Fair Isaac Co. (NYSE:FICO) Shares Sold by Allspring Global Investments Holdings LLC

Allspring Global Investments Holdings LLC cut its holdings in shares of Fair Isaac Co. (NYSE:FICO) by 36.4% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 51,142 shares of the technology company’s stock after selling 29,316 shares during the period. Allspring Global Investments Holdings LLC owned approximately 0.21% of Fair Isaac worth $102,068,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Capital Performance Advisors LLP purchased a new position in Fair Isaac during the third quarter worth approximately $25,000. True Wealth Design LLC raised its stake in shares of Fair Isaac by 900.0% during the 3rd quarter. True Wealth Design LLC now owns 20 shares of the technology company’s stock worth $39,000 after buying an additional 18 shares during the period. Berbice Capital Management LLC acquired a new position in shares of Fair Isaac during the 4th quarter worth approximately $40,000. Meeder Asset Management Inc. lifted its position in shares of Fair Isaac by 37.5% during the 3rd quarter. Meeder Asset Management Inc. now owns 22 shares of the technology company’s stock valued at $43,000 after buying an additional 6 shares in the last quarter. Finally, Versant Capital Management Inc grew its stake in Fair Isaac by 500.0% in the 4th quarter. Versant Capital Management Inc now owns 24 shares of the technology company’s stock valued at $48,000 after acquiring an additional 20 shares during the period. Hedge funds and other institutional investors own 85.75% of the company’s stock.

Insider Transactions at Fair Isaac

In other news, CFO Steven P. Weber sold 139 shares of the firm’s 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 value of $273,054.38. Following the completion of the transaction, the chief financial officer now owns 2,478 shares of the company’s stock, valued at approximately $4,867,832.76. This trade represents a 5.31 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP James M. Wehmann sold 3,500 shares of the company’s stock in a transaction that occurred on Thursday, November 21st. The stock was sold at an average price of $2,320.41, for a total transaction of $8,121,435.00. Following the sale, the executive vice president now directly owns 48,895 shares in the company, valued at approximately $113,456,446.95. The trade was a 6.68 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 10,660 shares of company stock worth $24,410,261 over the last ninety days. Company insiders own 3.46% of the company’s stock.

Analyst Ratings Changes

FICO has been the subject of a number of research analyst reports. Wells Fargo & Company reduced their price objective on shares of Fair Isaac from $2,650.00 to $2,600.00 and set an “overweight” rating for the company in a research report on Wednesday, February 5th. Royal Bank of Canada restated a “sector perform” rating and set a $2,040.00 price target on shares of Fair Isaac in a research report on Thursday, November 7th. Needham & Company LLC reaffirmed a “buy” rating and issued a $2,500.00 price target on shares of Fair Isaac in a research note on Wednesday, February 5th. UBS Group cut their price target on Fair Isaac from $2,250.00 to $2,100.00 and set a “neutral” rating for the company in a report on Monday, January 27th. Finally, 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 note on Tuesday, January 7th. Five research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat.com, Fair Isaac has a consensus rating of “Moderate Buy” and an average price target of $2,078.15.

Fair Isaac Trading Down 1.9 %

Shares of FICO opened at $1,763.16 on Thursday. The firm has a market cap of $43.06 billion, a P/E ratio of 80.92, a price-to-earnings-growth ratio of 3.61 and a beta of 1.39. The company’s 50-day moving average price is $1,985.84 and its 200 day moving average price is $1,966.39. Fair Isaac Co. has a 12-month low of $1,105.65 and a 12-month high of $2,402.51.

Fair Isaac (NYSE:FICO) last issued 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 negative return on equity of 53.40% and a net margin of 30.66%. Equities research analysts forecast that Fair Isaac Co. will post 23.91 earnings per share 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.