Fair Isaac Co. (NYSE:FICO) Shares Sold by Cynosure Group LLC

Cynosure Group LLC lessened its stake in Fair Isaac Co. (NYSE:FICO) by 27.4% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 292 shares of the technology company’s stock after selling 110 shares during the quarter. Cynosure Group LLC’s holdings in Fair Isaac were worth $581,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. First National Bank of Omaha bought a new position in Fair Isaac during the 3rd quarter worth approximately $1,576,000. National Bank of Canada FI increased its stake in Fair Isaac by 51.9% during the third quarter. National Bank of Canada FI now owns 19,817 shares of the technology company’s stock valued at $38,514,000 after purchasing an additional 6,768 shares during the last quarter. Donoghue Forlines LLC acquired a new stake in shares of Fair Isaac during the fourth quarter worth $1,935,000. Czech National Bank lifted its position in shares of Fair Isaac by 5.7% in the 4th quarter. Czech National Bank now owns 5,280 shares of the technology company’s stock worth $10,512,000 after buying an additional 286 shares during the last quarter. Finally, Barclays PLC boosted its holdings in shares of Fair Isaac by 24.8% in the 3rd quarter. Barclays PLC now owns 60,521 shares of the technology company’s stock valued at $117,624,000 after buying an additional 12,038 shares during the period. Institutional investors own 85.75% of the company’s stock.

Insider Buying and Selling

In related news, CEO William J. Lansing sold 4,092 shares of Fair Isaac stock in a transaction dated Tuesday, March 11th. The stock was sold at an average price of $1,727.69, for a total value of $7,069,707.48. Following the transaction, the chief executive officer now owns 42,138 shares of the company’s stock, valued at approximately $72,801,401.22. This trade represents a 8.85 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Steven P. Weber sold 139 shares of the company’s stock in a transaction dated 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 sale, the chief financial officer now directly owns 2,478 shares of the company’s stock, valued at $4,867,832.76. This represents a 5.31 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 10,241 shares of company stock worth $18,186,184. Corporate insiders own 3.46% of the company’s stock.

Fair Isaac Price Performance

NYSE FICO opened at $1,866.59 on Wednesday. The firm has a market capitalization of $45.58 billion, a PE ratio of 85.66, a P/E/G ratio of 3.27 and a beta of 1.41. Fair Isaac Co. has a 12 month low of $1,105.65 and a 12 month high of $2,402.52. The company’s 50 day simple moving average is $1,826.95 and its 200 day simple moving average is $1,991.73.

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

Analysts Set New Price Targets

A number of brokerages have issued reports on FICO. Needham & Company LLC reissued a “buy” rating and issued a $2,500.00 target price on shares of Fair Isaac in a report on Wednesday, February 5th. The Goldman Sachs Group raised their price target on Fair Isaac from $2,374.00 to $2,661.00 and gave the stock a “buy” rating in a report on Thursday, December 5th. Wells Fargo & Company reduced their price objective on Fair Isaac from $2,650.00 to $2,600.00 and set an “overweight” rating for the company in a research report on Wednesday, February 5th. Robert W. Baird dropped their target price on Fair Isaac from $1,975.00 to $1,775.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 5th. Finally, Royal Bank of Canada raised shares of Fair Isaac from a “sector perform” rating to an “outperform” rating and boosted their price target for the company from $2,040.00 to $2,170.00 in a report on Wednesday, February 26th. Four research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target 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.