American Century Companies Inc. Sells 19,481 Shares of Fair Isaac Co. (NYSE:FICO)

American Century Companies Inc. trimmed its position in Fair Isaac Co. (NYSE:FICO - Free Report) by 5.0% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 369,120 shares of the technology company's stock after selling 19,481 shares during the period. Fair Isaac accounts for approximately 0.4% of American Century Companies Inc.'s investment portfolio, making the stock its 25th biggest position. American Century Companies Inc. owned 1.51% of Fair Isaac worth $734,892,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Principal Financial Group Inc. lifted its holdings in Fair Isaac by 0.5% during the 3rd quarter. Principal Financial Group Inc. now owns 372,582 shares of the technology company's stock worth $724,122,000 after buying an additional 1,977 shares during the period. Thrivent Financial for Lutherans raised its position in shares of Fair Isaac by 5.4% during the third quarter. Thrivent Financial for Lutherans now owns 4,185 shares of the technology company's stock worth $8,134,000 after acquiring an additional 214 shares during the last quarter. Quest Partners LLC acquired a new stake in Fair Isaac during the 3rd quarter valued at approximately $688,000. PNC Financial Services Group Inc. increased its position in Fair Isaac by 15.1% during the 3rd quarter. PNC Financial Services Group Inc. now owns 2,901 shares of the technology company's stock valued at $5,638,000 after purchasing an additional 381 shares during the period. Finally, Advisors Asset Management Inc. raised its holdings in Fair Isaac by 169.0% during the 3rd quarter. Advisors Asset Management Inc. now owns 113 shares of the technology company's stock worth $220,000 after purchasing an additional 71 shares during the last quarter. 85.75% of the stock is currently owned by institutional investors.

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Analyst Ratings Changes

A number of equities research analysts have recently commented on FICO shares. The Goldman Sachs Group upped their price objective on shares of Fair Isaac from $2,374.00 to $2,661.00 and gave the company a "buy" rating in a research note on Thursday, December 5th. Wells Fargo & Company decreased their price target on Fair Isaac from $2,650.00 to $2,600.00 and set an "overweight" rating for the company in a report on Wednesday, February 5th. Oppenheimer cut their target price on Fair Isaac from $2,515.00 to $2,409.00 and set an "outperform" rating on the stock in a research report on Tuesday, January 7th. Robert W. Baird reduced their price objective 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. Finally, UBS Group lowered 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 note on Monday, January 27th. Four investment analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. According to data from MarketBeat.com, Fair Isaac presently has an average rating of "Moderate Buy" and an average price target of $2,088.15.

Fair Isaac Price Performance

FICO stock traded down $35.79 during midday trading on Wednesday, hitting $1,883.85. The stock had a trading volume of 128,960 shares, compared to its average volume of 172,023. The business has a 50-day moving average of $1,831.78 and a two-hundred day moving average of $1,989.83. The firm has a market cap of $46.00 billion, a price-to-earnings ratio of 86.45, a price-to-earnings-growth ratio of 3.27 and a beta of 1.41. Fair Isaac Co. has a 52-week low of $1,105.65 and a 52-week high of $2,402.52.

Fair Isaac (NYSE:FICO - Get Free Report) last announced its quarterly earnings results on Tuesday, February 4th. The technology company reported $4.15 earnings per share (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%. Research analysts predict that Fair Isaac Co. will post 24.15 earnings per share for the current year.

Insider Activity

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 stock was 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 owns 2,478 shares in the company, valued at $4,867,832.76. This represents a 5.31 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CEO William J. Lansing sold 4,092 shares of the business's stock in a transaction that occurred on Tuesday, March 11th. The shares were sold at an average price of $1,727.69, for a total value of $7,069,707.48. Following the transaction, the chief executive officer now owns 42,138 shares of the company's stock, valued at approximately $72,801,401.22. This trade represents a 8.85 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 10,241 shares of company stock valued at $18,186,184 in the last ninety days. 3.46% of the stock is currently owned by company 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.