GHP Investment Advisors Inc. Sells 5,876 Shares of Fair Isaac Co. (NYSE:FICO)

GHP Investment Advisors Inc. decreased its holdings in shares of Fair Isaac Co. (NYSE:FICO - Free Report) by 39.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 8,937 shares of the technology company's stock after selling 5,876 shares during the quarter. Fair Isaac accounts for approximately 0.8% of GHP Investment Advisors Inc.'s investment portfolio, making the stock its 24th largest position. GHP Investment Advisors Inc.'s holdings in Fair Isaac were worth $17,793,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently made changes to their positions in FICO. State Street Corp boosted its holdings in shares of Fair Isaac by 0.5% during the 3rd quarter. State Street Corp now owns 1,045,165 shares of the technology company's stock worth $2,031,299,000 after buying an additional 5,472 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in Fair Isaac by 1.1% during the third quarter. JPMorgan Chase & Co. now owns 673,242 shares of the technology company's stock worth $1,308,460,000 after acquiring an additional 7,466 shares in the last quarter. Geode Capital Management LLC boosted its stake in Fair Isaac by 1.0% during the third quarter. Geode Capital Management LLC now owns 645,379 shares of the technology company's stock worth $1,251,537,000 after acquiring an additional 6,510 shares in the last quarter. International Assets Investment Management LLC grew its holdings in Fair Isaac by 189,461.6% in the third quarter. International Assets Investment Management LLC now owns 538,355 shares of the technology company's stock worth $1,046,304,000 after purchasing an additional 538,071 shares during the period. Finally, Principal Financial Group Inc. increased its stake in Fair Isaac by 0.5% in the third quarter. Principal Financial Group Inc. now owns 372,582 shares of the technology company's stock valued at $724,122,000 after purchasing an additional 1,977 shares in the last quarter. Institutional investors own 85.75% of the company's stock.

Insider Buying and Selling at Fair Isaac

In related news, CFO Steven P. Weber sold 139 shares of Fair Isaac stock in a transaction on 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 completion of the sale, the chief financial officer now owns 2,478 shares of the company's stock, valued at approximately $4,867,832.76. This trade represents a 5.31 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP James M. Wehmann sold 3,500 shares of the company's stock in a transaction that occurred on Thursday, November 21st. The stock was sold at an average price of $2,320.41, for a total transaction of $8,121,435.00. Following the completion of the transaction, the executive vice president now owns 48,895 shares in the company, valued at approximately $113,456,446.95. This trade represents a 6.68 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 10,660 shares of company stock valued at $24,410,261 in the last 90 days. 3.46% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on the company. Jefferies Financial Group reduced 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. Needham & Company LLC reissued a "buy" rating and set a $2,500.00 target price on shares of Fair Isaac in a research report on Wednesday, February 5th. Royal Bank of Canada restated a "sector perform" rating and issued a $2,040.00 target price on shares of Fair Isaac in a report on Thursday, November 7th. Wells Fargo & Company decreased their price objective on Fair Isaac from $2,650.00 to $2,600.00 and set an "overweight" rating for the company in a report on Wednesday, February 5th. Finally, The Goldman Sachs Group raised their target price on Fair Isaac from $2,374.00 to $2,661.00 and gave the company a "buy" rating in a report on Thursday, December 5th. Five research analysts have rated the stock with a hold rating and eight have given a buy rating to the company's stock. According to data from MarketBeat.com, Fair Isaac has a consensus rating of "Moderate Buy" and an average price target of $2,078.15.

Fair Isaac Price Performance

Shares of NYSE FICO traded down $3.33 during trading on Monday, reaching $1,855.53. 210,500 shares of the stock traded hands, compared to its average volume of 240,789. The company has a 50-day moving average of $2,018.44 and a 200-day moving average of $1,964.49. Fair Isaac Co. has a 52-week low of $1,105.65 and a 52-week high of $2,402.51. The stock has a market capitalization of $45.31 billion, a P/E ratio of 85.16, a price-to-earnings-growth ratio of 3.61 and a beta of 1.39.

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 negative return on equity of 53.40% and a net margin of 30.66%. Analysts expect that Fair Isaac Co. will post 23.91 earnings per share for the current fiscal year.

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.