Fair Isaac Co. (NYSE:FICO) Stock Position Lowered by LVW Advisors LLC

LVW Advisors LLC reduced its position in shares of Fair Isaac Co. (NYSE:FICO) by 55.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 243 shares of the technology company’s stock after selling 299 shares during the quarter. LVW Advisors LLC’s holdings in Fair Isaac were worth $484,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Mercer Global Advisors Inc. ADV boosted its position in Fair Isaac by 5.8% during the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 779 shares of the technology company’s stock worth $1,159,000 after acquiring an additional 43 shares during the period. Summit Trail Advisors LLC acquired a new stake in shares of Fair Isaac during the second quarter worth approximately $284,000. Profund Advisors LLC grew its position in Fair Isaac by 6.1% during the second quarter. Profund Advisors LLC now owns 524 shares of the technology company’s stock valued at $780,000 after purchasing an additional 30 shares in the last quarter. ProShare Advisors LLC increased its stake in Fair Isaac by 6.8% in the 2nd quarter. ProShare Advisors LLC now owns 4,540 shares of the technology company’s stock valued at $6,759,000 after buying an additional 288 shares during the period. Finally, Fidelis Capital Partners LLC lifted its position in Fair Isaac by 5.3% in the 2nd quarter. Fidelis Capital Partners LLC now owns 276 shares of the technology company’s stock worth $411,000 after buying an additional 14 shares in the last quarter. Hedge funds and other institutional investors own 85.75% of the company’s stock.

Insider Transactions at Fair Isaac

In related news, CFO Steven P. Weber sold 139 shares of Fair Isaac stock in a transaction dated Thursday, January 9th. The stock was sold at an average price of $1,964.42, for a total transaction of $273,054.38. Following the sale, the chief financial officer now directly owns 2,478 shares of the company’s stock, valued at $4,867,832.76. This trade represents a 5.31 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Henry Tayloe Stansbury sold 249 shares of the company’s stock in a transaction that occurred on 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. This trade represents a 73.02 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 13,589 shares of company stock worth $31,258,963. Insiders own 3.54% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on the stock. UBS Group assumed coverage on shares of Fair Isaac in a research note on Tuesday, October 1st. They issued a “neutral” rating and a $2,100.00 price target on the stock. Oppenheimer reduced their price target on 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 restated a “sector perform” rating and issued a $2,040.00 price objective on shares of Fair Isaac in a report on Thursday, November 7th. Jefferies Financial Group lifted 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. Finally, JPMorgan Chase & Co. assumed coverage on shares of Fair Isaac in a research note on Friday, December 20th. They set a “neutral” rating and a $2,150.00 price target on the stock. Five analysts have rated the stock with a hold rating and eight have given a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $2,087.77.

Fair Isaac Stock Down 3.7 %

Shares of NYSE:FICO opened at $1,897.10 on Tuesday. The business has a 50 day moving average price of $2,152.86 and a 200 day moving average price of $1,937.65. The company has a market cap of $46.19 billion, a price-to-earnings ratio of 92.77, a PEG ratio of 3.55 and a beta of 1.40. Fair Isaac Co. has a twelve month low of $1,105.65 and a twelve month high of $2,402.51.

About Fair Isaac

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.