Washington Trust Advisors Inc. Sells 12 Shares of Fair Isaac Co. (NYSE:FICO)

Washington Trust Advisors Inc. lowered its holdings in shares of Fair Isaac Co. (NYSE:FICO) by 31.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 26 shares of the technology company’s stock after selling 12 shares during the quarter. Washington Trust Advisors Inc.’s holdings in Fair Isaac were worth $52,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also bought and sold shares of the company. State Street Corp lifted its holdings in shares of Fair Isaac by 0.5% in the 3rd quarter. State Street Corp now owns 1,045,165 shares of the technology company’s stock worth $2,031,299,000 after acquiring an additional 5,472 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of Fair Isaac by 1.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 673,242 shares of the technology company’s stock worth $1,308,460,000 after acquiring an additional 7,466 shares during the last quarter. Geode Capital Management LLC lifted its holdings in shares of Fair Isaac by 1.0% in the 3rd quarter. Geode Capital Management LLC now owns 645,379 shares of the technology company’s stock worth $1,251,537,000 after acquiring an additional 6,510 shares during the last quarter. Principal Financial Group Inc. lifted its holdings in shares of Fair Isaac by 0.5% in the 3rd quarter. Principal Financial Group Inc. now owns 372,582 shares of the technology company’s stock worth $724,122,000 after acquiring an additional 1,977 shares during the last quarter. Finally, Jennison Associates LLC lifted its holdings in shares of Fair Isaac by 5.4% in the 4th quarter. Jennison Associates LLC now owns 254,282 shares of the technology company’s stock worth $506,257,000 after acquiring an additional 13,133 shares during the last quarter. Institutional investors own 85.75% of the company’s stock.

Fair Isaac Stock Performance

NYSE FICO opened at $1,817.40 on Friday. The company has a market capitalization of $44.38 billion, a price-to-earnings ratio of 83.41, a price-to-earnings-growth ratio of 3.27 and a beta of 1.39. The company’s 50-day simple moving average is $1,878.49 and its two-hundred day simple moving average is $1,980.30. Fair Isaac Co. has a one year low of $1,105.65 and a one year high of $2,402.52.

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 net margin of 30.66% and a negative return on equity of 53.40%. Equities analysts expect that Fair Isaac Co. will post 24.15 earnings per share for the current fiscal year.

Insider Transactions at Fair Isaac

In other 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 transaction, the chief financial officer now owns 2,478 shares of the company’s stock, valued at $4,867,832.76. The trade was a 5.31 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO William J. Lansing sold 6,010 shares of Fair Isaac stock in a transaction that occurred on Tuesday, February 11th. The stock was sold at an average price of $1,804.23, for a total transaction of $10,843,422.30. Following the completion of the transaction, the chief executive officer now directly owns 42,138 shares in the company, valued at approximately $76,026,643.74. The trade was a 12.48 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 9,670 shares of company stock valued at $18,823,773 in the last 90 days. Insiders own 3.46% of the company’s stock.

Wall Street Analyst Weigh In

FICO has been the subject of several analyst reports. Robert W. Baird lowered 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 report on Wednesday, February 5th. Needham & Company LLC reiterated a “buy” rating and set a $2,500.00 price objective on shares of Fair Isaac in a report on Wednesday, February 5th. Barclays lifted their price objective on shares of Fair Isaac from $2,150.00 to $2,350.00 and gave the company an “overweight” rating in a report on Thursday, November 7th. Royal Bank of Canada upgraded shares of Fair Isaac from a “sector perform” rating to an “outperform” rating and lifted their price objective for the company from $2,040.00 to $2,170.00 in a report on Wednesday, February 26th. Finally, The Goldman Sachs Group lifted their price objective on shares of Fair Isaac from $2,374.00 to $2,661.00 and gave the company a “buy” rating in a report on Thursday, December 5th. Four analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $2,088.15.

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.