Segall Bryant & Hamill LLC Reduces Holdings in Fair Isaac Co. (NYSE:FICO)

Segall Bryant & Hamill LLC reduced its holdings in shares of Fair Isaac Co. (NYSE:FICO) by 8.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 14,739 shares of the technology company’s stock after selling 1,291 shares during the period. Segall Bryant & Hamill LLC owned about 0.06% of Fair Isaac worth $29,344,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Rakuten Securities Inc. increased its stake in shares of Fair Isaac by 160.0% in the 4th quarter. Rakuten Securities Inc. now owns 13 shares of the technology company’s stock worth $26,000 after purchasing an additional 8 shares in the last quarter. True Wealth Design LLC grew its holdings in Fair Isaac by 900.0% during the third quarter. True Wealth Design LLC now owns 20 shares of the technology company’s stock valued at $39,000 after purchasing an additional 18 shares during the period. Berbice Capital Management LLC bought a new position in shares of Fair Isaac in the fourth quarter worth about $40,000. Avalon Trust Co purchased a new position in shares of Fair Isaac during the 4th quarter valued at about $40,000. Finally, OFI Invest Asset Management bought a new position in shares of Fair Isaac during the 4th quarter valued at approximately $42,000. 85.75% of the stock is currently owned by institutional investors.

Insider Transactions at Fair Isaac

In other news, CFO Steven P. Weber sold 139 shares of Fair Isaac stock in a transaction on Thursday, January 9th. The shares were sold at an average price of $1,964.42, for a total transaction of $273,054.38. Following the completion of the sale, the chief financial officer now directly owns 2,478 shares in the company, valued at approximately $4,867,832.76. The trade was a 5.31 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO William J. Lansing sold 6,010 shares of Fair Isaac stock in a transaction dated Tuesday, February 11th. The stock was sold at an average price of $1,804.23, for a total value of $10,843,422.30. Following the sale, the chief executive officer now directly owns 42,138 shares of the company’s stock, valued at approximately $76,026,643.74. This represents a 12.48 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 10,241 shares of company stock valued at $18,186,184 in the last 90 days. Insiders own 3.46% of the company’s stock.

Fair Isaac Price Performance

NYSE:FICO opened at $1,900.76 on Tuesday. The firm has a market cap of $46.41 billion, a PE ratio of 87.23, a price-to-earnings-growth ratio of 3.27 and a beta of 1.41. The company has a 50-day moving average of $1,835.05 and a 200 day moving average of $1,989.24. Fair Isaac Co. has a 1-year low of $1,105.65 and a 1-year high of $2,402.52.

Fair Isaac (NYSE:FICO) last issued its quarterly earnings data on Tuesday, February 4th. The technology company reported $4.15 earnings per share for the quarter, missing analysts’ consensus estimates of $6.21 by ($2.06). Fair Isaac had a net margin of 30.66% and a negative return on equity of 53.40%. Sell-side analysts anticipate that Fair Isaac Co. will post 24.15 EPS for the current fiscal year.

Wall Street Analyst Weigh In

FICO has been the topic of several analyst reports. The Goldman Sachs Group lifted their price target on shares of Fair Isaac from $2,374.00 to $2,661.00 and gave the company a “buy” rating in a report on Thursday, December 5th. UBS Group lowered their target price on shares of Fair Isaac from $2,250.00 to $2,100.00 and set a “neutral” rating on the stock in a research note on Monday, January 27th. Oppenheimer lowered their price objective on Fair Isaac from $2,515.00 to $2,409.00 and set an “outperform” rating on the stock in a research report on Tuesday, January 7th. Wells Fargo & Company decreased their target price on shares of Fair Isaac from $2,650.00 to $2,600.00 and set an “overweight” rating on the stock in a research report on Wednesday, February 5th. Finally, Robert W. Baird dropped their price objective on shares of Fair Isaac from $1,975.00 to $1,775.00 and set a “neutral” rating for the company in a research note on Wednesday, February 5th. Four analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $2,088.15.

Fair Isaac Profile

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