Avantax Advisory Services Inc. Sells 435 Shares of Fair Isaac Co. (NYSE:FICO)

Avantax Advisory Services Inc. trimmed its position in shares of Fair Isaac Co. (NYSE:FICO) by 32.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 922 shares of the technology company’s stock after selling 435 shares during the period. Avantax Advisory Services Inc.’s holdings in Fair Isaac were worth $1,836,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Principal Financial Group Inc. grew its holdings in Fair Isaac by 0.5% in the 3rd quarter. Principal Financial Group Inc. now owns 372,582 shares of the technology company’s stock valued at $724,122,000 after buying an additional 1,977 shares during the last quarter. ING Groep NV bought a new stake in shares of Fair Isaac in the third quarter valued at approximately $1,559,000. CIBC Asset Management Inc grew its stake in shares of Fair Isaac by 7.7% in the third quarter. CIBC Asset Management Inc now owns 3,589 shares of the technology company’s stock worth $6,975,000 after acquiring an additional 257 shares during the last quarter. Natixis Advisors LLC increased its position in Fair Isaac by 1.9% during the third quarter. Natixis Advisors LLC now owns 10,369 shares of the technology company’s stock worth $20,152,000 after acquiring an additional 194 shares during the period. Finally, Thrivent Financial for Lutherans boosted its holdings in Fair Isaac by 5.4% in the 3rd quarter. Thrivent Financial for Lutherans now owns 4,185 shares of the technology company’s stock valued at $8,134,000 after purchasing an additional 214 shares during the period. 85.75% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

FICO has been the topic of several research reports. 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 on the stock in a report on Wednesday, February 5th. Jefferies Financial Group lowered their price target 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. The Goldman Sachs Group raised their price objective on 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. Oppenheimer lowered 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. Finally, UBS Group reduced their target price on Fair Isaac from $2,250.00 to $2,100.00 and set a “neutral” rating for the company in a research report on Monday, January 27th. Four investment analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $2,088.15.

Fair Isaac Stock Up 2.6 %

Shares of FICO stock opened at $1,846.45 on Tuesday. The company has a market capitalization of $45.09 billion, a P/E ratio of 84.74, a P/E/G ratio of 3.27 and a beta of 1.41. Fair Isaac Co. has a 12-month low of $1,105.65 and a 12-month high of $2,402.52. The firm has a 50-day moving average price of $1,842.79 and a 200 day moving average price of $1,984.72.

Fair Isaac (NYSE:FICO) last announced its earnings results on Tuesday, February 4th. The technology company reported $4.15 EPS for the quarter, missing the consensus estimate of $6.21 by ($2.06). Fair Isaac had a negative return on equity of 53.40% and a net margin of 30.66%. As a group, research analysts expect that Fair Isaac Co. will post 24.15 earnings per share for the current year.

Insiders Place Their Bets

In other Fair Isaac news, CEO William J. Lansing sold 6,010 shares of the business’s stock in a transaction dated Tuesday, February 11th. The shares were sold at an average price of $1,804.23, for a total value of $10,843,422.30. Following the completion of the transaction, the chief executive officer now directly owns 42,138 shares of the company’s stock, valued at approximately $76,026,643.74. The trade was a 12.48 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CFO Steven P. Weber sold 139 shares of the 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 sale, the chief financial officer now directly owns 2,478 shares in the company, valued at $4,867,832.76. This trade represents a 5.31 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 10,241 shares of company stock valued at $18,186,184. 3.46% of the stock is currently owned by corporate insiders.

Fair Isaac 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.