Fair Isaac Co. (NYSE:FICO) Shares Sold by Allspring Global Investments Holdings LLC

Allspring Global Investments Holdings LLC reduced its stake in Fair Isaac Co. (NYSE:FICO - Free Report) by 36.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 51,142 shares of the technology company's stock after selling 29,316 shares during the quarter. Allspring Global Investments Holdings LLC owned 0.21% of Fair Isaac worth $102,068,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Soltis Investment Advisors LLC acquired a new stake in shares of Fair Isaac in the 4th quarter valued at approximately $2,449,000. Kestra Private Wealth Services LLC lifted its holdings in shares of Fair Isaac by 38.4% in the 4th quarter. Kestra Private Wealth Services LLC now owns 299 shares of the technology company's stock valued at $595,000 after buying an additional 83 shares during the period. Clarity Wealth Advisors LLC lifted its holdings in shares of Fair Isaac by 44.0% in the 4th quarter. Clarity Wealth Advisors LLC now owns 422 shares of the technology company's stock valued at $840,000 after buying an additional 129 shares during the period. Golden State Wealth Management LLC acquired a new stake in shares of Fair Isaac in the 4th quarter valued at approximately $74,000. Finally, Sumitomo Mitsui DS Asset Management Company Ltd lifted its holdings in shares of Fair Isaac by 2.4% in the 4th quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 2,869 shares of the technology company's stock valued at $5,712,000 after buying an additional 68 shares during the period. 85.75% of the stock is currently owned by hedge funds and other institutional investors.

Fair Isaac Price Performance

FICO stock traded down $7.46 during trading on Friday, reaching $1,795.33. 99,645 shares of the stock traded hands, compared to its average volume of 254,241. The business's 50 day moving average price is $1,962.97 and its 200-day moving average price is $1,971.97. Fair Isaac Co. has a 52-week low of $1,105.65 and a 52-week high of $2,402.51. The firm has a market capitalization of $43.84 billion, a PE ratio of 82.39, a P/E/G ratio of 3.61 and a beta of 1.39.

Fair Isaac (NYSE:FICO - Get Free Report) last posted its quarterly earnings results on Tuesday, February 4th. The technology company reported $4.15 earnings per share (EPS) 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 predict that Fair Isaac Co. will post 23.91 earnings per share for the current year.

Insider Buying and Selling at Fair Isaac

In other Fair Isaac news, CFO Steven P. Weber sold 139 shares of the business's stock in a transaction dated 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 transaction, the chief financial officer now owns 2,478 shares in the company, 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 document filed with the SEC, which is available through this hyperlink. Also, CEO William J. Lansing sold 6,010 shares of the business's stock in a transaction dated Tuesday, February 11th. The stock was 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 owns 42,138 shares in the company, valued at approximately $76,026,643.74. This represents a 12.48 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 16,670 shares of company stock valued at $35,253,683. Company insiders own 3.46% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts have recently commented on FICO shares. Jefferies Financial Group reduced their price target on Fair Isaac from $2,275.00 to $2,175.00 and set a "buy" rating for the company in a report on Wednesday, February 5th. Royal Bank of Canada reaffirmed a "sector perform" rating and set a $2,040.00 price objective on shares of Fair Isaac in a report on Thursday, November 7th. The Goldman Sachs Group lifted their price objective on Fair Isaac from $2,374.00 to $2,661.00 and gave the stock a "buy" rating in a report on Thursday, December 5th. JPMorgan Chase & Co. initiated coverage on Fair Isaac in a report on Friday, December 20th. They set a "neutral" rating and a $2,150.00 price objective for the company. Finally, Robert W. Baird dropped their price target on Fair Isaac from $1,975.00 to $1,775.00 and set a "neutral" rating for the company in a research report on Wednesday, February 5th. Five investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to MarketBeat.com, Fair Isaac has a consensus 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.