Bradley Foster & Sargent Inc. CT Sells 15 Shares of Fair Isaac Co. (NYSE:FICO)

Bradley Foster & Sargent Inc. CT lessened its stake in Fair Isaac Co. (NYSE:FICO) by 5.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 286 shares of the technology company’s stock after selling 15 shares during the period. Bradley Foster & Sargent Inc. CT’s holdings in Fair Isaac were worth $569,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in FICO. Capital Performance Advisors LLP bought a new stake in shares of Fair Isaac in the 3rd quarter worth approximately $25,000. True Wealth Design LLC increased its position in shares of Fair Isaac by 900.0% during the third 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 shares of Fair Isaac in the fourth quarter valued at $40,000. Meeder Asset Management Inc. lifted its position in Fair Isaac by 37.5% in the third quarter. Meeder Asset Management Inc. now owns 22 shares of the technology company’s stock worth $43,000 after purchasing an additional 6 shares during the period. Finally, Versant Capital Management Inc boosted its stake 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 buying an additional 20 shares in the last quarter. 85.75% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

FICO has been the subject of a number of recent research reports. Royal Bank of Canada restated a “sector perform” rating and issued a $2,040.00 price objective on shares of Fair Isaac in a research note on Thursday, November 7th. Oppenheimer cut their price target on shares of Fair Isaac from $2,515.00 to $2,409.00 and set an “outperform” rating for the company in a research note on Tuesday, January 7th. Barclays lifted their price objective on Fair Isaac from $2,150.00 to $2,350.00 and gave the company an “overweight” rating in a report on Thursday, November 7th. The Goldman Sachs Group increased their target price on Fair Isaac from $2,374.00 to $2,661.00 and gave the stock a “buy” rating in a report on Thursday, December 5th. Finally, Wells Fargo & Company decreased their price target on 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. Five investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat.com, Fair Isaac presently has a consensus rating of “Moderate Buy” and an average price target of $2,078.15.

Insider Transactions at Fair Isaac

In related news, CEO William J. Lansing sold 6,010 shares of the business’s stock in a transaction that occurred on Tuesday, February 11th. The shares were sold at an average price of $1,804.23, for a total value of $10,843,422.30. Following the completion of the transaction, the chief executive officer now owns 42,138 shares in the company, valued at $76,026,643.74. The trade was a 12.48 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CFO Steven P. Weber sold 139 shares of the stock in a transaction 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 completion of the transaction, the chief financial officer now owns 2,478 shares in the company, valued at $4,867,832.76. The trade was a 5.31 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 13,170 shares of company stock worth $27,132,248. Corporate insiders own 3.46% of the company’s stock.

Fair Isaac Stock Performance

Fair Isaac stock opened at $1,697.04 on Friday. The business’s fifty day moving average is $1,919.33 and its two-hundred day moving average is $1,974.57. The firm has a market cap 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 52 week low of $1,105.65 and a 52 week high of $2,402.51.

Fair Isaac (NYSE:FICO) last issued its quarterly 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%. On average, equities research analysts predict that Fair Isaac Co. will post 24.15 earnings per share for the current year.

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.