Fair Isaac Co. (NYSE:FICO) Shares Sold by Jag Capital Management LLC

Jag Capital Management LLC reduced its holdings in Fair Isaac Co. (NYSE:FICO) by 21.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 7,397 shares of the technology company’s stock after selling 2,026 shares during the period. Fair Isaac comprises 2.1% of Jag Capital Management LLC’s holdings, making the stock its 18th biggest position. Jag Capital Management LLC’s holdings in Fair Isaac were worth $14,727,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in the business. Capital Performance Advisors LLP acquired a new position in shares of Fair Isaac in the 3rd quarter valued at $25,000. True Wealth Design LLC lifted its stake in shares of 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 period. Berbice Capital Management LLC acquired a new position in Fair Isaac during the fourth quarter worth $40,000. Meeder Asset Management Inc. raised its position in Fair Isaac by 37.5% during the third quarter. Meeder Asset Management Inc. now owns 22 shares of the technology company’s stock worth $43,000 after acquiring an additional 6 shares during the period. Finally, Versant Capital Management Inc raised its position in Fair Isaac by 500.0% during the fourth quarter. Versant Capital Management Inc now owns 24 shares of the technology company’s stock worth $48,000 after acquiring an additional 20 shares during the period. 85.75% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

FICO has been the subject of a number of research analyst reports. Wells Fargo & Company reduced their price objective on shares of Fair Isaac from $2,650.00 to $2,600.00 and set an “overweight” rating for the company in a research report on Wednesday, February 5th. Robert W. Baird reduced their target price on shares of Fair Isaac from $1,975.00 to $1,775.00 and set a “neutral” rating for the company in a research report on Wednesday, February 5th. Needham & Company LLC reiterated a “buy” rating and issued a $2,500.00 target price on shares of Fair Isaac in a research report 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 for the company in a report on Monday, January 27th. Finally, The Goldman Sachs Group increased 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 research note on Thursday, December 5th. Four equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. According to MarketBeat, Fair Isaac presently has an average rating of “Moderate Buy” and a consensus target price of $2,088.15.

Insider Buying and Selling at Fair Isaac

In other news, CEO William J. Lansing sold 6,010 shares of the business’s stock in a transaction dated Tuesday, February 11th. The stock was sold at an average price of $1,804.23, for a total transaction of $10,843,422.30. Following the completion of the sale, the chief executive officer now owns 42,138 shares in the company, valued at approximately $76,026,643.74. The trade was a 12.48 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Steven P. Weber sold 139 shares of the business’s 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 sale, the chief financial officer now owns 2,478 shares of the company’s stock, 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. Insiders sold 13,170 shares of company stock worth $27,132,248 in the last 90 days. 3.46% of the stock is owned by company insiders.

Fair Isaac Trading Down 1.4 %

Shares of FICO stock opened at $1,859.28 on Tuesday. The firm has a 50-day moving average price of $1,887.66 and a 200 day moving average price of $1,980.16. Fair Isaac Co. has a twelve month low of $1,105.65 and a twelve month high of $2,402.52. The company has a market capitalization of $45.40 billion, a price-to-earnings ratio of 85.33, a PEG ratio of 3.27 and a beta of 1.39.

Fair Isaac (NYSE:FICO) last posted its quarterly earnings results on Tuesday, February 4th. The technology company reported $4.15 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 predict that Fair Isaac Co. will post 24.15 earnings per share for the current 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.