AKO Capital LLP Reduces Fair Isaac Holdings

AKO Capital LLP has decreased its ownership in Fair Isaac Co. (NYSE:FICO) by 33.1% during the fourth quarter, as revealed in its latest Form 13F filing with the Securities and Exchange Commission. Following the sale of 73,574 shares, the fund now holds a total of 148,602 shares of the technology company's stock. This reduction sees Fair Isaac representing approximately 4.1% of AKO Capital LLP's overall investment portfolio, making it the fund's 13th largest position. As of the most recent filing, AKO Capital LLP's stake in Fair Isaac was evaluated at $295,856,000, which accounts for 0.61% of the company's outstanding shares.

Institutional Investors' Activity

Other institutional investors have also been active in adjusting their stakes in Fair Isaac. For instance, Vanguard Group Inc. increased its holdings by 0.8% in the fourth quarter, bringing its total to 2,903,694 shares, worth $5,781,051,000 after an addition of 22,178 shares. State Street Corp raised its stake by 0.5% in the third quarter, owning 1,045,165 shares now valued at $2,031,299,000 after purchasing an extra 5,472 shares. Additionally, JPMorgan Chase & Co. lifted its investment in Fair Isaac by 0.8% during the fourth quarter, holding 678,613 shares worth $1,351,073,000 after acquiring 5,371 more shares. Furthermore, Geode Capital Management LLC and Principal Financial Group Inc. also increased their positions slightly in the last few months. In total, institutional investors now own 85.75% of Fair Isaac's shares.

Stock Performance

As of Thursday's market opening, Fair Isaac's stock traded down by 1.9% at $1,883.85. The stock has experienced significant fluctuations over the past year, ranging between a low of $1,105.65 and a high of $2,402.52. Fair Isaac's market capitalization stands at $46.00 billion, with a price-to-earnings ratio of 86.45 and a beta of 1.41, indicating its volatility compared to the market average.

Recent Earnings Report

On February 4th, Fair Isaac released its earnings report for the quarter, posting $4.15 in earnings per share (EPS), which fell short of analysts' expectations of $6.21. The company has a net margin of 30.66% and a negative return on equity of 53.40%. Analysts anticipate Fair Isaac will report an EPS of 24.15 for the current fiscal year.

Analyst Ratings

Several research analysts have made recent comments regarding Fair Isaac shares. Needham & Company LLC reaffirmed a "buy" rating, setting a price target of $2,500.00. Meanwhile, JPMorgan Chase & Co. began covering Fair Isaac with a "neutral" rating and a target price of $2,150.00. Royal Bank of Canada upgraded its stance from "sector perform" to "outperform" with a revised target of $2,170.00. However, UBS Group reduced their price goal from $2,250.00 to $2,100.00 while maintaining a neutral rating. Overall, four analysts recommend holding the stock, whereas nine suggest buying it, giving Fair Isaac an average rating of "Moderate Buy" with a target price of $2,088.15 according to MarketBeat data.

Insider Transactions

In addition to institutional trading, insider sales have also occurred recently. CFO Steven P. Weber sold 139 shares on January 9th at an average price of $1,964.42, totaling $273,054.38, decreasing his ownership by 5.31%. CEO William J. Lansing sold 4,092 shares on March 11th at an average price of $1,727.69, with a total value of $7,069,707.48, which reduced his stake by 8.85%. Over the past 90 days, insiders have sold 10,241 shares worth $18,186,184, while they collectively hold 3.46% of the company shares.

About Fair Isaac

Fair Isaac Corporation specializes in developing analytic, software, and digital decision-making technologies. These tools aim to assist businesses in automating and connecting their decision-making processes across various regions, including the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company operates through two main segments: Scores and Software, providing tailored solutions to meet diverse business needs, including financial compliance, fraud detection, and customer engagement.

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