Wilmington Savings Fund Society FSB Trims Stake in Fair Isaac Co. (NYSE:FICO)

Wilmington Savings Fund Society FSB lessened its position in shares of Fair Isaac Co. (NYSE:FICO) by 3.5% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 753 shares of the technology company’s stock after selling 27 shares during the quarter. Wilmington Savings Fund Society FSB’s holdings in Fair Isaac were worth $1,499,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently added to or reduced their stakes in the company. Heritage Family Offices LLP increased its holdings in shares of Fair Isaac by 2.0% in the 3rd quarter. Heritage Family Offices LLP now owns 256 shares of the technology company’s stock valued at $498,000 after acquiring an additional 5 shares during the period. Thurston Springer Miller Herd & Titak Inc. increased its stake in Fair Isaac by 5.7% in the third quarter. Thurston Springer Miller Herd & Titak Inc. now owns 111 shares of the technology company’s stock valued at $216,000 after purchasing an additional 6 shares during the period. Moss Adams Wealth Advisors LLC increased its stake in Fair Isaac by 4.0% in the third quarter. Moss Adams Wealth Advisors LLC now owns 155 shares of the technology company’s stock valued at $301,000 after purchasing an additional 6 shares during the period. Covestor Ltd raised its holdings in shares of Fair Isaac by 30.0% in the third quarter. Covestor Ltd now owns 26 shares of the technology company’s stock valued at $52,000 after buying an additional 6 shares during the last quarter. Finally, Meeder Asset Management Inc. boosted its stake in shares of 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 buying an additional 6 shares during the period. Institutional investors and hedge funds own 85.75% of the company’s stock.

Fair Isaac Trading Down 1.5 %

FICO stock opened at $1,858.97 on Monday. The company has a market cap of $45.40 billion, a price-to-earnings ratio of 85.31, a PEG ratio of 3.61 and a beta of 1.39. The firm has a 50 day moving average of $2,018.44 and a 200-day moving average of $1,964.49. Fair Isaac Co. has a 12-month low of $1,105.65 and a 12-month high of $2,402.51.

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

Wall Street Analyst Weigh In

Several analysts have commented on FICO shares. Needham & Company LLC reaffirmed a “buy” rating and set a $2,500.00 price objective on shares of Fair Isaac in a research note on Wednesday, February 5th. The Goldman Sachs Group increased their price target on Fair Isaac from $2,374.00 to $2,661.00 and gave the stock a “buy” rating in a report on Thursday, December 5th. UBS Group dropped their price objective on shares of 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. Wells Fargo & Company reduced their target price on shares of Fair Isaac from $2,650.00 to $2,600.00 and set an “overweight” rating for the company in a research note on Wednesday, February 5th. Finally, Oppenheimer dropped their price target on shares of Fair Isaac from $2,515.00 to $2,409.00 and set an “outperform” rating on the stock in a research note on Tuesday, January 7th. Five equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $2,078.15.

Insider Activity at Fair Isaac

In other news, EVP James M. Wehmann sold 3,500 shares of the company’s stock in a transaction on Thursday, December 5th. The stock was sold at an average price of $2,373.85, for a total value of $8,308,475.00. Following the sale, 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 ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Steven P. Weber sold 139 shares of Fair Isaac stock in a transaction dated 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 of the company’s stock, valued at approximately $4,867,832.76. This represents a 5.31 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 10,660 shares of company stock valued at $24,410,261. 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.