Whittier Trust Co. of Nevada Inc. Buys 237 Shares of Fair Isaac Co. (NYSE:FICO)

Whittier Trust Co. of Nevada Inc. lifted its stake in shares of Fair Isaac Co. (NYSE:FICO) by 3.7% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 6,567 shares of the technology company’s stock after acquiring an additional 237 shares during the period. Whittier Trust Co. of Nevada Inc.’s holdings in Fair Isaac were worth $13,074,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in FICO. Wealthfront Advisers LLC lifted its holdings in shares of Fair Isaac by 5,217.6% during the 4th quarter. Wealthfront Advisers LLC now owns 147,031 shares of the technology company’s stock worth $292,728,000 after acquiring an additional 144,266 shares during the last quarter. Proficio Capital Partners LLC bought a new stake in shares of Fair Isaac during the 4th quarter worth $261,610,000. Raymond James Financial Inc. purchased a new position in Fair Isaac in the 4th quarter worth $199,441,000. FMR LLC raised its position in Fair Isaac by 46.1% in the 3rd quarter. FMR LLC now owns 207,026 shares of the technology company’s stock worth $402,358,000 after purchasing an additional 65,297 shares during the period. Finally, National Pension Service raised its position in Fair Isaac by 104.9% in the 4th quarter. National Pension Service now owns 79,248 shares of the technology company’s stock worth $157,777,000 after purchasing an additional 40,574 shares during the period. 85.75% of the stock is owned by institutional investors.

Insider Activity at Fair Isaac

In related news, CFO Steven P. Weber sold 139 shares of the business’s stock in a transaction dated 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 sale, the chief financial officer now owns 2,478 shares of the company’s stock, valued at $4,867,832.76. The trade was a 5.31 % 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, CEO William J. Lansing sold 4,092 shares of the business’s stock in a transaction dated 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 sale, the chief executive officer now directly owns 42,138 shares in the company, valued at $72,801,401.22. The trade was a 8.85 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 10,241 shares of company stock worth $18,186,184 over the last 90 days. 3.46% of the stock is owned by company insiders.

Fair Isaac Price Performance

Shares of NYSE FICO opened at $1,854.52 on Friday. Fair Isaac Co. has a 1 year low of $1,105.65 and a 1 year high of $2,402.52. The company’s 50-day moving average is $1,836.39 and its 200 day moving average is $1,983.62. The stock has a market capitalization of $45.28 billion, a P/E ratio of 85.11, a P/E/G ratio of 3.27 and a beta of 1.41.

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%. Research analysts anticipate that Fair Isaac Co. will post 24.15 earnings per share for the current year.

Analysts Set New Price Targets

A number of equities analysts recently commented on the stock. Jefferies Financial Group decreased their target price on shares of Fair Isaac from $2,275.00 to $2,175.00 and set a “buy” rating on the stock in a research report on Wednesday, February 5th. Needham & Company LLC reiterated a “buy” rating and issued a $2,500.00 target price on shares of Fair Isaac in a research report on Wednesday, February 5th. Royal Bank of Canada upgraded shares of Fair Isaac from a “sector perform” rating to an “outperform” rating and lifted their target price for the stock from $2,040.00 to $2,170.00 in a research report on Wednesday, February 26th. The Goldman Sachs Group lifted their target price on shares of Fair Isaac from $2,374.00 to $2,661.00 and gave the stock a “buy” rating in a research report on Thursday, December 5th. Finally, Wells Fargo & Company decreased their target price on shares of Fair Isaac from $2,650.00 to $2,600.00 and set an “overweight” rating on the stock in a research report on Wednesday, February 5th. Four analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. According to MarketBeat.com, Fair Isaac has an average rating of “Moderate Buy” and an average target price of $2,088.15.

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.