Whittier Trust Co. Boosts Position in Fair Isaac Co. (NYSE:FICO)

Whittier Trust Co. increased its holdings in Fair Isaac Co. (NYSE:FICO - Free Report) by 3.1% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 13,456 shares of the technology company's stock after buying an additional 404 shares during the period. Whittier Trust Co. owned about 0.06% of Fair Isaac worth $26,790,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also bought and sold shares of FICO. Rakuten Securities Inc. raised its stake in shares of Fair Isaac by 160.0% during the 4th quarter. Rakuten Securities Inc. now owns 13 shares of the technology company's stock worth $26,000 after acquiring an additional 8 shares in the last quarter. True Wealth Design LLC increased its position in shares of Fair Isaac by 900.0% during the third quarter. True Wealth Design LLC now owns 20 shares of the technology company's stock worth $39,000 after purchasing an additional 18 shares in the last quarter. Berbice Capital Management LLC acquired a new position in shares of Fair Isaac during the fourth quarter worth $40,000. Avalon Trust Co acquired a new stake in shares of Fair Isaac in the 4th quarter worth $40,000. Finally, Meeder Asset Management Inc. boosted its position in shares of Fair Isaac by 37.5% in the 3rd quarter. Meeder Asset Management Inc. now owns 22 shares of the technology company's stock worth $43,000 after purchasing an additional 6 shares in the last quarter. Institutional investors own 85.75% of the company's stock.

Fair Isaac Stock Up 2.6 %

Shares of Fair Isaac stock traded up $47.47 on Monday, reaching $1,900.76. The company's stock had a trading volume of 166,030 shares, compared to its average volume of 172,016. Fair Isaac Co. has a 52-week low of $1,105.65 and a 52-week high of $2,402.52. The company has a market capitalization of $46.41 billion, a P/E ratio of 87.23, a PEG ratio of 3.27 and a beta of 1.41. The stock has a 50-day moving average price of $1,835.05 and a 200-day moving average price of $1,989.24.

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Fair Isaac (NYSE:FICO - Get Free Report) last posted its quarterly earnings data 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%. Sell-side analysts forecast that Fair Isaac Co. will post 24.15 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

FICO has been the subject of a number of research analyst reports. Royal Bank of Canada upgraded Fair Isaac from a "sector perform" rating to an "outperform" rating and increased their price target for the company from $2,040.00 to $2,170.00 in a research note on Wednesday, February 26th. UBS Group decreased their price objective on shares of Fair Isaac from $2,250.00 to $2,100.00 and set a "neutral" rating for the company in a research report on Monday, January 27th. 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. Jefferies Financial Group decreased 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 report on Wednesday, February 5th. Finally, Oppenheimer dropped their price objective on shares of Fair Isaac from $2,515.00 to $2,409.00 and set an "outperform" rating on the stock in a report on Tuesday, January 7th. Four analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $2,088.15.

Insider Activity at Fair Isaac

In other news, CEO William J. Lansing sold 4,092 shares of the firm'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 transaction, the chief executive officer now directly owns 42,138 shares of the company's stock, valued at approximately $72,801,401.22. This trade represents a 8.85 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, CFO Steven P. Weber sold 139 shares of the company's 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 sale, the chief financial officer now directly 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 three months, insiders have sold 10,241 shares of company stock valued at $18,186,184. 3.46% of the stock is owned by corporate insiders.

About Fair Isaac

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.