Fair Isaac Co. (NYSE:FICO) Shares Bought by Huntington National Bank

Huntington National Bank lifted its holdings in shares of Fair Isaac Co. (NYSE:FICO) by 17.5% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 215 shares of the technology company’s stock after purchasing an additional 32 shares during the quarter. Huntington National Bank’s holdings in Fair Isaac were worth $428,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Vanguard Group Inc. boosted its position in Fair Isaac by 0.8% in the 4th quarter. Vanguard Group Inc. now owns 2,903,694 shares of the technology company’s stock valued at $5,781,051,000 after buying an additional 22,178 shares during the period. State Street Corp boosted its holdings in Fair Isaac by 0.5% in the third quarter. State Street Corp now owns 1,045,165 shares of the technology company’s stock valued at $2,031,299,000 after purchasing an additional 5,472 shares during the period. JPMorgan Chase & Co. grew its stake in Fair Isaac by 0.8% during the 4th quarter. JPMorgan Chase & Co. now owns 678,613 shares of the technology company’s stock worth $1,351,073,000 after purchasing an additional 5,371 shares in the last quarter. Geode Capital Management LLC increased its holdings in Fair Isaac by 2.7% during the 4th quarter. Geode Capital Management LLC now owns 663,035 shares of the technology company’s stock worth $1,318,630,000 after purchasing an additional 17,656 shares during the period. Finally, Principal Financial Group Inc. raised its position in Fair Isaac by 0.5% in the 3rd quarter. Principal Financial Group Inc. now owns 372,582 shares of the technology company’s stock valued at $724,122,000 after purchasing an additional 1,977 shares in the last quarter. Hedge funds and other institutional investors own 85.75% of the company’s stock.

Insider Activity

In related news, CEO William J. Lansing sold 6,010 shares of the business’s stock in a transaction that occurred on Tuesday, February 11th. The stock was 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 directly owns 42,138 shares in the company, valued at approximately $76,026,643.74. The trade was a 12.48 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Steven P. Weber sold 139 shares of the 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 transaction, the chief financial officer now owns 2,478 shares of the company’s stock, valued at approximately $4,867,832.76. This trade represents a 5.31 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 10,241 shares of company stock valued at $18,186,184 over the last three months. 3.46% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on the stock. Oppenheimer lowered their price objective on shares of Fair Isaac from $2,515.00 to $2,409.00 and set an “outperform” rating on the stock in a research report on Tuesday, January 7th. Wells Fargo & Company reduced their price objective on Fair Isaac from $2,650.00 to $2,600.00 and set an “overweight” rating on the stock in a research report 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 target on the stock. Needham & Company LLC reiterated a “buy” rating and set a $2,500.00 price objective on shares of Fair Isaac in a report on Wednesday, February 5th. Finally, UBS Group cut their target price on Fair Isaac from $2,250.00 to $2,100.00 and set a “neutral” rating on the stock in a research report on Monday, January 27th. Four research analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. According to MarketBeat.com, Fair Isaac presently has an average rating of “Moderate Buy” and an average price target of $2,080.46.

Fair Isaac Stock Down 6.6 %

FICO opened at $1,681.51 on Friday. The stock’s 50 day moving average price is $1,823.53 and its two-hundred day moving average price is $1,988.19. The firm has a market capitalization of $41.06 billion, a P/E ratio of 77.17, a price-to-earnings-growth ratio of 3.27 and a beta of 1.37. Fair Isaac Co. has a 12-month low of $1,105.65 and a 12-month high of $2,402.52.

Fair Isaac (NYSE:FICO) last released its quarterly earnings data 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%. As a group, analysts anticipate that Fair Isaac Co. will post 24.15 earnings per share 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.