EP Wealth Advisors LLC Has $2.11 Million Stake in Fair Isaac Co. (NYSE:FICO)

EP Wealth Advisors LLC cut its holdings in Fair Isaac Co. (NYSE:FICO) by 9.6% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 1,809 shares of the technology company’s stock after selling 192 shares during the period. EP Wealth Advisors LLC’s holdings in Fair Isaac were worth $2,106,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in FICO. Kayne Anderson Rudnick Investment Management LLC grew its stake in shares of Fair Isaac by 1.0% in the 3rd quarter. Kayne Anderson Rudnick Investment Management LLC now owns 457,738 shares of the technology company’s stock valued at $397,560,000 after purchasing an additional 4,584 shares during the period. International Assets Investment Management LLC lifted its holdings in Fair Isaac by 112,366.2% during the 4th quarter. International Assets Investment Management LLC now owns 399,255 shares of the technology company’s stock valued at $464,737,000 after purchasing an additional 398,900 shares during the last quarter. American Century Companies Inc. grew its holdings in Fair Isaac by 39.6% during the 3rd quarter. American Century Companies Inc. now owns 366,865 shares of the technology company’s stock worth $318,633,000 after acquiring an additional 104,161 shares during the last quarter. Invesco Ltd. increased its position in Fair Isaac by 13.6% in the 3rd quarter. Invesco Ltd. now owns 359,549 shares of the technology company’s stock valued at $312,279,000 after acquiring an additional 42,998 shares in the last quarter. Finally, Franklin Resources Inc. raised its stake in shares of Fair Isaac by 25.2% in the fourth quarter. Franklin Resources Inc. now owns 283,565 shares of the technology company’s stock worth $330,072,000 after acquiring an additional 57,010 shares during the last quarter. Institutional investors and hedge funds own 85.75% of the company’s stock.

Insider Transactions at Fair Isaac

In related news, EVP Mark R. Scadina sold 423 shares of the company’s stock in a transaction on Thursday, May 23rd. The shares were sold at an average price of $1,372.12, for a total value of $580,406.76. Following the completion of the transaction, the executive vice president now directly owns 32,229 shares of the company’s stock, valued at approximately $44,222,055.48. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. In other Fair Isaac news, EVP Mark R. Scadina sold 423 shares of Fair Isaac stock in a transaction on Thursday, May 23rd. The shares were sold at an average price of $1,372.12, for a total value of $580,406.76. Following the sale, the executive vice president now directly owns 32,229 shares in the company, valued at approximately $44,222,055.48. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Joanna Rees sold 1,000 shares of the stock in a transaction dated Thursday, May 9th. The stock was sold at an average price of $1,255.00, for a total transaction of $1,255,000.00. Following the transaction, the director now owns 21,118 shares of the company’s stock, valued at $26,503,090. The disclosure for this sale can be found here. Insiders sold 32,014 shares of company stock valued at $40,820,358 over the last quarter. Corporate insiders own 3.54% of the company’s stock.

Fair Isaac Price Performance

FICO traded up $11.58 during mid-day trading on Friday, hitting $1,390.59. The stock had a trading volume of 111,715 shares, compared to its average volume of 168,880. The stock’s fifty day simple moving average is $1,271.71 and its 200-day simple moving average is $1,239.77. The firm has a market capitalization of $34.36 billion, a price-to-earnings ratio of 73.00, a price-to-earnings-growth ratio of 3.74 and a beta of 1.31. Fair Isaac Co. has a 1-year low of $764.49 and a 1-year high of $1,451.78.

Fair Isaac (NYSE:FICO) last issued its quarterly earnings data on Thursday, April 25th. The technology company reported $5.09 EPS for the quarter, topping the consensus estimate of $4.89 by $0.20. Fair Isaac had a negative return on equity of 62.28% and a net margin of 29.99%. The business had revenue of $433.81 million for the quarter, compared to the consensus estimate of $425.94 million. As a group, research analysts expect that Fair Isaac Co. will post 19.75 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of analysts recently weighed in on FICO shares. Redburn Atlantic assumed coverage on shares of Fair Isaac in a report on Tuesday, April 16th. They issued a “neutral” rating and a $1,113.00 price target for the company. Needham & Company LLC reiterated a “buy” rating and issued a $1,500.00 price target on shares of Fair Isaac in a report on Tuesday, June 11th. Finally, Raymond James boosted their price objective on Fair Isaac from $1,413.00 to $1,418.00 and gave the stock an “outperform” rating in a report on Friday, April 26th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat.com, Fair Isaac presently has an average rating of “Moderate Buy” and an average target price of $1,274.33.

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.