Ossiam Trims Stock Position in Fair Isaac Co. (NYSE:FICO)

Ossiam lowered its stake in Fair Isaac Co. (NYSE:FICO) by 4.3% during the fourth quarter, HoldingsChannel reports. The firm owned 311 shares of the technology company’s stock after selling 14 shares during the quarter. Ossiam’s holdings in Fair Isaac were worth $619,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of the stock. Rakuten Securities Inc. lifted its position in Fair Isaac by 160.0% in the fourth quarter. Rakuten Securities Inc. now owns 13 shares of the technology company’s stock valued at $26,000 after purchasing an additional 8 shares during the period. Pinnacle Holdings LLC acquired a new stake in shares of Fair Isaac in the 4th quarter valued at approximately $26,000. Berbice Capital Management LLC purchased a new stake in shares of Fair Isaac in the fourth quarter valued at approximately $40,000. Avalon Trust Co purchased a new stake in shares of Fair Isaac in the fourth quarter valued at approximately $40,000. Finally, OFI Invest Asset Management acquired a new position in Fair Isaac during the fourth quarter worth $42,000. Hedge funds and other institutional investors own 85.75% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on FICO shares. Royal Bank of Canada upgraded shares of Fair Isaac from a “sector perform” rating to an “outperform” rating and boosted their target price for the stock from $2,040.00 to $2,170.00 in a research report on Wednesday, February 26th. Jefferies Financial Group decreased their price objective 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. Wells Fargo & Company dropped their target price on shares of Fair Isaac from $2,650.00 to $2,600.00 and set an “overweight” rating for the company in a report on Wednesday, February 5th. UBS Group reduced their price target on shares of 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. Finally, Barclays lowered their price target on Fair Isaac from $2,350.00 to $2,250.00 and set an “overweight” rating on the stock in a report on Friday, April 4th. Three equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $2,210.23.

Insider Buying and Selling

In other Fair Isaac news, CEO William J. Lansing sold 6,010 shares of the stock in a transaction on Tuesday, February 11th. The stock was sold at an average price of $1,804.23, for a total transaction of $10,843,422.30. Following the transaction, the chief executive officer now owns 42,138 shares of the company’s stock, valued at $76,026,643.74. This represents a 12.48 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Over the last 90 days, insiders have sold 13,058 shares of company stock worth $23,119,030. 3.46% of the stock is owned by insiders.

Fair Isaac Stock Up 3.3 %

NYSE FICO opened at $1,875.18 on Wednesday. The stock has a market cap of $45.79 billion, a price-to-earnings ratio of 86.06, a price-to-earnings-growth ratio of 3.27 and a beta of 1.37. Fair Isaac Co. has a fifty-two week low of $1,105.65 and a fifty-two week high of $2,402.52. The business has a fifty day moving average of $1,823.87 and a 200-day moving average of $1,980.17.

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

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.