Teamwork Financial Advisors LLC Has $299,000 Stock Holdings in Fair Isaac Corporation $FICO

Teamwork Financial Advisors LLC cut its stake in shares of Fair Isaac Corporation (NYSE:FICO) by 76.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 200 shares of the technology company’s stock after selling 655 shares during the period. Teamwork Financial Advisors LLC’s holdings in Fair Isaac were worth $299,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in FICO. MAI Capital Management grew its stake in shares of Fair Isaac by 11.8% in the first quarter. MAI Capital Management now owns 57 shares of the technology company’s stock valued at $105,000 after acquiring an additional 6 shares in the last quarter. Great Lakes Advisors LLC lifted its holdings in shares of Fair Isaac by 5.7% during the 1st quarter. Great Lakes Advisors LLC now owns 112 shares of the technology company’s stock worth $207,000 after acquiring an additional 6 shares during the period. DAVENPORT & Co LLC boosted its position in shares of Fair Isaac by 1.0% during the 2nd quarter. DAVENPORT & Co LLC now owns 786 shares of the technology company’s stock worth $1,437,000 after acquiring an additional 8 shares in the last quarter. Concurrent Investment Advisors LLC boosted its position in shares of Fair Isaac by 2.7% during the 2nd quarter. Concurrent Investment Advisors LLC now owns 305 shares of the technology company’s stock worth $558,000 after acquiring an additional 8 shares in the last quarter. Finally, Private Trust Co. NA boosted its holdings in shares of Fair Isaac by 33.3% in the 2nd quarter. Private Trust Co. NA now owns 36 shares of the technology company’s stock valued at $66,000 after purchasing an additional 9 shares in the last quarter. Institutional investors and hedge funds own 85.75% of the company’s stock.

Insider Activity

In other news, Director Eva Manolis sold 521 shares of the company’s stock in a transaction that occurred on Friday, December 12th. The stock was sold at an average price of $1,825.83, for a total transaction of $951,257.43. Following the transaction, the director directly owned 344 shares of the company’s stock, valued at $628,085.52. This represents a 60.23% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO William J. Lansing sold 4,942 shares of Fair Isaac stock in a transaction on Tuesday, October 14th. The shares were sold at an average price of $1,631.34, for a total transaction of $8,062,082.28. Following the completion of the sale, the chief executive officer directly owned 43,207 shares of the company’s stock, valued at approximately $70,485,307.38. The trade was a 10.26% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 8,932 shares of company stock worth $14,936,283 in the last quarter. Company insiders own 3.46% of the company’s stock.

Analyst Upgrades and Downgrades

FICO has been the subject of a number of research analyst reports. BMO Capital Markets lowered their price target on Fair Isaac from $2,300.00 to $2,200.00 and set an “outperform” rating for the company in a report on Thursday, November 6th. Wells Fargo & Company boosted their target price on Fair Isaac from $2,300.00 to $2,400.00 and gave the stock an “overweight” rating in a research note on Tuesday, October 14th. Needham & Company LLC reissued a “buy” rating and issued a $1,950.00 target price on shares of Fair Isaac in a report on Thursday, October 2nd. Robert W. Baird raised their price objective on Fair Isaac from $1,900.00 to $1,960.00 and gave the company an “outperform” rating in a report on Thursday, November 6th. Finally, UBS Group lifted their target price on shares of Fair Isaac from $1,590.00 to $1,640.00 and gave the stock a “neutral” rating in a research report on Monday, September 15th. Two analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $2,076.77.

Fair Isaac Price Performance

Shares of NYSE:FICO opened at $1,760.26 on Friday. Fair Isaac Corporation has a 1 year low of $1,300.00 and a 1 year high of $2,217.60. The business’s 50-day moving average is $1,715.79 and its 200-day moving average is $1,635.51. The company has a market capitalization of $41.74 billion, a price-to-earnings ratio of 66.30, a P/E/G ratio of 1.95 and a beta of 1.29.

Fair Isaac (NYSE:FICO) last released its earnings results on Thursday, October 30th. The technology company reported $7.74 EPS for the quarter, topping the consensus estimate of $7.36 by $0.38. Fair Isaac had a negative return on equity of 43.97% and a net margin of 32.75%.The business had revenue of $515.75 million during the quarter, compared to analysts’ expectations of $512.38 million. During the same quarter last year, the firm posted $6.54 earnings per share. The firm’s revenue was up 13.6% on a year-over-year basis. Analysts anticipate that Fair Isaac Corporation will post 24.15 EPS for the current 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.