Empirical Asset Management LLC Sells 282 Shares of Fair Isaac Co. (NYSE:FICO)

Empirical Asset Management LLC lowered its stake in Fair Isaac Co. (NYSE:FICO - Free Report) by 73.2% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 103 shares of the technology company's stock after selling 282 shares during the period. Empirical Asset Management LLC's holdings in Fair Isaac were worth $205,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently modified their holdings of FICO. Mercer Global Advisors Inc. ADV boosted its stake in shares of Fair Isaac by 5.8% during the second quarter. Mercer Global Advisors Inc. ADV now owns 779 shares of the technology company's stock valued at $1,159,000 after purchasing an additional 43 shares in the last quarter. Brighton Jones LLC boosted its stake in shares of Fair Isaac by 3.1% during the second quarter. Brighton Jones LLC now owns 438 shares of the technology company's stock valued at $652,000 after purchasing an additional 13 shares in the last quarter. Ieq Capital LLC boosted its stake in shares of Fair Isaac by 6.4% during the second quarter. Ieq Capital LLC now owns 1,523 shares of the technology company's stock valued at $2,268,000 after purchasing an additional 92 shares in the last quarter. Bridges Investment Management Inc. boosted its stake in shares of Fair Isaac by 62.9% during the second quarter. Bridges Investment Management Inc. now owns 378 shares of the technology company's stock valued at $563,000 after purchasing an additional 146 shares in the last quarter. Finally, Sei Investments Co. boosted its stake in shares of Fair Isaac by 231.8% during the second quarter. Sei Investments Co. now owns 69,127 shares of the technology company's stock valued at $102,908,000 after purchasing an additional 48,294 shares in the last quarter. Institutional investors own 85.75% of the company's stock.

Analysts Set New Price Targets

A number of research analysts have issued reports on the company. Royal Bank of Canada restated a "sector perform" rating and issued a $2,040.00 price objective on shares of Fair Isaac in a research note on Thursday, November 7th. Robert W. Baird increased their price objective on Fair Isaac from $1,700.00 to $2,000.00 and gave the stock a "neutral" rating in a report on Thursday, November 7th. Jefferies Financial Group upped their target price on Fair Isaac from $2,250.00 to $2,275.00 and gave the stock a "buy" rating in a research note on Wednesday, January 15th. Oppenheimer reduced 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 report on Tuesday, January 7th. Finally, Wells Fargo & Company increased their price objective on Fair Isaac from $2,200.00 to $2,400.00 and gave the company an "overweight" rating in a research report on Thursday, November 7th. Five analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat.com, Fair Isaac currently has a consensus rating of "Moderate Buy" and an average target price of $2,087.77.

Insider Buying and Selling

In other Fair Isaac news, CFO Steven P. Weber sold 139 shares of the business's 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 transaction of $273,054.38. Following the sale, the chief financial officer now directly owns 2,478 shares of the company's stock, valued at $4,867,832.76. The trade was a 5.31 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Marc F. Mcmorris sold 520 shares of the business's stock in a transaction that occurred on Tuesday, December 17th. The stock was sold at an average price of $2,152.57, for a total value of $1,119,336.40. Following the sale, the director now directly owns 242 shares in the company, valued at $520,921.94. The trade was a 68.24 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 13,589 shares of company stock worth $31,258,963. Corporate insiders own 3.54% of the company's stock.

Fair Isaac Stock Performance

Shares of Fair Isaac stock traded down $72.58 during trading hours on Monday, hitting $1,897.10. The company's stock had a trading volume of 362,499 shares, compared to its average volume of 134,171. The business has a 50 day moving average price of $2,161.98 and a two-hundred day moving average price of $1,935.07. Fair Isaac Co. has a 12-month low of $1,105.65 and a 12-month high of $2,402.51. The company has a market cap of $46.19 billion, a PE ratio of 92.77, a PEG ratio of 3.55 and a beta of 1.40.

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.