Savant Capital LLC Sells 21 Shares of Fair Isaac Co. (NYSE:FICO)

Savant Capital LLC reduced its position in shares of Fair Isaac Co. (NYSE:FICO) by 3.5% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 574 shares of the technology company’s stock after selling 21 shares during the period. Savant Capital LLC’s holdings in Fair Isaac were worth $1,143,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Kestra Private Wealth Services LLC increased its stake in shares of Fair Isaac by 38.4% in the fourth quarter. Kestra Private Wealth Services LLC now owns 299 shares of the technology company’s stock valued at $595,000 after buying an additional 83 shares in the last quarter. Clarity Wealth Advisors LLC increased its position in Fair Isaac by 44.0% in the 4th quarter. Clarity Wealth Advisors LLC now owns 422 shares of the technology company’s stock valued at $840,000 after acquiring an additional 129 shares in the last quarter. Golden State Wealth Management LLC bought a new position in shares of Fair Isaac in the fourth quarter worth about $74,000. Sumitomo Mitsui DS Asset Management Company Ltd lifted its holdings in Fair Isaac by 2.4% during the 4th quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 2,869 shares of the technology company’s stock worth $5,712,000 after buying an additional 68 shares in the last quarter. Finally, Telligent Fund LP bought a new position in Fair Isaac in the fourth quarter valued at about $2,986,000. 85.75% of the stock is currently owned by institutional investors and hedge funds.

Fair Isaac Stock Performance

Shares of FICO stock opened at $1,795.33 on Friday. Fair Isaac Co. has a 52-week low of $1,105.65 and a 52-week high of $2,402.51. The stock has a market cap of $43.84 billion, a price-to-earnings ratio of 82.39, a PEG ratio of 3.61 and a beta of 1.39. The firm’s 50-day moving average is $1,962.97 and its 200-day moving average is $1,966.69.

Fair Isaac (NYSE:FICO) last released its quarterly earnings data 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 net margin of 30.66% and a negative return on equity of 53.40%. Sell-side analysts predict that Fair Isaac Co. will post 23.91 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on FICO shares. Wells Fargo & Company dropped their price objective on Fair Isaac from $2,650.00 to $2,600.00 and set an “overweight” rating for the company in a report on Wednesday, February 5th. Robert W. Baird decreased their target price on Fair Isaac from $1,975.00 to $1,775.00 and set a “neutral” rating for the company in a research note on Wednesday, February 5th. Barclays lifted their price target on shares of Fair Isaac from $2,150.00 to $2,350.00 and gave the company an “overweight” rating in a research note on Thursday, November 7th. UBS Group reduced their price objective on Fair Isaac from $2,250.00 to $2,100.00 and set a “neutral” rating for the company in a research report on Monday, January 27th. Finally, Oppenheimer decreased 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. Five equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $2,078.15.

Insiders Place Their Bets

In other news, Director Marc F. Mcmorris sold 520 shares of the business’s stock in a transaction that occurred on Tuesday, December 17th. The stock was sold at an average price of $2,152.57, for a total transaction of $1,119,336.40. Following the completion of the sale, the director now owns 242 shares in the company, valued at $520,921.94. The trade was a 68.24 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, EVP James M. Wehmann sold 3,500 shares of the stock in a transaction that occurred on Thursday, December 5th. The stock was sold at an average price of $2,373.85, for a total value of $8,308,475.00. Following the transaction, the executive vice president now owns 45,395 shares in the company, valued at approximately $107,760,920.75. This trade represents a 7.16 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 16,670 shares of company stock valued at $35,253,683 over the last ninety days. 3.46% of the stock is currently owned by company insiders.

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.