Empowered Funds LLC Sells 713 Shares of Fair Isaac Co. (NYSE:FICO)

Empowered Funds LLC lowered its position in Fair Isaac Co. (NYSE:FICO - Free Report) by 12.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,950 shares of the technology company's stock after selling 713 shares during the quarter. Empowered Funds LLC's holdings in Fair Isaac were worth $9,855,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the company. International Assets Investment Management LLC increased its position in Fair Isaac by 189,461.6% during the third quarter. International Assets Investment Management LLC now owns 538,355 shares of the technology company's stock worth $1,046,304,000 after buying an additional 538,071 shares during 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 acquiring an additional 67,931 shares in the last quarter. FMR LLC increased its holdings in shares of Fair Isaac by 46.1% during the 3rd quarter. FMR LLC now owns 207,026 shares of the technology company's stock valued at $402,358,000 after acquiring an additional 65,297 shares during the last quarter. Jennison Associates LLC raised its stake in shares of Fair Isaac by 35.1% in the 3rd quarter. Jennison Associates LLC now owns 241,149 shares of the technology company's stock valued at $468,677,000 after acquiring an additional 62,653 shares in the last quarter. Finally, Mizuho Securities USA LLC boosted its position in Fair Isaac by 1,845.2% during the third 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 period. 85.75% of the stock is owned by institutional investors and hedge funds.

Fair Isaac Stock Performance

Shares of FICO stock traded up $35.97 during mid-day trading on Thursday, reaching $1,803.38. The company's stock had a trading volume of 149,610 shares, compared to its average volume of 237,304. The firm's 50-day moving average is $1,974.56 and its two-hundred day moving average is $1,965.25. Fair Isaac Co. has a 1-year low of $1,105.65 and a 1-year high of $2,402.51. The company has a market cap of $44.04 billion, a P/E ratio of 82.76, a PEG ratio of 3.61 and a beta of 1.39.

Fair Isaac (NYSE:FICO - Get Free Report) last released 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%. Sell-side analysts anticipate that Fair Isaac Co. will post 23.91 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the stock. Barclays raised their target price on shares of Fair Isaac from $2,150.00 to $2,350.00 and gave the company an "overweight" rating in a research note on Thursday, November 7th. Royal Bank of Canada reaffirmed a "sector perform" rating and issued a $2,040.00 price target on shares of Fair Isaac in a research report on Thursday, November 7th. Needham & Company LLC reissued a "buy" rating and set a $2,500.00 price objective on shares of Fair Isaac in a research report on Wednesday, February 5th. Robert W. Baird decreased their target price on Fair Isaac from $1,975.00 to $1,775.00 and set a "neutral" rating for the company in a research note on Wednesday, February 5th. Finally, Wells Fargo & Company dropped their price target on Fair Isaac from $2,650.00 to $2,600.00 and set an "overweight" rating on the stock in a research report on Wednesday, February 5th. Five investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $2,078.15.

Insider Transactions at Fair Isaac

In related news, CEO William J. Lansing sold 6,010 shares of the business's stock in a transaction that occurred 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 $76,026,643.74. The trade was a 12.48 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CFO Steven P. Weber sold 139 shares of the 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 transaction of $273,054.38. Following the completion of the transaction, the chief financial officer now 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 have sold 16,670 shares of company stock valued at $35,253,683. 3.46% of the stock is owned by insiders.

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.