Yousif Capital Management LLC Has $4.26 Million Stock Position in Fair Isaac Co. (NYSE:FICO)

Yousif Capital Management LLC decreased its position in Fair Isaac Co. (NYSE:FICO) by 16.2% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 3,662 shares of the technology company’s stock after selling 709 shares during the period. Yousif Capital Management LLC’s holdings in Fair Isaac were worth $4,263,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Kayne Anderson Rudnick Investment Management LLC grew its holdings in shares of Fair Isaac by 1.0% in the 3rd quarter. Kayne Anderson Rudnick Investment Management LLC now owns 457,738 shares of the technology company’s stock valued at $397,560,000 after buying an additional 4,584 shares during the period. International Assets Investment Management LLC lifted its position in Fair Isaac by 112,366.2% in the 4th quarter. International Assets Investment Management LLC now owns 399,255 shares of the technology company’s stock valued at $464,737,000 after acquiring an additional 398,900 shares in the last quarter. American Century Companies Inc. lifted its position in Fair Isaac by 39.6% in the 3rd quarter. American Century Companies Inc. now owns 366,865 shares of the technology company’s stock valued at $318,633,000 after acquiring an additional 104,161 shares in the last quarter. Invesco Ltd. lifted its position in Fair Isaac by 13.6% in the 3rd quarter. Invesco Ltd. now owns 359,549 shares of the technology company’s stock valued at $312,279,000 after acquiring an additional 42,998 shares in the last quarter. Finally, Northern Trust Corp lifted its position in Fair Isaac by 2.0% in the 3rd quarter. Northern Trust Corp now owns 271,382 shares of the technology company’s stock valued at $235,703,000 after acquiring an additional 5,228 shares in the last quarter. Institutional investors and hedge funds own 85.75% of the company’s stock.

Insider Activity at Fair Isaac

In related news, CEO William J. Lansing sold 8,000 shares of the company’s stock in a transaction dated Tuesday, February 20th. The shares were sold at an average price of $1,259.91, for a total value of $10,079,280.00. Following the transaction, the chief executive officer now owns 28,638 shares in the company, valued at approximately $36,081,302.58. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. In the last 90 days, insiders have sold 24,000 shares of company stock worth $29,011,120. Insiders own 3.54% of the company’s stock.

Analyst Ratings Changes

FICO has been the topic of several research reports. Barclays boosted their price objective on shares of Fair Isaac from $1,234.00 to $1,500.00 and gave the company an “overweight” rating in a research report on Friday, January 26th. Royal Bank of Canada reissued a “sector perform” rating and set a $1,350.00 price target on shares of Fair Isaac in a research report on Friday, January 26th. Needham & Company LLC reissued a “buy” rating and set a $1,500.00 price target on shares of Fair Isaac in a research report on Monday, April 22nd. Jefferies Financial Group boosted their price target on shares of Fair Isaac from $1,210.00 to $1,450.00 and gave the stock a “buy” rating in a research report on Wednesday, January 17th. Finally, Raymond James boosted their price target on shares of Fair Isaac from $1,413.00 to $1,418.00 and gave the stock an “outperform” rating in a research report on Friday. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and six have assigned a buy rating to the company. According to MarketBeat.com, Fair Isaac presently has a consensus rating of “Moderate Buy” and a consensus price target of $1,182.09.

Fair Isaac Price Performance

Fair Isaac stock opened at $1,110.85 on Friday. The firm has a market capitalization of $27.60 billion, a PE ratio of 58.31, a P/E/G ratio of 2.65 and a beta of 1.21. The company’s 50-day moving average is $1,237.78 and its 200-day moving average is $1,149.19. Fair Isaac Co. has a fifty-two week low of $714.63 and a fifty-two week high of $1,349.75.

Fair Isaac (NYSE:FICO) last announced its quarterly earnings results on Thursday, January 25th. The technology company reported $3.87 EPS for the quarter, beating analysts’ consensus estimates of $3.76 by $0.11. Fair Isaac had a net margin of 29.99% and a negative return on equity of 62.94%. The business had revenue of $382.06 million for the quarter, compared to analyst estimates of $386.55 million. As a group, analysts expect that Fair Isaac Co. will post 19.93 EPS for the current 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.