Fair Isaac Co. (NYSE:FICO) Holdings Decreased by MML Investors Services LLC

MML Investors Services LLC decreased its holdings in shares of Fair Isaac Co. (NYSE:FICO - Free Report) by 18.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,418 shares of the technology company's stock after selling 325 shares during the quarter. MML Investors Services LLC's holdings in Fair Isaac were worth $2,822,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Rakuten Securities Inc. grew its holdings in shares of Fair Isaac by 160.0% during the fourth quarter. Rakuten Securities Inc. now owns 13 shares of the technology company's stock valued at $26,000 after buying an additional 8 shares in the last quarter. Pinnacle Holdings LLC purchased a new position in shares of Fair Isaac during the fourth quarter valued at $26,000. Berbice Capital Management LLC purchased a new position in shares of Fair Isaac during the fourth quarter valued at $40,000. Avalon Trust Co purchased a new position in shares of Fair Isaac during the fourth quarter valued at $40,000. Finally, OFI Invest Asset Management purchased a new position in shares of Fair Isaac during the fourth quarter valued at $42,000. Hedge funds and other institutional investors own 85.75% of the company's stock.

Fair Isaac Stock Up 0.8 %

Shares of FICO stock opened at $1,952.85 on Monday. The stock has a 50 day moving average of $1,832.51 and a 200-day moving average of $1,979.12. The firm has a market cap of $47.68 billion, a PE ratio of 89.62, a price-to-earnings-growth ratio of 3.27 and a beta of 1.37. Fair Isaac Co. has a 12 month low of $1,112.65 and a 12 month high of $2,402.52.

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 net margin of 30.66% and a negative return on equity of 53.40%. As a group, equities analysts predict that Fair Isaac Co. will post 24.15 EPS for the current fiscal year.

Insider Activity at Fair Isaac

In other Fair Isaac news, CEO William J. Lansing sold 6,010 shares of Fair Isaac stock in a transaction on Tuesday, February 11th. The shares were sold at an average price of $1,804.23, for a total transaction of $10,843,422.30. Following the sale, 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 ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Insiders have sold 13,058 shares of company stock worth $23,119,030 over the last three months. Company insiders own 3.46% of the company's stock.

Analyst Upgrades and Downgrades

A number of research analysts have commented on the company. Needham & Company LLC restated a "buy" rating and issued a $2,500.00 target price on shares of Fair Isaac in a research note on Friday, April 11th. Barclays lowered their target price on Fair Isaac from $2,350.00 to $2,250.00 and set an "overweight" rating on the stock in a research note on Friday, April 4th. Wells Fargo & Company lowered their target price on Fair Isaac from $2,650.00 to $2,600.00 and set an "overweight" rating on the stock in a research note on Wednesday, February 5th. Jefferies Financial Group lowered their target price on Fair Isaac from $2,275.00 to $2,175.00 and set a "buy" rating on the stock in a research note on Wednesday, February 5th. Finally, Oppenheimer lowered their target price 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. Three research analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $2,276.25.

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.

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