Bfsg LLC Sells 108 Shares of Fair Isaac Co. (NYSE:FICO)

Bfsg LLC cut its holdings in Fair Isaac Co. (NYSE:FICOFree Report) by 10.4% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 930 shares of the technology company’s stock after selling 108 shares during the quarter. Bfsg LLC’s holdings in Fair Isaac were worth $1,082,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the business. Johnson Investment Counsel Inc. raised its position in shares of Fair Isaac by 0.3% during the third quarter. Johnson Investment Counsel Inc. now owns 3,412 shares of the technology company’s stock worth $2,963,000 after purchasing an additional 11 shares during the period. KB Financial Partners LLC grew its holdings in Fair Isaac by 26.2% during the third quarter. KB Financial Partners LLC now owns 53 shares of the technology company’s stock worth $46,000 after buying an additional 11 shares in the last quarter. Huntington National Bank grew its holdings in Fair Isaac by 14.3% during the third quarter. Huntington National Bank now owns 96 shares of the technology company’s stock worth $83,000 after buying an additional 12 shares in the last quarter. Alcosta Capital Management Inc. grew its holdings in Fair Isaac by 0.4% during the third quarter. Alcosta Capital Management Inc. now owns 3,291 shares of the technology company’s stock worth $2,858,000 after buying an additional 12 shares in the last quarter. Finally, CWM LLC grew its stake in Fair Isaac by 8.1% in the 3rd quarter. CWM LLC now owns 174 shares of the technology company’s stock valued at $151,000 after purchasing an additional 13 shares during the period. 85.75% of the stock is owned by institutional investors and hedge funds.

Fair Isaac Trading Up 0.4 %

NYSE:FICO traded up $4.84 during trading hours on Wednesday, reaching $1,193.03. 177,933 shares of the company traded hands, compared to its average volume of 168,089. The business’s 50-day moving average price is $1,245.39 and its two-hundred day moving average price is $1,147.01. The stock has a market capitalization of $29.65 billion, a P/E ratio of 66.39, a P/E/G ratio of 2.55 and a beta of 1.21. Fair Isaac Co. has a 1 year low of $708.00 and a 1 year high of $1,349.75.

Fair Isaac (NYSE:FICOGet Free Report) last issued its quarterly earnings data on Thursday, January 25th. The technology company reported $3.87 EPS for the quarter, topping the consensus estimate of $3.76 by $0.11. Fair Isaac had a negative return on equity of 57.80% and a net margin of 29.20%. The company had revenue of $382.06 million during the quarter, compared to analyst estimates of $386.55 million. As a group, equities analysts anticipate that Fair Isaac Co. will post 19.95 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on FICO shares. Jefferies Financial Group upped their price objective on Fair Isaac from $1,210.00 to $1,450.00 and gave the company a “buy” rating in a research note on Wednesday, January 17th. Redburn Atlantic initiated coverage on Fair Isaac in a research note on Tuesday, April 16th. They set a “neutral” rating and a $1,113.00 price target for the company. Needham & Company LLC reissued a “buy” rating and set a $1,500.00 price objective on shares of Fair Isaac in a report on Monday. Raymond James increased their price objective on Fair Isaac from $1,214.00 to $1,400.00 and gave the stock an “outperform” rating in a report on Friday, January 26th. Finally, Barclays raised their price target on Fair Isaac from $1,234.00 to $1,500.00 and gave the company an “overweight” rating in a report on Friday, January 26th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and six have assigned a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $1,180.45.

Get Our Latest Analysis on Fair Isaac

Insider Buying and Selling at Fair Isaac

In other news, CEO William J. Lansing sold 8,000 shares of the company’s stock in a transaction dated Tuesday, March 19th. The stock was sold at an average price of $1,225.93, for a total value of $9,807,440.00. Following the completion of the transaction, the chief executive officer now owns 20,638 shares of the company’s stock, valued at $25,300,743.34. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Over the last quarter, insiders sold 24,000 shares of company stock valued at $29,011,120. Company insiders own 3.54% of the company’s stock.

About Fair Isaac

(Free Report)

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.

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Institutional Ownership by Quarter for Fair Isaac (NYSE:FICO)

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