TD Private Client Wealth LLC Sells 817 Shares of Fair Isaac Co. (NYSE:FICO)

TD Private Client Wealth LLC trimmed its position in shares of Fair Isaac Co. (NYSE:FICO) by 55.6% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 653 shares of the technology company’s stock after selling 817 shares during the quarter. TD Private Client Wealth LLC’s holdings in Fair Isaac were worth $1,300,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in FICO. Principal Financial Group Inc. grew its stake in Fair Isaac by 0.5% during the third quarter. Principal Financial Group Inc. now owns 372,582 shares of the technology company’s stock worth $724,122,000 after buying an additional 1,977 shares during the last quarter. Thrivent Financial for Lutherans grew its stake in Fair Isaac by 5.4% during the third quarter. Thrivent Financial for Lutherans now owns 4,185 shares of the technology company’s stock worth $8,134,000 after buying an additional 214 shares during the last quarter. Quest Partners LLC bought a new stake in shares of Fair Isaac during the third quarter valued at approximately $688,000. PNC Financial Services Group Inc. grew its stake in shares of Fair Isaac by 15.1% during the third quarter. PNC Financial Services Group Inc. now owns 2,901 shares of the technology company’s stock valued at $5,638,000 after purchasing an additional 381 shares during the last quarter. Finally, Advisors Asset Management Inc. grew its stake in shares of Fair Isaac by 169.0% during the third quarter. Advisors Asset Management Inc. now owns 113 shares of the technology company’s stock valued at $220,000 after purchasing an additional 71 shares during the last quarter. 85.75% of the stock is owned by institutional investors.

Insiders Place Their Bets

In related news, 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 sale, the chief executive officer now directly owns 42,138 shares in the company, valued at $72,801,401.22. This trade represents a 8.85 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CFO Steven P. Weber sold 139 shares of the firm’s stock in a transaction on Thursday, January 9th. The stock was sold at an average price of $1,964.42, for a total transaction of $273,054.38. Following the sale, the chief financial officer now owns 2,478 shares in the company, valued at approximately $4,867,832.76. The trade was a 5.31 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 10,241 shares of company stock worth $18,186,184. Company insiders own 3.46% of the company’s stock.

Fair Isaac Stock Performance

FICO opened at $1,857.48 on Friday. The firm’s fifty day moving average is $1,835.24 and its two-hundred day moving average is $1,986.57. The firm has a market cap of $45.36 billion, a PE ratio of 85.24, a price-to-earnings-growth ratio of 3.27 and a beta of 1.41. Fair Isaac Co. has a twelve month low of $1,105.65 and a twelve month high of $2,402.52.

Fair Isaac (NYSE:FICO) last posted its earnings results on Tuesday, February 4th. The technology company reported $4.15 earnings per share for the quarter, missing the consensus estimate of $6.21 by ($2.06). Fair Isaac had a negative return on equity of 53.40% and a net margin of 30.66%. Equities analysts forecast that Fair Isaac Co. will post 24.15 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on FICO shares. The Goldman Sachs Group increased their price target on shares of Fair Isaac from $2,374.00 to $2,661.00 and gave the company a “buy” rating in a research note on Thursday, December 5th. Royal Bank of Canada raised shares of Fair Isaac from a “sector perform” rating to an “outperform” rating and increased their price target for the company from $2,040.00 to $2,170.00 in a research note on Wednesday, February 26th. Wells Fargo & Company decreased their price target on shares of Fair Isaac from $2,650.00 to $2,600.00 and set an “overweight” rating on the stock in a research note on Wednesday, February 5th. Oppenheimer decreased 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 research note on Tuesday, January 7th. Finally, Needham & Company LLC reissued a “buy” rating and set a $2,500.00 price target on shares of Fair Isaac in a research note on Wednesday, February 5th. Four investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price 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.