Sei Investments Co. Reduces Stock Position in Fair Isaac Co. (NYSE:FICO)

Sei Investments Co. reduced its holdings in Fair Isaac Co. (NYSE:FICO) by 26.5% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 51,465 shares of the technology company’s stock after selling 18,564 shares during the period. Sei Investments Co.’s holdings in Fair Isaac were worth $102,461,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Mechanics Bank Trust Department grew its stake in shares of Fair Isaac by 5.7% in the 4th quarter. Mechanics Bank Trust Department now owns 112 shares of the technology company’s stock worth $223,000 after buying an additional 6 shares in the last quarter. Alpha Cubed Investments LLC grew its stake in shares of Fair Isaac by 1.3% in the 4th quarter. Alpha Cubed Investments LLC now owns 473 shares of the technology company’s stock worth $942,000 after buying an additional 6 shares in the last quarter. Resonant Capital Advisors LLC boosted its stake in shares of Fair Isaac by 2.0% during the 4th quarter. Resonant Capital Advisors LLC now owns 306 shares of the technology company’s stock worth $609,000 after purchasing an additional 6 shares during the period. Mather Group LLC. boosted its stake in shares of Fair Isaac by 5.2% during the 4th quarter. Mather Group LLC. now owns 122 shares of the technology company’s stock worth $243,000 after purchasing an additional 6 shares during the period. Finally, D.A. Davidson & CO. boosted its stake in shares of Fair Isaac by 1.0% during the 4th quarter. D.A. Davidson & CO. now owns 621 shares of the technology company’s stock worth $1,236,000 after purchasing an additional 6 shares during the period. 85.75% of the stock is owned by hedge funds and other institutional investors.

Fair Isaac Stock Performance

NYSE:FICO opened at $1,857.48 on Friday. Fair Isaac Co. has a one year low of $1,105.65 and a one year high of $2,402.52. The firm has a market cap of $45.36 billion, a P/E ratio of 85.24, a P/E/G ratio of 3.27 and a beta of 1.41. The firm has a 50-day simple moving average of $1,835.24 and a 200-day simple moving average of $1,986.57.

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

Insider Activity

In other news, CEO William J. Lansing sold 6,010 shares of Fair Isaac stock in a transaction that occurred on Tuesday, February 11th. The shares were sold at an average price of $1,804.23, for a total value of $10,843,422.30. Following the transaction, the chief executive officer now owns 42,138 shares of the company’s stock, valued at $76,026,643.74. The trade was a 12.48 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Steven P. Weber sold 139 shares of Fair Isaac stock in a transaction that occurred 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 completion of the transaction, the chief financial officer now directly owns 2,478 shares in the company, valued at approximately $4,867,832.76. The trade was a 5.31 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 10,241 shares of company stock worth $18,186,184. 3.46% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

FICO has been the subject of a number of recent analyst reports. Jefferies Financial Group dropped their price target on shares of Fair Isaac from $2,275.00 to $2,175.00 and set a “buy” rating for the company in a research note on Wednesday, February 5th. Needham & Company LLC reaffirmed a “buy” rating and set a $2,500.00 price target on shares of Fair Isaac in a research note on Wednesday, February 5th. JPMorgan Chase & Co. initiated coverage on shares of Fair Isaac in a research note on Friday, December 20th. They set a “neutral” rating and a $2,150.00 price target for the company. The Goldman Sachs Group lifted their price target on shares of Fair Isaac from $2,374.00 to $2,661.00 and gave the stock a “buy” rating in a research note on Thursday, December 5th. Finally, Robert W. Baird dropped their price target on shares of Fair Isaac from $1,975.00 to $1,775.00 and set a “neutral” rating for the company in a research note on Wednesday, February 5th. Four equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. Based on data from MarketBeat.com, Fair Isaac currently has a consensus 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.