Westfield Capital Management Co. LP Sells 6,580 Shares of Fair Isaac Co. (NYSE:FICO)

Westfield Capital Management Co. LP decreased its holdings in Fair Isaac Co. (NYSE:FICO) by 7.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 79,063 shares of the technology company’s stock after selling 6,580 shares during the quarter. Westfield Capital Management Co. LP’s holdings in Fair Isaac were worth $92,030,000 at the end of the most recent reporting period.

A number of other institutional investors have also bought and sold shares of the company. Nomura Asset Management Co. Ltd. boosted its position in Fair Isaac by 1.9% during the fourth quarter. Nomura Asset Management Co. Ltd. now owns 15,559 shares of the technology company’s stock valued at $18,111,000 after acquiring an additional 293 shares during the last quarter. Advisory Services Network LLC boosted its position in Fair Isaac by 5.5% during the fourth quarter. Advisory Services Network LLC now owns 2,468 shares of the technology company’s stock valued at $2,873,000 after acquiring an additional 128 shares during the last quarter. SageView Advisory Group LLC bought a new stake in Fair Isaac during the fourth quarter valued at $248,000. Enterprise Financial Services Corp bought a new stake in Fair Isaac during the fourth quarter valued at $249,000. Finally, Journey Strategic Wealth LLC bought a new stake in Fair Isaac during the fourth quarter valued at $516,000. Institutional investors own 85.75% of the company’s stock.

Fair Isaac Trading Up 2.3 %

Shares of FICO traded up $31.46 on Friday, reaching $1,384.64. The company’s stock had a trading volume of 171,482 shares, compared to its average volume of 254,235. Fair Isaac Co. has a twelve month low of $745.45 and a twelve month high of $1,451.78. The stock has a market capitalization of $34.21 billion, a PE ratio of 72.68, a PEG ratio of 3.73 and a beta of 1.24. The firm has a fifty day moving average of $1,245.51 and a 200-day moving average of $1,207.79.

Fair Isaac (NYSE:FICO) last posted its earnings results on Thursday, April 25th. The technology company reported $5.09 earnings per share for the quarter, topping analysts’ consensus estimates of $4.89 by $0.20. Fair Isaac had a net margin of 29.99% and a negative return on equity of 62.28%. The company had revenue of $433.81 million for the quarter, compared to analyst estimates of $425.94 million. As a group, equities analysts anticipate that Fair Isaac Co. will post 19.75 EPS for the current fiscal year.

Insider Buying and Selling

In other Fair Isaac news, Director Joanna Rees sold 500 shares of the stock in a transaction dated Thursday, May 16th. The shares were sold at an average price of $1,400.00, for a total value of $700,000.00. Following the completion of the sale, the director now owns 20,118 shares in the company, valued at approximately $28,165,200. The transaction was disclosed in a document filed with the SEC, which is available at this link. In other Fair Isaac news, CEO William J. Lansing sold 8,000 shares of the stock in a transaction dated Tuesday, April 16th. The shares were sold at an average price of $1,140.55, for a total value of $9,124,400.00. Following the completion of the sale, the chief executive officer now owns 12,638 shares in the company, valued at approximately $14,414,270.90. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, Director Joanna Rees sold 500 shares of the firm’s stock in a transaction that occurred on Thursday, May 16th. The stock was sold at an average price of $1,400.00, for a total transaction of $700,000.00. Following the sale, the director now owns 20,118 shares of the company’s stock, valued at approximately $28,165,200. The disclosure for this sale can be found here. Insiders have sold 18,000 shares of company stock worth $21,561,840 in the last quarter. Insiders own 3.54% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have commented on FICO shares. Raymond James upped their price target on shares of Fair Isaac from $1,413.00 to $1,418.00 and gave the company an “outperform” rating in a research report on Friday, April 26th. Redburn Atlantic initiated coverage on shares of Fair Isaac in a research report on Tuesday, April 16th. They set a “neutral” rating and a $1,113.00 price objective on the stock. Finally, Needham & Company LLC reissued a “buy” rating and set a $1,500.00 price objective on shares of Fair Isaac in a research report on Monday, April 22nd. One research analyst has rated the stock with a sell rating, three have given a hold rating and six 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 $1,274.33.

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.