Fair Isaac Co. (NYSE:FICO) Shares Sold by Mariner LLC

Mariner LLC reduced its stake in Fair Isaac Co. (NYSE:FICO - Free Report) by 8.3% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 6,634 shares of the technology company's stock after selling 604 shares during the quarter. Mariner LLC's holdings in Fair Isaac were worth $13,208,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of FICO. Mechanics Bank Trust Department lifted its stake in Fair Isaac by 5.7% during the 4th quarter. Mechanics Bank Trust Department now owns 112 shares of the technology company's stock valued at $223,000 after acquiring an additional 6 shares during the period. Alpha Cubed Investments LLC lifted its position in Fair Isaac by 1.3% during 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 period. Resonant Capital Advisors LLC boosted its holdings 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. Mather Group LLC. grew its position in Fair Isaac by 5.2% during the 4th quarter. Mather Group LLC. now owns 122 shares of the technology company's stock worth $243,000 after purchasing an additional 6 shares during the period. Finally, D.A. Davidson & CO. raised its stake in shares of Fair Isaac by 1.0% during the 4th quarter. D.A. Davidson & CO. now owns 621 shares of the technology company's stock valued at $1,236,000 after buying an additional 6 shares during the last quarter. 85.75% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, CEO William J. Lansing sold 4,092 shares of the company's stock in a transaction dated Tuesday, March 11th. The shares were sold at an average price of $1,727.69, for a total value of $7,069,707.48. Following the completion of the sale, the chief executive officer now owns 42,138 shares of the company's stock, valued at approximately $72,801,401.22. This represents a 8.85 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Insiders sold 13,058 shares of company stock worth $23,119,030 over the last ninety days. Corporate insiders own 3.46% of the company's stock.

Fair Isaac Price Performance

NYSE FICO traded up $90.79 during mid-day trading on Wednesday, hitting $1,963.69. The stock had a trading volume of 43,976 shares, compared to its average volume of 180,020. Fair Isaac Co. has a twelve month low of $1,105.65 and a twelve month high of $2,402.52. The firm's 50 day moving average is $1,823.87 and its 200 day moving average is $1,980.17. The stock has a market capitalization of $47.95 billion, a price-to-earnings ratio of 90.12, a PEG ratio of 3.27 and a beta of 1.37.

Fair Isaac (NYSE:FICO - Get Free Report) last posted its quarterly 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%. As a group, equities research analysts expect that Fair Isaac Co. will post 24.15 earnings per share for the current year.

Analyst Ratings Changes

FICO has been the topic of several analyst reports. Robert W. Baird dropped their target price on Fair Isaac from $1,975.00 to $1,775.00 and set a "neutral" rating on the stock in a report on Wednesday, February 5th. Royal Bank of Canada raised shares of Fair Isaac from a "sector perform" rating to an "outperform" rating and raised their price objective for the stock from $2,040.00 to $2,170.00 in a research note on Wednesday, February 26th. Jefferies Financial Group decreased their target price on shares of Fair Isaac from $2,275.00 to $2,175.00 and set a "buy" rating for the company in a research note on Wednesday, February 5th. Barclays dropped their price target on shares of Fair Isaac from $2,350.00 to $2,250.00 and set an "overweight" rating on the stock in a research report on Friday, April 4th. Finally, Needham & Company LLC reiterated a "buy" rating and issued a $2,500.00 price objective on shares of Fair Isaac in a research report on Friday, April 11th. Three equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company's stock. According to MarketBeat.com, Fair Isaac has an average rating of "Moderate Buy" and an average target price of $2,210.23.

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.