Fair Isaac Co. (NYSE:FICO) Shares Sold by Public Employees Retirement Association of Colorado

Public Employees Retirement Association of Colorado decreased its holdings in shares of Fair Isaac Co. (NYSE:FICO) by 9.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 17,035 shares of the technology company’s stock after selling 1,688 shares during the period. Public Employees Retirement Association of Colorado owned about 0.07% of Fair Isaac worth $33,915,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently added to or reduced their stakes in the company. Rakuten Securities Inc. increased its stake in shares of Fair Isaac by 160.0% during the fourth quarter. Rakuten Securities Inc. now owns 13 shares of the technology company’s stock worth $26,000 after purchasing an additional 8 shares in the last quarter. Pinnacle Holdings LLC acquired a new stake in Fair Isaac in the 4th quarter worth about $26,000. Berbice Capital Management LLC purchased a new stake in Fair Isaac during the 4th quarter worth approximately $40,000. Avalon Trust Co acquired a new position in shares of Fair Isaac during the fourth quarter valued at approximately $40,000. Finally, OFI Invest Asset Management purchased a new position in shares of Fair Isaac in the fourth quarter valued at approximately $42,000. Institutional investors and hedge funds own 85.75% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on FICO shares. Oppenheimer decreased their price target on shares of Fair Isaac from $2,515.00 to $2,409.00 and set an “outperform” rating on the stock in a research note on Tuesday, January 7th. Bank of America started coverage on shares of Fair Isaac in a research note on Thursday, April 10th. They issued a “buy” rating and a $2,800.00 target price on the stock. Royal Bank of Canada upgraded Fair Isaac from a “sector perform” rating to an “outperform” rating and upped their price target for the company from $2,040.00 to $2,170.00 in a research report on Wednesday, February 26th. Barclays lowered their price objective on Fair Isaac from $2,350.00 to $2,250.00 and set an “overweight” rating on the stock in a research note on Friday, April 4th. Finally, Needham & Company LLC reaffirmed a “buy” rating and issued a $2,500.00 target price on shares of Fair Isaac in a research note on Friday, April 11th. Three analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. Based on data from MarketBeat, Fair Isaac presently has an average rating of “Moderate Buy” and an average price target of $2,276.25.

Insider Buying and Selling at Fair Isaac

In other Fair Isaac news, CEO William J. Lansing sold 6,010 shares of the business’s stock in a transaction on Tuesday, February 11th. The shares were sold at an average price of $1,804.23, for a total value of $10,843,422.30. Following the completion of the transaction, the chief executive officer now owns 42,138 shares in the company, valued at $76,026,643.74. The trade was a 12.48 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Insiders sold a total of 13,058 shares of company stock valued at $23,119,030 in the last three months. 3.46% of the stock is owned by corporate insiders.

Fair Isaac Stock Performance

NYSE:FICO opened at $1,952.85 on Friday. Fair Isaac Co. has a fifty-two week low of $1,112.65 and a fifty-two week high of $2,402.52. The company has a 50 day moving average price of $1,832.51 and a 200 day moving average price of $1,979.14. The stock has a market capitalization of $47.68 billion, a P/E ratio of 89.62, a PEG ratio of 3.27 and a beta of 1.37.

Fair Isaac (NYSE:FICO) last released its quarterly earnings results 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 negative return on equity of 53.40% and a net margin of 30.66%. Research analysts forecast that Fair Isaac Co. will post 24.15 earnings per share 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.