Fair Isaac Co. (NYSE:FICO) Shares Sold by Alberta Investment Management Corp

Alberta Investment Management Corp trimmed its stake in shares of Fair Isaac Co. (NYSE:FICO) by 12.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,100 shares of the technology company’s stock after selling 300 shares during the period. Alberta Investment Management Corp’s holdings in Fair Isaac were worth $4,181,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Covestor Ltd lifted its stake in Fair Isaac by 30.0% during the third quarter. Covestor Ltd now owns 26 shares of the technology company’s stock valued at $52,000 after buying an additional 6 shares in the last quarter. Meeder Asset Management Inc. increased its holdings in shares of Fair Isaac by 37.5% in the 3rd quarter. Meeder Asset Management Inc. now owns 22 shares of the technology company’s stock valued at $43,000 after purchasing an additional 6 shares during the period. Mechanics Bank Trust Department lifted its position in shares of Fair Isaac by 5.7% in the fourth quarter. Mechanics Bank Trust Department now owns 112 shares of the technology company’s stock worth $223,000 after purchasing an additional 6 shares in the last quarter. Alpha Cubed Investments LLC boosted its holdings in shares of Fair Isaac by 1.3% during the fourth quarter. Alpha Cubed Investments LLC now owns 473 shares of the technology company’s stock worth $942,000 after purchasing an additional 6 shares during the period. Finally, Resonant Capital Advisors LLC grew its position in Fair Isaac by 2.0% during the fourth quarter. Resonant Capital Advisors LLC now owns 306 shares of the technology company’s stock valued at $609,000 after purchasing an additional 6 shares in the last quarter. 85.75% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

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

Fair Isaac Stock Performance

Shares of FICO stock opened at $1,724.97 on Friday. The company has a market capitalization of $42.12 billion, a price-to-earnings ratio of 79.16, a PEG ratio of 3.40 and a beta of 1.39. The stock’s 50 day simple moving average is $1,928.65 and its 200 day simple moving average is $1,971.56. Fair Isaac Co. has a twelve month low of $1,105.65 and a twelve month high of $2,402.51.

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

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the stock. Jefferies Financial Group cut their target price on shares of Fair Isaac from $2,275.00 to $2,175.00 and set a “buy” rating for the company in a research report on Wednesday, February 5th. Robert W. Baird cut their price objective on Fair Isaac from $1,975.00 to $1,775.00 and set a “neutral” rating for the company in a report on Wednesday, February 5th. Needham & Company LLC reissued a “buy” rating and set a $2,500.00 price objective on shares of Fair Isaac in a research report on Wednesday, February 5th. Barclays upped their target price on Fair Isaac from $2,150.00 to $2,350.00 and gave the stock an “overweight” rating in a research report on Thursday, November 7th. Finally, Royal Bank of Canada reaffirmed a “sector perform” rating and set a $2,040.00 price target on shares of Fair Isaac in a research note on Thursday, November 7th. Five analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat, Fair Isaac has an average rating of “Moderate Buy” and a consensus price target of $2,078.15.

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.