O Shaughnessy Asset Management LLC reduced its holdings in Fair Isaac Co. (NYSE:FICO – Free Report) by 2.8% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 19,278 shares of the technology company’s stock after selling 551 shares during the quarter. O Shaughnessy Asset Management LLC owned about 0.08% of Fair Isaac worth $38,381,000 as of its most recent filing with the SEC.
A number of other institutional investors have also made changes to their positions in FICO. First National Bank of Omaha bought a new position in Fair Isaac in the 3rd quarter worth approximately $1,576,000. National Bank of Canada FI grew its holdings in shares of Fair Isaac by 51.9% during the 3rd quarter. National Bank of Canada FI now owns 19,817 shares of the technology company’s stock worth $38,514,000 after purchasing an additional 6,768 shares in the last quarter. Donoghue Forlines LLC bought a new stake in shares of Fair Isaac during the fourth quarter valued at approximately $1,935,000. Czech National Bank lifted its position in Fair Isaac by 5.7% in the fourth quarter. Czech National Bank now owns 5,280 shares of the technology company’s stock worth $10,512,000 after purchasing an additional 286 shares during the period. Finally, FMR LLC boosted its stake in Fair Isaac by 46.1% during the third quarter. FMR LLC now owns 207,026 shares of the technology company’s stock worth $402,358,000 after buying an additional 65,297 shares in the last quarter. 85.75% of the stock is currently owned by institutional investors.
Analysts Set New Price Targets
A number of equities analysts have recently issued reports on the stock. Wells Fargo & Company dropped their price objective on shares of Fair Isaac from $2,650.00 to $2,600.00 and set an “overweight” rating for the company in a research note on Wednesday, February 5th. The Goldman Sachs Group increased their price target on shares of Fair Isaac from $2,374.00 to $2,661.00 and gave the stock a “buy” rating in a research report on Thursday, December 5th. Needham & Company LLC reaffirmed a “buy” rating and set a $2,500.00 price objective on shares of Fair Isaac in a report on Wednesday, February 5th. UBS Group dropped their target price on Fair Isaac from $2,250.00 to $2,100.00 and set a “neutral” rating for the company in a report on Monday, January 27th. Finally, Oppenheimer decreased their price target on Fair Isaac from $2,515.00 to $2,409.00 and set an “outperform” rating on the stock in a research note on Tuesday, January 7th. Four analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. Based on data from MarketBeat, Fair Isaac presently has a consensus rating of “Moderate Buy” and a consensus target price of $2,088.15.
Insider Buying and Selling at Fair Isaac
In related news, CFO Steven P. Weber sold 139 shares of Fair Isaac stock in a transaction dated Thursday, January 9th. The stock was sold at an average price of $1,964.42, for a total value of $273,054.38. Following the sale, the chief financial officer now owns 2,478 shares of the company’s stock, 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 legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO William J. Lansing sold 6,010 shares of the company’s stock in a transaction on Tuesday, February 11th. The stock was sold at an average price of $1,804.23, for a total transaction of $10,843,422.30. Following the sale, the chief executive officer now directly owns 42,138 shares in the company, valued at $76,026,643.74. This trade represents a 12.48 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 10,241 shares of company stock valued at $18,186,184 in the last 90 days. 3.46% of the stock is currently owned by company insiders.
Fair Isaac Trading Down 2.0 %
Shares of FICO opened at $1,834.32 on Friday. The stock has a market cap of $44.79 billion, a P/E ratio of 84.18, a price-to-earnings-growth ratio of 3.27 and a beta of 1.41. The stock’s 50-day moving average price is $1,828.54 and its two-hundred day moving average price is $1,990.76. 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 – Get Free Report) last posted its earnings results on Tuesday, February 4th. The technology company reported $4.15 earnings per share for the quarter, missing the consensus estimate of $6.21 by ($2.06). Fair Isaac had a negative return on equity of 53.40% and a net margin of 30.66%. As a group, equities analysts forecast that Fair Isaac Co. will post 24.15 EPS for the current year.
Fair Isaac Company 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.
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