Mutual of America Capital Management LLC Sells 104 Shares of Fair Isaac Co. (NYSE:FICO)

Mutual of America Capital Management LLC cut its holdings in shares of Fair Isaac Co. (NYSE:FICO) by 3.4% in the 4th quarter, Holdings Channel reports. The firm owned 2,915 shares of the technology company’s stock after selling 104 shares during the period. Mutual of America Capital Management LLC’s holdings in Fair Isaac were worth $5,804,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Pinnacle Associates Ltd. lifted its stake in shares of Fair Isaac by 8.0% in the 3rd quarter. Pinnacle Associates Ltd. now owns 175 shares of the technology company’s stock valued at $340,000 after acquiring an additional 13 shares during the last quarter. Conning Inc. bought a new position in shares of Fair Isaac in the 3rd quarter valued at $216,000. KG&L Capital Management LLC lifted its stake in shares of Fair Isaac by 44.5% in the 3rd quarter. KG&L Capital Management LLC now owns 250 shares of the technology company’s stock valued at $486,000 after acquiring an additional 77 shares during the last quarter. National Pension Service lifted its stake in shares of Fair Isaac by 0.8% in the 3rd quarter. National Pension Service now owns 38,674 shares of the technology company’s stock valued at $75,164,000 after acquiring an additional 310 shares during the last quarter. Finally, QRG Capital Management Inc. lifted its stake in shares of Fair Isaac by 13.9% in the 3rd quarter. QRG Capital Management Inc. now owns 327 shares of the technology company’s stock valued at $636,000 after acquiring an additional 40 shares during the last quarter. 85.75% of the stock is currently owned by institutional investors.

Fair Isaac Stock Down 1.4 %

Fair Isaac stock opened at $1,859.28 on Tuesday. Fair Isaac Co. has a 52 week low of $1,105.65 and a 52 week high of $2,402.52. The company’s 50 day moving average price is $1,887.66 and its two-hundred day moving average price is $1,980.16. The stock has a market cap of $45.40 billion, a P/E ratio of 85.33, a P/E/G ratio of 3.27 and a beta of 1.39.

Fair Isaac (NYSE:FICO) last posted 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%. On average, equities analysts anticipate that Fair Isaac Co. will post 24.15 EPS for the current year.

Insiders Place Their Bets

In other news, EVP James M. Wehmann sold 3,500 shares of the firm’s stock in a transaction that occurred on Thursday, December 5th. The shares were 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 owns 45,395 shares in the company, valued at $107,760,920.75. This trade represents a 7.16 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Marc F. Mcmorris sold 520 shares of the firm’s 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 sale, the director now owns 242 shares of the company’s stock, valued at approximately $520,921.94. The trade was a 68.24 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 13,170 shares of company stock valued at $27,132,248 in the last 90 days. 3.46% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the company. Oppenheimer dropped their price target on Fair Isaac from $2,515.00 to $2,409.00 and set an “outperform” rating for the company in a research note on Tuesday, January 7th. Jefferies Financial Group decreased their price objective on Fair Isaac from $2,275.00 to $2,175.00 and set a “buy” rating for the company in a report on Wednesday, February 5th. Robert W. Baird decreased their price target on Fair Isaac from $1,975.00 to $1,775.00 and set a “neutral” rating for the company in a report on Wednesday, February 5th. The Goldman Sachs Group increased their price objective on shares of 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. Finally, JPMorgan Chase & Co. initiated coverage on shares of Fair Isaac in a research report on Friday, December 20th. They issued a “neutral” rating and a $2,150.00 price target on the stock. Four research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $2,088.15.

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.