Oregon Public Employees Retirement Fund Purchases 654 Shares of Fair Isaac Corporation $FICO

Oregon Public Employees Retirement Fund grew its position in Fair Isaac Corporation (NYSE:FICO) by 31.1% in the third quarter, HoldingsChannel.com reports. The fund owned 2,756 shares of the technology company’s stock after buying an additional 654 shares during the quarter. Oregon Public Employees Retirement Fund’s holdings in Fair Isaac were worth $4,124,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Westside Investment Management Inc. acquired a new stake in Fair Isaac during the 2nd quarter valued at $26,000. ORG Partners LLC acquired a new position in Fair Isaac in the second quarter worth $27,000. Hilltop National Bank bought a new stake in shares of Fair Isaac during the second quarter worth $27,000. Ransom Advisory Ltd acquired a new stake in shares of Fair Isaac in the third quarter valued at $30,000. Finally, Pinnacle Bancorp Inc. acquired a new stake in shares of Fair Isaac in the second quarter valued at $31,000. 85.75% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on the stock. Needham & Company LLC reiterated a “buy” rating and set a $1,950.00 price target on shares of Fair Isaac in a research report on Thursday, October 2nd. Weiss Ratings reiterated a “hold (c+)” rating on shares of Fair Isaac in a research report on Monday, December 29th. Zacks Research cut shares of Fair Isaac from a “strong-buy” rating to a “hold” rating in a research note on Monday, December 1st. Barclays boosted their price objective on shares of Fair Isaac from $2,000.00 to $2,400.00 and gave the stock an “overweight” rating in a research report on Thursday, October 2nd. Finally, UBS Group increased their price objective on Fair Isaac from $1,590.00 to $1,640.00 and gave the company a “neutral” rating in a research report on Monday, September 15th. Two research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $2,076.77.

Fair Isaac Price Performance

Shares of NYSE:FICO opened at $1,665.79 on Friday. The stock has a market cap of $39.50 billion, a price-to-earnings ratio of 62.74, a P/E/G ratio of 1.85 and a beta of 1.30. The company has a 50 day moving average of $1,735.89 and a 200-day moving average of $1,623.45. Fair Isaac Corporation has a one year low of $1,300.00 and a one year high of $2,217.60.

Fair Isaac (NYSE:FICO) last announced its quarterly earnings data on Thursday, October 30th. The technology company reported $7.74 earnings per share for the quarter, beating the consensus estimate of $7.36 by $0.38. Fair Isaac had a net margin of 32.75% and a negative return on equity of 43.97%. The business had revenue of $515.75 million for the quarter, compared to analyst estimates of $512.38 million. During the same period in the prior year, the business posted $6.54 earnings per share. Fair Isaac’s revenue was up 13.6% compared to the same quarter last year. Equities research analysts anticipate that Fair Isaac Corporation will post 24.15 earnings per share for the current year.

Insider Transactions at Fair Isaac

In other Fair Isaac news, CFO Steven P. Weber sold 1,426 shares of the stock in a transaction dated Wednesday, December 17th. The stock was sold at an average price of $1,810.00, for a total value of $2,581,060.00. Following the transaction, the chief financial officer owned 2,804 shares of the company’s stock, valued at approximately $5,075,240. This represents a 33.71% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO William J. Lansing sold 4,942 shares of the firm’s stock in a transaction dated Tuesday, October 14th. The stock was sold at an average price of $1,631.34, for a total value of $8,062,082.28. Following the transaction, the chief executive officer owned 43,207 shares in the company, valued at approximately $70,485,307.38. This trade represents a 10.26% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 10,358 shares of company stock worth $17,517,343 in the last three months. Insiders own 3.46% of the company’s stock.

Fair Isaac Company Profile

Fair Isaac Corporation, commonly known as FICO, is a data analytics and software company best known for its FICO Score, a widely used credit-scoring system that helps lenders assess consumer credit risk. Founded in 1956 by Bill Fair and Earl Isaac, the company has evolved from its origins in statistical credit scoring to a broader focus on predictive analytics, decision management and artificial intelligence-driven solutions for financial services and other industries. FICO is headquartered in San Jose, California, and operates globally, serving clients across North America, Latin America, Europe, the Middle East, Africa and the Asia-Pacific region.

FICO’s product portfolio centers on analytics and decisioning technologies.