Bank Julius Baer & Co. Ltd Zurich Has $27.85 Million Stock Position in Fair Isaac Co. (NYSE:FICO)

Bank Julius Baer & Co. Ltd Zurich grew its stake in Fair Isaac Co. (NYSE:FICO) by 8.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 13,579 shares of the technology company’s stock after purchasing an additional 1,071 shares during the quarter. Bank Julius Baer & Co. Ltd Zurich owned approximately 0.06% of Fair Isaac worth $27,852,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Capital Performance Advisors LLP bought a new position in shares of Fair Isaac during the third quarter worth approximately $25,000. True Wealth Design LLC increased its stake in shares of Fair Isaac by 900.0% during the third quarter. True Wealth Design LLC now owns 20 shares of the technology company’s stock worth $39,000 after purchasing an additional 18 shares during the period. Berbice Capital Management LLC bought a new position in shares of Fair Isaac during the fourth quarter worth approximately $40,000. Meeder Asset Management Inc. increased its stake in shares of Fair Isaac by 37.5% during the third quarter. Meeder Asset Management Inc. now owns 22 shares of the technology company’s stock worth $43,000 after purchasing an additional 6 shares during the period. Finally, Versant Capital Management Inc increased its stake in shares of Fair Isaac by 500.0% during the fourth quarter. Versant Capital Management Inc now owns 24 shares of the technology company’s stock worth $48,000 after purchasing an additional 20 shares during the period. Institutional investors and hedge funds own 85.75% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on the company. Wells Fargo & Company lowered their target price 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. JPMorgan Chase & Co. began coverage on Fair Isaac in a research note on Friday, December 20th. They set a “neutral” rating and a $2,150.00 price objective on the stock. Jefferies Financial Group lowered their price objective on Fair Isaac from $2,275.00 to $2,175.00 and set a “buy” rating on the stock in a research note on Wednesday, February 5th. Royal Bank of Canada upgraded Fair Isaac from a “sector perform” rating to an “outperform” rating and raised their price objective for the stock from $2,040.00 to $2,170.00 in a research note on Wednesday, February 26th. Finally, Robert W. Baird reduced their target price on 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. Four investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $2,088.15.

Fair Isaac Trading Up 1.1 %

FICO stock opened at $1,835.64 on Friday. Fair Isaac Co. has a 1-year low of $1,105.65 and a 1-year high of $2,402.52. The firm has a market cap of $44.82 billion, a PE ratio of 84.24, a price-to-earnings-growth ratio of 3.27 and a beta of 1.41. The stock has a 50-day moving average price of $1,869.55 and a 200-day moving average price of $1,981.34.

Fair Isaac (NYSE:FICO) last released its earnings results on Tuesday, February 4th. The technology company reported $4.15 EPS for the quarter, missing analysts’ consensus estimates of $6.21 by ($2.06). Fair Isaac had a negative return on equity of 53.40% and a net margin of 30.66%. On average, analysts forecast that Fair Isaac Co. will post 24.15 earnings per share for the current year.

Insider Buying and Selling at Fair Isaac

In related news, Director Marc F. Mcmorris sold 520 shares of Fair Isaac stock in a transaction on Tuesday, December 17th. The shares were sold at an average price of $2,152.57, for a total value of $1,119,336.40. Following the transaction, the director now owns 242 shares in the company, valued at $520,921.94. This trade represents a 68.24 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP James M. Wehmann sold 3,000 shares of the firm’s stock in a transaction on Thursday, December 12th. The stock was sold at an average price of $2,195.19, for a total transaction of $6,585,570.00. Following the completion of the sale, the executive vice president now directly owns 51,911 shares in the company, valued at approximately $113,954,508.09. This trade represents a 5.46 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 9,670 shares of company stock valued at $18,823,773 in the last quarter. 3.46% of the stock is currently owned by corporate insiders.

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.