Fair Isaac Co. (NYSE:FICO) Shares Sold by Franklin Resources Inc.

Franklin Resources Inc. lowered its position in shares of Fair Isaac Co. (NYSE:FICO) by 25.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 266,654 shares of the technology company’s stock after selling 91,322 shares during the quarter. Franklin Resources Inc. owned approximately 1.09% of Fair Isaac worth $530,889,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Rakuten Securities Inc. boosted its holdings in shares of Fair Isaac by 160.0% during the fourth quarter. Rakuten Securities Inc. now owns 13 shares of the technology company’s stock worth $26,000 after purchasing an additional 8 shares during the last quarter. True Wealth Design LLC boosted its stake in Fair Isaac by 900.0% in the 3rd quarter. True Wealth Design LLC now owns 20 shares of the technology company’s stock worth $39,000 after buying an additional 18 shares during the last quarter. Berbice Capital Management LLC acquired a new stake in Fair Isaac in the 4th quarter worth about $40,000. Avalon Trust Co purchased a new stake in Fair Isaac in the fourth quarter valued at approximately $40,000. Finally, OFI Invest Asset Management purchased a new position in Fair Isaac during the fourth quarter worth approximately $42,000. 85.75% of the stock is owned by hedge funds and other institutional investors.

Fair Isaac Price Performance

NYSE:FICO opened at $1,844.90 on Tuesday. Fair Isaac Co. has a 1-year low of $1,105.65 and a 1-year high of $2,402.52. The firm has a 50-day moving average of $1,827.49 and a two-hundred day moving average of $1,991.74. The stock has a market cap of $45.05 billion, a P/E ratio of 84.67, a PEG ratio of 3.27 and a beta of 1.41.

Fair Isaac (NYSE:FICO) last posted its quarterly earnings data 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%. As a group, equities analysts expect that Fair Isaac Co. will post 24.15 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on FICO shares. Robert W. Baird dropped their price objective on 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 dropped 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 report on Wednesday, February 5th. JPMorgan Chase & Co. started coverage on shares of Fair Isaac in a research report on Friday, December 20th. They set a “neutral” rating and a $2,150.00 price target on the stock. Jefferies Financial Group dropped their price objective on shares of Fair Isaac from $2,275.00 to $2,175.00 and set a “buy” rating for the company in a research report on Wednesday, February 5th. Finally, UBS Group reduced their target price on shares of Fair Isaac from $2,250.00 to $2,100.00 and set a “neutral” rating on the stock in a report on Monday, January 27th. Four analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $2,088.15.

Insider Buying and Selling

In other Fair Isaac news, CFO Steven P. Weber sold 139 shares of the business’s stock in a transaction dated Thursday, January 9th. The shares were sold at an average price of $1,964.42, for a total transaction of $273,054.38. Following the completion of the transaction, the chief financial officer now directly 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 transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO William J. Lansing sold 6,010 shares of the company’s stock in a transaction dated 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 owns 42,138 shares of the company’s stock, valued at approximately $76,026,643.74. This trade represents a 12.48 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 10,241 shares of company stock worth $18,186,184 over the last ninety days. 3.46% of the stock is owned by insiders.

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.