Burns Matteson Capital Management LLC Has $717,000 Holdings in Fair Isaac Co. (NYSE:FICO)

Burns Matteson Capital Management LLC trimmed its stake in shares of Fair Isaac Co. (NYSE:FICO) by 20.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 360 shares of the technology company’s stock after selling 90 shares during the period. Burns Matteson Capital Management LLC’s holdings in Fair Isaac were worth $717,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the stock. Capital Performance Advisors LLP bought a new position in shares of Fair Isaac during the 3rd quarter worth approximately $25,000. True Wealth Design LLC boosted its holdings in 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 during the last quarter. Berbice Capital Management LLC bought a new position in Fair Isaac in the fourth quarter valued at $40,000. Meeder Asset Management Inc. increased its stake in Fair Isaac by 37.5% in the 3rd quarter. Meeder Asset Management Inc. now owns 22 shares of the technology company’s stock valued at $43,000 after buying an additional 6 shares during the last quarter. Finally, Versant Capital Management Inc lifted its position in Fair Isaac by 500.0% during the 4th quarter. Versant Capital Management Inc now owns 24 shares of the technology company’s stock worth $48,000 after buying an additional 20 shares in the last quarter. 85.75% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on the company. Wells Fargo & Company decreased their price objective on Fair Isaac from $2,650.00 to $2,600.00 and set an “overweight” rating for the company in a report on Wednesday, February 5th. Barclays boosted their price target on Fair Isaac from $2,150.00 to $2,350.00 and gave the stock an “overweight” rating in a research report on Thursday, November 7th. Jefferies Financial Group cut their price objective on 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. The Goldman Sachs Group boosted 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 report on Thursday, December 5th. Finally, Oppenheimer cut 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 research note on Tuesday, January 7th. Five equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $2,078.15.

Fair Isaac Stock Down 1.5 %

Shares of FICO stock opened at $1,858.97 on Monday. Fair Isaac Co. has a 12-month low of $1,105.65 and a 12-month high of $2,402.51. The firm has a 50 day moving average price of $2,018.44 and a two-hundred day moving average price of $1,964.49. The company has a market capitalization of $45.40 billion, a PE ratio of 85.31, a price-to-earnings-growth ratio of 3.61 and a beta of 1.39.

Fair Isaac (NYSE:FICO) last released its quarterly earnings results on Tuesday, February 4th. The technology company reported $4.15 earnings per share (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, research analysts expect that Fair Isaac Co. will post 23.91 EPS for the current year.

Insider Activity at Fair Isaac

In other news, EVP James M. Wehmann sold 3,500 shares of the stock in a transaction on Thursday, November 21st. The stock was sold at an average price of $2,320.41, for a total transaction of $8,121,435.00. Following the sale, the executive vice president now directly owns 48,895 shares of the company’s stock, valued at approximately $113,456,446.95. This represents a 6.68 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Steven P. Weber sold 139 shares of the firm’s stock in a transaction on Thursday, January 9th. The stock was sold at an average price of $1,964.42, for a total value of $273,054.38. Following the completion of the transaction, 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 position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 10,660 shares of company stock worth $24,410,261. Corporate insiders own 3.46% of the company’s stock.

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.