Cullen Frost Bankers Inc. Buys Shares of 34 Fair Isaac Co. (NYSE:FICO)

Cullen Frost Bankers Inc. bought a new stake in shares of Fair Isaac Co. (NYSE:FICO) in the fourth quarter, HoldingsChannel reports. The institutional investor bought 34 shares of the technology company’s stock, valued at approximately $68,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. First National Bank of Omaha bought a new position in shares of Fair Isaac in the 3rd quarter worth $1,576,000. National Bank of Canada FI raised its position 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 $1,935,000. BNP Paribas bought a new position in shares of Fair Isaac in the 3rd quarter worth $445,000. Finally, Czech National Bank raised its position 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 institutional investors.

Insider Buying and Selling at Fair Isaac

In other news, CEO William J. Lansing sold 6,010 shares of the company’s stock in a transaction dated Tuesday, February 11th. The stock was 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 $76,026,643.74. This represents a 12.48 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Steven P. Weber sold 139 shares of the company’s stock in a transaction dated Thursday, January 9th. The stock was sold at an average price of $1,964.42, for a total value of $273,054.38. Following the completion of the sale, the chief financial officer now owns 2,478 shares in the company, valued at $4,867,832.76. The trade was a 5.31 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 9,669 shares of company stock worth $18,821,383. 3.46% of the stock is currently owned by insiders.

Fair Isaac Stock Performance

Fair Isaac stock opened at $1,835.64 on Monday. The business’s 50-day simple moving average is $1,869.55 and its two-hundred day simple moving average is $1,982.96. The company has a market cap of $44.82 billion, a PE ratio of 84.24, a PEG ratio of 3.27 and a beta of 1.41. Fair Isaac Co. has a fifty-two week low of $1,105.65 and a fifty-two week high of $2,402.52.

Fair Isaac (NYSE:FICO) last posted its quarterly earnings results on Tuesday, February 4th. The technology company reported $4.15 earnings per share for the quarter, missing the consensus estimate of $6.21 by ($2.06). Fair Isaac had a net margin of 30.66% and a negative return on equity of 53.40%. As a group, analysts predict that Fair Isaac Co. will post 24.15 EPS for the current fiscal year.

Wall Street Analyst Weigh In

FICO has been the subject of several recent research reports. The Goldman Sachs Group boosted their price target on Fair Isaac from $2,374.00 to $2,661.00 and gave the stock a “buy” rating in a research report on Thursday, December 5th. Royal Bank of Canada raised Fair Isaac from a “sector perform” rating to an “outperform” rating and boosted their price target for the stock from $2,040.00 to $2,170.00 in a research report on Wednesday, February 26th. Robert W. Baird reduced their target price on Fair Isaac from $1,975.00 to $1,775.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 5th. UBS Group reduced their target price on Fair Isaac from $2,250.00 to $2,100.00 and set a “neutral” rating on the stock in a research report on Monday, January 27th. Finally, Oppenheimer reduced their target price on Fair Isaac from $2,515.00 to $2,409.00 and set an “outperform” rating on the stock in a research report on Tuesday, January 7th. Four research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. According to data from MarketBeat, Fair Isaac presently has an average rating of “Moderate Buy” and an average price target of $2,088.15.

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.