Vinva Investment Management Ltd Has $4.73 Million Stake in Fair Isaac Co. (NYSE:FICO)

Vinva Investment Management Ltd lifted its position in shares of Fair Isaac Co. (NYSE:FICO) by 120.8% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,351 shares of the technology company’s stock after purchasing an additional 1,286 shares during the quarter. Vinva Investment Management Ltd’s holdings in Fair Isaac were worth $4,734,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the company. Rakuten Securities Inc. raised its position in Fair Isaac by 160.0% in the 4th quarter. Rakuten Securities Inc. now owns 13 shares of the technology company’s stock valued at $26,000 after buying an additional 8 shares during the last quarter. True Wealth Design LLC raised its position in Fair Isaac by 900.0% in the 3rd quarter. True Wealth Design LLC now owns 20 shares of the technology company’s stock valued at $39,000 after buying an additional 18 shares during the last quarter. Berbice Capital Management LLC purchased a new stake in Fair Isaac in the 4th quarter valued at $40,000. Avalon Trust Co purchased a new stake in Fair Isaac in the 4th quarter valued at $40,000. Finally, OFI Invest Asset Management purchased a new stake in Fair Isaac in the 4th quarter valued at $42,000. 85.75% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Fair Isaac news, CFO Steven P. Weber sold 139 shares of the firm’s stock in a transaction dated Thursday, January 9th. The stock was sold at an average price of $1,964.42, for a total value of $273,054.38. Following the sale, the chief financial officer now owns 2,478 shares of the company’s stock, valued at $4,867,832.76. This trade represents a 5.31 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO William J. Lansing sold 4,092 shares of the firm’s stock in a transaction dated Tuesday, March 11th. The shares were 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 directly owns 42,138 shares in the company, valued at approximately $72,801,401.22. The trade was a 8.85 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 10,241 shares of company stock worth $18,186,184 in the last quarter. 3.46% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

FICO has been the subject of a number of analyst reports. Robert W. Baird lowered their price target on Fair Isaac from $1,975.00 to $1,775.00 and set a “neutral” rating for the company in a research report on Wednesday, February 5th. Jefferies Financial Group reduced their price objective on Fair Isaac from $2,275.00 to $2,175.00 and set a “buy” rating for the company in a research note on Wednesday, February 5th. Oppenheimer reduced their price objective on Fair Isaac from $2,515.00 to $2,409.00 and set an “outperform” rating for the company in a research note on Tuesday, January 7th. The Goldman Sachs Group upped their price objective on Fair Isaac from $2,374.00 to $2,661.00 and gave the company a “buy” rating in a research note on Thursday, December 5th. Finally, Wells Fargo & Company reduced their price objective on Fair Isaac from $2,650.00 to $2,600.00 and set an “overweight” rating for the company in a research note on Wednesday, February 5th. Four analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $2,088.15.

Fair Isaac Stock Performance

FICO stock opened at $1,874.47 on Thursday. The company has a market capitalization of $45.77 billion, a price-to-earnings ratio of 86.02, a PEG ratio of 3.27 and a beta of 1.41. Fair Isaac Co. has a fifty-two week low of $1,105.65 and a fifty-two week high of $2,402.52. The stock has a fifty day moving average of $1,838.54 and a 200-day moving average of $1,984.52.

Fair Isaac (NYSE:FICO) last posted its quarterly earnings results 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%. Equities analysts predict that Fair Isaac Co. will post 24.15 EPS for the current year.

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.