Fair Isaac Co. (NYSE:FICO) Shares Sold by Global Assets Advisory LLC

Global Assets Advisory LLC trimmed its holdings in shares of Fair Isaac Co. (NYSE:FICO) by 21.7% during the fourth quarter, Holdings Channel.com reports. The firm owned 329 shares of the technology company’s stock after selling 91 shares during the quarter. Global Assets Advisory LLC’s holdings in Fair Isaac were worth $657,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Nebula Research & Development LLC bought a new stake in shares of Fair Isaac in the 4th quarter worth $2,540,000. Donoghue Forlines LLC acquired a new position in Fair Isaac during the fourth quarter worth about $1,935,000. Czech National Bank raised its position in Fair Isaac by 5.7% in the fourth quarter. Czech National Bank now owns 5,280 shares of the technology company’s stock worth $10,512,000 after acquiring an additional 286 shares in the last quarter. Barclays PLC lifted its holdings in Fair Isaac by 24.8% in the 3rd quarter. Barclays PLC now owns 60,521 shares of the technology company’s stock valued at $117,624,000 after acquiring an additional 12,038 shares during the last quarter. Finally, Brighton Jones LLC boosted its position in shares of Fair Isaac by 168.7% during the 4th quarter. Brighton Jones LLC now owns 481 shares of the technology company’s stock valued at $958,000 after purchasing an additional 302 shares in the last quarter. 85.75% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of analysts recently commented on the stock. Bank of America assumed coverage on shares of Fair Isaac in a report on Thursday, April 10th. They issued a “buy” rating and a $2,800.00 target price on the stock. Wells Fargo & Company dropped their price target on Fair Isaac from $2,650.00 to $2,600.00 and set an “overweight” rating on the stock in a report on Wednesday, February 5th. Needham & Company LLC reissued a “buy” rating and set a $2,500.00 price objective on shares of Fair Isaac in a research note on Wednesday, April 30th. UBS Group cut their target price on Fair Isaac from $2,250.00 to $2,100.00 and set a “neutral” rating on the stock in a research report on Monday, January 27th. Finally, Oppenheimer increased their price target on Fair Isaac from $2,116.00 to $2,293.00 and gave the company an “outperform” rating in a research report on Thursday. Three analysts have rated the stock with a hold rating and ten have given a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $2,268.54.

Insider Activity

In other Fair Isaac news, CEO William J. Lansing sold 6,010 shares of Fair Isaac stock in a transaction that occurred on 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 sale, the chief executive officer now directly 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Thomas A. Bowers sold 4,077 shares of the stock in a transaction on Friday, May 2nd. The stock was sold at an average price of $2,057.05, for a total transaction of $8,386,592.85. Following the transaction, the executive vice president now owns 9,974 shares in the company, valued at approximately $20,517,016.70. This trade represents a 29.02 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 17,135 shares of company stock worth $31,505,623 in the last ninety days. Corporate insiders own 3.46% of the company’s stock.

Fair Isaac Trading Down 0.8 %

Shares of NYSE FICO opened at $2,089.01 on Friday. Fair Isaac Co. has a one year low of $1,266.72 and a one year high of $2,402.52. The business has a 50-day moving average price of $1,879.31 and a two-hundred day moving average price of $1,980.37. The firm has a market capitalization of $50.85 billion, a PE ratio of 95.87, a PEG ratio of 3.27 and a beta of 1.40.

Fair Isaac (NYSE:FICO) last announced its quarterly earnings data on Tuesday, April 29th. The technology company reported $7.81 EPS for the quarter, beating analysts’ consensus estimates of $7.33 by $0.48. Fair Isaac had a net margin of 30.66% and a negative return on equity of 53.40%. The firm had revenue of $498.74 million for the quarter, compared to the consensus estimate of $500.45 million. During the same period in the previous year, the firm posted $6.14 earnings per share. The firm’s revenue was up 15.0% on a year-over-year basis. Research 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.