Bleakley Financial Group LLC Has $2.74 Million Stock Position in Fair Isaac Co. (NYSE:FICO)

Bleakley Financial Group LLC decreased its stake in Fair Isaac Co. (NYSE:FICO) by 5.6% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 1,375 shares of the technology company’s stock after selling 82 shares during the quarter. Bleakley Financial Group LLC’s holdings in Fair Isaac were worth $2,737,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Capital Performance Advisors LLP acquired a new stake in Fair Isaac during the 3rd quarter worth about $25,000. True Wealth Design LLC boosted its position in Fair Isaac by 900.0% during the 3rd 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 4th quarter worth about $40,000. Meeder Asset Management Inc. boosted its position in Fair Isaac by 37.5% during the 3rd 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 boosted its position in Fair Isaac by 500.0% during the 4th 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.

Insider Buying and Selling at Fair Isaac

In related news, Director Henry Tayloe Stansbury sold 249 shares of the business’s stock in a transaction on Monday, November 11th. The stock was sold at an average price of $2,338.55, for a total transaction of $582,298.95. Following the sale, the director now owns 92 shares in the company, valued at $215,146.60. The trade was a 73.02 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CFO Steven P. Weber sold 139 shares of the business’s stock in a transaction on Thursday, January 9th. The stock was sold at an average price of $1,964.42, for a total value of $273,054.38. Following the sale, the chief financial officer now owns 2,478 shares in the company, valued at $4,867,832.76. This represents a 5.31 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 13,589 shares of company stock valued at $31,258,963 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 $1,881.80 on Friday. The stock has a 50 day moving average price of $2,028.91 and a 200 day moving average price of $1,957.75. Fair Isaac Co. has a 52 week low of $1,105.65 and a 52 week high of $2,402.51. The stock has a market capitalization of $46.00 billion, a PE ratio of 92.02, a price-to-earnings-growth ratio of 3.45 and a beta of 1.39.

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 analysts’ consensus estimates of $6.21 by ($2.06). Fair Isaac had a net margin of 29.86% and a negative return on equity of 59.47%. As a group, research analysts forecast that Fair Isaac Co. will post 24.88 EPS for the current year.

Analyst Ratings Changes

FICO has been the subject of a number of research reports. Barclays raised 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. JPMorgan Chase & Co. began coverage on Fair Isaac in a report on Friday, December 20th. They set a “neutral” rating and a $2,150.00 price target for the company. Needham & Company LLC reiterated a “buy” rating and set a $2,500.00 price target on shares of Fair Isaac in a report on Wednesday. UBS Group reduced their price target on Fair Isaac from $2,250.00 to $2,100.00 and set a “neutral” rating for the company in a report on Monday, January 27th. Finally, The Goldman Sachs Group lifted their price target on Fair Isaac from $2,374.00 to $2,661.00 and gave the company a “buy” rating in a report on Thursday, December 5th. Five investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $2,078.15.

Fair Isaac 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.