SRS Capital Advisors Inc. Sells 7 Shares of Fair Isaac Co. (NYSE:FICO)

SRS Capital Advisors Inc. trimmed its stake in shares of Fair Isaac Co. (NYSE:FICO) by 25.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 20 shares of the technology company’s stock after selling 7 shares during the quarter. SRS Capital Advisors Inc.’s holdings in Fair Isaac were worth $40,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Smartleaf Asset Management LLC grew its position in Fair Isaac by 34.7% during the 4th quarter. Smartleaf Asset Management LLC now owns 128 shares of the technology company’s stock worth $258,000 after acquiring an additional 33 shares during the last quarter. Maia Wealth LLC bought a new stake in shares of Fair Isaac in the 4th quarter worth approximately $223,000. BlueStem Wealth Partners LLC bought a new stake in shares of Fair Isaac in the 4th quarter worth approximately $362,000. West Michigan Advisors LLC bought a new stake in shares of Fair Isaac in the 4th quarter worth approximately $265,000. Finally, US Bancorp DE grew its position in shares of Fair Isaac by 0.8% in the 4th quarter. US Bancorp DE now owns 4,152 shares of the technology company’s stock worth $8,266,000 after buying an additional 32 shares during the last quarter. 85.75% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Fair Isaac

In other news, CEO William J. Lansing sold 6,010 shares of the business’s stock in a transaction on Tuesday, February 11th. The stock was sold at an average price of $1,804.23, for a total value of $10,843,422.30. Following the completion of the transaction, the chief executive officer now owns 42,138 shares in the company, valued at $76,026,643.74. The trade was a 12.48 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Steven P. Weber sold 139 shares of the business’s stock in a transaction on 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 transaction, the chief financial officer now owns 2,478 shares of the company’s stock, valued at $4,867,832.76. This represents a 5.31 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 9,670 shares of company stock worth $18,823,773. 3.46% of the stock is owned by insiders.

Fair Isaac Trading Up 1.1 %

Shares of NYSE:FICO opened at $1,835.64 on Friday. The stock has a fifty day simple moving average of $1,873.58 and a two-hundred day simple moving average of $1,979.17. The stock has a market capitalization of $44.82 billion, a price-to-earnings ratio of 84.24, a PEG ratio of 3.27 and a beta of 1.39. Fair Isaac Co. has a 12-month low of $1,105.65 and a 12-month high of $2,402.52.

Fair Isaac (NYSE:FICO) last announced its quarterly earnings data on Tuesday, February 4th. The technology company reported $4.15 earnings per share (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%. As a group, equities research analysts predict that Fair Isaac Co. will post 24.15 EPS for the current year.

Analyst Ratings Changes

A number of brokerages have recently weighed in on FICO. The Goldman Sachs Group lifted their price objective on Fair Isaac from $2,374.00 to $2,661.00 and gave the stock a “buy” rating in a research report on Thursday, December 5th. Oppenheimer cut their price objective on Fair Isaac from $2,515.00 to $2,409.00 and set an “outperform” rating on the stock in a research report on Tuesday, January 7th. Wells Fargo & Company cut their price objective on Fair Isaac from $2,650.00 to $2,600.00 and set an “overweight” rating on the stock in a research report on Wednesday, February 5th. Jefferies Financial Group dropped their price target on Fair Isaac from $2,275.00 to $2,175.00 and set a “buy” rating on the stock in a research report on Wednesday, February 5th. Finally, JPMorgan Chase & Co. assumed coverage on Fair Isaac in a research report on Friday, December 20th. They set a “neutral” rating and a $2,150.00 price target on the stock. Four equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $2,088.15.

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.