Fair Isaac Co. (NYSE:FICO) Stock Position Decreased by Amalgamated Bank

Amalgamated Bank decreased its position in Fair Isaac Co. (NYSE:FICO) by 1.3% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 5,283 shares of the technology company’s stock after selling 71 shares during the quarter. Amalgamated Bank’s holdings in Fair Isaac were worth $10,518,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. AustralianSuper Pty Ltd raised its holdings in Fair Isaac by 1,270.9% during the third quarter. AustralianSuper Pty Ltd now owns 73,276 shares of the technology company’s stock valued at $142,413,000 after buying an additional 67,931 shares in the last quarter. FMR LLC increased its holdings in shares of Fair Isaac by 46.1% during the 3rd quarter. FMR LLC now owns 207,026 shares of the technology company’s stock valued at $402,358,000 after acquiring an additional 65,297 shares during the last quarter. Jennison Associates LLC increased its holdings in shares of Fair Isaac by 35.1% during the 3rd quarter. Jennison Associates LLC now owns 241,149 shares of the technology company’s stock valued at $468,677,000 after acquiring an additional 62,653 shares during the last quarter. Mizuho Securities USA LLC raised its stake in shares of Fair Isaac by 1,845.2% in the 3rd quarter. Mizuho Securities USA LLC now owns 37,133 shares of the technology company’s stock valued at $72,169,000 after acquiring an additional 35,224 shares in the last quarter. Finally, Assenagon Asset Management S.A. boosted its position in Fair Isaac by 650.9% during the fourth quarter. Assenagon Asset Management S.A. now owns 18,810 shares of the technology company’s stock worth $37,449,000 after purchasing an additional 16,305 shares during the period. Institutional investors own 85.75% of the company’s stock.

Wall Street Analysts Forecast Growth

FICO has been the topic of a number of recent analyst reports. The Goldman Sachs Group lifted their price target on shares of Fair Isaac from $2,374.00 to $2,661.00 and gave the company a “buy” rating in a research report on Thursday, December 5th. Wells Fargo & Company dropped their target price on shares of Fair Isaac from $2,650.00 to $2,600.00 and set an “overweight” rating on the stock in a report on Wednesday, February 5th. UBS Group cut their target price on shares of 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. Jefferies Financial Group lowered their price target on 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. Finally, Robert W. Baird cut their price objective on Fair Isaac from $1,975.00 to $1,775.00 and set a “neutral” rating for the company in a research report on Wednesday, February 5th. Five investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $2,078.15.

Insider Activity

In other Fair Isaac news, CFO Steven P. Weber sold 139 shares of Fair Isaac stock in a transaction on Thursday, January 9th. The stock was sold at an average price of $1,964.42, for a total transaction of $273,054.38. Following the completion of the transaction, the chief financial officer now directly owns 2,478 shares of the company’s stock, valued at approximately $4,867,832.76. This trade represents a 5.31 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP James M. Wehmann sold 3,500 shares of the company’s stock in a transaction dated Thursday, December 5th. The stock was sold at an average price of $2,373.85, for a total transaction of $8,308,475.00. Following the completion of the sale, the executive vice president now directly owns 45,395 shares in the company, valued at approximately $107,760,920.75. The trade was a 7.16 % decrease in their position. The disclosure for this sale can be found here. In 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 Trading Up 4.9 %

Shares of FICO stock opened at $1,816.80 on Wednesday. The company has a market capitalization of $44.36 billion, a P/E ratio of 83.38, a P/E/G ratio of 3.27 and a beta of 1.39. Fair Isaac Co. has a 12 month low of $1,105.65 and a 12 month high of $2,402.51. The stock has a 50 day moving average of $1,904.09 and a two-hundred day moving average of $1,977.27.

Fair Isaac (NYSE:FICO) last issued its earnings results on Tuesday, February 4th. The technology company reported $4.15 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%. Sell-side analysts predict that Fair Isaac Co. will post 24.15 earnings per share for the current fiscal 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.