Fair Isaac Co. (NYSE:FICO) Shares Sold by AdvisorShares Investments LLC

AdvisorShares Investments LLC lessened its position in Fair Isaac Co. (NYSE:FICO) by 31.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,455 shares of the technology company’s stock after selling 1,620 shares during the period. Fair Isaac comprises 1.3% of AdvisorShares Investments LLC’s portfolio, making the stock its 29th largest holding. AdvisorShares Investments LLC’s holdings in Fair Isaac were worth $6,879,000 at the end of the most recent quarter.

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

Analyst Ratings Changes

Several equities analysts have recently issued reports on the stock. Barclays lowered their price objective on shares of Fair Isaac from $2,350.00 to $2,250.00 and set an “overweight” rating on the stock in a research note on Friday, April 4th. Jefferies Financial Group decreased their target price on shares of Fair Isaac from $2,275.00 to $2,175.00 and set a “buy” rating for the company in a research note on Wednesday, February 5th. Needham & Company LLC reaffirmed a “buy” rating and set a $2,500.00 price objective on shares of Fair Isaac in a research report on Friday, April 11th. Robert W. Baird lowered their price objective on 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. Finally, Oppenheimer cut their target price on shares of Fair Isaac from $2,515.00 to $2,409.00 and set an “outperform” rating for the company in a research report on Tuesday, January 7th. Three research analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $2,276.25.

Insiders Place Their Bets

In related news, CEO William J. Lansing sold 2,956 shares of the company’s stock in a transaction dated Tuesday, April 8th. The shares were sold at an average price of $1,761.13, for a total value of $5,205,900.28. Following the transaction, the chief executive officer now owns 42,138 shares in the company, valued at approximately $74,210,495.94. This represents a 6.56 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders sold a total of 13,058 shares of company stock valued at $23,119,030 in the last quarter. 3.46% of the stock is currently owned by insiders.

Fair Isaac Stock Performance

FICO opened at $1,940.90 on Tuesday. Fair Isaac Co. has a 52 week low of $1,112.65 and a 52 week high of $2,402.52. The firm has a market capitalization of $47.39 billion, a PE ratio of 89.07, a P/E/G ratio of 3.27 and a beta of 1.37. The company has a fifty day moving average price of $1,836.28 and a two-hundred day moving average price of $1,978.51.

Fair Isaac (NYSE:FICO) last released its quarterly earnings data on Tuesday, February 4th. The technology company reported $4.15 earnings per share 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%. Equities analysts forecast that Fair Isaac Co. will post 24.15 EPS for the current 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.