Dock Street Asset Management Inc. Sells 456 Shares of Fair Isaac Co. (NYSE:FICO)

Dock Street Asset Management Inc. decreased its holdings in Fair Isaac Co. (NYSE:FICO - Free Report) by 3.1% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 14,334 shares of the technology company's stock after selling 456 shares during the quarter. Fair Isaac makes up about 3.4% of Dock Street Asset Management Inc.'s investment portfolio, making the stock its 11th largest position. Dock Street Asset Management Inc. owned approximately 0.06% of Fair Isaac worth $28,538,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in FICO. Capital Performance Advisors LLP acquired a new position in shares of Fair Isaac in the 3rd quarter valued at $25,000. True Wealth Design LLC boosted its stake in Fair Isaac by 900.0% during the 3rd quarter. True Wealth Design LLC now owns 20 shares of the technology company's stock worth $39,000 after acquiring an additional 18 shares during the last quarter. Berbice Capital Management LLC acquired a new position in Fair Isaac during the fourth quarter valued at approximately $40,000. Meeder Asset Management Inc. increased its stake in Fair Isaac by 37.5% in the third quarter. Meeder Asset Management Inc. now owns 22 shares of the technology company's stock valued at $43,000 after purchasing an additional 6 shares in the last quarter. Finally, Versant Capital Management Inc raised its holdings in Fair Isaac by 500.0% in the fourth 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 other news, CFO Steven P. Weber sold 139 shares of the business's stock in a transaction that occurred 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 transaction, the chief financial officer now owns 2,478 shares in the company, valued at approximately $4,867,832.76. The trade was a 5.31 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP James M. Wehmann sold 3,500 shares of the company's stock in a transaction on Thursday, December 5th. The shares were sold at an average price of $2,373.85, for a total transaction of $8,308,475.00. Following the completion of the sale, the executive vice president now directly owns 45,395 shares in the company, 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. Insiders have sold a total of 10,660 shares of company stock worth $24,410,261 over the last 90 days. Insiders own 3.46% of the company's stock.

Fair Isaac Price Performance

FICO traded down $61.31 on Tuesday, hitting $1,796.04. 94,674 shares of the stock were exchanged, compared to its average volume of 237,590. The firm has a market capitalization of $43.86 billion, a price-to-earnings ratio of 82.43, a PEG ratio of 3.61 and a beta of 1.39. Fair Isaac Co. has a 12 month low of $1,105.65 and a 12 month high of $2,402.51. The business has a 50-day moving average of $2,008.91 and a two-hundred day moving average of $1,966.45.

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 for the quarter, missing analysts' consensus estimates of $6.21 by ($2.06). Fair Isaac had a negative return on equity of 53.40% and a net margin of 30.66%. Equities research 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 issued reports on FICO. Royal Bank of Canada reissued a "sector perform" rating and issued a $2,040.00 price target on shares of Fair Isaac in a report on Thursday, November 7th. UBS Group lowered their price objective on shares of Fair Isaac from $2,250.00 to $2,100.00 and set a "neutral" rating for the company in a research report on Monday, January 27th. Oppenheimer decreased their price objective on Fair Isaac from $2,515.00 to $2,409.00 and set an "outperform" rating for the company in a report on Tuesday, January 7th. Needham & Company LLC reaffirmed a "buy" rating and issued a $2,500.00 target price on shares of Fair Isaac in a research report on Wednesday, February 5th. Finally, Jefferies Financial Group lowered their price target on Fair Isaac from $2,275.00 to $2,175.00 and set a "buy" rating on the stock in a research report on Wednesday, February 5th. Five equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat.com, 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.