IFP Advisors Inc Sells 18 Shares of Fair Isaac Co. (NYSE:FICO)

IFP Advisors Inc lessened its position in Fair Isaac Co. (NYSE:FICO) by 6.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 273 shares of the technology company’s stock after selling 18 shares during the quarter. IFP Advisors Inc’s holdings in Fair Isaac were worth $543,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of the company. State Street Corp raised its holdings in Fair Isaac by 0.5% in the 3rd quarter. State Street Corp now owns 1,045,165 shares of the technology company’s stock worth $2,031,299,000 after acquiring an additional 5,472 shares during the period. JPMorgan Chase & Co. grew its position in Fair Isaac by 1.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 673,242 shares of the technology company’s stock worth $1,308,460,000 after purchasing an additional 7,466 shares during the last quarter. Geode Capital Management LLC grew its position in Fair Isaac by 1.0% in the 3rd quarter. Geode Capital Management LLC now owns 645,379 shares of the technology company’s stock worth $1,251,537,000 after purchasing an additional 6,510 shares during the last quarter. Principal Financial Group Inc. grew its position in Fair Isaac by 0.5% in the 3rd quarter. Principal Financial Group Inc. now owns 372,582 shares of the technology company’s stock worth $724,122,000 after purchasing an additional 1,977 shares during the last quarter. Finally, Jennison Associates LLC grew its position in Fair Isaac by 5.4% in the 4th quarter. Jennison Associates LLC now owns 254,282 shares of the technology company’s stock worth $506,257,000 after purchasing an additional 13,133 shares during the last quarter. Institutional investors own 85.75% of the company’s stock.

Insider Buying and Selling at Fair Isaac

In other Fair Isaac news, EVP James M. Wehmann sold 3,500 shares of the business’s stock in a transaction dated Thursday, December 5th. The shares were sold at an average price of $2,373.85, for a total value of $8,308,475.00. Following the completion of the transaction, the executive vice president now directly owns 45,395 shares of the company’s stock, valued at approximately $107,760,920.75. The trade was a 7.16 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO William J. Lansing sold 6,010 shares of the business’s stock in a transaction dated Tuesday, February 11th. The stock was sold at an average price of $1,804.23, for a total transaction of $10,843,422.30. Following the completion of the transaction, the chief executive officer now directly owns 42,138 shares of the company’s stock, 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. Insiders have sold a total of 13,170 shares of company stock worth $27,132,248 over the last ninety days. Corporate insiders own 3.46% of the company’s stock.

Analysts Set New Price Targets

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

Fair Isaac Stock Up 2.6 %

NYSE:FICO opened at $1,884.63 on Friday. The firm has a market cap of $46.02 billion, a PE ratio of 86.49, a price-to-earnings-growth ratio of 3.27 and a beta of 1.39. Fair Isaac Co. has a 12 month low of $1,105.65 and a 12 month high of $2,402.52. The company’s 50-day moving average price is $1,892.09 and its two-hundred day moving average price is $1,976.67.

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%. On average, research analysts expect that Fair Isaac Co. will post 24.15 EPS 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.