Robeco Institutional Asset Management B.V. Acquires New Shares in Fair Isaac Co. (NYSE:FICO)

Robeco Institutional Asset Management B.V. acquired a new stake in Fair Isaac Co. (NYSE:FICO) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,574 shares of the technology company’s stock, valued at approximately $494,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. BlackRock Inc. lifted its stake in Fair Isaac by 17.8% during the first quarter. BlackRock Inc. now owns 3,449,552 shares of the technology company’s stock worth $937,001,000 after purchasing an additional 520,045 shares in the last quarter. Victory Capital Management Inc. increased its position in shares of Fair Isaac by 178.5% during the first quarter. Victory Capital Management Inc. now owns 261,022 shares of the technology company’s stock worth $70,902,000 after acquiring an additional 167,284 shares during the period. Bodenholm Capital AB purchased a new stake in shares of Fair Isaac during the first quarter worth $31,012,000. Ellis Investment Partners LLC purchased a new stake in shares of Fair Isaac during the first quarter worth $94,000. Finally, WINTON GROUP Ltd increased its position in shares of Fair Isaac by 3,354.7% during the second quarter. WINTON GROUP Ltd now owns 82,290 shares of the technology company’s stock worth $25,841,000 after acquiring an additional 79,908 shares during the period. Hedge funds and other institutional investors own 83.92% of the company’s stock.

NYSE:FICO traded down $2.46 during trading hours on Friday, hitting $365.71. The company’s stock had a trading volume of 938 shares, compared to its average volume of 206,499. The company has a market capitalization of $10.64 billion, a PE ratio of 84.21 and a beta of 1.20. The company has a fifty day simple moving average of $334.63. The company has a debt-to-equity ratio of 2.25, a current ratio of 0.95 and a quick ratio of 0.95. Fair Isaac Co. has a 52-week low of $170.26 and a 52-week high of $371.81.



Fair Isaac (NYSE:FICO) last posted its earnings results on Wednesday, July 31st. The technology company reported $2.50 EPS for the quarter, beating the consensus estimate of $1.26 by $1.24. The firm had revenue of $314.20 million for the quarter, compared to analyst estimates of $292.88 million. Fair Isaac had a return on equity of 63.47% and a net margin of 16.57%. Fair Isaac’s revenue for the quarter was up 23.2% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.51 earnings per share. As a group, analysts predict that Fair Isaac Co. will post 4.92 earnings per share for the current year.

In other Fair Isaac news, insider William J. Lansing sold 16,000 shares of the company’s stock in a transaction on Monday, August 5th. The shares were sold at an average price of $340.23, for a total value of $5,443,680.00. Following the completion of the transaction, the insider now owns 282,557 shares in the company, valued at $96,134,368.11. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Michael J. Pung sold 7,996 shares of the company’s stock in a transaction on Friday, June 14th. The shares were sold at an average price of $308.03, for a total transaction of $2,463,007.88. The disclosure for this sale can be found here. Insiders sold 63,992 shares of company stock worth $20,722,369 in the last three months. 6.10% of the stock is currently owned by corporate insiders.

A number of analysts have recently weighed in on the company. Zacks Investment Research lowered Fair Isaac from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, July 3rd. Wells Fargo & Co increased their target price on Fair Isaac from $310.00 to $415.00 and gave the company an “outperform” rating in a report on Thursday, August 1st.

Fair Isaac Company Profile

Fair Isaac Corporation develops analytic, software, and data management products and services that enable businesses to automate, enhance, and connect decisions. The company offers analytical solutions, credit scoring, and credit account management products and services to banks, credit reporting agencies, credit card processing agencies, insurers, retailers, healthcare organizations, and public agencies.

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

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