Fair Isaac Co. (NYSE:FICO) Holdings Reduced by Cypress Funds LLC

Cypress Funds LLC trimmed its holdings in shares of Fair Isaac Co. (NYSE:FICO - Free Report) by 33.3% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 38,930 shares of the technology company's stock after selling 19,431 shares during the period. Fair Isaac makes up approximately 8.4% of Cypress Funds LLC's holdings, making the stock its 3rd largest position. Cypress Funds LLC owned approximately 0.16% of Fair Isaac worth $77,507,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in FICO. State Street Corp boosted its stake in Fair Isaac by 0.5% during the 3rd quarter. State Street Corp now owns 1,045,165 shares of the technology company's stock valued at $2,031,299,000 after purchasing an additional 5,472 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of Fair Isaac by 1.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 673,242 shares of the technology company's stock valued at $1,308,460,000 after buying an additional 7,466 shares during the period. Geode Capital Management LLC boosted its stake in shares of Fair Isaac by 1.0% in the 3rd quarter. Geode Capital Management LLC now owns 645,379 shares of the technology company's stock worth $1,251,537,000 after buying an additional 6,510 shares during the last quarter. Principal Financial Group Inc. increased its position in shares of Fair Isaac by 0.5% during the 3rd quarter. Principal Financial Group Inc. now owns 372,582 shares of the technology company's stock valued at $724,122,000 after purchasing an additional 1,977 shares during the last quarter. Finally, Jennison Associates LLC grew its position in shares of Fair Isaac by 5.4% during the 4th quarter. Jennison Associates LLC now owns 254,282 shares of the technology company's stock valued at $506,257,000 after acquiring an additional 13,133 shares during the period. Institutional investors own 85.75% of the company's stock.

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Fair Isaac Stock Performance

FICO traded down $14.66 during trading on Thursday, hitting $1,872.34. The stock had a trading volume of 88,845 shares, compared to its average volume of 171,805. The stock has a 50 day simple moving average of $1,831.78 and a two-hundred day simple moving average of $1,989.83. Fair Isaac Co. has a twelve month low of $1,105.65 and a twelve month high of $2,402.52. The company has a market capitalization of $45.72 billion, a PE ratio of 85.93, a PEG ratio of 3.27 and a beta of 1.41.

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 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%. On average, equities research analysts anticipate that Fair Isaac Co. will post 24.15 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on FICO shares. Robert W. Baird decreased their target price 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. Wells Fargo & Company reduced their price target on shares of Fair Isaac from $2,650.00 to $2,600.00 and set an "overweight" rating on the stock in a report on Wednesday, February 5th. Needham & Company LLC reaffirmed a "buy" rating and set a $2,500.00 price objective on shares of Fair Isaac in a report on Wednesday, February 5th. Royal Bank of Canada upgraded Fair Isaac from a "sector perform" rating to an "outperform" rating and lifted their target price for the stock from $2,040.00 to $2,170.00 in a report on Wednesday, February 26th. Finally, Oppenheimer reduced 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. Four investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $2,088.15.

Insider Buying and Selling at Fair Isaac

In related news, CEO William J. Lansing sold 6,010 shares of the firm's stock in a transaction dated 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 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 position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CFO Steven P. Weber sold 139 shares of Fair Isaac stock in a transaction that occurred 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 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 ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 10,241 shares of company stock worth $18,186,184. Insiders own 3.46% of the company's stock.

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.