Fair Isaac Co. (NYSE:FICO) Holdings Boosted by Whittier Trust Co.

Whittier Trust Co. increased its position in Fair Isaac Co. (NYSE:FICO) by 2.9% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 13,052 shares of the technology company’s stock after acquiring an additional 366 shares during the period. Whittier Trust Co. owned approximately 0.05% of Fair Isaac worth $25,367,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the business. Heritage Family Offices LLP lifted its holdings in Fair Isaac by 2.0% in the 3rd quarter. Heritage Family Offices LLP now owns 256 shares of the technology company’s stock worth $498,000 after purchasing an additional 5 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. grew its holdings in shares of Fair Isaac by 5.7% during the 3rd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 111 shares of the technology company’s stock worth $216,000 after purchasing an additional 6 shares in the last quarter. Moss Adams Wealth Advisors LLC lifted its stake in Fair Isaac by 4.0% during the third quarter. Moss Adams Wealth Advisors LLC now owns 155 shares of the technology company’s stock worth $301,000 after purchasing an additional 6 shares during the period. EverSource Wealth Advisors LLC grew its holdings in Fair Isaac by 1.8% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 407 shares of the technology company’s stock worth $651,000 after acquiring an additional 7 shares during the last quarter. Finally, Bradley Foster & Sargent Inc. CT lifted its stake in shares of Fair Isaac by 2.5% in the 2nd quarter. Bradley Foster & Sargent Inc. CT now owns 330 shares of the technology company’s stock valued at $491,000 after purchasing an additional 8 shares during the period. 85.75% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, Director Joanna Rees sold 3,961 shares of Fair Isaac stock in a transaction dated Thursday, September 5th. The stock was sold at an average price of $1,750.00, for a total transaction of $6,931,750.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In related news, CFO Steven P. Weber sold 1,800 shares of the firm’s stock in a transaction dated Friday, August 9th. The shares were sold at an average price of $1,735.00, for a total value of $3,123,000.00. Following the transaction, the chief financial officer now directly owns 575 shares of the company’s stock, valued at approximately $997,625. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Joanna Rees sold 3,961 shares of the stock in a transaction on Thursday, September 5th. The shares were sold at an average price of $1,750.00, for a total value of $6,931,750.00. The disclosure for this sale can be found here. In the last quarter, insiders have sold 15,261 shares of company stock valued at $26,291,370. Insiders own 3.54% of the company’s stock.

Fair Isaac Trading Up 0.3 %

Fair Isaac stock traded up $5.55 during trading on Monday, reaching $1,979.01. The company had a trading volume of 119,248 shares, compared to its average volume of 170,572. The firm has a market capitalization of $48.90 billion, a price-to-earnings ratio of 103.59, a price-to-earnings-growth ratio of 3.78 and a beta of 1.35. Fair Isaac Co. has a 52 week low of $811.99 and a 52 week high of $2,103.70. The firm’s 50-day simple moving average is $1,857.71 and its 200 day simple moving average is $1,554.84.

Fair Isaac (NYSE:FICO) last released its quarterly earnings results on Wednesday, July 31st. The technology company reported $4.99 EPS for the quarter, missing the consensus estimate of $5.33 by ($0.34). The company had revenue of $447.85 million during the quarter, compared to analysts’ expectations of $448.53 million. Fair Isaac had a negative return on equity of 60.67% and a net margin of 28.94%. On average, analysts predict that Fair Isaac Co. will post 19.33 earnings per share for the current year.

Fair Isaac announced that its board has approved a stock repurchase plan on Tuesday, July 30th that authorizes the company to repurchase $1.00 billion in shares. This repurchase authorization authorizes the technology company to reacquire up to 2.6% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company’s board believes its shares are undervalued.

Wall Street Analysts Forecast Growth

FICO has been the subject of several recent research reports. Wells Fargo & Company increased their price objective on Fair Isaac from $2,100.00 to $2,200.00 and gave the stock an “overweight” rating in a report on Tuesday, October 1st. The Goldman Sachs Group upped their price target on shares of Fair Isaac from $1,879.00 to $2,130.00 and gave the company a “buy” rating in a research note on Wednesday, October 2nd. Needham & Company LLC lifted their price target on shares of Fair Isaac from $1,500.00 to $1,850.00 and gave the company a “buy” rating in a research report on Thursday, August 1st. Royal Bank of Canada upped their price target on Fair Isaac from $1,350.00 to $1,500.00 and gave the company a “sector perform” rating in a research report on Thursday, August 1st. Finally, Robert W. Baird raised their target price on Fair Isaac from $1,264.00 to $1,700.00 and gave the stock a “neutral” rating in a research note on Thursday, August 1st. Four analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $1,787.08.

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.