Fair Isaac Co. (NYSE:FICO) Shares Sold by Xponance Inc.

Xponance Inc. trimmed its stake in shares of Fair Isaac Co. (NYSE:FICO) by 3.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 5,406 shares of the technology company’s stock after selling 215 shares during the period. Xponance Inc.’s holdings in Fair Isaac were worth $6,293,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Johnson Investment Counsel Inc. grew its stake in shares of Fair Isaac by 0.3% in the third quarter. Johnson Investment Counsel Inc. now owns 3,412 shares of the technology company’s stock valued at $2,963,000 after buying an additional 11 shares in the last quarter. KB Financial Partners LLC grew its stake in shares of Fair Isaac by 26.2% in the third quarter. KB Financial Partners LLC now owns 53 shares of the technology company’s stock valued at $46,000 after buying an additional 11 shares in the last quarter. Huntington National Bank grew its stake in shares of Fair Isaac by 14.3% in the third quarter. Huntington National Bank now owns 96 shares of the technology company’s stock valued at $83,000 after buying an additional 12 shares in the last quarter. Alcosta Capital Management Inc. grew its stake in shares of Fair Isaac by 0.4% in the third quarter. Alcosta Capital Management Inc. now owns 3,291 shares of the technology company’s stock valued at $2,858,000 after buying an additional 12 shares in the last quarter. Finally, CWM LLC grew its stake in shares of Fair Isaac by 8.1% in the third quarter. CWM LLC now owns 174 shares of the technology company’s stock valued at $151,000 after buying an additional 13 shares in the last quarter. 85.75% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, CEO William J. Lansing sold 8,000 shares of the company’s stock in a transaction that occurred on Tuesday, March 19th. The stock was sold at an average price of $1,225.93, for a total value of $9,807,440.00. Following the sale, the chief executive officer now owns 20,638 shares in the company, valued at approximately $25,300,743.34. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders have sold a total of 24,000 shares of company stock worth $29,011,120 in the last quarter. Company insiders own 3.54% of the company’s stock.

Fair Isaac Trading Down 2.8 %

NYSE FICO opened at $1,130.06 on Friday. The business’s 50 day moving average is $1,250.01 and its two-hundred day moving average is $1,138.67. Fair Isaac Co. has a 12-month low of $692.87 and a 12-month high of $1,349.75. The stock has a market capitalization of $28.08 billion, a price-to-earnings ratio of 63.17, a PEG ratio of 2.57 and a beta of 1.21.

Fair Isaac (NYSE:FICO) last released its earnings results on Thursday, January 25th. The technology company reported $3.87 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.76 by $0.11. Fair Isaac had a negative return on equity of 57.80% and a net margin of 29.20%. The company had revenue of $382.06 million for the quarter, compared to analysts’ expectations of $386.55 million. Equities analysts forecast that Fair Isaac Co. will post 19.95 earnings per share for the current fiscal year.

Analyst Ratings Changes

FICO has been the subject of several analyst reports. Raymond James boosted their target price on Fair Isaac from $1,214.00 to $1,400.00 and gave the stock an “outperform” rating in a research note on Friday, January 26th. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $1,350.00 price target on shares of Fair Isaac in a report on Friday, January 26th. Jefferies Financial Group boosted their target price on Fair Isaac from $1,210.00 to $1,450.00 and gave the company a “buy” rating in a report on Wednesday, January 17th. Needham & Company LLC boosted their target price on Fair Isaac from $1,100.00 to $1,500.00 and gave the company a “buy” rating in a report on Friday, January 26th. Finally, Redburn Atlantic began coverage on Fair Isaac in a report on Tuesday. They issued a “neutral” rating and a $1,113.00 target price for the company. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and six have assigned a buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $1,180.45.

About Fair Isaac

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.