Hantz Financial Services Inc. Cuts Stake in Fair Isaac Co. (NYSE:FICO)

Hantz Financial Services Inc. cut its stake in Fair Isaac Co. (NYSE:FICO) by 40.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,120 shares of the technology company’s stock after selling 775 shares during the quarter. Hantz Financial Services Inc.’s holdings in Fair Isaac were worth $2,230,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Algert Global LLC grew its holdings in shares of Fair Isaac by 12.0% during the second quarter. Algert Global LLC now owns 281 shares of the technology company’s stock worth $418,000 after buying an additional 30 shares in the last quarter. Creative Planning grew its stake in Fair Isaac by 7.8% during the 2nd quarter. Creative Planning now owns 3,984 shares of the technology company’s stock valued at $5,931,000 after acquiring an additional 289 shares in the last quarter. NewEdge Advisors LLC raised its holdings in Fair Isaac by 5.2% in the 2nd quarter. NewEdge Advisors LLC now owns 808 shares of the technology company’s stock valued at $1,202,000 after acquiring an additional 40 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in Fair Isaac by 6.5% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 280 shares of the technology company’s stock worth $417,000 after purchasing an additional 17 shares in the last quarter. Finally, Sanctuary Advisors LLC acquired a new position in shares of Fair Isaac during the 2nd quarter worth approximately $3,211,000. 85.75% of the stock is currently owned by institutional investors and hedge funds.

Fair Isaac Stock Up 0.3 %

FICO opened at $1,865.69 on Friday. The firm has a market cap of $45.43 billion, a P/E ratio of 91.23, a P/E/G ratio of 3.46 and a beta of 1.40. Fair Isaac Co. has a 52 week low of $1,105.65 and a 52 week high of $2,402.51. The business has a fifty day simple moving average of $2,080.30 and a 200-day simple moving average of $1,949.02.

Insider Activity at Fair Isaac

In related news, CFO Steven P. Weber sold 139 shares of Fair Isaac stock in a transaction that occurred on Thursday, January 9th. The shares were sold at an average price of $1,964.42, for a total value of $273,054.38. Following the completion of the transaction, the chief financial officer now owns 2,478 shares in the company, valued at approximately $4,867,832.76. The trade was a 5.31 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP James M. Wehmann sold 3,500 shares of the stock in a transaction that occurred on Thursday, December 5th. The stock was sold at an average price of $2,373.85, for a total transaction of $8,308,475.00. Following the sale, the executive vice president now owns 45,395 shares in the company, valued at approximately $107,760,920.75. This trade represents a 7.16 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 13,589 shares of company stock worth $31,258,963 in the last three months. 3.54% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the company. Barclays lifted their price objective 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. Oppenheimer reduced their price target on Fair Isaac from $2,515.00 to $2,409.00 and set an “outperform” rating on the stock in a report on Tuesday, January 7th. Robert W. Baird upped their price objective on shares of Fair Isaac from $1,700.00 to $2,000.00 and gave the company a “neutral” rating in a report on Thursday, November 7th. Jefferies Financial Group lifted their target price on shares of Fair Isaac from $2,250.00 to $2,275.00 and gave the stock a “buy” rating in a research note on Wednesday, January 15th. Finally, JPMorgan Chase & Co. initiated coverage on shares of Fair Isaac in a report on Friday, December 20th. They set a “neutral” rating and a $2,150.00 price target for the company. Five research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $2,087.77.

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.