LVW Advisors LLC Trims Stock Position in Fair Isaac Co. (NYSE:FICO)

LVW Advisors LLC trimmed its holdings in shares of Fair Isaac Co. (NYSE:FICO) by 55.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 243 shares of the technology company’s stock after selling 299 shares during the period. LVW Advisors LLC’s holdings in Fair Isaac were worth $484,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of FICO. Mercer Global Advisors Inc. ADV lifted its holdings in shares of Fair Isaac by 5.8% during the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 779 shares of the technology company’s stock worth $1,159,000 after acquiring an additional 43 shares during the period. Summit Trail Advisors LLC purchased a new position in Fair Isaac during the second quarter worth approximately $284,000. Profund Advisors LLC increased its stake in Fair Isaac by 6.1% during the second quarter. Profund Advisors LLC now owns 524 shares of the technology company’s stock worth $780,000 after acquiring an additional 30 shares during the last quarter. ProShare Advisors LLC raised its holdings in shares of Fair Isaac by 6.8% in the 2nd quarter. ProShare Advisors LLC now owns 4,540 shares of the technology company’s stock worth $6,759,000 after purchasing an additional 288 shares during the period. Finally, Fidelis Capital Partners LLC increased its holdings in Fair Isaac by 5.3% in the 2nd quarter. Fidelis Capital Partners LLC now owns 276 shares of the technology company’s stock valued at $411,000 after purchasing an additional 14 shares in the last quarter. 85.75% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Fair Isaac

In other news, EVP Thomas A. Bowers sold 2,680 shares of the firm’s stock in a transaction dated Monday, November 11th. The shares were sold at an average price of $2,338.21, for a total transaction of $6,266,402.80. Following the completion of the transaction, the executive vice president now owns 5,769 shares in the company, valued at approximately $13,489,133.49. This trade represents a 31.72 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, CFO Steven P. Weber sold 139 shares of the business’s stock in a transaction that occurred on Thursday, January 9th. The stock was 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 in the company, valued at $4,867,832.76. The trade was a 5.31 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 13,589 shares of company stock valued at $31,258,963. 3.54% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on the company. Needham & Company LLC lifted their price objective on Fair Isaac from $1,850.00 to $2,500.00 and gave the stock a “buy” rating in a report on Thursday, November 7th. Jefferies Financial Group raised their price target on shares of Fair Isaac from $2,250.00 to $2,275.00 and gave the stock a “buy” rating in a research report on Wednesday, January 15th. Oppenheimer decreased their price target on shares of Fair Isaac from $2,515.00 to $2,409.00 and set an “outperform” rating for the company in a report on Tuesday, January 7th. Barclays raised their target price on shares of Fair Isaac from $2,150.00 to $2,350.00 and gave the stock an “overweight” rating in a report on Thursday, November 7th. Finally, The Goldman Sachs Group increased their price target on 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. Five investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $2,087.77.

Fair Isaac Trading Down 3.7 %

FICO stock opened at $1,897.10 on Tuesday. The firm’s 50-day moving average is $2,152.86 and its two-hundred day moving average is $1,937.65. The company has a market capitalization of $46.19 billion, a price-to-earnings ratio of 92.77, a price-to-earnings-growth ratio of 3.55 and a beta of 1.40. Fair Isaac Co. has a 52 week low of $1,105.65 and a 52 week high of $2,402.51.

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.