Fair Isaac Co. (NYSE:FICO) Stock Holdings Lessened by Atria Wealth Solutions Inc.

Atria Wealth Solutions Inc. reduced its holdings in Fair Isaac Co. (NYSE:FICO) by 28.8% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 1,002 shares of the technology company’s stock after selling 405 shares during the quarter. Atria Wealth Solutions Inc.’s holdings in Fair Isaac were worth $1,995,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of FICO. Capital Performance Advisors LLP bought a new stake in Fair Isaac in the 3rd quarter valued at about $25,000. True Wealth Design LLC lifted its position in Fair Isaac by 900.0% in the 3rd quarter. True Wealth Design LLC now owns 20 shares of the technology company’s stock valued at $39,000 after purchasing an additional 18 shares during the last quarter. Berbice Capital Management LLC bought a new stake in Fair Isaac in the 4th quarter valued at about $40,000. Meeder Asset Management Inc. lifted its position 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 purchasing an additional 6 shares during the last quarter. Finally, Versant Capital Management Inc lifted its position in Fair Isaac by 500.0% in the 4th quarter. Versant Capital Management Inc now owns 24 shares of the technology company’s stock valued at $48,000 after purchasing an additional 20 shares during the last quarter. 85.75% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on FICO shares. Jefferies Financial Group cut 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 report on Wednesday, February 5th. The Goldman Sachs Group raised their target price on shares of Fair Isaac from $2,374.00 to $2,661.00 and gave the company a “buy” rating in a research note on Thursday, December 5th. Needham & Company LLC reissued a “buy” rating and set a $2,500.00 target price on shares of Fair Isaac in a research note on Wednesday, February 5th. Wells Fargo & Company lowered their target price 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. Finally, Barclays raised their target price 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. Five investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. According to MarketBeat, Fair Isaac presently has a consensus rating of “Moderate Buy” and an average target price of $2,078.15.

Fair Isaac Price Performance

Shares of FICO opened at $1,697.04 on Friday. The firm’s 50 day moving average is $1,919.33 and its 200-day moving average is $1,974.57. The stock has a market capitalization of $41.44 billion, a P/E ratio of 77.88, a P/E/G ratio of 3.27 and a beta of 1.39. Fair Isaac Co. has a 12-month low of $1,105.65 and a 12-month high of $2,402.51.

Fair Isaac (NYSE:FICO) last announced its quarterly earnings data 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 negative return on equity of 53.40% and a net margin of 30.66%. As a group, equities research analysts forecast that Fair Isaac Co. will post 24.15 EPS for the current fiscal year.

Insider Transactions at Fair Isaac

In other news, CFO Steven P. Weber sold 139 shares of Fair Isaac stock in a transaction that occurred on Thursday, January 9th. The shares were 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 directly owns 2,478 shares of the company’s stock, valued at $4,867,832.76. This trade represents a 5.31 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP James M. Wehmann sold 3,500 shares of Fair Isaac stock in a transaction that occurred on Thursday, December 5th. The stock was sold at an average price of $2,373.85, for a total transaction of $8,308,475.00. Following the completion of the transaction, the executive vice president now directly owns 45,395 shares in the company, valued at approximately $107,760,920.75. This trade represents a 7.16 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 13,170 shares of company stock valued at $27,132,248 over the last ninety days. 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.