Settian Capital LP Lowers Stock Position in Fair Isaac Co. (NYSE:FICO)

Settian Capital LP lowered its stake in shares of Fair Isaac Co. (NYSE:FICO) by 45.0% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,100 shares of the technology company’s stock after selling 900 shares during the quarter. Fair Isaac makes up approximately 1.6% of Settian Capital LP’s portfolio, making the stock its 17th largest holding. Settian Capital LP’s holdings in Fair Isaac were worth $2,190,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in the stock. State Street Corp grew its position in Fair Isaac by 0.5% during the third quarter. State Street Corp now owns 1,045,165 shares of the technology company’s stock valued at $2,031,299,000 after buying an additional 5,472 shares during the period. JPMorgan Chase & Co. grew its position in Fair Isaac by 1.1% during the third quarter. JPMorgan Chase & Co. now owns 673,242 shares of the technology company’s stock valued at $1,308,460,000 after buying an additional 7,466 shares during the period. Geode Capital Management LLC boosted its position in Fair Isaac by 1.0% during the third quarter. Geode Capital Management LLC now owns 645,379 shares of the technology company’s stock worth $1,251,537,000 after purchasing an additional 6,510 shares during the period. Principal Financial Group Inc. boosted its position in Fair Isaac by 0.5% during the third quarter. Principal Financial Group Inc. now owns 372,582 shares of the technology company’s stock worth $724,122,000 after purchasing an additional 1,977 shares during the period. Finally, Jennison Associates LLC boosted its position in Fair Isaac by 5.4% during the fourth quarter. Jennison Associates LLC now owns 254,282 shares of the technology company’s stock worth $506,257,000 after purchasing an additional 13,133 shares during the period. Institutional investors own 85.75% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have weighed in on FICO shares. Robert W. Baird cut their target price on shares of 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. Royal Bank of Canada upgraded shares of Fair Isaac from a “sector perform” rating to an “outperform” rating and increased their target price for the stock from $2,040.00 to $2,170.00 in a research report on Wednesday, February 26th. Jefferies Financial Group cut their target price on shares of 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. JPMorgan Chase & Co. assumed coverage on shares of Fair Isaac in a report on Friday, December 20th. They issued a “neutral” rating and a $2,150.00 price target on the stock. Finally, Wells Fargo & Company lowered their price target 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. Four investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $2,088.15.

Insiders Place Their Bets

In other news, CFO Steven P. Weber sold 139 shares of the firm’s 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 owns 2,478 shares in the company, 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 document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO William J. Lansing sold 4,092 shares of Fair Isaac stock in a transaction on Tuesday, March 11th. The shares were sold at an average price of $1,727.69, for a total transaction of $7,069,707.48. Following the completion of the sale, the chief executive officer now owns 42,138 shares in the company, valued at approximately $72,801,401.22. This trade represents a 8.85 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 10,241 shares of company stock valued at $18,186,184. 3.46% of the stock is currently owned by corporate insiders.

Fair Isaac Stock Performance

FICO stock opened at $1,874.47 on Thursday. The company has a market capitalization of $45.77 billion, a PE ratio of 86.02, a price-to-earnings-growth ratio of 3.27 and a beta of 1.41. Fair Isaac Co. has a one year low of $1,105.65 and a one year high of $2,402.52. The company’s 50 day moving average price is $1,838.54 and its two-hundred day moving average price is $1,984.52.

Fair Isaac (NYSE:FICO) last posted its quarterly 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%. On average, research analysts predict that Fair Isaac Co. will post 24.15 EPS for the current 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.