Fair Isaac Co. (NYSE:FICO) Shares Sold by Cypress Capital Group

Cypress Capital Group cut its stake in Fair Isaac Co. (NYSE:FICO) by 22.4% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 441 shares of the technology company’s stock after selling 127 shares during the period. Cypress Capital Group’s holdings in Fair Isaac were worth $878,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the stock. First National Bank of Omaha acquired a new position in Fair Isaac during the third quarter valued at approximately $1,576,000. National Bank of Canada FI lifted its position in Fair Isaac by 51.9% during the third quarter. National Bank of Canada FI now owns 19,817 shares of the technology company’s stock valued at $38,514,000 after buying an additional 6,768 shares in the last quarter. Donoghue Forlines LLC acquired a new position in Fair Isaac during the fourth quarter valued at approximately $1,935,000. BNP Paribas acquired a new position in Fair Isaac during the third quarter valued at approximately $445,000. Finally, Czech National Bank raised its stake in shares of Fair Isaac by 5.7% during the fourth quarter. Czech National Bank now owns 5,280 shares of the technology company’s stock valued at $10,512,000 after purchasing an additional 286 shares during the period. 85.75% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

FICO has been the topic of a number of analyst reports. 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 research note on Tuesday, January 7th. Wells Fargo & Company dropped their price objective on shares of 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. Jefferies Financial Group dropped their price objective on shares of Fair Isaac from $2,275.00 to $2,175.00 and set a “buy” rating on the stock in a research note on Wednesday, February 5th. UBS Group dropped their price objective on shares of Fair Isaac from $2,250.00 to $2,100.00 and set a “neutral” rating on the stock in a research note on Monday, January 27th. Finally, Barclays lifted their price objective on shares of 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. Four analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $2,088.15.

Fair Isaac Stock Performance

Shares of FICO opened at $1,874.14 on Thursday. Fair Isaac Co. has a 1 year low of $1,105.65 and a 1 year high of $2,402.52. The company has a market cap of $45.76 billion, a price-to-earnings ratio of 86.01, a price-to-earnings-growth ratio of 3.27 and a beta of 1.39. The firm has a fifty day moving average of $1,883.11 and a 200-day moving average of $1,981.04.

Fair Isaac (NYSE:FICO) last announced 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%. Analysts predict that Fair Isaac Co. will post 24.15 EPS for the current year.

Insider Activity

In related news, EVP James M. Wehmann sold 3,000 shares of the stock in a transaction dated Thursday, December 12th. The shares were sold at an average price of $2,195.19, for a total value of $6,585,570.00. Following the completion of the transaction, the executive vice president now owns 51,911 shares in the company, valued at $113,954,508.09. This represents a 5.46 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Marc F. Mcmorris sold 520 shares of the stock in a transaction dated Tuesday, December 17th. The shares were sold at an average price of $2,152.57, for a total transaction of $1,119,336.40. Following the completion of the transaction, the director now owns 242 shares of the company’s stock, valued at $520,921.94. This represents a 68.24 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 9,670 shares of company stock valued at $18,823,773. 3.46% of the stock is currently owned by company insiders.

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.