Savant Capital LLC Sells 21 Shares of Fair Isaac Co. (NYSE:FICO)

Savant Capital LLC cut its holdings in shares of Fair Isaac Co. (NYSE:FICO) by 3.5% during the 4th quarter, Holdings Channel reports. The firm owned 574 shares of the technology company’s stock after selling 21 shares during the period. Savant Capital LLC’s holdings in Fair Isaac were worth $1,143,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. State Street Corp increased its stake in shares of Fair Isaac by 0.5% in the third quarter. State Street Corp now owns 1,045,165 shares of the technology company’s stock valued at $2,031,299,000 after buying an additional 5,472 shares during the period. JPMorgan Chase & Co. increased its position in Fair Isaac by 1.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 673,242 shares of the technology company’s stock valued at $1,308,460,000 after acquiring an additional 7,466 shares during the period. Geode Capital Management LLC raised its stake in shares of Fair Isaac by 1.0% during the third quarter. Geode Capital Management LLC now owns 645,379 shares of the technology company’s stock valued at $1,251,537,000 after acquiring an additional 6,510 shares during the last quarter. International Assets Investment Management LLC lifted its holdings in shares of Fair Isaac by 189,461.6% during the third quarter. International Assets Investment Management LLC now owns 538,355 shares of the technology company’s stock worth $1,046,304,000 after purchasing an additional 538,071 shares during the period. Finally, Principal Financial Group Inc. grew its stake in shares of Fair Isaac by 0.5% in the third quarter. Principal Financial Group Inc. now owns 372,582 shares of the technology company’s stock worth $724,122,000 after purchasing an additional 1,977 shares during the last quarter. 85.75% of the stock is currently owned by institutional investors and hedge funds.

Fair Isaac Stock Down 0.4 %

Shares of NYSE:FICO opened at $1,795.33 on Friday. Fair Isaac Co. has a twelve month low of $1,105.65 and a twelve month high of $2,402.51. The stock’s 50 day moving average is $1,962.97 and its 200-day moving average is $1,966.69. The firm has a market capitalization of $43.84 billion, a price-to-earnings ratio of 82.39, a PEG ratio of 3.61 and a beta of 1.39.

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 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 research analysts anticipate that Fair Isaac Co. will post 23.91 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on the company. Needham & Company LLC reiterated a “buy” rating and issued a $2,500.00 price target on shares of Fair Isaac in a research report on Wednesday, February 5th. Robert W. Baird decreased their target price 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. JPMorgan Chase & Co. assumed coverage on shares of Fair Isaac in a research report on Friday, December 20th. They issued a “neutral” rating and a $2,150.00 price target on the stock. UBS Group decreased their price objective on shares of Fair Isaac from $2,250.00 to $2,100.00 and set a “neutral” rating for the company in a research report on Monday, January 27th. Finally, The Goldman Sachs Group upped 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 report on Thursday, December 5th. Five equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat.com, Fair Isaac presently has a consensus rating of “Moderate Buy” and an average target price of $2,078.15.

Insider Buying and Selling at Fair Isaac

In other Fair Isaac news, CFO Steven P. Weber sold 139 shares of the company’s stock in a transaction dated 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 sale, the chief financial officer now directly owns 2,478 shares of the company’s stock, valued at approximately $4,867,832.76. This represents a 5.31 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO William J. Lansing sold 6,010 shares of Fair Isaac stock in a transaction that occurred on Tuesday, February 11th. The stock was sold at an average price of $1,804.23, for a total transaction of $10,843,422.30. Following the transaction, the chief executive officer now directly owns 42,138 shares in the company, valued at approximately $76,026,643.74. This represents a 12.48 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 16,670 shares of company stock worth $35,253,683. Insiders own 3.46% of the company’s stock.

Fair Isaac Company 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.