Winslow Capital Management LLC Trims Stock Position in Fair Isaac Co. (NYSE:FICO)

Winslow Capital Management LLC cut its holdings in Fair Isaac Co. (NYSE:FICO - Free Report) by 38.9% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 159,664 shares of the technology company's stock after selling 101,496 shares during the quarter. Winslow Capital Management LLC owned 0.65% of Fair Isaac worth $317,880,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of FICO. Mechanics Bank Trust Department grew its holdings in Fair Isaac by 5.7% in the fourth quarter. Mechanics Bank Trust Department now owns 112 shares of the technology company's stock worth $223,000 after purchasing an additional 6 shares during the period. Alpha Cubed Investments LLC increased its position in Fair Isaac by 1.3% in the 4th quarter. Alpha Cubed Investments LLC now owns 473 shares of the technology company's stock valued at $942,000 after buying an additional 6 shares in the last quarter. Resonant Capital Advisors LLC raised its stake in Fair Isaac by 2.0% during the 4th quarter. Resonant Capital Advisors LLC now owns 306 shares of the technology company's stock worth $609,000 after buying an additional 6 shares during the period. Mather Group LLC. boosted its holdings in Fair Isaac by 5.2% in the fourth quarter. Mather Group LLC. now owns 122 shares of the technology company's stock worth $243,000 after acquiring an additional 6 shares in the last quarter. Finally, D.A. Davidson & CO. grew its stake in Fair Isaac by 1.0% in the fourth quarter. D.A. Davidson & CO. now owns 621 shares of the technology company's stock valued at $1,236,000 after acquiring an additional 6 shares during the period. 85.75% of the stock is currently owned by institutional investors.

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Fair Isaac Stock Up 0.4 %

Shares of FICO stock traded up $7.76 during trading on Monday, hitting $1,896.21. The company had a trading volume of 41,809 shares, compared to its average volume of 180,488. The stock's 50-day moving average is $1,814.70 and its two-hundred day moving average is $1,982.11. The stock has a market capitalization of $46.30 billion, a price-to-earnings ratio of 87.02, a price-to-earnings-growth ratio of 3.27 and a beta of 1.37. 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 posted its quarterly earnings data on Tuesday, February 4th. The technology company reported $4.15 earnings per share 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%. On average, research analysts predict that Fair Isaac Co. will post 24.15 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on FICO shares. UBS Group cut their target price on 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 raised Fair Isaac from a "sector perform" rating to an "outperform" rating and boosted their price objective for the stock from $2,040.00 to $2,170.00 in a report on Wednesday, February 26th. Jefferies Financial Group cut their target price on Fair Isaac from $2,275.00 to $2,175.00 and set a "buy" rating on the stock in a research report on Wednesday, February 5th. Wells Fargo & Company dropped their price objective on 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. Finally, JPMorgan Chase & Co. initiated coverage on shares of Fair Isaac in a research note on Friday, December 20th. They issued a "neutral" rating and a $2,150.00 target price for the company. Four research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. According to MarketBeat.com, Fair Isaac presently has a consensus rating of "Moderate Buy" and a consensus price target of $2,131.86.

Insider Activity at Fair Isaac

In other news, CEO William J. Lansing sold 4,092 shares of the firm's stock in a transaction that occurred 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 transaction, the chief executive officer now owns 42,138 shares in the company, valued at approximately $72,801,401.22. This trade represents a 8.85 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. In the last three months, insiders have sold 13,058 shares of company stock valued at $23,119,030. Corporate 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.