Amalgamated Bank Has $10.52 Million Stake in Fair Isaac Co. (NYSE:FICO)

Amalgamated Bank lessened its holdings in shares of Fair Isaac Co. (NYSE:FICO) by 1.3% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 5,283 shares of the technology company’s stock after selling 71 shares during the period. Amalgamated Bank’s holdings in Fair Isaac were worth $10,518,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Private Advisor Group LLC increased its position in Fair Isaac by 3.2% in the 3rd quarter. Private Advisor Group LLC now owns 552 shares of the technology company’s stock valued at $1,073,000 after acquiring an additional 17 shares in the last quarter. Assenagon Asset Management S.A. grew its stake in shares of Fair Isaac by 60.7% during the third quarter. Assenagon Asset Management S.A. now owns 2,505 shares of the technology company’s stock valued at $4,869,000 after purchasing an additional 946 shares during the last quarter. Ballentine Partners LLC grew its stake in shares of Fair Isaac by 11.8% during the third quarter. Ballentine Partners LLC now owns 170 shares of the technology company’s stock valued at $330,000 after purchasing an additional 18 shares during the last quarter. Arkadios Wealth Advisors acquired a new stake in shares of Fair Isaac in the third quarter valued at approximately $282,000. Finally, Wealth Enhancement Advisory Services LLC raised its position in Fair Isaac by 424.1% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 7,437 shares of the technology company’s stock worth $14,454,000 after purchasing an additional 6,018 shares during the last quarter. 85.75% of the stock is currently owned by institutional investors and hedge funds.

Fair Isaac Stock Performance

Shares of NYSE FICO opened at $1,816.80 on Wednesday. The firm has a 50 day moving average price of $1,904.09 and a 200 day moving average price of $1,977.27. The stock has a market cap of $44.36 billion, a P/E ratio of 83.38, a P/E/G ratio of 3.27 and a beta of 1.39. Fair Isaac Co. has a 52-week low of $1,105.65 and a 52-week high of $2,402.51.

Fair Isaac (NYSE:FICO) last released its quarterly earnings data on Tuesday, February 4th. The technology company reported $4.15 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%. Analysts predict that Fair Isaac Co. will post 24.15 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research analysts have commented on the company. Royal Bank of Canada reiterated a “sector perform” rating and issued a $2,040.00 price objective on shares of Fair Isaac in a research report on Thursday, November 7th. Robert W. Baird decreased their price target on Fair Isaac from $1,975.00 to $1,775.00 and set a “neutral” rating on the stock in a report on Wednesday, February 5th. The Goldman Sachs Group boosted their price objective on Fair Isaac from $2,374.00 to $2,661.00 and gave the stock a “buy” rating in a report on Thursday, December 5th. UBS Group cut their target price on shares of Fair Isaac from $2,250.00 to $2,100.00 and set a “neutral” rating on the stock in a research report on Monday, January 27th. Finally, Oppenheimer lowered their price target on shares of Fair Isaac from $2,515.00 to $2,409.00 and set an “outperform” rating for the company in a research report on Tuesday, January 7th. Five equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $2,078.15.

Insiders Place Their Bets

In other news, EVP James M. Wehmann sold 3,000 shares of the company’s stock in a transaction that occurred on Thursday, December 12th. The shares were sold at an average price of $2,195.19, for a total value of $6,585,570.00. Following the completion of the transaction, the executive vice president now owns 51,911 shares in the company, valued at $113,954,508.09. This represents a 5.46 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Marc F. Mcmorris sold 520 shares of the firm’s stock in a transaction on Tuesday, December 17th. The stock was sold at an average price of $2,152.57, for a total transaction of $1,119,336.40. Following the sale, the director now owns 242 shares in the company, valued at approximately $520,921.94. The trade was a 68.24 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 13,170 shares of company stock worth $27,132,248 over the last ninety days. 3.46% of the stock is currently owned by corporate insiders.

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.