Asset Management One Co. Ltd. Reduces Holdings in Fair Isaac Co. (NYSE:FICO)

Asset Management One Co. Ltd. decreased its holdings in Fair Isaac Co. (NYSE:FICO - Free Report) by 6.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 15,494 shares of the technology company's stock after selling 1,115 shares during the period. Asset Management One Co. Ltd. owned about 0.06% of Fair Isaac worth $31,566,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Capital Performance Advisors LLP purchased a new stake in shares of Fair Isaac during the 3rd quarter valued at about $25,000. True Wealth Design LLC lifted its stake in shares of Fair Isaac by 900.0% in the 3rd quarter. True Wealth Design LLC now owns 20 shares of the technology company's stock worth $39,000 after purchasing an additional 18 shares during the period. Berbice Capital Management LLC bought a new position in shares of Fair Isaac in the 4th quarter worth approximately $40,000. Meeder Asset Management Inc. lifted its stake 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 worth $43,000 after purchasing an additional 6 shares during the period. Finally, Versant Capital Management Inc lifted its stake in shares of Fair Isaac by 500.0% in the 4th quarter. Versant Capital Management Inc now owns 24 shares of the technology company's stock worth $48,000 after purchasing an additional 20 shares during the period. Institutional investors own 85.75% of the company's stock.

Insider Buying and Selling at Fair Isaac

In related news, CFO Steven P. Weber sold 139 shares of the firm's stock in a transaction on Thursday, January 9th. The shares were sold at an average price of $1,964.42, for a total value of $273,054.38. Following the completion of the transaction, the chief financial officer now directly owns 2,478 shares of the company's stock, valued at approximately $4,867,832.76. This trade represents a 5.31 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO William J. Lansing sold 6,010 shares of the firm's stock in a transaction on Tuesday, February 11th. The shares were sold at an average price of $1,804.23, for a total transaction of $10,843,422.30. Following the completion of the transaction, the chief executive officer now directly owns 42,138 shares of the company's stock, valued at approximately $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 a total of 16,670 shares of company stock valued at $35,253,683 in the last three months. 3.46% of the stock is currently owned by corporate insiders.

Fair Isaac Stock Performance

FICO traded down $9.79 during trading on Tuesday, reaching $1,789.40. 45,722 shares of the company traded hands, compared to its average volume of 226,531. Fair Isaac Co. has a 12-month low of $1,105.65 and a 12-month high of $2,402.51. The firm has a fifty day simple moving average of $1,954.33 and a 200 day simple moving average of $1,973.50. The company has a market cap of $43.70 billion, a P/E ratio of 82.12, a PEG ratio of 3.61 and a beta of 1.39.

Fair Isaac (NYSE:FICO - Get Free Report) last announced its quarterly earnings data 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%. As a group, sell-side analysts expect that Fair Isaac Co. will post 23.91 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on FICO. Oppenheimer lowered their price objective on shares of Fair Isaac from $2,515.00 to $2,409.00 and set an "outperform" rating on the stock in a research note on Tuesday, January 7th. 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 note on Thursday, November 7th. Needham & Company LLC reiterated a "buy" rating and issued a $2,500.00 price objective on shares of Fair Isaac in a research note on Wednesday, February 5th. Robert W. Baird lowered their price objective on shares of Fair Isaac from $1,975.00 to $1,775.00 and set a "neutral" rating on the stock in a research note on Wednesday, February 5th. Finally, JPMorgan Chase & Co. started coverage on shares of Fair Isaac in a research note on Friday, December 20th. They set a "neutral" rating and a $2,150.00 target price on the stock. Five 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, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $2,078.15.

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.