Fair Isaac Co. (NYSE:FICO) Shares Sold by Commonwealth of Pennsylvania Public School Empls Retrmt SYS

Commonwealth of Pennsylvania Public School Empls Retrmt SYS lowered its position in shares of Fair Isaac Co. (NYSE:FICO - Free Report) by 3.0% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 5,177 shares of the technology company's stock after selling 161 shares during the quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS's holdings in Fair Isaac were worth $10,307,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of FICO. First National Bank of Omaha purchased a new stake in Fair Isaac during the 3rd quarter valued at approximately $1,576,000. National Bank of Canada FI increased its holdings in Fair Isaac by 51.9% in the 3rd quarter. National Bank of Canada FI now owns 19,817 shares of the technology company's stock valued at $38,514,000 after acquiring an additional 6,768 shares during the last quarter. Donoghue Forlines LLC purchased a new stake in Fair Isaac in the 4th quarter worth $1,935,000. BNP Paribas bought a new position in shares of Fair Isaac during the 3rd quarter valued at about $445,000. Finally, Czech National Bank grew its position in shares of Fair Isaac by 5.7% during the fourth quarter. Czech National Bank now owns 5,280 shares of the technology company's stock valued at $10,512,000 after purchasing an additional 286 shares in the last quarter. 85.75% of the stock is currently owned by institutional investors.

Fair Isaac Price Performance

Shares of NYSE:FICO traded down $35.79 during trading on Wednesday, reaching $1,883.85. 128,959 shares of the company were exchanged, compared to its average volume of 171,884. The firm has a market capitalization of $46.00 billion, a PE ratio of 86.45, a P/E/G ratio of 3.27 and a beta of 1.41. The business's fifty day simple moving average is $1,834.60 and its 200-day simple moving average is $1,990.58. Fair Isaac Co. has a 12-month low of $1,105.65 and a 12-month high of $2,402.52.

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Fair Isaac (NYSE:FICO - Get Free Report) last issued its 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%. On average, sell-side analysts anticipate that Fair Isaac Co. will post 24.15 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of research firms recently commented on FICO. Robert W. Baird decreased their target price on Fair Isaac from $1,975.00 to $1,775.00 and set a "neutral" rating on the stock in a research report on Wednesday, February 5th. The Goldman Sachs Group upped 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. Wells Fargo & Company dropped their price objective on shares of Fair Isaac from $2,650.00 to $2,600.00 and set an "overweight" rating for the company in a research note on Wednesday, February 5th. JPMorgan Chase & Co. initiated coverage on Fair Isaac in a research note on Friday, December 20th. They set a "neutral" rating and a $2,150.00 price objective on the stock. Finally, Needham & Company LLC restated a "buy" rating and set a $2,500.00 price objective on shares of Fair Isaac in a research report on Wednesday, February 5th. Four research analysts have rated the stock with a hold rating and nine have given a buy rating to the company's stock. Based on data from MarketBeat, Fair Isaac currently has a consensus rating of "Moderate Buy" and a consensus target price of $2,088.15.

Insiders Place Their Bets

In other news, CEO William J. Lansing sold 4,092 shares of the business's stock in a transaction on Tuesday, March 11th. The stock was sold at an average price of $1,727.69, for a total value of $7,069,707.48. Following the completion of the transaction, the chief executive officer now directly owns 42,138 shares of the company's stock, valued at approximately $72,801,401.22. The trade was a 8.85 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO Steven P. Weber sold 139 shares of the firm's stock in a transaction dated Thursday, January 9th. The shares were sold at an average price of $1,964.42, for a total value of $273,054.38. Following the sale, the chief financial officer now directly owns 2,478 shares in the company, valued at approximately $4,867,832.76. The trade was a 5.31 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 10,241 shares of company stock worth $18,186,184 in the last three months. Corporate insiders own 3.46% of the company's stock.

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.