Settian Capital LP Decreases Stock Holdings in Fair Isaac Co. (NYSE:FICO)

Settian Capital LP lowered its position in shares of Fair Isaac Co. (NYSE:FICO - Free Report) by 45.0% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,100 shares of the technology company's stock after selling 900 shares during the period. Fair Isaac comprises about 1.6% of Settian Capital LP's portfolio, making the stock its 17th biggest position. Settian Capital LP's holdings in Fair Isaac were worth $2,190,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Meeder Asset Management Inc. lifted its holdings in shares of Fair Isaac by 37.5% during the third quarter. Meeder Asset Management Inc. now owns 22 shares of the technology company's stock worth $43,000 after purchasing an additional 6 shares during the period. Mechanics Bank Trust Department lifted its holdings in Fair Isaac by 5.7% during the 4th quarter. Mechanics Bank Trust Department now owns 112 shares of the technology company's stock worth $223,000 after buying an additional 6 shares during the period. Alpha Cubed Investments LLC lifted its holdings in Fair Isaac by 1.3% during the 4th quarter. Alpha Cubed Investments LLC now owns 473 shares of the technology company's stock worth $942,000 after buying an additional 6 shares during the period. Resonant Capital Advisors LLC grew its position in shares of Fair Isaac by 2.0% in the 4th quarter. Resonant Capital Advisors LLC now owns 306 shares of the technology company's stock valued at $609,000 after buying an additional 6 shares during the last quarter. Finally, Mather Group LLC. increased its stake in shares of 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 buying an additional 6 shares during the period. Institutional investors and hedge funds own 85.75% of the company's stock.

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Insider Activity at Fair Isaac

In other news, CEO William J. Lansing sold 4,092 shares of the company's stock in a transaction on 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 in the company, valued at $72,801,401.22. This represents a 8.85 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CFO Steven P. Weber sold 139 shares of the stock in a transaction dated Thursday, January 9th. The shares were 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 represents a 5.31 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 10,241 shares of company stock valued at $18,186,184. 3.46% of the stock is owned by corporate insiders.

Fair Isaac Stock Performance

Shares of NYSE FICO traded up $47.47 during midday trading on Monday, hitting $1,900.76. 166,030 shares of the stock traded hands, compared to its average volume of 172,016. Fair Isaac Co. has a one year low of $1,105.65 and a one year high of $2,402.52. The business has a 50 day moving average price of $1,835.05 and a two-hundred day moving average price of $1,989.24. The company has a market cap of $46.41 billion, a PE ratio of 87.23, a P/E/G ratio of 3.27 and a beta of 1.41.

Fair Isaac (NYSE:FICO - Get Free Report) last announced its quarterly earnings results on Tuesday, February 4th. The technology company reported $4.15 EPS 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, equities research analysts forecast that Fair Isaac Co. will post 24.15 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of research firms recently commented on FICO. Royal Bank of Canada raised Fair Isaac from a "sector perform" rating to an "outperform" rating and lifted their price objective for the stock from $2,040.00 to $2,170.00 in a research note on Wednesday, February 26th. The Goldman Sachs Group boosted their price target on shares of Fair Isaac from $2,374.00 to $2,661.00 and gave the stock a "buy" rating in a research report on Thursday, December 5th. Oppenheimer lowered their target price on shares of Fair Isaac from $2,515.00 to $2,409.00 and set an "outperform" rating for the company in a research note on Tuesday, January 7th. JPMorgan Chase & Co. began coverage on shares of Fair Isaac in a research report on Friday, December 20th. They set a "neutral" rating and a $2,150.00 price target on the stock. Finally, Robert W. Baird decreased their price target on Fair Isaac from $1,975.00 to $1,775.00 and set a "neutral" rating for the company in a report on Wednesday, February 5th. Four investment analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $2,088.15.

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.