Choreo LLC Sells 272 Shares of Fair Isaac Co. (NYSE:FICO)

Choreo LLC lowered its holdings in Fair Isaac Co. (NYSE:FICO - Free Report) by 14.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 1,665 shares of the technology company's stock after selling 272 shares during the quarter. Choreo LLC's holdings in Fair Isaac were worth $3,324,000 as of its most recent filing with the SEC.

Several other large investors also recently made changes to their positions in the business. International Assets Investment Management LLC grew its position in Fair Isaac by 189,461.6% in the third quarter. International Assets Investment Management LLC now owns 538,355 shares of the technology company's stock valued at $1,046,304,000 after purchasing an additional 538,071 shares in the last quarter. AustralianSuper Pty Ltd boosted its stake in shares of Fair Isaac by 1,270.9% during the 3rd quarter. AustralianSuper Pty Ltd now owns 73,276 shares of the technology company's stock worth $142,413,000 after buying an additional 67,931 shares during the last quarter. FMR LLC grew its stake in Fair Isaac by 46.1% in the third quarter. FMR LLC now owns 207,026 shares of the technology company's stock valued at $402,358,000 after purchasing an additional 65,297 shares in the last quarter. Jennison Associates LLC grew its stake in shares of Fair Isaac by 35.1% in the third quarter. Jennison Associates LLC now owns 241,149 shares of the technology company's stock valued at $468,677,000 after buying an additional 62,653 shares in the last quarter. Finally, Mizuho Securities USA LLC increased its stake in shares of Fair Isaac by 1,845.2% during the 3rd quarter. Mizuho Securities USA LLC now owns 37,133 shares of the technology company's stock worth $72,169,000 after purchasing an additional 35,224 shares during the last quarter. Institutional investors own 85.75% of the company's stock.

Analyst Upgrades and Downgrades

FICO has been the subject of several recent analyst reports. Wells Fargo & Company cut their target price on shares of Fair Isaac from $2,650.00 to $2,600.00 and set an "overweight" rating for the company in a research note on Wednesday, February 5th. Jefferies Financial Group reduced their target price on 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. UBS Group dropped their price target on Fair Isaac from $2,250.00 to $2,100.00 and set a "neutral" rating on the stock in a research note on Monday, January 27th. Oppenheimer dropped 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 report on Tuesday, January 7th. Finally, Robert W. Baird reduced their target price on shares of Fair Isaac from $1,975.00 to $1,775.00 and set a "neutral" rating for the company in a report on Wednesday, February 5th. Five research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $2,078.15.

Fair Isaac Trading Up 0.1 %

NYSE FICO traded up $2.02 during trading on Monday, reaching $1,860.88. The company's stock had a trading volume of 118,584 shares, compared to its average volume of 239,489. The firm has a 50 day moving average price of $2,018.44 and a 200 day moving average price of $1,964.49. 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 market capitalization of $45.44 billion, a price-to-earnings ratio of 85.39, a price-to-earnings-growth ratio of 3.61 and a beta of 1.39.

Fair Isaac (NYSE:FICO - Get Free Report) last issued its quarterly earnings results on Tuesday, February 4th. The technology company reported $4.15 earnings per share (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, equities analysts forecast that Fair Isaac Co. will post 23.91 EPS for the current fiscal year.

Insider Transactions at Fair Isaac

In other news, CFO Steven P. Weber sold 139 shares of Fair Isaac stock in a transaction on 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 transaction, the chief financial officer now owns 2,478 shares in the company, valued at approximately $4,867,832.76. This trade represents a 5.31 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP James M. Wehmann sold 3,500 shares of the company's stock in a transaction on Thursday, December 5th. The stock was sold at an average price of $2,373.85, for a total value of $8,308,475.00. Following the sale, the executive vice president now owns 45,395 shares of the company's stock, valued at approximately $107,760,920.75. This represents a 7.16 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 10,660 shares of company stock valued at $24,410,261. 3.46% of the stock is owned by corporate insiders.

About Fair Isaac

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.