Clarkston Capital Partners LLC Trims Stake in Fair Isaac Co. (NYSE:FICO)

Clarkston Capital Partners LLC lessened its holdings in shares of Fair Isaac Co. (NYSE:FICO) by 50.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 150 shares of the technology company’s stock after selling 150 shares during the period. Clarkston Capital Partners LLC’s holdings in Fair Isaac were worth $299,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of the business. Alcosta Capital Management Inc. boosted its holdings in Fair Isaac by 0.3% during the 4th quarter. Alcosta Capital Management Inc. now owns 3,279 shares of the technology company’s stock valued at $6,528,000 after acquiring an additional 9 shares during the period. Oarsman Capital Inc. lifted its position in shares of Fair Isaac by 76.7% during the fourth quarter. Oarsman Capital Inc. now owns 53 shares of the technology company’s stock worth $106,000 after purchasing an additional 23 shares during the last quarter. Resona Asset Management Co. Ltd. bought a new stake in shares of Fair Isaac during the fourth quarter worth $16,302,000. Prudential PLC boosted its stake in shares of Fair Isaac by 94.9% during the fourth quarter. Prudential PLC now owns 840 shares of the technology company’s stock valued at $1,672,000 after purchasing an additional 409 shares during the period. Finally, Landscape Capital Management L.L.C. bought a new position in shares of Fair Isaac in the fourth quarter worth about $1,318,000. Institutional investors own 85.75% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on FICO shares. Oppenheimer decreased their price objective on shares of Fair Isaac from $2,515.00 to $2,409.00 and set an “outperform” rating for the company in a report on Tuesday, January 7th. Royal Bank of Canada upgraded Fair Isaac from a “sector perform” rating to an “outperform” rating and boosted their price target for the company from $2,040.00 to $2,170.00 in a report on Wednesday, February 26th. Robert W. Baird dropped their price objective on Fair Isaac from $1,975.00 to $1,775.00 and set a “neutral” rating on the stock in a research note on Wednesday, February 5th. Needham & Company LLC reaffirmed a “buy” rating and set a $2,500.00 target price on shares of Fair Isaac in a research report on Wednesday, February 5th. Finally, JPMorgan Chase & Co. started coverage on shares of Fair Isaac in a report on Friday, December 20th. They set a “neutral” rating and a $2,150.00 target price on the stock. Four research analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $2,080.46.

Fair Isaac Stock Performance

Shares of Fair Isaac stock opened at $1,681.51 on Friday. The firm has a 50-day simple moving average of $1,823.53 and a two-hundred day simple moving average of $1,988.91. Fair Isaac Co. has a fifty-two week low of $1,105.65 and a fifty-two week high of $2,402.52. The company has a market cap of $41.06 billion, a P/E ratio of 77.17, a price-to-earnings-growth ratio of 3.27 and a beta of 1.37.

Fair Isaac (NYSE:FICO) last released its quarterly earnings results 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%. Equities research analysts forecast that Fair Isaac Co. will post 24.15 EPS for the current year.

Insider Activity at Fair Isaac

In other Fair Isaac news, CEO William J. Lansing sold 6,010 shares of the business’s stock in a transaction that occurred on Tuesday, February 11th. The stock was sold at an average price of $1,804.23, for a total transaction of $10,843,422.30. Following the completion of the sale, the chief executive officer now directly owns 42,138 shares in the company, valued at approximately $76,026,643.74. The trade was a 12.48 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, 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 completion of 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 position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 10,241 shares of company stock valued at $18,186,184. 3.46% of the stock is owned by company insiders.

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.