Fair Isaac Co. (NYSE:FICO) Shares Sold by Shelton Capital Management

Shelton Capital Management reduced its position in shares of Fair Isaac Co. (NYSE:FICO) by 5.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 138 shares of the technology company’s stock after selling 8 shares during the period. Shelton Capital Management’s holdings in Fair Isaac were worth $275,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Norges Bank acquired a new position in Fair Isaac during the 4th quarter worth $442,369,000. Wealthfront Advisers LLC grew its stake 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 worth $292,728,000 after purchasing an additional 144,266 shares in the last quarter. Proficio Capital Partners LLC bought a new stake in Fair Isaac in the fourth quarter valued at about $261,610,000. Arrowstreet Capital Limited Partnership raised its stake in Fair Isaac by 376.1% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 161,628 shares of the technology company’s stock valued at $321,790,000 after buying an additional 127,679 shares in the last quarter. Finally, Raymond James Financial Inc. bought a new position in Fair Isaac during the 4th quarter worth approximately $199,441,000. 85.75% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on the stock. Needham & Company LLC reaffirmed a “buy” rating and issued a $2,500.00 price objective on shares of Fair Isaac in a report on Wednesday, February 5th. Bank of America started coverage on shares of Fair Isaac in a report on Thursday. They issued a “buy” rating and a $2,800.00 price target for the company. JPMorgan Chase & Co. began coverage on shares of Fair Isaac in a research note on Friday, December 20th. They set a “neutral” rating and a $2,150.00 price objective on the stock. UBS Group decreased their target price on Fair Isaac from $2,250.00 to $2,100.00 and set a “neutral” rating for the company in a research note on Monday, January 27th. Finally, Robert W. Baird dropped their price target on Fair Isaac from $1,975.00 to $1,775.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 5th. Four investment analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $2,131.86.

Fair Isaac Trading Up 0.4 %

NYSE FICO opened at $1,855.60 on Friday. Fair Isaac Co. has a 1-year low of $1,105.65 and a 1-year high of $2,402.52. The stock’s 50 day moving average is $1,813.00 and its two-hundred day moving average is $1,981.82. The company has a market capitalization of $45.31 billion, a price-to-earnings ratio of 85.16, a PEG 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 earnings per share (EPS) for the quarter, missing the consensus estimate of $6.21 by ($2.06). Fair Isaac had a net margin of 30.66% and a negative return on equity of 53.40%. On average, analysts predict that Fair Isaac Co. will post 24.15 earnings per share for the current year.

Insiders Place Their Bets

In related news, CEO William J. Lansing sold 4,092 shares of Fair Isaac stock in a transaction on Tuesday, March 11th. The stock was sold at an average price of $1,727.69, for a total transaction of $7,069,707.48. Following the completion of the sale, the chief executive officer now directly owns 42,138 shares of the company’s stock, valued at $72,801,401.22. The trade was a 8.85 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In the last quarter, insiders have sold 13,058 shares of company stock valued at $23,119,030. 3.46% of the stock is currently owned by corporate insiders.

Fair Isaac 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.