Mirae Asset Global Investments Co. Ltd. Sells 1,385 Shares of Fair Isaac Co. (NYSE:FICO)

Mirae Asset Global Investments Co. Ltd. lowered its position in Fair Isaac Co. (NYSE:FICO) by 25.1% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 4,137 shares of the technology company’s stock after selling 1,385 shares during the period. Mirae Asset Global Investments Co. Ltd.’s holdings in Fair Isaac were worth $8,377,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. GAMMA Investing LLC boosted its holdings in shares of Fair Isaac by 20.0% during the 3rd quarter. GAMMA Investing LLC now owns 66 shares of the technology company’s stock valued at $128,000 after purchasing an additional 11 shares during the last quarter. Mather Group LLC. lifted its position in shares of Fair Isaac by 38.1% in the third quarter. Mather Group LLC. now owns 116 shares of the technology company’s stock worth $225,000 after buying an additional 32 shares in the last quarter. Atomi Financial Group Inc. boosted its stake in Fair Isaac by 13.4% during the third quarter. Atomi Financial Group Inc. now owns 245 shares of the technology company’s stock valued at $476,000 after buying an additional 29 shares during the last quarter. CWM LLC grew its holdings in 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 buying an additional 166 shares in the last quarter. Finally, Wedmont Private Capital increased its stake in Fair Isaac by 17.0% in the 3rd quarter. Wedmont Private Capital now owns 296 shares of the technology company’s stock worth $579,000 after acquiring an additional 43 shares during the last quarter. Hedge funds and other institutional investors own 85.75% of the company’s stock.

Analyst Ratings Changes

FICO has been the subject of a number of recent research reports. Barclays raised their target price on shares of Fair Isaac from $2,150.00 to $2,350.00 and gave the company an “overweight” rating in a report on Thursday, November 7th. Robert W. Baird dropped their price objective on shares of Fair Isaac from $1,975.00 to $1,775.00 and set a “neutral” rating for the company in a research note on Wednesday. UBS Group reduced their target price on shares of Fair Isaac from $2,250.00 to $2,100.00 and set a “neutral” rating on the stock in a report on Monday, January 27th. Jefferies Financial Group lowered their price target on shares of Fair Isaac from $2,275.00 to $2,175.00 and set a “buy” rating for the company in a report on Wednesday. Finally, JPMorgan Chase & Co. began coverage on Fair Isaac in a research note on Friday, December 20th. They set a “neutral” rating and a $2,150.00 price objective on the stock. Five research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat, Fair Isaac presently has an average rating of “Moderate Buy” and a consensus price target of $2,078.15.

Fair Isaac Stock Down 1.5 %

FICO stock opened at $1,858.97 on Friday. The firm has a market cap of $45.43 billion, a price-to-earnings ratio of 90.90, a PEG ratio of 3.45 and a beta of 1.39. Fair Isaac Co. has a twelve month low of $1,105.65 and a twelve month high of $2,402.51. The business’s fifty day simple moving average is $2,018.44 and its two-hundred day simple moving average is $1,959.32.

Fair Isaac (NYSE:FICO) last announced its quarterly earnings data on Tuesday, February 4th. The technology company reported $4.15 earnings per share 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%. Research analysts expect that Fair Isaac Co. will post 24.88 EPS for the current year.

Insider Buying and Selling

In other news, EVP Thomas A. Bowers sold 2,680 shares of the company’s stock in a transaction that occurred on Monday, November 11th. The shares were sold at an average price of $2,338.21, for a total value of $6,266,402.80. Following the completion of the sale, the executive vice president now owns 5,769 shares of the company’s stock, valued at approximately $13,489,133.49. This represents a 31.72 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, 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 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 ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 13,589 shares of company stock valued at $31,258,963 over the last quarter. 3.46% of the stock is owned by corporate insiders.

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.