Voya Investment Management LLC Sells 2,837 Shares of Fair Isaac Co. (NYSE:FICO)

Voya Investment Management LLC lowered its stake in Fair Isaac Co. (NYSE:FICO - Free Report) by 7.9% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 33,291 shares of the technology company's stock after selling 2,837 shares during the period. Voya Investment Management LLC owned 0.14% of Fair Isaac worth $66,280,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of FICO. Rakuten Securities Inc. lifted its stake in Fair Isaac by 160.0% during the fourth quarter. Rakuten Securities Inc. now owns 13 shares of the technology company's stock worth $26,000 after purchasing an additional 8 shares during the last quarter. Pinnacle Holdings LLC bought a new position in shares of Fair Isaac in the 4th quarter worth about $26,000. Berbice Capital Management LLC bought a new stake in shares of Fair Isaac during the 4th quarter valued at about $40,000. Avalon Trust Co acquired a new stake in Fair Isaac during the fourth quarter worth about $40,000. Finally, OFI Invest Asset Management bought a new position in Fair Isaac in the fourth quarter worth about $42,000. 85.75% of the stock is owned by institutional investors.

Insider Buying and Selling at Fair Isaac

In other news, CEO William J. Lansing sold 6,010 shares of the company's stock in a transaction 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 transaction, the chief executive officer now directly owns 42,138 shares of the company's stock, valued at approximately $76,026,643.74. This represents a 12.48 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders have sold a total of 13,058 shares of company stock valued at $23,119,030 in the last three months. 3.46% of the stock is currently owned by company insiders.

Fair Isaac Price Performance

Shares of NYSE:FICO traded down $11.41 on Monday, reaching $1,940.90. 201,253 shares of the company traded hands, compared to its average volume of 179,020. The stock has a market capitalization of $47.39 billion, a PE ratio of 89.07, a P/E/G ratio of 3.27 and a beta of 1.37. The company's 50 day moving average is $1,832.51 and its 200-day moving average is $1,979.12. Fair Isaac Co. has a fifty-two week low of $1,112.65 and a fifty-two week high of $2,402.52.

Fair Isaac (NYSE:FICO - Get Free Report) last posted its quarterly earnings data on Tuesday, February 4th. The technology company reported $4.15 earnings per share (EPS) for the quarter, missing the consensus estimate of $6.21 by ($2.06). Fair Isaac had a negative return on equity of 53.40% and a net margin of 30.66%. As a group, analysts expect that Fair Isaac Co. will post 24.15 EPS for the current year.

Analyst Ratings Changes

FICO has been the topic of a number of research reports. Barclays dropped their price target on Fair Isaac from $2,350.00 to $2,250.00 and set an "overweight" rating on the stock in a research report on Friday, April 4th. Jefferies Financial Group lowered their price target on shares of Fair Isaac from $2,275.00 to $2,175.00 and set a "buy" rating for the company in a research report on Wednesday, February 5th. Royal Bank of Canada upgraded shares of Fair Isaac from a "sector perform" rating to an "outperform" rating and lifted their price objective for the company from $2,040.00 to $2,170.00 in a research report on Wednesday, February 26th. Robert W. Baird decreased their target price on shares of 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. Finally, Oppenheimer reduced their price objective on Fair Isaac from $2,515.00 to $2,409.00 and set an "outperform" rating for the company in a research report on Tuesday, January 7th. Three research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target 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.