American International Group Inc. Grows Stock Holdings in Fair Isaac Co. (NYSE:FICO)

American International Group Inc. grew its holdings in Fair Isaac Co. (NYSE:FICO) by 0.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 6,983 shares of the technology company’s stock after acquiring an additional 15 shares during the period. American International Group Inc.’s holdings in Fair Isaac were worth $8,128,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. McGlone Suttner Wealth Management Inc. purchased a new stake in shares of Fair Isaac in the 4th quarter valued at $35,000. DSM Capital Partners LLC purchased a new stake in shares of Fair Isaac in the 4th quarter valued at $37,000. KB Financial Partners LLC boosted its holdings in Fair Isaac by 26.2% during the third quarter. KB Financial Partners LLC now owns 53 shares of the technology company’s stock worth $46,000 after buying an additional 11 shares in the last quarter. First Horizon Advisors Inc. boosted its holdings in Fair Isaac by 28.1% during the fourth quarter. First Horizon Advisors Inc. now owns 41 shares of the technology company’s stock worth $48,000 after buying an additional 9 shares in the last quarter. Finally, Operose Advisors LLC purchased a new stake in Fair Isaac during the third quarter worth $50,000. 85.75% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, CEO William J. Lansing sold 8,000 shares of the stock in a transaction dated Tuesday, April 16th. The shares were sold at an average price of $1,140.55, for a total value of $9,124,400.00. Following the completion of the sale, the chief executive officer now directly owns 12,638 shares in the company, valued at $14,414,270.90. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In related news, EVP Richard Deal sold 13,591 shares of the firm’s stock in a transaction dated Wednesday, June 12th. The shares were sold at an average price of $1,374.30, for a total transaction of $18,678,111.30. Following the completion of the sale, the executive vice president now directly owns 49,314 shares in the company, valued at $67,772,230.20. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO William J. Lansing sold 8,000 shares of the firm’s stock in a transaction dated Tuesday, April 16th. The stock was sold at an average price of $1,140.55, for a total transaction of $9,124,400.00. Following the sale, the chief executive officer now owns 12,638 shares of the company’s stock, valued at $14,414,270.90. The disclosure for this sale can be found here. Insiders sold 24,014 shares of company stock worth $31,012,918 over the last three months. Insiders own 3.54% of the company’s stock.

Wall Street Analyst Weigh In

FICO has been the topic of a number of recent analyst reports. Redburn Atlantic initiated coverage on shares of Fair Isaac in a report on Tuesday, April 16th. They set a “neutral” rating and a $1,113.00 price target on the stock. Needham & Company LLC reissued a “buy” rating and set a $1,500.00 price target on shares of Fair Isaac in a report on Tuesday, June 11th. Finally, Raymond James increased their price target on shares of Fair Isaac from $1,413.00 to $1,418.00 and gave the stock an “outperform” rating in a report on Friday, April 26th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and six have given a buy rating to the company. Based on data from MarketBeat.com, Fair Isaac has an average rating of “Moderate Buy” and a consensus target price of $1,274.33.

Fair Isaac Stock Performance

NYSE:FICO opened at $1,421.80 on Thursday. The company has a fifty day moving average of $1,284.06 and a two-hundred day moving average of $1,246.50. The stock has a market capitalization of $35.13 billion, a PE ratio of 74.64, a P/E/G ratio of 3.80 and a beta of 1.31. Fair Isaac Co. has a fifty-two week low of $764.49 and a fifty-two week high of $1,451.78.

Fair Isaac (NYSE:FICO) last issued its earnings results on Thursday, April 25th. The technology company reported $5.09 EPS for the quarter, beating analysts’ consensus estimates of $4.89 by $0.20. The business had revenue of $433.81 million during the quarter, compared to analysts’ expectations of $425.94 million. Fair Isaac had a net margin of 29.99% and a negative return on equity of 62.28%. Research analysts forecast that Fair Isaac Co. will post 19.75 earnings per share for the current year.

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.