Fair Isaac Co. (NYSE:FICO) Shares Sold by Jag Capital Management LLC

Jag Capital Management LLC trimmed its holdings in Fair Isaac Co. (NYSE:FICO) by 21.5% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 7,397 shares of the technology company’s stock after selling 2,026 shares during the period. Fair Isaac comprises approximately 2.1% of Jag Capital Management LLC’s holdings, making the stock its 18th largest holding. Jag Capital Management LLC’s holdings in Fair Isaac were worth $14,727,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. Pinnacle Associates Ltd. lifted its stake in Fair Isaac by 8.0% in the 3rd quarter. Pinnacle Associates Ltd. now owns 175 shares of the technology company’s stock worth $340,000 after acquiring an additional 13 shares in the last quarter. Conning Inc. acquired a new position in shares of Fair Isaac during the 3rd quarter valued at about $216,000. KG&L Capital Management LLC grew its holdings in Fair Isaac by 44.5% in the 3rd quarter. KG&L Capital Management LLC now owns 250 shares of the technology company’s stock valued at $486,000 after buying an additional 77 shares during the last quarter. National Pension Service grew its holdings in Fair Isaac by 0.8% in the 3rd quarter. National Pension Service now owns 38,674 shares of the technology company’s stock valued at $75,164,000 after buying an additional 310 shares during the last quarter. Finally, QRG Capital Management Inc. grew its holdings in Fair Isaac by 13.9% in the 3rd quarter. QRG Capital Management Inc. now owns 327 shares of the technology company’s stock valued at $636,000 after buying an additional 40 shares during the last quarter. 85.75% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research firms recently commented on FICO. Oppenheimer cut their target price on 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. The Goldman Sachs Group lifted their price objective on Fair Isaac from $2,374.00 to $2,661.00 and gave the stock a “buy” rating in a research note on Thursday, December 5th. Jefferies Financial Group lowered their price target on Fair Isaac from $2,275.00 to $2,175.00 and set a “buy” rating for the company in a report on Wednesday, February 5th. 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 report on Monday, January 27th. Finally, Barclays raised their target price on shares of Fair Isaac from $2,150.00 to $2,350.00 and gave the stock an “overweight” rating in a report on Thursday, November 7th. Four investment analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $2,088.15.

Insider Transactions at Fair Isaac

In other Fair Isaac news, CEO William J. Lansing sold 6,010 shares of the firm’s stock in a transaction dated Tuesday, February 11th. The stock was sold at an average price of $1,804.23, for a total value of $10,843,422.30. Following the sale, the chief executive officer now owns 42,138 shares of the company’s stock, valued at $76,026,643.74. This trade represents a 12.48 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Steven P. Weber sold 139 shares of the firm’s stock in a transaction dated 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 transaction, the chief financial officer now directly owns 2,478 shares in the company, valued at approximately $4,867,832.76. This represents a 5.31 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 13,170 shares of company stock worth $27,132,248. 3.46% of the stock is owned by company insiders.

Fair Isaac Stock Down 1.4 %

Shares of NYSE:FICO opened at $1,859.28 on Tuesday. Fair Isaac Co. has a twelve month low of $1,105.65 and a twelve month high of $2,402.52. The stock’s 50 day moving average is $1,887.66 and its 200-day moving average is $1,980.16. The firm has a market capitalization of $45.40 billion, a price-to-earnings ratio of 85.33, a PEG ratio of 3.27 and a beta of 1.39.

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