Fair Isaac Co. (NYSE:FICO) Shares Sold by Clarkston Capital Partners LLC

Clarkston Capital Partners LLC reduced its holdings in Fair Isaac Co. (NYSE:FICO - Free Report) by 50.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 150 shares of the technology company's stock after selling 150 shares during the period. Clarkston Capital Partners LLC's holdings in Fair Isaac were worth $299,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in FICO. Vanguard Group Inc. lifted its stake in Fair Isaac by 0.8% in the 4th quarter. Vanguard Group Inc. now owns 2,903,694 shares of the technology company's stock valued at $5,781,051,000 after buying an additional 22,178 shares in the last quarter. State Street Corp boosted its stake in shares of Fair Isaac by 0.5% in the third quarter. State Street Corp now owns 1,045,165 shares of the technology company's stock worth $2,031,299,000 after acquiring an additional 5,472 shares during the last quarter. JPMorgan Chase & Co. increased its position in shares of Fair Isaac by 0.8% during the fourth quarter. JPMorgan Chase & Co. now owns 678,613 shares of the technology company's stock worth $1,351,073,000 after purchasing an additional 5,371 shares in the last quarter. Geode Capital Management LLC raised its stake in Fair Isaac by 2.7% in the 4th quarter. Geode Capital Management LLC now owns 663,035 shares of the technology company's stock valued at $1,318,630,000 after purchasing an additional 17,656 shares during the last quarter. Finally, Principal Financial Group Inc. raised its position in shares of Fair Isaac by 0.5% in the third quarter. Principal Financial Group Inc. now owns 372,582 shares of the technology company's stock valued at $724,122,000 after buying an additional 1,977 shares during the last quarter. 85.75% of the stock is currently owned by hedge funds and other institutional investors.

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Fair Isaac Price Performance

Shares of NYSE FICO traded up $9.93 during mid-day trading on Friday, hitting $1,859.99. The company had a trading volume of 89,396 shares, compared to its average volume of 179,940. Fair Isaac Co. has a 1-year low of $1,105.65 and a 1-year high of $2,402.52. The company has a market capitalization of $45.42 billion, a PE ratio of 85.49, a price-to-earnings-growth ratio of 3.27 and a beta of 1.37. The business's 50-day simple moving average is $1,813.00 and its 200 day simple moving average is $1,981.82.

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 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, analysts expect that Fair Isaac Co. will post 24.15 EPS for the current year.

Analyst Upgrades and Downgrades

FICO has been the subject of several research reports. Needham & Company LLC reaffirmed a "buy" rating and set a $2,500.00 price objective on shares of Fair Isaac in a research note on Friday. Bank of America initiated coverage on Fair Isaac in a research report on Thursday. They issued a "buy" rating and a $2,800.00 price target for the company. Oppenheimer lowered their price objective on 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. Wells Fargo & Company cut their target price on 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. Finally, JPMorgan Chase & Co. began coverage on shares of Fair Isaac in a research report on Friday, December 20th. They set a "neutral" rating and a $2,150.00 price target on the stock. Four analysts have rated the stock with a hold rating and ten have given a buy rating to the company. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $2,131.86.

Insider Buying and Selling

In other news, CEO William J. Lansing sold 6,010 shares of the company's stock in a transaction on Tuesday, February 11th. The shares were sold at an average price of $1,804.23, for a total value 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. This represents a 12.48 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Insiders sold 13,058 shares of company stock worth $23,119,030 over the last 90 days. 3.46% of the stock is owned by 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.