Fair Isaac Corporation $FICO Stock Holdings Raised by Axa S.A.

Axa S.A. lifted its stake in shares of Fair Isaac Corporation (NYSE:FICO) by 383.7% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 13,964 shares of the technology company’s stock after purchasing an additional 11,077 shares during the period. Axa S.A.’s holdings in Fair Isaac were worth $25,526,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. Edgewood Management LLC acquired a new stake in Fair Isaac during the second quarter valued at approximately $612,785,000. Norges Bank bought a new stake in shares of Fair Isaac in the 2nd quarter valued at approximately $365,831,000. Brown Advisory Inc. increased its holdings in shares of Fair Isaac by 2,047.5% in the 2nd quarter. Brown Advisory Inc. now owns 99,387 shares of the technology company’s stock valued at $181,676,000 after acquiring an additional 94,759 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in shares of Fair Isaac by 29.7% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 316,780 shares of the technology company’s stock valued at $584,193,000 after acquiring an additional 72,518 shares in the last quarter. Finally, Nuveen LLC bought a new position in Fair Isaac during the first quarter worth $114,864,000. 85.75% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Fair Isaac news, CEO William J. Lansing sold 4,942 shares of the business’s stock in a transaction dated Tuesday, October 14th. The shares were sold at an average price of $1,631.34, for a total transaction of $8,062,082.28. Following the sale, the chief executive officer directly owned 43,207 shares in the company, valued at approximately $70,485,307.38. The trade was a 10.26% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Over the last 90 days, insiders have sold 8,411 shares of company stock worth $13,985,026. 3.46% of the stock is currently owned by company insiders.

Fair Isaac Price Performance

Shares of Fair Isaac stock opened at $1,754.74 on Thursday. Fair Isaac Corporation has a 1-year low of $1,300.00 and a 1-year high of $2,217.60. The business’s fifty day moving average price is $1,715.30 and its two-hundred day moving average price is $1,629.07. The company has a market capitalization of $41.60 billion, a P/E ratio of 66.09, a PEG ratio of 1.94 and a beta of 1.29.

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

Analyst Ratings Changes

FICO has been the subject of several recent research reports. Griffin Securities set a $1,800.00 target price on shares of Fair Isaac in a research note on Monday, August 18th. Jefferies Financial Group decreased their price target on shares of Fair Isaac from $2,150.00 to $2,100.00 and set a “buy” rating for the company in a report on Thursday, November 6th. Oppenheimer downgraded shares of Fair Isaac from an “outperform” rating to a “market perform” rating in a research report on Monday, October 13th. JPMorgan Chase & Co. raised their target price on shares of Fair Isaac from $1,750.00 to $1,825.00 and gave the stock a “neutral” rating in a report on Thursday, November 6th. Finally, Needham & Company LLC restated a “buy” rating and issued a $1,950.00 target price on shares of Fair Isaac in a research note on Thursday, October 2nd. Two research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $2,076.77.

Fair Isaac Company 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.