Fair Isaac Co. (NYSE:FICO) Shares Sold by Chevy Chase Trust Holdings LLC

Chevy Chase Trust Holdings LLC cut its holdings in shares of Fair Isaac Co. (NYSE:FICO - Free Report) by 2.8% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 12,775 shares of the technology company's stock after selling 372 shares during the period. Chevy Chase Trust Holdings LLC owned approximately 0.05% of Fair Isaac worth $25,434,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Capital Performance Advisors LLP acquired a new stake in Fair Isaac in the 3rd quarter worth about $25,000. True Wealth Design LLC boosted its holdings in 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 buying an additional 18 shares during the last quarter. Berbice Capital Management LLC acquired a new stake in Fair Isaac in the 4th quarter worth about $40,000. Meeder Asset Management Inc. boosted its holdings in 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 buying an additional 6 shares during the last quarter. Finally, Versant Capital Management Inc boosted its holdings in 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 buying an additional 20 shares during the last quarter. 85.75% of the stock is currently owned by institutional investors and hedge funds.

Fair Isaac Price Performance

Shares of FICO stock traded down $41.69 during trading on Wednesday, hitting $1,752.55. 198,345 shares of the stock traded hands, compared to its average volume of 227,734. The firm has a market capitalization of $42.80 billion, a P/E ratio of 80.43, a price-to-earnings-growth ratio of 3.41 and a beta of 1.39. The firm's fifty day moving average price is $1,946.76 and its 200-day moving average price is $1,974.84. Fair Isaac Co. has a 52-week low of $1,105.65 and a 52-week high of $2,402.51.

Fair Isaac (NYSE:FICO - Get Free Report) last released 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%. As a group, equities research analysts expect that Fair Isaac Co. will post 24.15 earnings per share for the current year.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the company. Barclays lifted their price objective 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. JPMorgan Chase & Co. initiated coverage on Fair Isaac in a report on Friday, December 20th. They issued a "neutral" rating and a $2,150.00 price objective on the stock. Jefferies Financial Group lowered their target price on Fair Isaac from $2,275.00 to $2,175.00 and set a "buy" rating on the stock in a report on Wednesday, February 5th. The Goldman Sachs Group boosted their target price on Fair Isaac from $2,374.00 to $2,661.00 and gave the stock a "buy" rating in a report on Thursday, December 5th. Finally, Royal Bank of Canada restated a "sector perform" rating and set a $2,040.00 target price on shares of Fair Isaac in a report on Thursday, November 7th. Five research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $2,078.15.

Insider Buying and Selling at Fair Isaac

In related news, CEO William J. Lansing sold 6,010 shares of the business'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 owns 42,138 shares in the company, valued at approximately $76,026,643.74. The trade was a 12.48 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP James M. Wehmann sold 3,500 shares of the business's stock in a transaction on Thursday, November 21st. The stock was sold at an average price of $2,320.41, for a total transaction of $8,121,435.00. Following the transaction, the executive vice president now owns 48,895 shares of the company's stock, valued at approximately $113,456,446.95. The trade was a 6.68 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 16,670 shares of company stock valued at $35,253,683 over the last quarter. 3.46% of the stock is 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.