Nkcfo LLC Buys Shares of 1,300 Fair Isaac Co. (FICO)

Nkcfo LLC bought a new stake in shares of Fair Isaac Co. (NYSE:FICO) in the 1st quarter, according to its most recent filing with the SEC. The institutional investor bought 1,300 shares of the technology company’s stock, valued at approximately $353,000.

Several other institutional investors have also added to or reduced their stakes in FICO. Norges Bank acquired a new stake in shares of Fair Isaac during the 4th quarter valued at approximately $62,724,000. BlackRock Inc. raised its position in shares of Fair Isaac by 8.6% during the 4th quarter. BlackRock Inc. now owns 2,929,507 shares of the technology company’s stock valued at $547,820,000 after acquiring an additional 232,405 shares in the last quarter. Broad Bay Capital Management LP acquired a new stake in shares of Fair Isaac during the 4th quarter valued at approximately $28,050,000. AKO Capital LLP raised its position in shares of Fair Isaac by 39.0% during the 4th quarter. AKO Capital LLP now owns 528,775 shares of the technology company’s stock valued at $98,881,000 after acquiring an additional 148,234 shares in the last quarter. Finally, Two Sigma Investments LP acquired a new stake in shares of Fair Isaac during the 4th quarter valued at approximately $26,247,000. Institutional investors own 83.81% of the company’s stock.

FICO has been the topic of several research reports. Zacks Investment Research raised Fair Isaac from a “sell” rating to a “hold” rating in a research report on Tuesday, January 1st. ValuEngine raised Fair Isaac from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, January 22nd. Finally, Barclays upped their price target on Fair Isaac from $240.00 to $300.00 and gave the company an “overweight” rating in a research report on Monday, March 11th.

NYSE FICO traded up $0.02 during trading hours on Thursday, hitting $275.46. The company had a trading volume of 273,565 shares, compared to its average volume of 210,207. Fair Isaac Co. has a fifty-two week low of $165.21 and a fifty-two week high of $285.37. The company has a debt-to-equity ratio of 2.65, a current ratio of 0.87 and a quick ratio of 0.87. The firm has a market capitalization of $8.01 billion, a PE ratio of 63.47, a P/E/G ratio of 6.02 and a beta of 1.43.

Fair Isaac (NYSE:FICO) last issued its earnings results on Wednesday, January 30th. The technology company reported $1.45 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.42 by $0.03. Fair Isaac had a return on equity of 46.97% and a net margin of 14.64%. The firm had revenue of $262.30 million for the quarter, compared to analyst estimates of $263.93 million. During the same period last year, the company earned $1.23 earnings per share. The firm’s revenue for the quarter was up 12.9% on a year-over-year basis. Equities research analysts expect that Fair Isaac Co. will post 4.62 earnings per share for the current fiscal year.

In other Fair Isaac news, CAO Michael S. Leonard sold 2,000 shares of the stock in a transaction on Friday, February 8th. The stock was sold at an average price of $235.38, for a total value of $470,760.00. Following the sale, the chief accounting officer now directly owns 10,611 shares of the company’s stock, valued at $2,497,617.18. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Stuart Wells sold 9,000 shares of the firm’s stock in a transaction on Tuesday, January 22nd. The shares were sold at an average price of $212.55, for a total value of $1,912,950.00. Following the transaction, the insider now directly owns 65,172 shares in the company, valued at $13,852,308.60. The disclosure for this sale can be found here. Insiders sold 53,447 shares of company stock worth $12,458,462 over the last ninety days. 6.10% of the stock is owned by corporate insiders.

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About Fair Isaac

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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