Fair Isaac Co. (NYSE:FICO) Shares Sold by Sanctuary Advisors LLC

Sanctuary Advisors LLC lowered its position in shares of Fair Isaac Co. (NYSE:FICO) by 34.1% in the fourth quarter, Holdings Channel reports. The firm owned 4,775 shares of the technology company’s stock after selling 2,468 shares during the period. Sanctuary Advisors LLC’s holdings in Fair Isaac were worth $8,911,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. J.W. Cole Advisors Inc. boosted its holdings in Fair Isaac by 15.9% in the 4th quarter. J.W. Cole Advisors Inc. now owns 364 shares of the technology company’s stock worth $725,000 after acquiring an additional 50 shares during the period. Principal Securities Inc. boosted its holdings in Fair Isaac by 2.5% in the 4th quarter. Principal Securities Inc. now owns 363 shares of the technology company’s stock worth $723,000 after acquiring an additional 9 shares during the period. AustralianSuper Pty Ltd boosted its holdings in Fair Isaac by 40.4% in the 4th quarter. AustralianSuper Pty Ltd now owns 102,858 shares of the technology company’s stock worth $204,783,000 after acquiring an additional 29,582 shares during the period. Vontobel Holding Ltd. boosted its holdings in Fair Isaac by 1.7% in the 4th quarter. Vontobel Holding Ltd. now owns 737 shares of the technology company’s stock worth $1,467,000 after acquiring an additional 12 shares during the period. Finally, Soltis Investment Advisors LLC purchased a new position in Fair Isaac in the 4th quarter worth approximately $2,449,000. Hedge funds and other institutional investors own 85.75% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have weighed in on FICO shares. JPMorgan Chase & Co. started coverage on Fair Isaac in a report on Friday, December 20th. They issued a “neutral” rating and a $2,150.00 price target for the company. Barclays increased their target price on Fair Isaac from $2,150.00 to $2,350.00 and gave the company an “overweight” rating in a research note on Thursday, November 7th. Needham & Company LLC reiterated a “buy” rating and set a $2,500.00 target price on shares of Fair Isaac in a research note on Wednesday, February 5th. Royal Bank of Canada reiterated a “sector perform” rating and set a $2,040.00 target price on shares of Fair Isaac in a research note on Thursday, November 7th. Finally, Oppenheimer reduced their target price on 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 analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $2,078.15.

Insider Activity at Fair Isaac

In related news, CFO Steven P. Weber sold 139 shares of Fair Isaac stock in a transaction dated 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 transaction, the chief financial officer now owns 2,478 shares of the company’s stock, valued at approximately $4,867,832.76. This trade represents a 5.31 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO William J. Lansing sold 6,010 shares of Fair Isaac stock in a transaction dated Tuesday, February 11th. The stock was sold at an average price of $1,804.23, for a total value of $10,843,422.30. Following the completion of the transaction, the chief executive officer now directly owns 42,138 shares in the company, valued at $76,026,643.74. This represents a 12.48 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 16,670 shares of company stock valued at $35,253,683 over the last 90 days. 3.46% of the stock is currently owned by corporate insiders.

Fair Isaac Stock Performance

Shares of FICO opened at $1,791.49 on Wednesday. The firm has a market capitalization of $43.75 billion, a price-to-earnings ratio of 82.22, a price-to-earnings-growth ratio of 3.61 and a beta of 1.39. Fair Isaac Co. has a one year low of $1,105.65 and a one year high of $2,402.51. The stock’s fifty day moving average is $1,946.76 and its 200-day moving average is $1,974.84.

Fair Isaac (NYSE:FICO) last announced its earnings results 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%. Analysts forecast that Fair Isaac Co. will post 23.91 EPS for the current fiscal year.

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.