Fair Isaac Co. (NYSE:FICO) Shares Sold by TD Private Client Wealth LLC

TD Private Client Wealth LLC reduced its holdings in Fair Isaac Co. (NYSE:FICO - Free Report) by 55.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 653 shares of the technology company's stock after selling 817 shares during the period. TD Private Client Wealth LLC's holdings in Fair Isaac were worth $1,300,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. State Street Corp lifted its stake in Fair Isaac by 0.5% in the 3rd quarter. State Street Corp now owns 1,045,165 shares of the technology company's stock valued at $2,031,299,000 after buying an additional 5,472 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in shares of Fair Isaac by 1.1% during the third quarter. JPMorgan Chase & Co. now owns 673,242 shares of the technology company's stock valued at $1,308,460,000 after acquiring an additional 7,466 shares during the last quarter. Geode Capital Management LLC lifted its position in shares of Fair Isaac by 1.0% in the third quarter. Geode Capital Management LLC now owns 645,379 shares of the technology company's stock valued at $1,251,537,000 after acquiring an additional 6,510 shares in the last quarter. Principal Financial Group Inc. boosted its stake in shares of Fair Isaac by 0.5% in the third quarter. Principal Financial Group Inc. now owns 372,582 shares of the technology company's stock worth $724,122,000 after acquiring an additional 1,977 shares during the last quarter. Finally, Jennison Associates LLC increased its position in shares of Fair Isaac by 5.4% during the fourth quarter. Jennison Associates LLC now owns 254,282 shares of the technology company's stock worth $506,257,000 after purchasing an additional 13,133 shares in the last quarter. 85.75% of the stock is currently owned by hedge funds and other institutional investors.

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Insiders Place Their Bets

In related news, CEO William J. Lansing sold 4,092 shares of the stock in a transaction that occurred on Tuesday, March 11th. The shares were sold at an average price of $1,727.69, for a total transaction of $7,069,707.48. Following the completion of the transaction, the chief executive officer now owns 42,138 shares of the company's stock, valued at approximately $72,801,401.22. This trade represents a 8.85 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Steven P. Weber sold 139 shares of the business's 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 value of $273,054.38. Following the completion of 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 sold a total of 10,241 shares of company stock valued at $18,186,184 over the last 90 days. 3.46% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on the company. Royal Bank of Canada upgraded Fair Isaac from a "sector perform" rating to an "outperform" rating and raised their price objective for the company from $2,040.00 to $2,170.00 in a report on Wednesday, February 26th. Robert W. Baird decreased their price target on shares of Fair Isaac from $1,975.00 to $1,775.00 and set a "neutral" rating on the stock in a research note on Wednesday, February 5th. Oppenheimer dropped their price objective on shares of Fair Isaac from $2,515.00 to $2,409.00 and set an "outperform" rating for the company in a research note on Tuesday, January 7th. The Goldman Sachs Group raised their target price on shares of Fair Isaac from $2,374.00 to $2,661.00 and gave the stock a "buy" rating in a research note on Thursday, December 5th. Finally, Needham & Company LLC restated a "buy" rating and set a $2,500.00 target price on shares of Fair Isaac in a report on Wednesday, February 5th. Four investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $2,088.15.

Fair Isaac Price Performance

FICO traded down $14.66 during trading hours on Thursday, reaching $1,872.34. The company's stock had a trading volume of 88,845 shares, compared to its average volume of 171,697. The stock has a market cap of $45.72 billion, a PE ratio of 85.93, a P/E/G ratio of 3.27 and a beta of 1.41. Fair Isaac Co. has a fifty-two week low of $1,105.65 and a fifty-two week high of $2,402.52. The business's 50-day moving average is $1,831.78 and its 200-day moving average is $1,989.83.

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

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.