Burns Matteson Capital Management LLC Sells 90 Shares of Fair Isaac Co. (NYSE:FICO)

Burns Matteson Capital Management LLC lessened its stake in shares of Fair Isaac Co. (NYSE:FICO) by 20.0% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 360 shares of the technology company’s stock after selling 90 shares during the period. Burns Matteson Capital Management LLC’s holdings in Fair Isaac were worth $717,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of FICO. GAMMA Investing LLC boosted its position in Fair Isaac by 20.0% during the 3rd quarter. GAMMA Investing LLC now owns 66 shares of the technology company’s stock worth $128,000 after buying an additional 11 shares during the period. CWM LLC lifted its holdings in shares of Fair Isaac by 43.7% during the third quarter. CWM LLC now owns 546 shares of the technology company’s stock worth $1,061,000 after purchasing an additional 166 shares during the period. Livforsakringsbolaget Skandia Omsesidigt grew its stake in shares of Fair Isaac by 293.3% in the third quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 236 shares of the technology company’s stock worth $459,000 after purchasing an additional 176 shares during the last quarter. Valeo Financial Advisors LLC acquired a new stake in Fair Isaac in the third quarter valued at $257,000. Finally, Mechanics Bank Trust Department bought a new position in Fair Isaac during the 3rd quarter worth $206,000. 85.75% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other Fair Isaac news, Director Marc F. Mcmorris sold 520 shares of the firm’s stock in a transaction 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 transaction, the director now directly owns 242 shares in the company, valued at approximately $520,921.94. This trade represents a 68.24 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Steven P. Weber sold 139 shares of the company’s stock in a transaction on 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 completion of the sale, the chief financial officer now owns 2,478 shares of the company’s stock, valued at approximately $4,867,832.76. The trade was a 5.31 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 10,660 shares of company stock worth $24,410,261 over the last three months. 3.46% of the stock is currently owned by insiders.

Fair Isaac Price Performance

Shares of Fair Isaac stock opened at $1,858.97 on Monday. The business has a 50-day simple moving average of $2,018.44 and a 200 day simple moving average of $1,964.49. The firm has a market capitalization of $45.40 billion, a price-to-earnings ratio of 85.31, a PEG ratio of 3.61 and a beta of 1.39. Fair Isaac Co. has a one year low of $1,105.65 and a one year high of $2,402.51.

Fair Isaac (NYSE:FICO) last issued its 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%. On average, sell-side analysts expect that Fair Isaac Co. will post 23.91 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research firms have commented on FICO. JPMorgan Chase & Co. started coverage on 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. Jefferies Financial Group decreased their target price on shares of Fair Isaac from $2,275.00 to $2,175.00 and set a “buy” rating for the company in a research report on Wednesday, February 5th. The Goldman Sachs Group upped their price objective on shares of Fair Isaac from $2,374.00 to $2,661.00 and gave the company a “buy” rating in a research note on Thursday, December 5th. Robert W. Baird lowered their target price on shares of Fair Isaac from $1,975.00 to $1,775.00 and set a “neutral” rating for the company in a research note on Wednesday, February 5th. Finally, Wells Fargo & Company dropped their target price on shares of Fair Isaac from $2,650.00 to $2,600.00 and set an “overweight” rating on the stock in a report on Wednesday, February 5th. Five research analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $2,078.15.

Fair Isaac 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.