Fair Isaac Co. (NYSE:FICO) Stock Holdings Cut by Avantax Advisory Services Inc.

Avantax Advisory Services Inc. trimmed its stake in Fair Isaac Co. (NYSE:FICO - Free Report) by 32.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 922 shares of the technology company's stock after selling 435 shares during the quarter. Avantax Advisory Services Inc.'s holdings in Fair Isaac were worth $1,836,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in the stock. Meeder Asset Management Inc. raised its holdings in shares of Fair Isaac by 37.5% in the third quarter. Meeder Asset Management Inc. now owns 22 shares of the technology company's stock worth $43,000 after acquiring an additional 6 shares during the last quarter. Mechanics Bank Trust Department increased its stake in Fair Isaac by 5.7% in the fourth quarter. Mechanics Bank Trust Department now owns 112 shares of the technology company's stock valued at $223,000 after purchasing an additional 6 shares during the last quarter. Alpha Cubed Investments LLC increased its stake in Fair Isaac by 1.3% in the fourth quarter. Alpha Cubed Investments LLC now owns 473 shares of the technology company's stock valued at $942,000 after purchasing an additional 6 shares during the last quarter. Resonant Capital Advisors LLC increased its stake in Fair Isaac by 2.0% in the fourth quarter. Resonant Capital Advisors LLC now owns 306 shares of the technology company's stock valued at $609,000 after purchasing an additional 6 shares during the last quarter. Finally, Mather Group LLC. increased its stake in Fair Isaac by 5.2% in the fourth quarter. Mather Group LLC. now owns 122 shares of the technology company's stock valued at $243,000 after purchasing an additional 6 shares during the last quarter. 85.75% of the stock is owned by institutional investors and hedge funds.

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Fair Isaac Stock Performance

Shares of NYSE:FICO traded up $4.02 during trading on Friday, hitting $1,857.48. The company's stock had a trading volume of 215,169 shares, compared to its average volume of 216,641. Fair Isaac Co. has a fifty-two week low of $1,105.65 and a fifty-two week high of $2,402.51. The stock's 50-day moving average price is $1,836.39 and its two-hundred day moving average price is $1,983.62. The company has a market capitalization of $45.36 billion, a PE ratio of 85.24, a PEG ratio of 3.27 and a beta of 1.41.

Fair Isaac (NYSE:FICO - Get Free Report) last announced 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 net margin of 30.66% and a negative return on equity of 53.40%. On average, equities analysts predict that Fair Isaac Co. will post 24.15 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities analysts recently commented on FICO shares. Wells Fargo & Company dropped their target price on 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. Jefferies Financial Group lowered their price target on 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. The Goldman Sachs Group boosted their price target on Fair Isaac from $2,374.00 to $2,661.00 and gave the company a "buy" rating in a research report on Thursday, December 5th. Robert W. Baird lowered 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. Finally, Royal Bank of Canada raised Fair Isaac from a "sector perform" rating to an "outperform" rating and upped their target price for the stock from $2,040.00 to $2,170.00 in a research report on Wednesday, February 26th. Four investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $2,088.15.

Insider Transactions at Fair Isaac

In related news, CFO Steven P. Weber sold 139 shares of the stock in a transaction that occurred on Thursday, January 9th. The stock was sold at an average price of $1,964.42, for a total value of $273,054.38. Following the completion of the transaction, the chief financial officer now directly owns 2,478 shares of the company's stock, valued at $4,867,832.76. This represents a 5.31 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO William J. Lansing sold 6,010 shares of the stock in a transaction that occurred on 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 completion of the transaction, the chief executive officer now directly owns 42,138 shares of the company's stock, valued at $76,026,643.74. This trade represents a 12.48 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 10,241 shares of company stock worth $18,186,184. 3.46% of the stock is currently owned by company insiders.

Fair Isaac Company 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.