XXEC Inc. Has $5.76 Million Stake in Fair Isaac Co. (NYSE:FICO)

XXEC Inc. cut its stake in Fair Isaac Co. (NYSE:FICO) by 24.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,895 shares of the technology company’s stock after selling 961 shares during the period. Fair Isaac accounts for 4.8% of XXEC Inc.’s portfolio, making the stock its 8th largest position. XXEC Inc.’s holdings in Fair Isaac were worth $5,764,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently added to or reduced their stakes in FICO. Capital Performance Advisors LLP bought a new stake in shares of Fair Isaac in the 3rd quarter valued at approximately $25,000. True Wealth Design LLC increased its stake in Fair Isaac by 900.0% during the third quarter. True Wealth Design LLC now owns 20 shares of the technology company’s stock valued at $39,000 after purchasing an additional 18 shares during the last quarter. Berbice Capital Management LLC acquired a new stake in shares of Fair Isaac during the fourth quarter worth $40,000. Meeder Asset Management Inc. lifted its position in shares of Fair Isaac by 37.5% in the 3rd quarter. Meeder Asset Management Inc. now owns 22 shares of the technology company’s stock worth $43,000 after buying an additional 6 shares during the last quarter. Finally, Versant Capital Management Inc lifted its position in shares of Fair Isaac by 500.0% in the 4th quarter. Versant Capital Management Inc now owns 24 shares of the technology company’s stock worth $48,000 after buying an additional 20 shares during the last quarter. 85.75% of the stock is currently owned by institutional investors.

Fair Isaac Stock Performance

NYSE:FICO opened at $1,877.17 on Wednesday. The stock has a market cap of $45.84 billion, a price-to-earnings ratio of 86.15, a PEG ratio of 3.27 and a beta of 1.39. Fair Isaac Co. has a 1 year low of $1,105.65 and a 1 year high of $2,402.52. The business has a fifty day moving average of $1,883.11 and a 200-day moving average of $1,981.04.

Fair Isaac (NYSE:FICO) last announced its earnings results on Tuesday, February 4th. The technology company reported $4.15 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $6.21 by ($2.06). Fair Isaac had a net margin of 30.66% and a negative return on equity of 53.40%. On average, equities research analysts predict that Fair Isaac Co. will post 24.15 EPS for the current year.

Insider Activity

In other Fair Isaac news, Director Marc F. Mcmorris sold 520 shares of the business’s stock in a transaction dated Tuesday, December 17th. The shares were sold at an average price of $2,152.57, for a total value of $1,119,336.40. Following the sale, the director now directly owns 242 shares in the company, valued at approximately $520,921.94. The trade was a 68.24 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP James M. Wehmann sold 3,000 shares of the company’s stock in a transaction dated Thursday, December 12th. The shares were sold at an average price of $2,195.19, for a total transaction of $6,585,570.00. Following the completion of the sale, the executive vice president now directly owns 51,911 shares of the company’s stock, valued at $113,954,508.09. The trade was a 5.46 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 13,170 shares of company stock worth $27,132,248 over the last three months. Corporate insiders own 3.46% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on FICO. Wells Fargo & Company dropped their price objective on shares of Fair Isaac from $2,650.00 to $2,600.00 and set an “overweight” rating on the stock in a research note on Wednesday, February 5th. JPMorgan Chase & Co. initiated coverage on Fair Isaac in a research report on Friday, December 20th. They set a “neutral” rating and a $2,150.00 price target on the stock. UBS Group cut their price target on Fair Isaac from $2,250.00 to $2,100.00 and set a “neutral” rating on the stock in a report on Monday, January 27th. Jefferies Financial Group lowered their price objective on Fair Isaac from $2,275.00 to $2,175.00 and set a “buy” rating for the company in a research note on Wednesday, February 5th. Finally, Barclays raised their target price on 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. Four equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $2,088.15.

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.