Fair Isaac Co. (NYSE:FICO) Shares Sold by Fiduciary Trust Co

Fiduciary Trust Co decreased its holdings in shares of Fair Isaac Co. (NYSE:FICO) by 1.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 977 shares of the technology company’s stock after selling 17 shares during the period. Fiduciary Trust Co’s holdings in Fair Isaac were worth $1,946,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the business. Nebula Research & Development LLC acquired a new stake in Fair Isaac during the fourth quarter worth about $2,540,000. Donoghue Forlines LLC acquired a new stake in shares of Fair Isaac during the 4th quarter worth approximately $1,935,000. Czech National Bank grew its stake in Fair Isaac by 5.7% during the 4th quarter. Czech National Bank now owns 5,280 shares of the technology company’s stock worth $10,512,000 after buying an additional 286 shares during the last quarter. Barclays PLC increased its position in Fair Isaac by 24.8% in the third quarter. Barclays PLC now owns 60,521 shares of the technology company’s stock worth $117,624,000 after buying an additional 12,038 shares during the period. Finally, Brighton Jones LLC lifted its stake in Fair Isaac by 168.7% in the fourth quarter. Brighton Jones LLC now owns 481 shares of the technology company’s stock valued at $958,000 after buying an additional 302 shares during the last quarter. 85.75% of the stock is currently owned by institutional investors.

Fair Isaac Stock Down 0.8 %

Shares of NYSE FICO opened at $2,089.01 on Friday. The stock’s fifty day simple moving average is $1,879.31 and its 200 day simple moving average is $1,980.24. The stock has a market capitalization of $50.85 billion, a price-to-earnings ratio of 95.87, a PEG ratio of 3.27 and a beta of 1.40. Fair Isaac Co. has a 52-week low of $1,266.72 and a 52-week high of $2,402.52.

Fair Isaac (NYSE:FICO) last posted its quarterly earnings data on Tuesday, April 29th. The technology company reported $7.81 EPS for the quarter, beating analysts’ consensus estimates of $7.33 by $0.48. Fair Isaac had a net margin of 30.66% and a negative return on equity of 53.40%. The company had revenue of $498.74 million during the quarter, compared to analyst estimates of $500.45 million. During the same period in the prior year, the firm earned $6.14 earnings per share. The business’s quarterly revenue was up 15.0% on a year-over-year basis. As a group, analysts anticipate that Fair Isaac Co. will post 24.15 earnings per share for the current year.

Insider Activity

In other Fair Isaac news, CEO William J. Lansing sold 6,010 shares of Fair Isaac stock in a transaction on Tuesday, February 11th. The shares were sold at an average price of $1,804.23, for a total transaction of $10,843,422.30. Following the completion of the sale, the chief executive officer now owns 42,138 shares of the company’s stock, valued at $76,026,643.74. This trade represents a 12.48 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, EVP Thomas A. Bowers sold 4,077 shares of Fair Isaac stock in a transaction on Friday, May 2nd. The shares were sold at an average price of $2,057.05, for a total value of $8,386,592.85. Following the sale, the executive vice president now directly owns 9,974 shares of the company’s stock, valued at approximately $20,517,016.70. The trade was a 29.02 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 17,135 shares of company stock worth $31,505,623. 3.46% of the stock is owned by corporate insiders.

Analyst Ratings Changes

FICO has been the topic of a number of analyst reports. Jefferies Financial Group dropped their price objective on shares of Fair Isaac from $2,275.00 to $2,175.00 and set a “buy” rating on the stock in a report on Wednesday, February 5th. Barclays reduced their price objective on Fair Isaac from $2,350.00 to $2,250.00 and set an “overweight” rating for the company in a research report on Friday, April 4th. Oppenheimer lifted their target price on Fair Isaac from $2,116.00 to $2,293.00 and gave the company an “outperform” rating in a research note on Thursday. Royal Bank of Canada raised Fair Isaac from a “sector perform” rating to an “outperform” rating and increased their price target for the stock from $2,040.00 to $2,170.00 in a research note on Wednesday, February 26th. Finally, UBS Group cut their price objective 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. Three equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $2,268.54.

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.