SRS Capital Advisors Inc. Sells 7 Shares of Fair Isaac Co. (NYSE:FICO)

SRS Capital Advisors Inc. lessened its holdings in Fair Isaac Co. (NYSE:FICO) by 25.9% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 20 shares of the technology company’s stock after selling 7 shares during the quarter. SRS Capital Advisors Inc.’s holdings in Fair Isaac were worth $40,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently bought and sold shares of the company. Covestor Ltd grew its stake in shares of Fair Isaac by 30.0% during the 3rd quarter. Covestor Ltd now owns 26 shares of the technology company’s stock worth $52,000 after acquiring an additional 6 shares during the period. Meeder Asset Management Inc. grew its stake 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 worth $43,000 after acquiring an additional 6 shares during the period. Mechanics Bank Trust Department grew its stake in shares of Fair Isaac by 5.7% during the 4th quarter. Mechanics Bank Trust Department now owns 112 shares of the technology company’s stock worth $223,000 after acquiring an additional 6 shares during the period. Alpha Cubed Investments LLC grew its stake in shares of Fair Isaac by 1.3% during the 4th quarter. Alpha Cubed Investments LLC now owns 473 shares of the technology company’s stock worth $942,000 after acquiring an additional 6 shares during the period. Finally, Resonant Capital Advisors LLC grew its stake in shares of Fair Isaac by 2.0% during the 4th quarter. Resonant Capital Advisors LLC now owns 306 shares of the technology company’s stock worth $609,000 after acquiring an additional 6 shares during the period. Institutional investors own 85.75% of the company’s stock.

Fair Isaac Stock Up 1.1 %

NYSE:FICO opened at $1,835.64 on Friday. The business’s 50-day moving average price is $1,873.58 and its two-hundred day moving average price is $1,979.17. Fair Isaac Co. has a twelve month low of $1,105.65 and a twelve month high of $2,402.52. The stock has a market cap of $44.82 billion, a P/E ratio of 84.24, 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 earnings per share for the quarter, missing the consensus estimate of $6.21 by ($2.06). Fair Isaac had a net margin of 30.66% and a negative return on equity of 53.40%. On average, equities research analysts expect that Fair Isaac Co. will post 24.15 EPS for the current fiscal year.

Insider Activity at Fair Isaac

In related news, EVP James M. Wehmann sold 3,000 shares of the firm’s stock in a transaction dated Thursday, December 12th. The stock was sold at an average price of $2,195.19, for a total transaction of $6,585,570.00. Following the transaction, the executive vice president now directly owns 51,911 shares of the company’s stock, valued at approximately $113,954,508.09. This trade represents a 5.46 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO William J. Lansing sold 6,010 shares of the firm’s stock in a transaction dated 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 transaction, the chief executive officer now directly owns 42,138 shares in the company, valued at approximately $76,026,643.74. This represents a 12.48 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 9,670 shares of company stock valued at $18,823,773. Corporate insiders own 3.46% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the company. Jefferies Financial Group cut their price target on 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. Royal Bank of Canada upgraded Fair Isaac from a “sector perform” rating to an “outperform” rating and raised their target price for the stock from $2,040.00 to $2,170.00 in a research note on Wednesday, February 26th. JPMorgan Chase & Co. started coverage on Fair Isaac in a research note on Friday, December 20th. They issued a “neutral” rating and a $2,150.00 target price for the company. Robert W. Baird cut their target price on Fair Isaac from $1,975.00 to $1,775.00 and set a “neutral” rating for the company in a research note on Wednesday, February 5th. Finally, Wells Fargo & Company cut their target price on Fair Isaac from $2,650.00 to $2,600.00 and set an “overweight” rating for the company in a research note on Wednesday, February 5th. Four investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $2,088.15.

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.