Nomura Holdings Inc. Makes New Investment in Fair Isaac Co. (NYSE:FICO)

Nomura Holdings Inc. purchased a new position in Fair Isaac Co. (NYSE:FICOFree Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 3,993 shares of the technology company’s stock, valued at approximately $4,648,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in FICO. First Horizon Advisors Inc. increased its stake in shares of Fair Isaac by 28.1% in the fourth quarter. First Horizon Advisors Inc. now owns 41 shares of the technology company’s stock worth $48,000 after purchasing an additional 9 shares during the period. Panagora Asset Management Inc. increased its stake in shares of Fair Isaac by 0.8% in the fourth quarter. Panagora Asset Management Inc. now owns 1,219 shares of the technology company’s stock worth $1,419,000 after purchasing an additional 10 shares during the period. KB Financial Partners LLC increased its stake in shares of Fair Isaac by 26.2% in the third quarter. KB Financial Partners LLC now owns 53 shares of the technology company’s stock worth $46,000 after purchasing an additional 11 shares during the period. Lincoln National Corp increased its stake in shares of Fair Isaac by 2.8% in the fourth quarter. Lincoln National Corp now owns 399 shares of the technology company’s stock worth $464,000 after purchasing an additional 11 shares during the period. Finally, Tokio Marine Asset Management Co. Ltd. increased its stake in shares of Fair Isaac by 1.9% in the fourth quarter. Tokio Marine Asset Management Co. Ltd. now owns 694 shares of the technology company’s stock worth $808,000 after purchasing an additional 13 shares during the period. Institutional investors and hedge funds own 85.75% of the company’s stock.

Insider Transactions at Fair Isaac

In other Fair Isaac news, CEO William J. Lansing sold 8,000 shares of the company’s stock in a transaction on Tuesday, April 16th. The stock was sold at an average price of $1,140.55, for a total transaction of $9,124,400.00. Following the transaction, the chief executive officer now owns 12,638 shares of the company’s stock, valued at approximately $14,414,270.90. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. In other Fair Isaac news, Director Joanna Rees sold 1,000 shares of the company’s stock in a transaction on Thursday, May 9th. The stock was sold at an average price of $1,255.00, for a total transaction of $1,255,000.00. Following the transaction, the director now owns 21,118 shares of the company’s stock, valued at approximately $26,503,090. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, CEO William J. Lansing sold 8,000 shares of the company’s stock in a transaction on Tuesday, April 16th. The stock was sold at an average price of $1,140.55, for a total value of $9,124,400.00. Following the transaction, the chief executive officer now directly owns 12,638 shares in the company, valued at approximately $14,414,270.90. The disclosure for this sale can be found here. Insiders have sold 24,014 shares of company stock valued at $31,012,918 in the last three months. 3.54% of the stock is owned by corporate insiders.

Fair Isaac Price Performance

Shares of FICO traded up $6.58 on Tuesday, hitting $1,416.54. The company’s stock had a trading volume of 9,964 shares, compared to its average volume of 178,589. The company has a market capitalization of $35.00 billion, a PE ratio of 74.54, a PEG ratio of 3.74 and a beta of 1.31. Fair Isaac Co. has a fifty-two week low of $764.49 and a fifty-two week high of $1,451.78. The company has a 50 day moving average price of $1,275.14 and a 200 day moving average price of $1,243.19.

Fair Isaac (NYSE:FICOGet Free Report) last announced its earnings results on Thursday, April 25th. The technology company reported $5.09 EPS for the quarter, topping the consensus estimate of $4.89 by $0.20. The business had revenue of $433.81 million for the quarter, compared to the consensus estimate of $425.94 million. Fair Isaac had a negative return on equity of 62.28% and a net margin of 29.99%. On average, equities analysts forecast that Fair Isaac Co. will post 19.75 EPS for the current year.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the company. Raymond James boosted their price target on Fair Isaac from $1,413.00 to $1,418.00 and gave the company an “outperform” rating in a research note on Friday, April 26th. Needham & Company LLC restated a “buy” rating and set a $1,500.00 price target on shares of Fair Isaac in a research note on Tuesday, June 11th. Finally, Redburn Atlantic assumed coverage on Fair Isaac in a research note on Tuesday, April 16th. They set a “neutral” rating and a $1,113.00 price target on the stock. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and six have issued a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $1,274.33.

Get Our Latest Report on FICO

Fair Isaac Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Fair Isaac (NYSE:FICO)

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