Apollon Wealth Management LLC Decreases Stock Position in Fair Isaac Co. (NYSE:FICO)

Apollon Wealth Management LLC reduced its position in shares of Fair Isaac Co. (NYSE:FICO - Free Report) by 43.3% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 303 shares of the technology company's stock after selling 231 shares during the quarter. Apollon Wealth Management LLC's holdings in Fair Isaac were worth $603,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in FICO. Heritage Family Offices LLP lifted its position in shares of Fair Isaac by 2.0% during the 3rd quarter. Heritage Family Offices LLP now owns 256 shares of the technology company's stock valued at $498,000 after buying an additional 5 shares in the last quarter. Moss Adams Wealth Advisors LLC lifted its position in shares of Fair Isaac by 4.0% during the 3rd quarter. Moss Adams Wealth Advisors LLC now owns 155 shares of the technology company's stock valued at $301,000 after buying an additional 6 shares in the last quarter. Covestor Ltd lifted its position in shares of Fair Isaac by 30.0% during the 3rd 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. lifted its position in shares of Fair Isaac by 37.5% during the 3rd quarter. Meeder Asset Management Inc. now owns 22 shares of the technology company's stock valued at $43,000 after buying an additional 6 shares in the last quarter. Finally, Mechanics Bank Trust Department lifted its position in shares of Fair Isaac by 5.7% during the 4th quarter. Mechanics Bank Trust Department now owns 112 shares of the technology company's stock valued at $223,000 after buying an additional 6 shares in the last quarter. 85.75% of the stock is currently owned by institutional investors.

Fair Isaac Trading Down 0.4 %

Shares of FICO traded down $7.46 during midday trading on Friday, reaching $1,795.33. 99,645 shares of the stock were exchanged, compared to its average volume of 254,241. Fair Isaac Co. has a 52 week low of $1,105.65 and a 52 week high of $2,402.51. The company's 50 day moving average is $1,962.97 and its two-hundred day moving average is $1,971.97. The company has a market capitalization of $43.84 billion, a P/E ratio of 82.39, a PEG ratio of 3.61 and a beta of 1.39.

Fair Isaac (NYSE:FICO - Get Free Report) last posted 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 negative return on equity of 53.40% and a net margin of 30.66%. On average, sell-side analysts expect that Fair Isaac Co. will post 23.91 EPS for the current year.

Insider Buying and Selling

In related news, CFO Steven P. Weber sold 139 shares of the company's stock in a transaction 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 sale, the chief financial officer now directly owns 2,478 shares in the company, valued at $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 available through this link. Also, CEO William J. Lansing sold 6,010 shares of the company's stock in a transaction on Tuesday, February 11th. The stock was sold at an average price of $1,804.23, for a total value of $10,843,422.30. Following the sale, the chief executive officer now owns 42,138 shares of the company's stock, valued at $76,026,643.74. This trade represents a 12.48 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 16,670 shares of company stock worth $35,253,683 in the last three months. 3.46% of the stock is owned by insiders.

Analyst Ratings Changes

A number of research analysts recently commented on the company. UBS Group lowered their price target on Fair Isaac from $2,250.00 to $2,100.00 and set a "neutral" rating on the stock in a report on Monday, January 27th. Robert W. Baird lowered 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. Needham & Company LLC reissued a "buy" rating and issued a $2,500.00 price target on shares of Fair Isaac in a report on Wednesday, February 5th. Barclays boosted their price target on Fair Isaac from $2,150.00 to $2,350.00 and gave the stock an "overweight" rating in a report on Thursday, November 7th. Finally, Oppenheimer lowered their price target on Fair Isaac from $2,515.00 to $2,409.00 and set an "outperform" rating on the stock in a report on Tuesday, January 7th. Five investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average 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.