Vanguard Group Inc. Has $846.40 Million Stock Position in Fair Isaac Co. (NYSE:FICO)

Vanguard Group Inc. grew its position in Fair Isaac Co. (NYSE:FICO) by 1.7% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,695,365 shares of the technology company’s stock after buying an additional 44,769 shares during the quarter. Vanguard Group Inc. owned approximately 9.33% of Fair Isaac worth $846,399,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in FICO. Geode Capital Management LLC boosted its holdings in shares of Fair Isaac by 7.1% during the fourth quarter. Geode Capital Management LLC now owns 294,328 shares of the technology company’s stock worth $55,039,000 after purchasing an additional 19,598 shares during the period. Toronto Dominion Bank acquired a new stake in Fair Isaac in the first quarter valued at approximately $54,000. New York State Common Retirement Fund lifted its stake in Fair Isaac by 0.4% in the first quarter. New York State Common Retirement Fund now owns 56,300 shares of the technology company’s stock valued at $15,293,000 after acquiring an additional 200 shares during the last quarter. Parametric Portfolio Associates LLC lifted its stake in Fair Isaac by 3.3% in the first quarter. Parametric Portfolio Associates LLC now owns 72,067 shares of the technology company’s stock valued at $19,576,000 after acquiring an additional 2,329 shares during the last quarter. Finally, California State Teachers Retirement System lifted its stake in Fair Isaac by 0.4% in the first quarter. California State Teachers Retirement System now owns 45,401 shares of the technology company’s stock valued at $12,332,000 after acquiring an additional 199 shares during the last quarter. Institutional investors own 82.44% of the company’s stock.

In other news, CEO William J. Lansing sold 16,000 shares of Fair Isaac stock in a transaction that occurred on Thursday, September 5th. The shares were sold at an average price of $360.92, for a total value of $5,774,720.00. Following the transaction, the chief executive officer now owns 282,557 shares of the company’s stock, valued at $101,980,472.44. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, EVP Mark R. Scadina sold 6,019 shares of Fair Isaac stock in a transaction that occurred on Wednesday, September 4th. The shares were sold at an average price of $355.52, for a total transaction of $2,139,874.88. Following the completion of the transaction, the executive vice president now directly owns 15,000 shares in the company, valued at approximately $5,332,800. The disclosure for this sale can be found here. In the last three months, insiders sold 136,884 shares of company stock worth $47,899,077. Insiders own 6.10% of the company’s stock.



A number of analysts have issued reports on FICO shares. ValuEngine cut shares of Fair Isaac from a “strong-buy” rating to a “buy” rating in a research note on Tuesday. Wells Fargo & Co lifted their target price on shares of Fair Isaac from $310.00 to $415.00 and gave the company an “outperform” rating in a research note on Thursday, August 1st. Finally, Zacks Investment Research cut shares of Fair Isaac from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, July 3rd.

NYSE FICO traded down $0.94 during trading on Tuesday, reaching $315.57. The company’s stock had a trading volume of 6,067 shares, compared to its average volume of 278,736. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 2.25. The stock has a market capitalization of $9.23 billion, a PE ratio of 72.75 and a beta of 1.21. The business has a 50-day moving average price of $342.75 and a 200-day moving average price of $308.47. Fair Isaac Co. has a 1-year low of $170.26 and a 1-year high of $373.24.

Fair Isaac (NYSE:FICO) last posted its earnings results on Wednesday, July 31st. The technology company reported $2.50 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.26 by $1.24. Fair Isaac had a net margin of 16.57% and a return on equity of 63.47%. The firm had revenue of $314.20 million during the quarter, compared to analysts’ expectations of $292.88 million. During the same period in the previous year, the company earned $1.51 earnings per share. The company’s revenue was up 23.2% compared to the same quarter last year. As a group, analysts expect that Fair Isaac Co. will post 5.9 earnings per share for the current year.

Fair Isaac 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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