Atria Investments Inc Decreases Stake in Fair Isaac Co. (NYSE:FICO)

Atria Investments Inc lessened its position in shares of Fair Isaac Co. (NYSE:FICO) by 26.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 4,274 shares of the technology company’s stock after selling 1,534 shares during the quarter. Atria Investments Inc’s holdings in Fair Isaac were worth $8,509,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. First National Bank of Omaha purchased a new stake in Fair Isaac during the third quarter valued at $1,576,000. National Bank of Canada FI increased its position in Fair Isaac by 51.9% during the third quarter. National Bank of Canada FI now owns 19,817 shares of the technology company’s stock valued at $38,514,000 after acquiring an additional 6,768 shares during the last quarter. Donoghue Forlines LLC purchased a new stake in Fair Isaac during the fourth quarter valued at $1,935,000. BNP Paribas purchased a new stake in Fair Isaac during the third quarter valued at $445,000. Finally, Czech National Bank increased its position in Fair Isaac by 5.7% during the fourth quarter. Czech National Bank now owns 5,280 shares of the technology company’s stock valued at $10,512,000 after acquiring an additional 286 shares during the last quarter. Hedge funds and other institutional investors own 85.75% of the company’s stock.

Insider Activity at Fair Isaac

In related news, Director Marc F. Mcmorris sold 520 shares of the 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 transaction, the director now directly owns 242 shares of the company’s stock, valued at approximately $520,921.94. This represents a 68.24 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP James M. Wehmann sold 3,000 shares of the stock in a transaction that occurred on Thursday, December 12th. The shares were sold at an average price of $2,195.19, for a total value of $6,585,570.00. Following the transaction, the executive vice president now directly owns 51,911 shares of the company’s stock, valued at approximately $113,954,508.09. The trade was a 5.46 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 9,670 shares of company stock valued at $18,823,773. Insiders own 3.46% of the company’s stock.

Wall Street Analyst Weigh In

FICO has been the subject of a number of research reports. 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. Wells Fargo & Company reduced their price target on Fair Isaac from $2,650.00 to $2,600.00 and set an “overweight” rating for the company in a research report on Wednesday, February 5th. The Goldman Sachs Group upped their price target on Fair Isaac from $2,374.00 to $2,661.00 and gave the stock a “buy” rating in a research report on Thursday, December 5th. Robert W. Baird reduced their price target 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. Finally, Jefferies Financial Group reduced their price target on Fair Isaac from $2,275.00 to $2,175.00 and set a “buy” rating for the company in a research report on Wednesday, February 5th. Four investment analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. According to data from MarketBeat.com, Fair Isaac has an average rating of “Moderate Buy” and an average price target of $2,088.15.

Fair Isaac Stock Up 0.2 %

NYSE FICO opened at $1,874.14 on Thursday. The firm has a market cap of $45.76 billion, a price-to-earnings ratio of 86.01, a price-to-earnings-growth ratio of 3.27 and a beta of 1.39. The business has a 50-day moving average price of $1,883.11 and a 200-day moving average price of $1,981.04. Fair Isaac Co. has a twelve month low of $1,105.65 and a twelve month high of $2,402.52.

Fair Isaac (NYSE:FICO) last released its quarterly earnings data on Tuesday, February 4th. The technology company reported $4.15 earnings per share for the quarter, missing analysts’ consensus estimates of $6.21 by ($2.06). Fair Isaac had a negative return on equity of 53.40% and a net margin of 30.66%. Research analysts expect that Fair Isaac Co. will post 24.15 EPS 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.