Yousif Capital Management LLC trimmed its stake in Fair Isaac Co. (NYSE:FICO – Free Report) by 8.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 3,070 shares of the technology company’s stock after selling 300 shares during the period. Yousif Capital Management LLC’s holdings in Fair Isaac were worth $6,112,000 as of its most recent SEC filing.
Other hedge funds have also recently bought and sold shares of the company. E. Ohman J or Asset Management AB increased its holdings in shares of Fair Isaac by 3.2% during the fourth quarter. E. Ohman J or Asset Management AB now owns 1,120 shares of the technology company’s stock worth $2,230,000 after buying an additional 35 shares in the last quarter. Mather Group LLC. grew its position in Fair Isaac by 5.2% during the 4th quarter. Mather Group LLC. now owns 122 shares of the technology company’s stock worth $243,000 after acquiring an additional 6 shares during the last quarter. Trust Point Inc. increased its holdings in Fair Isaac by 15.7% during the 4th quarter. Trust Point Inc. now owns 192 shares of the technology company’s stock valued at $382,000 after purchasing an additional 26 shares in the last quarter. Jennison Associates LLC raised its position in Fair Isaac by 5.4% in the 4th quarter. Jennison Associates LLC now owns 254,282 shares of the technology company’s stock valued at $506,257,000 after purchasing an additional 13,133 shares during the last quarter. Finally, Resonant Capital Advisors LLC boosted its stake in Fair Isaac by 2.0% in the fourth quarter. Resonant Capital Advisors LLC now owns 306 shares of the technology company’s stock worth $609,000 after purchasing an additional 6 shares in the last quarter. 85.75% of the stock is currently owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
FICO has been the subject of a number of research analyst reports. JPMorgan Chase & Co. began coverage on Fair Isaac in a report on Friday, December 20th. They issued a “neutral” rating and a $2,150.00 price target for the company. Barclays boosted their target price on shares of Fair Isaac from $2,150.00 to $2,350.00 and gave the stock an “overweight” rating in a research note on Thursday, November 7th. Jefferies Financial Group decreased their price target on shares of Fair Isaac from $2,275.00 to $2,175.00 and set a “buy” rating on the stock in a research note on Wednesday. Royal Bank of Canada restated a “sector perform” rating and issued a $2,040.00 price objective on shares of Fair Isaac in a research report on Thursday, November 7th. Finally, Oppenheimer decreased their price objective on Fair Isaac from $2,515.00 to $2,409.00 and set an “outperform” rating on the stock in a research report on Tuesday, January 7th. Five analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $2,078.15.
Insiders Place Their Bets
In other Fair Isaac news, Director Henry Tayloe Stansbury sold 249 shares of the firm’s stock in a transaction that occurred on Monday, November 11th. The shares were sold at an average price of $2,338.55, for a total transaction of $582,298.95. Following the sale, the director now directly owns 92 shares in the company, valued at approximately $215,146.60. This trade represents a 73.02 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CFO Steven P. Weber sold 139 shares of Fair Isaac stock in a transaction that occurred 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 completion of 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 position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 13,589 shares of company stock worth $31,258,963. Company insiders own 3.46% of the company’s stock.
Fair Isaac Trading Up 1.8 %
NYSE FICO opened at $1,881.80 on Friday. Fair Isaac Co. has a 12 month low of $1,105.65 and a 12 month high of $2,402.51. The stock has a 50-day simple moving average of $2,028.91 and a 200 day simple moving average of $1,957.75. The company has a market capitalization of $46.00 billion, a PE ratio of 92.02, a P/E/G ratio of 3.45 and a beta of 1.39.
Fair Isaac (NYSE:FICO – Get Free Report) 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 net margin of 29.86% and a negative return on equity of 59.47%. As a group, sell-side analysts predict that Fair Isaac Co. will post 24.88 earnings per share for the current fiscal year.
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.
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