California Public Employees Retirement System grew its stake in shares of Fair Isaac Corporation (NYSE:FICO) by 2.4% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 97,800 shares of the technology company’s stock after purchasing an additional 2,300 shares during the period. California Public Employees Retirement System owned approximately 0.32% of Fair Isaac Corporation worth $13,634,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Acrospire Investment Management LLC bought a new stake in shares of Fair Isaac Corporation during the 2nd quarter valued at about $139,000. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in shares of Fair Isaac Corporation by 15.0% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,233 shares of the technology company’s stock valued at $172,000 after purchasing an additional 161 shares in the last quarter. GSA Capital Partners LLP bought a new stake in shares of Fair Isaac Corporation during the 2nd quarter valued at about $208,000. Creative Planning boosted its stake in shares of Fair Isaac Corporation by 283.1% during the 2nd quarter. Creative Planning now owns 1,659 shares of the technology company’s stock valued at $231,000 after purchasing an additional 1,226 shares in the last quarter. Finally, Riverhead Capital Management LLC boosted its stake in shares of Fair Isaac Corporation by 76.5% during the 2nd quarter. Riverhead Capital Management LLC now owns 1,765 shares of the technology company’s stock valued at $246,000 after purchasing an additional 765 shares in the last quarter. 88.17% of the stock is currently owned by hedge funds and other institutional investors.

In other Fair Isaac Corporation news, Director David A. Rey sold 7,340 shares of the stock in a transaction dated Tuesday, August 22nd. The shares were sold at an average price of $140.25, for a total transaction of $1,029,435.00. Following the transaction, the director now directly owns 15,714 shares in the company, valued at approximately $2,203,888.50. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director David A. Rey sold 2,660 shares of the stock in a transaction dated Thursday, August 17th. The stock was sold at an average price of $140.47, for a total transaction of $373,650.20. Following the transaction, the director now owns 11,034 shares in the company, valued at $1,549,945.98. The disclosure for this sale can be found here. 5.60% of the stock is owned by corporate insiders.

A number of equities research analysts have recently weighed in on FICO shares. BidaskClub raised shares of Fair Isaac Corporation from a “hold” rating to a “buy” rating in a research note on Friday, June 30th. Wells Fargo & Company lifted their target price on shares of Fair Isaac Corporation from $150.00 to $160.00 and gave the company a “positive” rating in a research note on Tuesday, August 1st. Finally, Zacks Investment Research lowered shares of Fair Isaac Corporation from a “hold” rating to a “strong sell” rating in a research note on Thursday, August 3rd.

Shares of Fair Isaac Corporation (NYSE FICO) opened at 142.41 on Thursday. Fair Isaac Corporation has a 1-year low of $109.77 and a 1-year high of $147.02. The company’s 50-day moving average is $139.37 and its 200 day moving average is $136.35. The company has a market cap of $4.36 billion, a price-to-earnings ratio of 38.18 and a beta of 1.21.

Fair Isaac Corporation (NYSE:FICO) last posted its quarterly earnings results on Monday, July 31st. The technology company reported $0.78 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.90 by ($0.12). The company had revenue of $231.00 million during the quarter, compared to analysts’ expectations of $237.07 million. Fair Isaac Corporation had a return on equity of 27.84% and a net margin of 13.15%. The company’s quarterly revenue was down 3.3% on a year-over-year basis. During the same period in the prior year, the business earned $1.45 EPS. Equities analysts anticipate that Fair Isaac Corporation will post $4.94 EPS for the current year.

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About Fair Isaac Corporation

Fair Isaac Corporation (FICO) is a provider of analytic, software and data management products and services that enable businesses to automate and connect decisions. The Company operates through three segments: Applications, Scores and Decision Management Software. The Applications segment includes pre-configured decision management applications designed for a specific type of business problem or process, such as marketing, account origination, customer management, fraud, collections and insurance claims management.

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Institutional Ownership by Quarter for Fair Isaac Corporation (NYSE:FICO)

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