Aviva PLC Sells 966 Shares of Fair Isaac Co. (NYSE:FICO)

Aviva PLC decreased its holdings in shares of Fair Isaac Co. (NYSE:FICO) by 2.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 41,148 shares of the technology company’s stock after selling 966 shares during the quarter. Aviva PLC owned about 0.17% of Fair Isaac worth $81,923,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. Oarsman Capital Inc. raised its stake in shares of Fair Isaac by 76.7% during the 4th quarter. Oarsman Capital Inc. now owns 53 shares of the technology company’s stock valued at $106,000 after purchasing an additional 23 shares during the period. Resona Asset Management Co. Ltd. purchased a new stake in shares of Fair Isaac in the fourth quarter worth about $16,302,000. Prudential PLC boosted its position in shares of Fair Isaac by 94.9% in the fourth quarter. Prudential PLC now owns 840 shares of the technology company’s stock valued at $1,672,000 after acquiring an additional 409 shares during the period. Landscape Capital Management L.L.C. bought a new stake in Fair Isaac during the 4th quarter worth approximately $1,318,000. Finally, Arete Wealth Advisors LLC bought a new stake in Fair Isaac during the 4th quarter worth approximately $343,000. Hedge funds and other institutional investors own 85.75% of the company’s stock.

Insider Buying and Selling at Fair Isaac

In related news, CEO William J. Lansing sold 4,092 shares of Fair Isaac stock in a transaction on Tuesday, March 11th. The shares were 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 in the company, valued at $72,801,401.22. The trade was a 8.85 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Steven P. Weber sold 139 shares of the business’s stock in a transaction on 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 transaction, the chief financial officer now directly owns 2,478 shares in the company, valued at approximately $4,867,832.76. The trade was a 5.31 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 10,241 shares of company stock worth $18,186,184. 3.46% of the stock is currently owned by company insiders.

Fair Isaac Trading Down 6.6 %

FICO opened at $1,681.51 on Friday. Fair Isaac Co. has a 12 month low of $1,105.65 and a 12 month high of $2,402.52. The business’s 50-day moving average price is $1,823.53 and its 200-day moving average price is $1,988.19. The company has a market cap of $41.06 billion, a P/E ratio of 77.17, a P/E/G ratio of 3.27 and a beta of 1.37.

Fair Isaac (NYSE:FICO) last announced its quarterly 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%. Equities research analysts forecast that Fair Isaac Co. will post 24.15 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on FICO shares. UBS Group reduced their price target on shares of Fair Isaac from $2,250.00 to $2,100.00 and set a “neutral” rating for the company in a research report on Monday, January 27th. Wells Fargo & Company lowered their price target on 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 report on Wednesday, February 5th. JPMorgan Chase & Co. began coverage on shares of Fair Isaac in a research report on Friday, December 20th. They set a “neutral” rating and a $2,150.00 target price for the company. Finally, Robert W. Baird decreased their price target on shares of Fair Isaac from $1,975.00 to $1,775.00 and set a “neutral” rating on the stock in a report on Wednesday, February 5th. Four research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. According to MarketBeat.com, Fair Isaac presently has a consensus rating of “Moderate Buy” and an average price target of $2,080.46.

About Fair Isaac

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.