Aviva PLC Trims Stock Holdings in Fair Isaac Co. (NYSE:FICO)

Aviva PLC decreased its position in Fair Isaac Co. (NYSE:FICO) by 2.3% in the fourth quarter, Holdings Channel.com reports. The firm owned 41,148 shares of the technology company’s stock after selling 966 shares during the quarter. Aviva PLC’s holdings in Fair Isaac were worth $81,923,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in FICO. Oarsman Capital Inc. increased its stake in shares of Fair Isaac by 76.7% in the 4th quarter. Oarsman Capital Inc. now owns 53 shares of the technology company’s stock worth $106,000 after acquiring an additional 23 shares in the last quarter. Resona Asset Management Co. Ltd. bought a new stake in Fair Isaac during the fourth quarter worth about $16,302,000. Prudential PLC grew its holdings in Fair Isaac by 94.9% in the fourth quarter. Prudential PLC now owns 840 shares of the technology company’s stock worth $1,672,000 after purchasing an additional 409 shares during the period. Landscape Capital Management L.L.C. bought a new position in shares of Fair Isaac during the fourth quarter valued at approximately $1,318,000. Finally, Arete Wealth Advisors LLC purchased a new position in shares of Fair Isaac during the fourth quarter valued at approximately $343,000. Hedge funds and other institutional investors own 85.75% of the company’s stock.

Insider Buying and Selling

In related news, CEO William J. Lansing sold 4,092 shares of the firm’s stock in a transaction on Tuesday, March 11th. The stock was sold at an average price of $1,727.69, for a total value of $7,069,707.48. Following the transaction, the chief executive officer now directly owns 42,138 shares of the company’s stock, valued at approximately $72,801,401.22. This trade represents a 8.85 % 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 shares were 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 of the company’s stock, valued at $4,867,832.76. This represents a 5.31 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 10,241 shares of company stock valued at $18,186,184. 3.46% of the stock is owned by insiders.

Analysts Set New Price Targets

Several analysts recently weighed in on the company. Jefferies Financial Group cut their price target on 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. Robert W. Baird cut their target price on Fair Isaac from $1,975.00 to $1,775.00 and set a “neutral” rating on the stock in a research note on Wednesday, February 5th. Needham & Company LLC reaffirmed a “buy” rating and issued a $2,500.00 price target on shares of Fair Isaac in a research report on Wednesday, February 5th. JPMorgan Chase & Co. started coverage on shares of Fair Isaac in a research report on Friday, December 20th. They set a “neutral” rating and a $2,150.00 price objective on the stock. Finally, UBS Group decreased their target price 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. Four investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $2,080.46.

Fair Isaac Price Performance

FICO stock opened at $1,681.51 on Friday. 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 $41.06 billion, a P/E ratio of 77.17, a price-to-earnings-growth ratio of 3.27 and a beta of 1.37. The stock’s fifty day moving average price is $1,823.53 and its 200-day moving average price is $1,988.19.

Fair Isaac (NYSE:FICO) last announced its 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 negative return on equity of 53.40% and a net margin of 30.66%. As a group, analysts expect 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.