Sumitomo Mitsui DS Asset Management Company Ltd lessened its holdings in shares of Fair Isaac Co. (NYSE:FICO – Get Rating) by 4.0% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,564 shares of the technology company's stock after selling 65 shares during the quarter. Sumitomo Mitsui DS Asset Management Company Ltd's holdings in Fair Isaac were worth $627,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the business. Van ECK Associates Corp grew its position in shares of Fair Isaac by 10.9% in the first quarter. Van ECK Associates Corp now owns 3,350 shares of the technology company's stock valued at $1,563,000 after purchasing an additional 330 shares during the last quarter. Foundry Partners LLC acquired a new position in shares of Fair Isaac in the first quarter valued at approximately $425,000. WINTON GROUP Ltd grew its position in shares of Fair Isaac by 129.5% in the first quarter. WINTON GROUP Ltd now owns 2,116 shares of the technology company's stock valued at $987,000 after purchasing an additional 1,194 shares during the last quarter. CWM LLC grew its position in Fair Isaac by 103.6% during the first quarter. CWM LLC now owns 114 shares of the technology company's stock worth $53,000 after buying an additional 58 shares in the last quarter. Finally, Quent Capital LLC acquired a new stake in Fair Isaac during the fourth quarter worth approximately $67,000. Institutional investors and hedge funds own 86.95% of the company's stock.

Insiders Place Their Bets

In other news, Director Marc F. Mcmorris sold 516 shares of the stock in a transaction on Monday, August 15th. The stock was sold at an average price of $493.13, for a total value of $254,455.08. Following the completion of the transaction, the director now directly owns 242 shares in the company, valued at approximately $119,337.46. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 3.27% of the company's stock.

Analysts Set New Price Targets

Fair Isaac Price Performance

NYSE FICO opened at $427.91 on Monday. The business has a fifty day moving average price of $463.81 and a two-hundred day moving average price of $429.76. Fair Isaac Co. has a fifty-two week low of $340.48 and a fifty-two week high of $531.03. The stock has a market capitalization of $10.81 billion, a PE ratio of 31.35 and a beta of 1.22.

Fair Isaac (NYSE:FICO – Get Rating) last released its earnings results on Wednesday, August 3rd. The technology company reported $3.59 earnings per share for the quarter, topping the consensus estimate of $3.23 by $0.36. Fair Isaac had a negative return on equity of 67.14% and a net margin of 27.04%. The firm had revenue of $348.97 million during the quarter, compared to analysts' expectations of $343.50 million. As a group, sell-side analysts expect that Fair Isaac Co. will post 14.06 earnings per share for the current year.

About Fair Isaac

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Fair Isaac Corporation develops analytic, software, and data management products and services that enable businesses to automate, enhance, and connect decisions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It operates through two segments, Scores and Software. The Software segment offers pre-configured decision management solution designed for various business problems or processes, such as marketing, account origination, customer management, customer engagement, fraud detection, financial crimes compliance, collection, and marketing, as well as associated professional services.

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