Axxcess Wealth Management LLC Sells 337 Shares of Fair Isaac Co. (NYSE:FICO)

Axxcess Wealth Management LLC lowered its holdings in shares of Fair Isaac Co. (NYSE:FICO) by 68.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 157 shares of the technology company’s stock after selling 337 shares during the period. Axxcess Wealth Management LLC’s holdings in Fair Isaac were worth $313,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Parallel Advisors LLC lifted its stake in shares of Fair Isaac by 5.3% in the fourth quarter. Parallel Advisors LLC now owns 496 shares of the technology company’s stock worth $988,000 after buying an additional 25 shares in the last quarter. Cibc World Markets Corp lifted its stake in shares of Fair Isaac by 16.1% in the fourth quarter. Cibc World Markets Corp now owns 3,829 shares of the technology company’s stock worth $7,623,000 after buying an additional 530 shares in the last quarter. First National Advisers LLC lifted its stake in shares of Fair Isaac by 199.2% in the fourth quarter. First National Advisers LLC now owns 1,409 shares of the technology company’s stock worth $2,805,000 after buying an additional 938 shares in the last quarter. Avalon Trust Co bought a new position in shares of Fair Isaac in the fourth quarter worth approximately $40,000. Finally, Natixis Advisors LLC lifted its stake in shares of Fair Isaac by 2.7% in the fourth quarter. Natixis Advisors LLC now owns 10,649 shares of the technology company’s stock worth $21,201,000 after buying an additional 280 shares in the last quarter. Institutional investors own 85.75% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on FICO shares. UBS Group dropped 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 research note on Monday, January 27th. Jefferies Financial Group dropped 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 report on Wednesday, February 5th. The Goldman Sachs Group raised 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 report on Thursday, December 5th. Needham & Company LLC restated a “buy” rating and issued a $2,500.00 target price on shares of Fair Isaac in a report on Wednesday, February 5th. Finally, Robert W. Baird dropped their target price 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. Four investment analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $2,088.15.

Insider Activity

In other news, CFO Steven P. Weber sold 139 shares of the firm’s stock in a transaction 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 position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO William J. Lansing sold 6,010 shares of the firm’s stock in a transaction on Tuesday, February 11th. The shares were sold at an average price of $1,804.23, for a total transaction of $10,843,422.30. Following the sale, the chief executive officer now owns 42,138 shares in the company, valued at $76,026,643.74. The trade was a 12.48 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 10,241 shares of company stock worth $18,186,184 in the last three months. Company insiders own 3.46% of the company’s stock.

Fair Isaac Trading Up 0.2 %

FICO opened at $1,857.48 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 has a market capitalization of $45.36 billion, a PE ratio of 85.24, a PEG ratio of 3.27 and a beta of 1.41. The firm’s 50 day simple moving average is $1,835.24 and its two-hundred day simple moving average is $1,986.57.

Fair Isaac (NYSE:FICO) last announced its quarterly earnings data 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 net margin of 30.66% and a negative return on equity of 53.40%. Equities analysts forecast that Fair Isaac Co. will post 24.15 earnings per share for the current fiscal year.

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.