Thrivent Financial for Lutherans Acquires 7,401 Shares of Fair Isaac Co. (NYSE:FICO)

Thrivent Financial for Lutherans lifted its holdings in shares of Fair Isaac Co. (NYSE:FICO) by 176.8% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 11,586 shares of the technology company’s stock after acquiring an additional 7,401 shares during the period. Thrivent Financial for Lutherans’ holdings in Fair Isaac were worth $23,067,000 as of its most recent filing with the SEC.

Several other institutional investors have also made changes to their positions in FICO. Freemont Management S.A. lifted its stake in Fair Isaac by 100.0% during the fourth quarter. Freemont Management S.A. now owns 1,400 shares of the technology company’s stock worth $2,787,000 after purchasing an additional 700 shares during the period. Petra Financial Advisors Inc. acquired a new position in shares of Fair Isaac in the 4th quarter worth approximately $810,000. Parallel Advisors LLC lifted its position in shares of Fair Isaac by 5.3% during the 4th quarter. Parallel Advisors LLC now owns 496 shares of the technology company’s stock worth $988,000 after buying an additional 25 shares during the period. Cibc World Markets Corp boosted its stake in Fair Isaac by 16.1% in the 4th quarter. Cibc World Markets Corp now owns 3,829 shares of the technology company’s stock valued at $7,623,000 after buying an additional 530 shares in the last quarter. Finally, First National Advisers LLC grew its position in Fair Isaac by 199.2% in the fourth quarter. First National Advisers LLC now owns 1,409 shares of the technology company’s stock valued at $2,805,000 after acquiring an additional 938 shares during the period. 85.75% of the stock is currently owned by institutional investors and hedge funds.

Fair Isaac Stock Down 1.0 %

FICO stock opened at $1,854.52 on Friday. Fair Isaac Co. has a twelve month low of $1,105.65 and a twelve month high of $2,402.52. The company has a market cap of $45.28 billion, a P/E ratio of 85.11, a PEG ratio of 3.27 and a beta of 1.41. The business has a fifty day moving average of $1,836.39 and a 200-day moving average of $1,983.62.

Fair Isaac (NYSE:FICO) last announced its quarterly earnings data 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 negative return on equity of 53.40% and a net margin of 30.66%. As a group, equities research analysts anticipate that Fair Isaac Co. will post 24.15 earnings per share for the current fiscal year.

Analyst Ratings Changes

FICO has been the topic of several recent analyst reports. The Goldman Sachs Group boosted their target price on shares of Fair Isaac from $2,374.00 to $2,661.00 and gave the company a “buy” rating in a research note on Thursday, December 5th. Needham & Company LLC restated a “buy” rating and issued a $2,500.00 price target on shares of Fair Isaac in a research report on Wednesday, February 5th. Royal Bank of Canada raised shares of Fair Isaac from a “sector perform” rating to an “outperform” rating and raised their price objective for the stock from $2,040.00 to $2,170.00 in a report on Wednesday, February 26th. Wells Fargo & Company reduced their target price on Fair Isaac from $2,650.00 to $2,600.00 and set an “overweight” rating on the stock in a report on Wednesday, February 5th. Finally, Oppenheimer dropped their price target on Fair Isaac from $2,515.00 to $2,409.00 and set an “outperform” rating for the company in a report on Tuesday, January 7th. Four analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $2,088.15.

Insider Activity at Fair Isaac

In related news, CFO Steven P. Weber sold 139 shares of the stock in a transaction that occurred on Thursday, January 9th. The shares were sold at an average price of $1,964.42, for a total value of $273,054.38. Following the sale, the chief financial officer now directly owns 2,478 shares in the company, valued at $4,867,832.76. This trade represents a 5.31 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO William J. Lansing sold 6,010 shares of the stock in a transaction on Tuesday, February 11th. The stock was sold at an average price of $1,804.23, for a total transaction of $10,843,422.30. Following the completion of the sale, the chief executive officer now owns 42,138 shares in the company, valued at approximately $76,026,643.74. This trade represents a 12.48 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 10,241 shares of company stock worth $18,186,184 over the last ninety days. Company insiders own 3.46% of the company’s stock.

Fair Isaac 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.