Fair Isaac Co. (NYSE:FICO) Stock Position Lowered by CENTRAL TRUST Co

CENTRAL TRUST Co lessened its position in Fair Isaac Co. (NYSE:FICO) by 5.4% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 193 shares of the technology company’s stock after selling 11 shares during the quarter. CENTRAL TRUST Co’s holdings in Fair Isaac were worth $384,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in FICO. Heritage Family Offices LLP raised its holdings in shares of Fair Isaac by 2.0% during the 3rd quarter. Heritage Family Offices LLP now owns 256 shares of the technology company’s stock valued at $498,000 after purchasing an additional 5 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. raised its holdings in shares of Fair Isaac by 5.7% during the 3rd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 111 shares of the technology company’s stock valued at $216,000 after purchasing an additional 6 shares in the last quarter. Moss Adams Wealth Advisors LLC raised its holdings in shares of Fair Isaac by 4.0% during the 3rd quarter. Moss Adams Wealth Advisors LLC now owns 155 shares of the technology company’s stock valued at $301,000 after purchasing an additional 6 shares in the last quarter. Covestor Ltd raised its holdings in shares of Fair Isaac by 30.0% during the 3rd quarter. Covestor Ltd now owns 26 shares of the technology company’s stock valued at $52,000 after purchasing an additional 6 shares in the last quarter. Finally, Meeder Asset Management Inc. raised its holdings in shares of Fair Isaac by 37.5% during the 3rd quarter. Meeder Asset Management Inc. now owns 22 shares of the technology company’s stock valued at $43,000 after purchasing an additional 6 shares in the last quarter. Hedge funds and other institutional investors own 85.75% of the company’s stock.

Insider Activity at Fair Isaac

In other Fair Isaac news, Director Henry Tayloe Stansbury sold 249 shares of the business’s stock in a transaction dated Monday, November 11th. The shares were sold at an average price of $2,338.55, for a total value of $582,298.95. Following the completion of the transaction, the director now directly owns 92 shares of the company’s stock, valued at approximately $215,146.60. The trade was a 73.02 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Thomas A. Bowers sold 2,680 shares of the business’s stock in a transaction dated Monday, November 11th. The stock was sold at an average price of $2,338.21, for a total transaction of $6,266,402.80. Following the completion of the transaction, the executive vice president now directly owns 5,769 shares of the company’s stock, valued at approximately $13,489,133.49. This represents a 31.72 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 13,589 shares of company stock valued at $31,258,963 in the last ninety days. Insiders own 3.46% of the company’s stock.

Analyst Upgrades and Downgrades

FICO has been the topic of a number of recent research reports. The Goldman Sachs Group raised their price target on shares of Fair Isaac from $2,374.00 to $2,661.00 and gave the company a “buy” rating in a report on Thursday, December 5th. Jefferies Financial Group raised their target price on shares of Fair Isaac from $2,250.00 to $2,275.00 and gave the company a “buy” rating in a research note on Wednesday, January 15th. Barclays raised their target price on shares of Fair Isaac from $2,150.00 to $2,350.00 and gave the company an “overweight” rating in a research note on Thursday, November 7th. Needham & Company LLC raised their target price on shares of Fair Isaac from $1,850.00 to $2,500.00 and gave the company a “buy” rating in a research note on Thursday, November 7th. Finally, UBS Group lowered their target price on shares of Fair Isaac from $2,250.00 to $2,100.00 and set a “neutral” rating on the stock in a research note on Monday, January 27th. Five analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $2,087.77.

Fair Isaac Stock Performance

NYSE:FICO opened at $1,809.87 on Wednesday. The company has a 50-day moving average of $2,048.56 and a 200-day moving average of $1,959.08. The company has a market capitalization of $44.23 billion, a price-to-earnings ratio of 88.50, a PEG ratio of 3.45 and a beta of 1.39. Fair Isaac Co. has a 52 week low of $1,105.65 and a 52 week high of $2,402.51.

Fair Isaac (NYSE:FICO) last released its quarterly earnings data 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 negative return on equity of 59.47% and a net margin of 29.86%. Sell-side analysts forecast that Fair Isaac Co. will post 24.88 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.