Sanctuary Advisors LLC Sells 2,468 Shares of Fair Isaac Co. (NYSE:FICO)

Sanctuary Advisors LLC lessened its holdings in Fair Isaac Co. (NYSE:FICO - Free Report) by 34.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,775 shares of the technology company's stock after selling 2,468 shares during the period. Sanctuary Advisors LLC's holdings in Fair Isaac were worth $8,911,000 at the end of the most recent quarter.

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

Analyst Upgrades and Downgrades

A number of brokerages recently commented on FICO. Jefferies Financial Group dropped their price target on shares of Fair Isaac from $2,275.00 to $2,175.00 and set a "buy" rating on the stock in a research note on Wednesday, February 5th. Wells Fargo & Company lowered their target price on shares of Fair Isaac from $2,650.00 to $2,600.00 and set an "overweight" rating on the stock in a research note on Wednesday, February 5th. Needham & Company LLC reiterated a "buy" rating and issued a $2,500.00 target price on shares of Fair Isaac in a research note on Wednesday, February 5th. The Goldman Sachs Group increased 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, Royal Bank of Canada reiterated a "sector perform" rating and issued a $2,040.00 target price on shares of Fair Isaac in a research note on Thursday, November 7th. Five equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $2,078.15.

Fair Isaac Stock Performance

Shares of FICO stock traded down $28.50 on Friday, hitting $1,697.04. 157,613 shares of the company's stock traded hands, compared to its average volume of 223,912. Fair Isaac Co. has a one year low of $1,105.65 and a one year high of $2,402.51. The company's fifty day simple moving average is $1,928.65 and its 200 day simple moving average is $1,971.56. The stock has a market capitalization of $41.44 billion, a price-to-earnings ratio of 77.88, a P/E/G ratio of 3.33 and a beta of 1.39.

Fair Isaac (NYSE:FICO - Get Free Report) last released its 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%. As a group, sell-side analysts anticipate that Fair Isaac Co. will post 24.15 earnings per share for the current fiscal year.

Insider Activity at Fair Isaac

In other Fair Isaac news, EVP James M. Wehmann sold 3,500 shares of the firm's stock in a transaction on Thursday, December 5th. The shares were sold at an average price of $2,373.85, for a total value of $8,308,475.00. Following the sale, the executive vice president now owns 45,395 shares of the company's stock, valued at $107,760,920.75. This trade represents a 7.16 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Marc F. Mcmorris sold 520 shares of the firm's stock in a transaction on Tuesday, December 17th. The stock was sold at an average price of $2,152.57, for a total transaction of $1,119,336.40. Following the completion of the sale, the director now directly owns 242 shares in the company, valued at approximately $520,921.94. This trade represents a 68.24 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 13,170 shares of company stock valued at $27,132,248. Insiders own 3.46% of the company's stock.

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.