Fair Isaac Co. (NYSE:FICO) Shares Sold by Tredje AP fonden

Tredje AP fonden lessened its holdings in shares of Fair Isaac Co. (NYSE:FICO) by 50.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,000 shares of the technology company’s stock after selling 2,009 shares during the period. Tredje AP fonden’s holdings in Fair Isaac were worth $3,982,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of FICO. Wealthfront Advisers LLC increased its holdings in Fair Isaac by 5,217.6% in the fourth quarter. Wealthfront Advisers LLC now owns 147,031 shares of the technology company’s stock valued at $292,728,000 after buying an additional 144,266 shares in the last quarter. Proficio Capital Partners LLC purchased a new position in Fair Isaac in the 4th quarter valued at approximately $261,610,000. Raymond James Financial Inc. acquired a new position in Fair Isaac during the fourth quarter worth $199,441,000. FMR LLC raised its holdings in Fair Isaac by 46.1% during the third quarter. FMR LLC now owns 207,026 shares of the technology company’s stock worth $402,358,000 after purchasing an additional 65,297 shares during the last quarter. Finally, Jennison Associates LLC boosted its position in Fair Isaac by 35.1% during the third quarter. Jennison Associates LLC now owns 241,149 shares of the technology company’s stock worth $468,677,000 after purchasing an additional 62,653 shares in the last quarter. Institutional investors and hedge funds own 85.75% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on the company. Oppenheimer dropped their price target on Fair Isaac from $2,515.00 to $2,409.00 and set an “outperform” rating for the company in a research report on Tuesday, January 7th. Robert W. Baird dropped 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. Wells Fargo & Company reduced their price target on shares of Fair Isaac from $2,650.00 to $2,600.00 and set an “overweight” rating on the stock in a report on Wednesday, February 5th. Needham & Company LLC reissued a “buy” rating and set a $2,500.00 price objective on shares of Fair Isaac in a research note on Wednesday, February 5th. Finally, JPMorgan Chase & Co. started coverage on Fair Isaac in a research report on Friday, December 20th. They set a “neutral” rating and a $2,150.00 price objective for the company. Four research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $2,088.15.

Fair Isaac Stock Down 2.1 %

Shares of Fair Isaac stock opened at $1,741.96 on Friday. The firm has a market cap of $42.54 billion, a PE ratio of 79.94, a P/E/G ratio of 3.27 and a beta of 1.41. Fair Isaac Co. has a fifty-two week low of $1,105.65 and a fifty-two week high of $2,402.52. The business’s fifty day moving average is $1,853.61 and its two-hundred day moving average is $1,981.09.

Fair Isaac (NYSE:FICO) last released its earnings results on Tuesday, February 4th. The technology company reported $4.15 earnings per share for the quarter, missing the consensus estimate of $6.21 by ($2.06). Fair Isaac had a negative return on equity of 53.40% and a net margin of 30.66%. Equities research analysts anticipate that Fair Isaac Co. will post 24.15 EPS for the current year.

Insider Buying and Selling

In other news, Director Marc F. Mcmorris sold 520 shares of the firm’s stock in a transaction dated Tuesday, December 17th. The stock was sold at an average price of $2,152.57, for a total value of $1,119,336.40. Following the transaction, the director now directly owns 242 shares in the company, valued at $520,921.94. This trade represents a 68.24 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO William J. Lansing sold 4,092 shares of the business’s stock in a transaction dated Tuesday, March 11th. The stock was sold at an average price of $1,727.69, for a total value of $7,069,707.48. Following the sale, the chief executive officer now owns 42,138 shares of the company’s stock, valued at $72,801,401.22. The trade was a 8.85 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 10,761 shares of company stock valued at $19,305,521. 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.