HighPoint Advisor Group LLC Cuts Stock Holdings in Fair Isaac Co. (NYSE:FICO)

HighPoint Advisor Group LLC lowered its position in Fair Isaac Co. (NYSE:FICO) by 7.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,767 shares of the technology company’s stock after selling 132 shares during the period. HighPoint Advisor Group LLC’s holdings in Fair Isaac were worth $3,518,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Vanguard Group Inc. increased its stake in Fair Isaac by 0.8% in the 4th quarter. Vanguard Group Inc. now owns 2,903,694 shares of the technology company’s stock valued at $5,781,051,000 after buying an additional 22,178 shares during the last quarter. State Street Corp grew its holdings in shares of Fair Isaac by 0.5% in the third quarter. State Street Corp now owns 1,045,165 shares of the technology company’s stock valued at $2,031,299,000 after acquiring an additional 5,472 shares in the last quarter. JPMorgan Chase & Co. increased its position in shares of Fair Isaac by 0.8% during the fourth quarter. JPMorgan Chase & Co. now owns 678,613 shares of the technology company’s stock valued at $1,351,073,000 after acquiring an additional 5,371 shares during the last quarter. Geode Capital Management LLC lifted its holdings in Fair Isaac by 1.0% during the third quarter. Geode Capital Management LLC now owns 645,379 shares of the technology company’s stock worth $1,251,537,000 after acquiring an additional 6,510 shares during the period. Finally, Principal Financial Group Inc. boosted its position in Fair Isaac by 0.5% in the third 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. 85.75% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

FICO has been the topic of a number of recent analyst reports. The Goldman Sachs Group lifted their target price 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. 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 research note on Monday, January 27th. Robert W. Baird reduced their target price on shares of Fair Isaac from $1,975.00 to $1,775.00 and set a “neutral” rating for the company in a research report on Wednesday, February 5th. Oppenheimer lowered their price target on shares of Fair Isaac from $2,515.00 to $2,409.00 and set an “outperform” rating on the stock in a report on Tuesday, January 7th. Finally, Wells Fargo & Company reduced their price objective on Fair Isaac from $2,650.00 to $2,600.00 and set an “overweight” rating for the company in a report on Wednesday, February 5th. Four investment analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $2,088.15.

Insider Buying and Selling

In other news, CFO Steven P. Weber sold 139 shares of the business’s stock in a transaction dated Thursday, January 9th. The stock was sold at an average price of $1,964.42, for a total value of $273,054.38. Following the completion of the sale, the chief financial officer now owns 2,478 shares of the company’s stock, valued at approximately $4,867,832.76. The trade was a 5.31 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO William J. Lansing sold 4,092 shares of the stock in a transaction dated Tuesday, March 11th. The shares were sold at an average price of $1,727.69, for a total value of $7,069,707.48. Following the sale, the chief executive officer now owns 42,138 shares of the company’s stock, valued at $72,801,401.22. This represents a 8.85 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 10,241 shares of company stock worth $18,186,184 in the last quarter. 3.46% of the stock is owned by insiders.

Fair Isaac Stock Performance

Shares of FICO opened at $1,834.32 on Monday. Fair Isaac Co. has a 52-week low of $1,105.65 and a 52-week high of $2,402.52. The stock’s 50-day simple moving average is $1,828.54 and its 200 day simple moving average is $1,991.86. The stock has a market capitalization of $44.79 billion, a price-to-earnings ratio of 84.18, a price-to-earnings-growth ratio of 3.27 and a beta of 1.41.

Fair Isaac (NYSE:FICO) last released its quarterly earnings data 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 forecast 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.