Fair Isaac Co. (NYSE:FICO) Shares Bought by Sequoia Financial Advisors LLC

Sequoia Financial Advisors LLC boosted its holdings in shares of Fair Isaac Co. (NYSE:FICO) by 20.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 502 shares of the technology company’s stock after acquiring an additional 85 shares during the period. Sequoia Financial Advisors LLC’s holdings in Fair Isaac were worth $999,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. State Street Corp raised its position in Fair Isaac by 0.5% during the third quarter. State Street Corp now owns 1,045,165 shares of the technology company’s stock worth $2,031,299,000 after acquiring an additional 5,472 shares during the last quarter. JPMorgan Chase & Co. raised its position in Fair Isaac by 1.1% during the third quarter. JPMorgan Chase & Co. now owns 673,242 shares of the technology company’s stock worth $1,308,460,000 after acquiring an additional 7,466 shares during the last quarter. Geode Capital Management LLC raised its position in Fair Isaac by 1.0% during the third quarter. Geode Capital Management LLC now owns 645,379 shares of the technology company’s stock worth $1,251,537,000 after acquiring an additional 6,510 shares during the last quarter. Principal Financial Group Inc. raised its position in shares of Fair Isaac by 0.5% in the third quarter. Principal Financial Group Inc. now owns 372,582 shares of the technology company’s stock valued at $724,122,000 after buying an additional 1,977 shares during the last quarter. Finally, Jennison Associates LLC raised its position in shares of Fair Isaac by 5.4% in the fourth quarter. Jennison Associates LLC now owns 254,282 shares of the technology company’s stock valued at $506,257,000 after buying an additional 13,133 shares during the last quarter. Institutional investors and hedge funds own 85.75% of the company’s stock.

Analyst Upgrades and Downgrades

FICO has been the subject of a number of analyst reports. Wells Fargo & Company cut 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 report on Wednesday, February 5th. Royal Bank of Canada raised shares of Fair Isaac from a “sector perform” rating to an “outperform” rating and boosted their price objective for the company from $2,040.00 to $2,170.00 in a research report on Wednesday, February 26th. Oppenheimer cut their price objective on shares of Fair Isaac from $2,515.00 to $2,409.00 and set an “outperform” rating for the company in a research report on Tuesday, January 7th. JPMorgan Chase & Co. initiated coverage on shares of Fair Isaac in a research report on Friday, December 20th. They issued a “neutral” rating and a $2,150.00 price objective for the company. Finally, Jefferies Financial Group cut their price objective on shares of Fair Isaac from $2,275.00 to $2,175.00 and set a “buy” rating for the company in a research report on Wednesday, February 5th. Four analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. Based on data from MarketBeat, Fair Isaac presently has an average rating of “Moderate Buy” and a consensus price target of $2,088.15.

Fair Isaac Stock Up 3.4 %

FICO opened at $1,802.42 on Monday. Fair Isaac Co. has a 52-week low of $1,105.65 and a 52-week high of $2,402.52. The company has a 50 day moving average of $1,845.26 and a two-hundred day moving average of $1,983.78. The company has a market cap of $44.01 billion, a P/E ratio of 82.72, a P/E/G ratio of 3.27 and a beta of 1.41.

Fair Isaac (NYSE:FICO) last released its quarterly earnings data on Tuesday, February 4th. The technology company reported $4.15 earnings per share (EPS) 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%. Research analysts anticipate that Fair Isaac Co. will post 24.15 earnings per share for the current year.

Insider Activity at Fair Isaac

In related news, CEO William J. Lansing sold 6,010 shares of the firm’s stock in a transaction on Tuesday, February 11th. The shares were sold at an average price of $1,804.23, for a total transaction of $10,843,422.30. Following the completion of 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 trade represents a 12.48 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Marc F. Mcmorris sold 520 shares of the firm’s stock in a transaction on Tuesday, December 17th. The shares were sold at an average price of $2,152.57, for a total transaction of $1,119,336.40. Following the sale, the director now directly owns 242 shares of the company’s stock, valued at approximately $520,921.94. The trade was a 68.24 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 10,761 shares of company stock valued at $19,305,521. Corporate insiders own 3.46% of the company’s stock.

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.