institutional investors also recently added to or reduced their stakes in FICO. Norges Bank purchased a new position in Fair Isaac in the fourth quarter valued at about $442,369,000. Wealthfront Advisers LLC raised its holdings in shares of Fair Isaac by 5,217.6% in 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 Fair Isaac in the fourth quarter valued at approximately $261,610,000. Arrowstreet Capital Limited Partnership grew its holdings in Fair Isaac by 376.1% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 161,628 shares of the technology company’s stock valued at $321,790,000 after purchasing an additional 127,679 shares during the period. Finally, Raymond James Financial Inc. purchased a new stake in Fair Isaac in the fourth quarter worth $199,441,000. Institutional investors own 85.75% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on FICO shares. Oppenheimer dropped their price target on Fair Isaac from $2,515.00 to $2,409.00 and set an “outperform” rating on the stock in a research report on Tuesday, January 7th. Bank of America began coverage on shares of Fair Isaac in a research report on Thursday, April 10th. They set a “buy” rating and a $2,800.00 target price for the company. 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 research report on Wednesday, February 5th. Needham & Company LLC reaffirmed a “buy” rating and issued a $2,500.00 price objective on shares of Fair Isaac in a report on Friday, April 11th. Finally, Robert W. Baird lowered their target price on shares of Fair Isaac from $1,975.00 to $1,775.00 and set a “neutral” rating on the stock in a report on Wednesday, February 5th. Three research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $2,210.23.

Fair Isaac Stock Up 0.5 %

Shares of NYSE FICO opened at $1,936.28 on Friday. The stock’s 50-day simple moving average is $1,829.29 and its two-hundred day simple moving average is $1,979.68. Fair Isaac Co. has a twelve month low of $1,105.65 and a twelve month high of $2,402.52. The firm has a market capitalization of $47.28 billion, a P/E ratio of 88.86, a P/E/G ratio of 3.27 and a beta of 1.37.

Fair Isaac (NYSE:FICO) last posted 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 negative return on equity of 53.40% and a net margin of 30.66%. As a group, research analysts anticipate that Fair Isaac Co. will post 24.15 EPS for the current fiscal year.

Insider Transactions at Fair Isaac

In related news, CEO William J. Lansing sold 4,092 shares of the business’s stock in a transaction that occurred on Tuesday, March 11th. The stock was sold at an average price of $1,727.69, for a total value of $7,069,707.48. Following the completion of the sale, the chief executive officer now owns 42,138 shares in the company, valued at $72,801,401.22. The trade was a 8.85 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. In the last three months, insiders sold 13,058 shares of company stock worth $23,119,030. 3.46% of the stock is currently owned by corporate 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.