Fair Isaac Co. (NYSE:FICO) Shares Sold by Cypress Funds LLC

Cypress Funds LLC lowered its holdings in shares of Fair Isaac Co. (NYSE:FICO) by 33.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 38,930 shares of the technology company’s stock after selling 19,431 shares during the quarter. Fair Isaac accounts for about 8.4% of Cypress Funds LLC’s portfolio, making the stock its 3rd biggest position. Cypress Funds LLC’s holdings in Fair Isaac were worth $77,507,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of FICO. Wealthfront Advisers LLC boosted its stake in Fair Isaac by 5,217.6% in the 4th quarter. Wealthfront Advisers LLC now owns 147,031 shares of the technology company’s stock worth $292,728,000 after purchasing an additional 144,266 shares during the period. Proficio Capital Partners LLC acquired a new position in shares of Fair Isaac during the fourth quarter worth about $261,610,000. Raymond James Financial Inc. bought a new position in shares of Fair Isaac during the fourth quarter worth about $199,441,000. FMR LLC raised its position in Fair Isaac by 46.1% in the 3rd quarter. FMR LLC now owns 207,026 shares of the technology company’s stock valued at $402,358,000 after buying an additional 65,297 shares during the last quarter. Finally, National Pension Service lifted its stake in Fair Isaac by 104.9% in the 4th quarter. National Pension Service now owns 79,248 shares of the technology company’s stock valued at $157,777,000 after acquiring an additional 40,574 shares in the last quarter. Institutional investors own 85.75% of the company’s stock.

Insiders Place Their Bets

In other news, CEO William J. Lansing sold 4,092 shares of the company’s stock in a transaction on Tuesday, March 11th. The stock was sold at an average price of $1,727.69, for a total transaction of $7,069,707.48. Following the completion of the sale, the chief executive officer now directly owns 42,138 shares in the company, valued at approximately $72,801,401.22. This represents a 8.85 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CFO Steven P. Weber sold 139 shares of the 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 sale, the chief financial officer now directly owns 2,478 shares in the company, valued at approximately $4,867,832.76. This trade represents a 5.31 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 10,241 shares of company stock worth $18,186,184 in the last 90 days. Company insiders own 3.46% of the company’s stock.

Fair Isaac Stock Performance

Shares of FICO stock opened at $1,857.48 on Friday. The company has a market capitalization of $45.36 billion, a price-to-earnings ratio of 85.24, a PEG ratio of 3.27 and a beta of 1.41. Fair Isaac Co. has a 52 week low of $1,105.65 and a 52 week high of $2,402.52. The company has a 50-day simple moving average of $1,835.24 and a 200 day simple moving average of $1,986.57.

Fair Isaac (NYSE:FICO) last posted its 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%. Sell-side analysts forecast that Fair Isaac Co. will post 24.15 EPS for the current year.

Analyst Ratings Changes

FICO has been the subject of several research reports. The Goldman Sachs Group raised their price target 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. Robert W. Baird decreased 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. UBS Group lowered their price target 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. Jefferies Financial Group reduced their price objective on shares of Fair Isaac from $2,275.00 to $2,175.00 and set a “buy” rating for the company in a research note on Wednesday, February 5th. Finally, Needham & Company LLC reaffirmed a “buy” rating and issued a $2,500.00 target price on shares of Fair Isaac in a research report on Wednesday, February 5th. Four equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $2,088.15.

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.