Manchester Capital Management LLC Has $287,000 Stock Position in Fair Isaac Co. (NYSE:FICO)

Manchester Capital Management LLC cut its position in Fair Isaac Co. (NYSE:FICO) by 32.7% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 144 shares of the technology company’s stock after selling 70 shares during the quarter. Manchester Capital Management LLC’s holdings in Fair Isaac were worth $287,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. First National Bank of Omaha acquired a new position in Fair Isaac in the 3rd quarter valued at $1,576,000. National Bank of Canada FI grew its stake in Fair Isaac by 51.9% in the 3rd quarter. National Bank of Canada FI now owns 19,817 shares of the technology company’s stock valued at $38,514,000 after buying an additional 6,768 shares during the last quarter. Donoghue Forlines LLC acquired a new position in Fair Isaac in the 4th quarter valued at $1,935,000. BNP Paribas acquired a new position in Fair Isaac in the 3rd quarter valued at $445,000. Finally, Harvest Fund Management Co. Ltd grew its stake in Fair Isaac by 86.3% in the 3rd quarter. Harvest Fund Management Co. Ltd now owns 760 shares of the technology company’s stock valued at $1,477,000 after buying an additional 352 shares during the last quarter. 85.75% of the stock is currently owned by institutional investors and hedge funds.

Fair Isaac Stock Performance

NYSE:FICO opened at $1,795.33 on Friday. The company has a 50-day moving average of $1,962.97 and a 200-day moving average of $1,969.35. The company has a market capitalization of $43.84 billion, a price-to-earnings ratio of 82.39, a PEG ratio of 3.61 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 announced 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 net margin of 30.66% and a negative return on equity of 53.40%. Sell-side analysts forecast that Fair Isaac Co. will post 23.91 EPS for the current year.

Analyst Ratings Changes

Several research firms have issued reports on FICO. Barclays raised their price target on shares of Fair Isaac from $2,150.00 to $2,350.00 and gave the stock an “overweight” rating in a research report on Thursday, November 7th. Jefferies Financial Group decreased their price target on shares of Fair Isaac from $2,275.00 to $2,175.00 and set a “buy” rating on the stock in a research report on Wednesday, February 5th. Needham & Company LLC restated a “buy” rating and issued a $2,500.00 price target on shares of Fair Isaac in a research report on Wednesday, February 5th. UBS Group decreased their price target on shares of Fair Isaac from $2,250.00 to $2,100.00 and set a “neutral” rating on the stock in a research report on Monday, January 27th. Finally, Royal Bank of Canada restated a “sector perform” rating and issued a $2,040.00 price target on shares of Fair Isaac in a research report on Thursday, November 7th. Five analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $2,078.15.

Insider Activity at Fair Isaac

In related news, EVP James M. Wehmann sold 3,500 shares of Fair Isaac stock in a transaction dated Thursday, November 21st. The shares were sold at an average price of $2,320.41, for a total transaction of $8,121,435.00. Following the completion of the transaction, the executive vice president now directly owns 48,895 shares of the company’s stock, valued at $113,456,446.95. This trade represents a 6.68 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Marc F. Mcmorris sold 520 shares of the firm’s stock in a transaction dated Tuesday, December 17th. The shares were 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 of the company’s stock, valued at $520,921.94. The trade was a 68.24 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 16,670 shares of company stock valued at $35,253,683 in the last ninety days. Insiders own 3.46% of the company’s stock.

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.