Wealth Alliance Sells 118 Shares of Fair Isaac Co. (NYSE:FICO)

Wealth Alliance lowered its position in shares of Fair Isaac Co. (NYSE:FICO) by 25.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 348 shares of the technology company’s stock after selling 118 shares during the quarter. Wealth Alliance’s holdings in Fair Isaac were worth $693,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in FICO. Ieq Capital LLC increased its holdings in Fair Isaac by 31.6% in the fourth quarter. Ieq Capital LLC now owns 2,620 shares of the technology company’s stock valued at $5,217,000 after purchasing an additional 629 shares during the last quarter. Laidlaw Wealth Management LLC increased its holdings in Fair Isaac by 27.5% in the fourth quarter. Laidlaw Wealth Management LLC now owns 176 shares of the technology company’s stock valued at $350,000 after purchasing an additional 38 shares during the last quarter. Global Retirement Partners LLC increased its holdings in Fair Isaac by 195.0% in the fourth quarter. Global Retirement Partners LLC now owns 596 shares of the technology company’s stock valued at $1,187,000 after purchasing an additional 394 shares during the last quarter. D.A. Davidson & CO. increased its holdings in Fair Isaac by 1.0% in the fourth quarter. D.A. Davidson & CO. now owns 621 shares of the technology company’s stock valued at $1,236,000 after purchasing an additional 6 shares during the last quarter. Finally, CIBC Asset Management Inc increased its holdings in Fair Isaac by 4.0% in the fourth quarter. CIBC Asset Management Inc now owns 3,731 shares of the technology company’s stock valued at $7,428,000 after purchasing an additional 142 shares during the last quarter. Institutional investors own 85.75% of the company’s stock.

Fair Isaac Price Performance

FICO stock opened at $1,724.97 on Friday. The stock has a market capitalization of $42.12 billion, a P/E ratio of 79.16, a P/E/G ratio of 3.40 and a beta of 1.39. The business has a 50-day moving average of $1,928.65 and a 200-day moving average of $1,971.56. Fair Isaac Co. has a fifty-two week low of $1,105.65 and a fifty-two week high of $2,402.51.

Fair Isaac (NYSE:FICO) last posted its quarterly earnings data on Tuesday, February 4th. The technology company reported $4.15 earnings per share 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%. Equities analysts expect that Fair Isaac Co. will post 24.15 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on the company. Jefferies Financial Group dropped their price objective on Fair Isaac from $2,275.00 to $2,175.00 and set a “buy” rating for the company in a report on Wednesday, February 5th. JPMorgan Chase & Co. assumed coverage on Fair Isaac in a report on Friday, December 20th. They issued a “neutral” rating and a $2,150.00 price objective for the company. Royal Bank of Canada reiterated a “sector perform” rating and issued a $2,040.00 price objective on shares of Fair Isaac in a report on Thursday, November 7th. UBS Group decreased their target price on Fair Isaac from $2,250.00 to $2,100.00 and set a “neutral” rating for the company in a research note on Monday, January 27th. Finally, Needham & Company LLC reissued a “buy” rating and issued a $2,500.00 target price on shares of Fair Isaac in a research note on Wednesday, February 5th. Five analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $2,078.15.

Insider Transactions at Fair Isaac

In related news, EVP James M. Wehmann sold 3,000 shares of the stock in a transaction that occurred on Thursday, December 12th. The stock was sold at an average price of $2,195.19, for a total transaction of $6,585,570.00. Following the completion of the transaction, the executive vice president now directly owns 51,911 shares of the company’s stock, valued at approximately $113,954,508.09. This represents a 5.46 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Steven P. Weber sold 139 shares of the stock in a transaction that occurred 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 transaction, the chief financial officer now directly owns 2,478 shares of the company’s stock, valued at $4,867,832.76. This trade represents a 5.31 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 13,170 shares of company stock valued at $27,132,248 over the last three months. Company 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.