Banco Santander S.A. Boosts Holdings in Fair Isaac Co. (NYSE:FICO)

Banco Santander S.A. lifted its stake in Fair Isaac Co. (NYSE:FICO) by 25.6% in the 4th quarter, HoldingsChannel reports. The firm owned 926 shares of the technology company’s stock after buying an additional 189 shares during the quarter. Banco Santander S.A.’s holdings in Fair Isaac were worth $1,844,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. First National Bank of Omaha bought a new position in shares of Fair Isaac in the 3rd quarter worth about $1,576,000. National Bank of Canada FI increased its stake in shares of Fair Isaac by 51.9% in the 3rd quarter. National Bank of Canada FI now owns 19,817 shares of the technology company’s stock worth $38,514,000 after acquiring an additional 6,768 shares in the last quarter. Donoghue Forlines LLC bought a new position in shares of Fair Isaac in the 4th quarter worth about $1,935,000. BNP Paribas bought a new position in shares of Fair Isaac in the 3rd quarter worth about $445,000. Finally, Czech National Bank increased its stake in shares of Fair Isaac by 5.7% in the 4th quarter. Czech National Bank now owns 5,280 shares of the technology company’s stock worth $10,512,000 after acquiring an additional 286 shares in the last quarter. 85.75% of the stock is owned by hedge funds and other institutional investors.

Fair Isaac Stock Up 1.1 %

Shares of FICO stock opened at $1,835.64 on Monday. The company has a 50 day moving average price of $1,869.55 and a 200-day moving average price of $1,982.96. Fair Isaac Co. has a 52 week low of $1,105.65 and a 52 week high of $2,402.52. The firm has a market capitalization of $44.82 billion, a PE ratio of 84.24, a P/E/G ratio of 3.27 and a beta of 1.41.

Fair Isaac (NYSE:FICO) last posted its quarterly earnings data on Tuesday, February 4th. The technology company reported $4.15 earnings per share (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%. Analysts anticipate that Fair Isaac Co. will post 24.15 earnings per share for the current year.

Insider Buying and Selling at Fair Isaac

In related news, CEO William J. Lansing sold 6,010 shares of the business’s stock in a transaction on Tuesday, February 11th. The shares were sold at an average price of $1,804.23, for a total value of $10,843,422.30. Following the sale, the chief executive officer now owns 42,138 shares in the company, valued at approximately $76,026,643.74. The trade was a 12.48 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP James M. Wehmann sold 3,000 shares of the business’s stock in a transaction on Thursday, December 12th. The shares were sold at an average price of $2,195.19, for a total transaction of $6,585,570.00. Following the transaction, the executive vice president now owns 51,911 shares in the company, valued at $113,954,508.09. This trade represents a 5.46 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 9,669 shares of company stock valued at $18,821,383 over the last 90 days. 3.46% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of research firms have weighed in on FICO. UBS Group reduced their price objective on shares of Fair Isaac from $2,250.00 to $2,100.00 and set a “neutral” rating for the company in a research note on Monday, January 27th. Royal Bank of Canada upgraded shares of Fair Isaac from a “sector perform” rating to an “outperform” rating and raised their price objective for the company from $2,040.00 to $2,170.00 in a research note on Wednesday, February 26th. Oppenheimer reduced their price objective on shares of Fair Isaac from $2,515.00 to $2,409.00 and set an “outperform” rating for the company in a research note on Tuesday, January 7th. JPMorgan Chase & Co. began coverage on shares of Fair Isaac in a research note on Friday, December 20th. They set a “neutral” rating and a $2,150.00 price objective for the company. Finally, Needham & Company LLC restated a “buy” rating and set a $2,500.00 price objective on shares of Fair Isaac in a research note on Wednesday, February 5th. Four equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $2,088.15.

About Fair Isaac

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.