Guggenheim Capital LLC Sells 1,446 Shares of Fair Isaac Co. (NYSE:FICO)

Guggenheim Capital LLC lowered its position in Fair Isaac Co. (NYSE:FICO - Free Report) by 64.6% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 794 shares of the technology company's stock after selling 1,446 shares during the period. Guggenheim Capital LLC's holdings in Fair Isaac were worth $1,581,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of FICO. Rakuten Securities Inc. grew 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 period. Pinnacle Holdings LLC bought a new stake in Fair Isaac in the fourth quarter valued at $26,000. Berbice Capital Management LLC bought a new stake in Fair Isaac in the fourth quarter valued at $40,000. Avalon Trust Co acquired a new position in shares of Fair Isaac during the fourth quarter valued at about $40,000. Finally, OFI Invest Asset Management bought a new position in shares of Fair Isaac during the 4th 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 Fair Isaac stock in a transaction dated 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 completion of the transaction, the chief executive officer now owns 42,138 shares in the company, valued at $76,026,643.74. This trade represents a 12.48 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders have sold a total of 13,058 shares of company stock worth $23,119,030 over the last ninety days. 3.46% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of research analysts recently weighed in on the company. Robert W. Baird dropped their price target on 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. Needham & Company LLC reiterated a "buy" rating and set a $2,500.00 price objective on shares of Fair Isaac in a report on Friday, April 11th. UBS Group lowered their target price on shares of Fair Isaac from $2,250.00 to $2,100.00 and set a "neutral" rating on the stock in a report on Monday, January 27th. Royal Bank of Canada upgraded Fair Isaac from a "sector perform" rating to an "outperform" rating and lifted their price target for the company from $2,040.00 to $2,170.00 in a research note on Wednesday, February 26th. Finally, Barclays lowered their price objective on Fair Isaac from $2,350.00 to $2,250.00 and set an "overweight" rating for the company in a research note on Friday, April 4th. Three investment analysts have rated the stock with a hold rating and ten have given a buy rating to the company. According to data from MarketBeat, Fair Isaac currently has a consensus rating of "Moderate Buy" and an average price target of $2,210.23.

Fair Isaac Price Performance

Shares of NYSE FICO traded up $10.22 during mid-day trading on Thursday, reaching $1,936.28. 144,480 shares of the company's stock were exchanged, compared to its average volume of 180,108. The firm has a market capitalization of $47.28 billion, a price-to-earnings ratio of 88.86, a price-to-earnings-growth ratio of 3.27 and a beta of 1.37. The firm has a 50-day moving average price of $1,826.47 and a two-hundred day moving average price of $1,979.79. Fair Isaac Co. has a 52 week low of $1,105.65 and a 52 week high of $2,402.52.

Fair Isaac (NYSE:FICO - Get Free Report) last released 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%. As a group, sell-side analysts forecast that Fair Isaac Co. will post 24.15 EPS for the current fiscal 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.