Brown Advisory Inc. increased its holdings in shares of Fair Isaac Corporation (NYSE:FICO) by 2.4% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 305,264 shares of the technology company’s stock after buying an additional 7,273 shares during the quarter. Brown Advisory Inc. owned 1.02% of Fair Isaac worth $42,890,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in the stock. GSA Capital Partners LLP bought a new position in Fair Isaac in the second quarter valued at about $208,000. Prudential Financial Inc. raised its position in Fair Isaac by 20.0% in the second quarter. Prudential Financial Inc. now owns 318,545 shares of the technology company’s stock valued at $44,408,000 after purchasing an additional 53,070 shares during the last quarter. Federated Investors Inc. PA raised its position in Fair Isaac by 24.2% in the second quarter. Federated Investors Inc. PA now owns 29,125 shares of the technology company’s stock valued at $4,061,000 after purchasing an additional 5,666 shares during the last quarter. Nationwide Fund Advisors raised its position in Fair Isaac by 4.5% in the second quarter. Nationwide Fund Advisors now owns 165,327 shares of the technology company’s stock valued at $23,048,000 after purchasing an additional 7,138 shares during the last quarter. Finally, Principal Financial Group Inc. raised its position in Fair Isaac by 151.4% in the second quarter. Principal Financial Group Inc. now owns 324,590 shares of the technology company’s stock valued at $45,251,000 after purchasing an additional 195,488 shares during the last quarter. Institutional investors and hedge funds own 89.97% of the company’s stock.

FICO has been the subject of several recent research reports. BidaskClub raised Fair Isaac from a “hold” rating to a “buy” rating in a research note on Tuesday, October 17th. Zacks Investment Research raised Fair Isaac from a “hold” rating to a “buy” rating and set a $164.00 price target for the company in a research note on Monday, October 16th. Finally, Barclays raised their target price on Fair Isaac from $135.00 to $140.00 and gave the stock an “equal weight” rating in a research note on Thursday, November 2nd.

In related news, Director A George Battle sold 5,000 shares of Fair Isaac stock in a transaction on Friday, November 3rd. The stock was sold at an average price of $150.46, for a total transaction of $752,300.00. Following the sale, the director now directly owns 21,259 shares in the company, valued at $3,198,629.14. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Joanna Rees purchased 3,000 shares of the company’s stock in a transaction that occurred on Thursday, November 9th. The shares were acquired at an average price of $152.00 per share, for a total transaction of $456,000.00. Following the completion of the acquisition, the director now directly owns 4,989 shares of the company’s stock, valued at approximately $758,328. The disclosure for this purchase can be found here. Company insiders own 5.60% of the company’s stock.

Shares of Fair Isaac Corporation (NYSE FICO) opened at $157.50 on Friday. Fair Isaac Corporation has a one year low of $112.00 and a one year high of $158.34. The company has a market capitalization of $4,710.26, a P/E ratio of 39.56, a P/E/G ratio of 4.26 and a beta of 1.26. The company has a debt-to-equity ratio of 1.09, a quick ratio of 0.95 and a current ratio of 0.95.

Fair Isaac (NYSE:FICO) last released its earnings results on Wednesday, November 1st. The technology company reported $1.65 EPS for the quarter, topping the consensus estimate of $1.17 by $0.48. Fair Isaac had a return on equity of 30.03% and a net margin of 13.76%. The business had revenue of $253.21 million during the quarter, compared to analysts’ expectations of $249.11 million. During the same quarter last year, the firm posted $1.28 earnings per share. The firm’s revenue was up 7.4% on a year-over-year basis. analysts forecast that Fair Isaac Corporation will post 3.68 EPS for the current fiscal year.

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Fair Isaac Profile

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.

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

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