V Square Quantitative Management LLC Has $1.02 Million Position in Fair Isaac Co. (NYSE:FICO)

V Square Quantitative Management LLC reduced its stake in shares of Fair Isaac Co. (NYSE:FICO) by 4.5% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 511 shares of the technology company’s stock after selling 24 shares during the quarter. V Square Quantitative Management LLC’s holdings in Fair Isaac were worth $1,017,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. CWM LLC lifted its holdings in shares of Fair Isaac by 43.7% during the 3rd quarter. CWM LLC now owns 546 shares of the technology company’s stock valued at $1,061,000 after purchasing an additional 166 shares in the last quarter. Creative Planning lifted its holdings in shares of Fair Isaac by 11.2% during the 3rd quarter. Creative Planning now owns 4,429 shares of the technology company’s stock valued at $8,608,000 after purchasing an additional 445 shares in the last quarter. nVerses Capital LLC bought a new position in shares of Fair Isaac during the 3rd quarter valued at about $389,000. Global Retirement Partners LLC lifted its holdings in shares of Fair Isaac by 15.4% during the 3rd quarter. Global Retirement Partners LLC now owns 202 shares of the technology company’s stock valued at $393,000 after purchasing an additional 27 shares in the last quarter. Finally, Sumitomo Mitsui DS Asset Management Company Ltd lifted its holdings in shares of Fair Isaac by 0.6% during the 3rd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 2,801 shares of the technology company’s stock valued at $5,444,000 after purchasing an additional 16 shares in the last quarter. 85.75% of the stock is currently owned by institutional investors and hedge funds.

Fair Isaac Stock Performance

Shares of NYSE:FICO opened at $1,795.33 on Friday. The firm has a market cap of $43.84 billion, a PE ratio of 82.39, a price-to-earnings-growth ratio of 3.61 and a beta of 1.39. The firm’s fifty day moving average is $1,962.97 and its 200-day moving average is $1,966.69. Fair Isaac Co. has a 52 week low of $1,105.65 and a 52 week high of $2,402.51.

Fair Isaac (NYSE:FICO) last released its 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%. Sell-side analysts forecast that Fair Isaac Co. will post 23.91 EPS for the current year.

Analyst Ratings Changes

FICO has been the topic of several recent analyst reports. Needham & Company LLC reiterated a “buy” rating and set a $2,500.00 price objective on shares of Fair Isaac in a report on Wednesday, February 5th. Jefferies Financial Group cut their target price on Fair Isaac from $2,275.00 to $2,175.00 and set a “buy” rating on the stock in a research note on Wednesday, February 5th. UBS Group cut their target price on Fair Isaac from $2,250.00 to $2,100.00 and set a “neutral” rating on the stock in a research note on Monday, January 27th. Robert W. Baird cut their target price on Fair Isaac from $1,975.00 to $1,775.00 and set a “neutral” rating on the stock in a research note on Wednesday, February 5th. Finally, JPMorgan Chase & Co. initiated coverage on Fair Isaac in a research note on Friday, December 20th. They issued a “neutral” rating and a $2,150.00 target price on the stock. Five research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $2,078.15.

Insider Activity at Fair Isaac

In other Fair Isaac news, Director Marc F. Mcmorris sold 520 shares of Fair Isaac stock in a transaction on Tuesday, December 17th. The shares were sold at an average price of $2,152.57, for a total value of $1,119,336.40. Following the completion of the sale, the director now directly owns 242 shares of the company’s stock, valued at approximately $520,921.94. The trade was a 68.24 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP James M. Wehmann sold 3,500 shares of Fair Isaac stock in a transaction on Thursday, December 5th. The shares were sold at an average price of $2,373.85, for a total transaction of $8,308,475.00. Following the completion of the sale, the executive vice president now directly owns 45,395 shares of the company’s stock, valued at approximately $107,760,920.75. This trade represents a 7.16 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 16,670 shares of company stock worth $35,253,683 over the last quarter. Company insiders own 3.46% of the company’s stock.

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.