Fair Isaac Co. (NYSE:FICO) Shares Sold by Rhumbline Advisers

Rhumbline Advisers decreased its holdings in shares of Fair Isaac Co. (NYSE:FICO) by 2.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 50,006 shares of the technology company’s stock after selling 1,413 shares during the quarter. Rhumbline Advisers’ holdings in Fair Isaac were worth $99,558,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Capital Performance Advisors LLP acquired a new stake in Fair Isaac during the third quarter worth about $25,000. True Wealth Design LLC raised its stake in Fair Isaac by 900.0% during the third quarter. True Wealth Design LLC now owns 20 shares of the technology company’s stock worth $39,000 after acquiring an additional 18 shares during the period. Berbice Capital Management LLC acquired a new stake in Fair Isaac during the fourth quarter worth about $40,000. Meeder Asset Management Inc. raised its stake in Fair Isaac by 37.5% during the third quarter. Meeder Asset Management Inc. now owns 22 shares of the technology company’s stock worth $43,000 after acquiring an additional 6 shares during the period. Finally, Versant Capital Management Inc raised its stake in Fair Isaac by 500.0% during the fourth quarter. Versant Capital Management Inc now owns 24 shares of the technology company’s stock worth $48,000 after acquiring an additional 20 shares during the period. Institutional investors and hedge funds own 85.75% of the company’s stock.

Fair Isaac Stock Performance

Shares of NYSE:FICO opened at $1,795.33 on Friday. The stock has a market capitalization of $43.84 billion, a price-to-earnings ratio of 82.39, a PEG ratio of 3.61 and a beta of 1.39. Fair Isaac Co. has a 1-year low of $1,105.65 and a 1-year high of $2,402.51. The company has a 50 day moving average price of $1,962.97 and a 200 day moving average price of $1,969.35.

Fair Isaac (NYSE:FICO) last issued its earnings results on Tuesday, February 4th. The technology company reported $4.15 earnings per share 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%. On average, sell-side analysts expect that Fair Isaac Co. will post 23.91 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

FICO has been the subject of several recent analyst reports. 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 target price for the company. Needham & Company LLC restated a “buy” rating and issued a $2,500.00 target price on shares of Fair Isaac in a research report on Wednesday, February 5th. The Goldman Sachs Group upped their target price 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. Barclays upped their target price on shares of 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. Finally, Robert W. Baird decreased their target price on shares of Fair Isaac from $1,975.00 to $1,775.00 and set a “neutral” rating for the company in a research report on Wednesday, February 5th. Five research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $2,078.15.

Insider Buying and Selling

In related news, EVP James M. Wehmann sold 3,500 shares of the firm’s stock in a transaction that occurred on 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 sale, the executive vice president now directly owns 48,895 shares in the company, valued at approximately $113,456,446.95. This trade represents a 6.68 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Marc F. Mcmorris sold 520 shares of the company’s stock in a transaction that occurred 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 completion of the sale, the director now owns 242 shares of the company’s stock, valued at approximately $520,921.94. This trade represents a 68.24 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 16,670 shares of company stock worth $35,253,683. Corporate insiders own 3.46% of the company’s stock.

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.