Everpar Advisors LLC Has $450,000 Position in Fair Isaac Co. (NYSE:FICO)

Everpar Advisors LLC lowered its stake in shares of Fair Isaac Co. (NYSE:FICO) by 6.5% in the first quarter, according to its most recent disclosure with the SEC. The fund owned 244 shares of the technology company’s stock after selling 17 shares during the period. Everpar Advisors LLC’s holdings in Fair Isaac were worth $450,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. Rakuten Securities Inc. raised its position in shares of Fair Isaac by 160.0% during the fourth quarter. Rakuten Securities Inc. now owns 13 shares of the technology company’s stock valued at $26,000 after buying an additional 8 shares during the last quarter. Pinnacle Holdings LLC acquired a new position in shares of Fair Isaac during the fourth quarter valued at about $26,000. Avalon Trust Co acquired a new position in shares of Fair Isaac during the fourth quarter valued at about $40,000. OFI Invest Asset Management acquired a new position in shares of Fair Isaac during the fourth quarter valued at about $42,000. Finally, Colonial Trust Co SC raised its position in shares of Fair Isaac by 71.4% during the fourth quarter. Colonial Trust Co SC now owns 24 shares of the technology company’s stock valued at $48,000 after buying an additional 10 shares during the last quarter. Institutional investors and hedge funds own 85.75% of the company’s stock.

Insider Activity

In other news, CEO William J. Lansing sold 2,956 shares of the stock in a transaction that occurred on Tuesday, April 8th. The shares were sold at an average price of $1,761.13, for a total transaction of $5,205,900.28. Following the sale, the chief executive officer now directly owns 42,138 shares of the company’s stock, valued at $74,210,495.94. This represents a 6.56% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Thomas A. Bowers sold 4,077 shares of the stock in a transaction that occurred on Friday, May 2nd. The shares were sold at an average price of $2,057.05, for a total transaction of $8,386,592.85. Following the completion of the transaction, the executive vice president now owns 9,974 shares in the company, valued at $20,517,016.70. This represents a 29.02% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 20,851 shares of company stock valued at $40,543,770 over the last three months. 3.46% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the stock. Robert W. Baird raised shares of Fair Isaac from a “neutral” rating to an “outperform” rating and cut their price objective for the company from $2,021.00 to $1,900.00 in a research report on Wednesday, May 28th. Needham & Company LLC reissued a “buy” rating and issued a $2,575.00 price target on shares of Fair Isaac in a research report on Tuesday. Royal Bank of Canada raised shares of Fair Isaac from a “sector perform” rating to an “outperform” rating and increased their price target for the stock from $2,040.00 to $2,170.00 in a research report on Wednesday, February 26th. Baird R W raised shares of Fair Isaac from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, May 28th. Finally, Jefferies Financial Group reissued a “buy” rating and issued a $2,500.00 price target (up previously from $2,225.00) on shares of Fair Isaac in a research report on Wednesday, May 14th. Two analysts have rated the stock with a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $2,304.15.

Fair Isaac Trading Up 0.0%

Shares of Fair Isaac stock opened at $1,785.08 on Friday. The stock has a market capitalization of $43.45 billion, a price-to-earnings ratio of 81.92, a P/E/G ratio of 3.27 and a beta of 1.29. Fair Isaac Co. has a 1-year low of $1,365.00 and a 1-year high of $2,402.52. The firm’s 50-day moving average price is $1,892.30 and its two-hundred day moving average price is $1,921.82.

Fair Isaac (NYSE:FICO) last issued its quarterly earnings data on Tuesday, April 29th. The technology company reported $7.81 earnings per share for the quarter, topping the consensus estimate of $7.33 by $0.48. The firm had revenue of $498.74 million for the quarter, compared to analysts’ expectations of $500.45 million. Fair Isaac had a net margin of 30.66% and a negative return on equity of 53.40%. The company’s quarterly revenue was up 15.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $6.14 earnings per share. As a group, equities research analysts predict that Fair Isaac Co. will post 24.15 EPS for the current year.

About Fair Isaac

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.