Whittier Trust Co. of Nevada Inc. Has $13.07 Million Stock Position in Fair Isaac Co. (NYSE:FICO)

Whittier Trust Co. of Nevada Inc. grew its stake in shares of Fair Isaac Co. (NYSE:FICO) by 3.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 6,567 shares of the technology company’s stock after purchasing an additional 237 shares during the period. Whittier Trust Co. of Nevada Inc.’s holdings in Fair Isaac were worth $13,074,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently made changes to their positions in FICO. Meeder Asset Management Inc. raised its holdings in shares of Fair Isaac by 37.5% in 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 last quarter. Mechanics Bank Trust Department raised its holdings in shares of Fair Isaac by 5.7% in 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 last quarter. Alpha Cubed Investments LLC raised its holdings in shares of Fair Isaac by 1.3% in 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 last quarter. Resonant Capital Advisors LLC raised its holdings in shares of Fair Isaac by 2.0% in 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 last quarter. Finally, Mather Group LLC. raised its holdings in shares of Fair Isaac by 5.2% in the 4th quarter. Mather Group LLC. now owns 122 shares of the technology company’s stock worth $243,000 after acquiring an additional 6 shares during the last quarter. Institutional investors and hedge funds own 85.75% of the company’s stock.

Fair Isaac Stock Down 1.0 %

Shares of FICO stock opened at $1,854.52 on Friday. The company has a 50 day moving average of $1,836.39 and a 200-day moving average of $1,983.62. Fair Isaac Co. has a 12-month low of $1,105.65 and a 12-month high of $2,402.52. The firm has a market cap of $45.28 billion, a P/E ratio of 85.11, a PEG 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 earnings per share 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%. As a group, equities analysts expect that Fair Isaac Co. will post 24.15 EPS for the current year.

Insider Activity at Fair Isaac

In other Fair Isaac news, CFO Steven P. Weber sold 139 shares of the firm’s stock in a transaction on Thursday, January 9th. The shares were sold at an average price of $1,964.42, for a total value of $273,054.38. Following the completion of the transaction, the chief financial officer now directly owns 2,478 shares of the company’s stock, valued at $4,867,832.76. This trade represents a 5.31 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO William J. Lansing sold 4,092 shares of the firm’s stock in a transaction on Tuesday, March 11th. The shares were sold at an average price of $1,727.69, for a total transaction of $7,069,707.48. Following the completion of the transaction, the chief executive officer now directly owns 42,138 shares of the company’s stock, valued at approximately $72,801,401.22. The trade was a 8.85 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 10,241 shares of company stock worth $18,186,184. Corporate insiders own 3.46% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the stock. Robert W. Baird reduced their price objective 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. Needham & Company LLC reiterated a “buy” rating and issued a $2,500.00 price objective on shares of Fair Isaac in a research note on Wednesday, February 5th. JPMorgan Chase & Co. initiated coverage on shares of Fair Isaac in a research note on Friday, December 20th. They issued a “neutral” rating and a $2,150.00 price objective for the company. Jefferies Financial Group decreased their price objective on shares of 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. Finally, Royal Bank of Canada upgraded shares of Fair Isaac from a “sector perform” rating to an “outperform” rating and increased their price objective for the company from $2,040.00 to $2,170.00 in a research note on Wednesday, February 26th. Four investment analysts have rated the stock with a hold rating and nine have given a buy rating to the company. According to data from MarketBeat, Fair Isaac has a consensus rating of “Moderate Buy” and a consensus price target of $2,088.15.

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.