Private Advisor Group LLC Trims Stake in Fair Isaac Co. (NYSE:FICO)

Private Advisor Group LLC cut its stake in Fair Isaac Co. (NYSE:FICO) by 5.3% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 523 shares of the technology company’s stock after selling 29 shares during the period. Private Advisor Group LLC’s holdings in Fair Isaac were worth $1,041,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of FICO. State Street Corp lifted its stake in shares of Fair Isaac by 0.5% in the 3rd quarter. State Street Corp now owns 1,045,165 shares of the technology company’s stock valued at $2,031,299,000 after purchasing an additional 5,472 shares during the period. JPMorgan Chase & Co. lifted 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 valued at $1,308,460,000 after buying an additional 7,466 shares during the period. Geode Capital Management LLC boosted its holdings in shares of Fair Isaac by 1.0% during the 3rd quarter. Geode Capital Management LLC now owns 645,379 shares of the technology company’s stock valued at $1,251,537,000 after buying an additional 6,510 shares in the last quarter. Principal Financial Group Inc. grew its position in shares of Fair Isaac by 0.5% in the 3rd quarter. Principal Financial Group Inc. now owns 372,582 shares of the technology company’s stock worth $724,122,000 after buying an additional 1,977 shares during the period. Finally, Jennison Associates LLC grew its position in shares of Fair Isaac by 5.4% in the 4th quarter. Jennison Associates LLC now owns 254,282 shares of the technology company’s stock worth $506,257,000 after buying an additional 13,133 shares during the period. 85.75% of the stock is owned by institutional investors.

Insider Transactions at Fair Isaac

In related news, CEO William J. Lansing sold 6,010 shares of the stock in a transaction that occurred on Tuesday, February 11th. The shares were sold at an average price of $1,804.23, for a total value 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 represents a 12.48 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP James M. Wehmann sold 3,500 shares of Fair Isaac stock in a transaction that occurred on Thursday, December 5th. The shares were sold at an average price of $2,373.85, for a total transaction of $8,308,475.00. Following the transaction, the executive vice president now directly owns 45,395 shares in the company, valued at $107,760,920.75. This represents a 7.16 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 13,170 shares of company stock worth $27,132,248 in the last three months. Corporate insiders own 3.46% of the company’s stock.

Fair Isaac Stock Performance

Shares of NYSE:FICO opened at $1,884.63 on Friday. The stock’s 50-day simple moving average is $1,892.09 and its two-hundred day simple moving average is $1,976.67. Fair Isaac Co. has a 52-week low of $1,105.65 and a 52-week high of $2,402.52. The stock has a market capitalization of $46.02 billion, a price-to-earnings ratio of 86.49, a PEG ratio of 3.27 and a beta of 1.39.

Fair Isaac (NYSE:FICO) last announced its earnings results 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 net margin of 30.66% and a negative return on equity of 53.40%. As a group, equities analysts forecast that Fair Isaac Co. will post 24.15 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of brokerages recently issued reports on FICO. Oppenheimer lowered their price target 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. Barclays boosted their price target on Fair Isaac from $2,150.00 to $2,350.00 and gave the stock an “overweight” rating in a research report on Thursday, November 7th. UBS Group cut their price target on 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. Royal Bank of Canada upgraded Fair Isaac from a “sector perform” rating to an “outperform” rating and lifted their price objective for the company from $2,040.00 to $2,170.00 in a research note on Wednesday. Finally, Jefferies Financial Group cut their target price on Fair Isaac from $2,275.00 to $2,175.00 and set a “buy” rating on the stock in a research note on Wednesday, February 5th. Four equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Fair Isaac currently has a consensus rating of “Moderate Buy” and an average price target of $2,088.15.

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.