Calamos Advisors LLC Has $2.12 Million Position in Fair Isaac Co. (NYSE:FICO)

Calamos Advisors LLC trimmed its holdings in Fair Isaac Co. (NYSE:FICO) by 15.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,067 shares of the technology company’s stock after selling 195 shares during the quarter. Calamos Advisors LLC’s holdings in Fair Isaac were worth $2,124,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently made changes to their positions in FICO. First National Bank of Omaha acquired a new position in Fair Isaac in the third quarter valued at approximately $1,576,000. National Bank of Canada FI lifted its position in shares of Fair Isaac by 51.9% during the 3rd quarter. National Bank of Canada FI now owns 19,817 shares of the technology company’s stock valued at $38,514,000 after acquiring an additional 6,768 shares during the period. Donoghue Forlines LLC bought a new position in Fair Isaac during the fourth quarter worth $1,935,000. Swedbank AB grew its holdings in Fair Isaac by 11.5% in the third quarter. Swedbank AB now owns 9,822 shares of the technology company’s stock worth $19,089,000 after purchasing an additional 1,013 shares during the period. Finally, BNP Paribas bought a new stake in Fair Isaac in the third quarter valued at $445,000. Institutional investors own 85.75% of the company’s stock.

Insiders Place Their Bets

In other Fair Isaac news, Director Marc F. Mcmorris sold 520 shares of the company’s stock in a transaction dated Tuesday, December 17th. The shares were sold at an average price of $2,152.57, for a total transaction of $1,119,336.40. Following the sale, the director now directly owns 242 shares of the company’s stock, valued at $520,921.94. This represents a 68.24 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Steven P. Weber sold 139 shares of the business’s 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 sale, the chief financial officer now directly owns 2,478 shares in the company, valued at approximately $4,867,832.76. This trade represents a 5.31 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 13,589 shares of company stock valued at $31,258,963. Company insiders own 3.46% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the company. Royal Bank of Canada restated a “sector perform” rating and issued a $2,040.00 target price on shares of Fair Isaac in a research note on Thursday, November 7th. Wells Fargo & Company boosted their price objective on Fair Isaac from $2,200.00 to $2,400.00 and gave the company an “overweight” rating in a report on Thursday, November 7th. The Goldman Sachs Group increased their target price on Fair Isaac from $2,374.00 to $2,661.00 and gave the stock a “buy” rating in a report on Thursday, December 5th. Oppenheimer decreased their price target on shares of Fair Isaac from $2,515.00 to $2,409.00 and set an “outperform” rating for the company in a research note on Tuesday, January 7th. Finally, UBS Group dropped their price objective on shares of 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. Five investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $2,087.77.

Fair Isaac Stock Performance

Shares of FICO stock opened at $1,809.87 on Wednesday. The company has a market capitalization of $44.23 billion, a price-to-earnings ratio of 88.50, a PEG ratio of 3.45 and a beta of 1.39. Fair Isaac Co. has a 52-week low of $1,105.65 and a 52-week high of $2,402.51. The company has a 50-day simple moving average of $2,048.56 and a two-hundred day simple moving average of $1,959.08.

Fair Isaac (NYSE:FICO) last issued 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 negative return on equity of 59.47% and a net margin of 29.86%. On average, sell-side analysts forecast that Fair Isaac Co. will post 24.88 EPS for the current fiscal year.

About Fair Isaac

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.