State of Alaska Department of Revenue Has $5.53 Million Stock Position in Fair Isaac Co. (NYSE:FICO)

State of Alaska Department of Revenue cut its holdings in Fair Isaac Co. (NYSE:FICO) by 80.4% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,776 shares of the technology company’s stock after selling 11,375 shares during the period. State of Alaska Department of Revenue’s holdings in Fair Isaac were worth $5,526,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the business. GAMMA Investing LLC lifted its position in Fair Isaac by 20.0% during the 3rd quarter. GAMMA Investing LLC now owns 66 shares of the technology company’s stock worth $128,000 after buying an additional 11 shares in the last quarter. Mather Group LLC. increased its position in shares of Fair Isaac by 38.1% in the third quarter. Mather Group LLC. now owns 116 shares of the technology company’s stock valued at $225,000 after acquiring an additional 32 shares during the last quarter. Atomi Financial Group Inc. raised its holdings in Fair Isaac by 13.4% during the third quarter. Atomi Financial Group Inc. now owns 245 shares of the technology company’s stock worth $476,000 after acquiring an additional 29 shares in the last quarter. CWM LLC boosted its position in Fair Isaac by 43.7% during the third quarter. CWM LLC now owns 546 shares of the technology company’s stock valued at $1,061,000 after purchasing an additional 166 shares during the last quarter. Finally, Wedmont Private Capital grew its stake in Fair Isaac by 17.0% in the third quarter. Wedmont Private Capital now owns 296 shares of the technology company’s stock valued at $579,000 after purchasing an additional 43 shares in the last quarter. Institutional investors own 85.75% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have recently commented on FICO shares. Royal Bank of Canada reissued a “sector perform” rating and issued a $2,040.00 price objective on shares of Fair Isaac in a report on Thursday, November 7th. UBS Group decreased their price objective on shares of Fair Isaac from $2,250.00 to $2,100.00 and set a “neutral” rating for the company in a research report on Monday, January 27th. Needham & Company LLC reaffirmed a “buy” rating and issued a $2,500.00 target price on shares of Fair Isaac in a report on Wednesday. Robert W. Baird reduced their price target on Fair Isaac from $1,975.00 to $1,775.00 and set a “neutral” rating for the company in a report on Wednesday. Finally, The Goldman Sachs Group upped their price objective on Fair Isaac from $2,374.00 to $2,661.00 and gave the company a “buy” rating in a research note on Thursday, December 5th. Five investment analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat, Fair Isaac has an average rating of “Moderate Buy” and an average target price of $2,078.15.

Insider Activity at Fair Isaac

In related news, Director Henry Tayloe Stansbury sold 249 shares of the company’s stock in a transaction dated Monday, November 11th. The shares were sold at an average price of $2,338.55, for a total transaction of $582,298.95. Following the completion of the sale, the director now owns 92 shares of the company’s stock, valued at $215,146.60. This represents a 73.02 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP James M. Wehmann sold 3,500 shares of the firm’s stock in a transaction dated Thursday, November 21st. The shares were sold at an average price of $2,320.41, for a total transaction of $8,121,435.00. Following the completion of the transaction, the executive vice president now directly owns 48,895 shares in the company, valued at approximately $113,456,446.95. This represents a 6.68 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 13,589 shares of company stock worth $31,258,963. Company insiders own 3.46% of the company’s stock.

Fair Isaac Price Performance

Shares of NYSE FICO opened at $1,858.97 on Friday. Fair Isaac Co. has a one year low of $1,105.65 and a one year high of $2,402.51. The firm has a market cap of $45.43 billion, a price-to-earnings ratio of 90.90, a P/E/G ratio of 3.45 and a beta of 1.39. The stock’s fifty day moving average price is $2,018.44 and its two-hundred day moving average price is $1,959.32.

Fair Isaac (NYSE:FICO) last released its quarterly earnings results on Tuesday, February 4th. The technology company reported $4.15 EPS for the quarter, missing analysts’ consensus estimates of $6.21 by ($2.06). Fair Isaac had a negative return on equity of 59.47% and a net margin of 29.86%. On average, equities analysts anticipate that Fair Isaac Co. will post 24.88 earnings per share for the current fiscal year.

About Fair Isaac

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.