Whittier Trust Co. Acquires 404 Shares of Fair Isaac Co. (NYSE:FICO)

Whittier Trust Co. increased its holdings in Fair Isaac Co. (NYSE:FICO) by 3.1% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,456 shares of the technology company’s stock after acquiring an additional 404 shares during the quarter. Whittier Trust Co. owned about 0.06% of Fair Isaac worth $26,790,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently bought and sold shares of the company. Rakuten Securities Inc. boosted its holdings in Fair Isaac by 160.0% in the fourth quarter. Rakuten Securities Inc. now owns 13 shares of the technology company’s stock worth $26,000 after acquiring an additional 8 shares in the last quarter. True Wealth Design LLC boosted its stake in Fair Isaac by 900.0% in the 3rd quarter. True Wealth Design LLC now owns 20 shares of the technology company’s stock worth $39,000 after purchasing an additional 18 shares in the last quarter. Berbice Capital Management LLC purchased a new stake in Fair Isaac during the 4th quarter valued at about $40,000. Avalon Trust Co purchased a new stake in shares of Fair Isaac during the fourth quarter valued at approximately $40,000. Finally, OFI Invest Asset Management bought a new stake in shares of Fair Isaac in the 4th quarter worth $42,000. 85.75% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research firms have recently weighed in on FICO. The Goldman Sachs Group increased their price target on Fair Isaac from $2,374.00 to $2,661.00 and gave the company a “buy” rating in a report on Thursday, December 5th. Oppenheimer dropped their price objective on shares of Fair Isaac from $2,515.00 to $2,409.00 and set an “outperform” rating on the stock in a report on Tuesday, January 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. Robert W. Baird lowered their target price on Fair Isaac from $1,975.00 to $1,775.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 5th. Finally, UBS Group reduced their price target 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. Four investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. According to data from MarketBeat.com, Fair Isaac has an average rating of “Moderate Buy” and a consensus target price of $2,088.15.

Fair Isaac Stock Up 3.4 %

Shares of FICO stock opened at $1,874.47 on Thursday. The company’s fifty day simple moving average is $1,838.54 and its two-hundred day simple moving average is $1,984.52. Fair Isaac Co. has a 52 week low of $1,105.65 and a 52 week high of $2,402.52. The stock has a market cap of $45.77 billion, a P/E ratio of 86.02, a PEG ratio of 3.27 and a beta of 1.41.

Fair Isaac (NYSE:FICO) last announced its quarterly earnings results on Tuesday, February 4th. The technology company reported $4.15 EPS for the quarter, missing analysts’ consensus estimates of $6.21 by ($2.06). Fair Isaac had a net margin of 30.66% and a negative return on equity of 53.40%. On average, analysts anticipate that Fair Isaac Co. will post 24.15 EPS for the current fiscal year.

Insider Buying and Selling

In other news, CEO William J. Lansing sold 4,092 shares of the business’s stock in a transaction that occurred on Tuesday, March 11th. The stock was sold at an average price of $1,727.69, for a total transaction of $7,069,707.48. Following the transaction, the chief executive officer now owns 42,138 shares of the company’s stock, valued at approximately $72,801,401.22. The trade was a 8.85 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CFO Steven P. Weber sold 139 shares of the stock in a transaction 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 sale, the chief financial officer now owns 2,478 shares in the company, valued at $4,867,832.76. The trade was a 5.31 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 10,241 shares of company stock worth $18,186,184. Insiders own 3.46% of the company’s stock.

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.