Yousif Capital Management LLC Trims Stock Position in Fair Isaac Co. (NYSE:FICO)

Yousif Capital Management LLC lowered its position in shares of Fair Isaac Co. (NYSE:FICO) by 16.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,662 shares of the technology company’s stock after selling 709 shares during the period. Yousif Capital Management LLC’s holdings in Fair Isaac were worth $4,263,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of the company. Johnson Investment Counsel Inc. lifted its position in Fair Isaac by 0.3% during the third quarter. Johnson Investment Counsel Inc. now owns 3,412 shares of the technology company’s stock valued at $2,963,000 after purchasing an additional 11 shares during the last quarter. KB Financial Partners LLC lifted its position in Fair Isaac by 26.2% during the third quarter. KB Financial Partners LLC now owns 53 shares of the technology company’s stock valued at $46,000 after purchasing an additional 11 shares during the last quarter. Huntington National Bank lifted its position in Fair Isaac by 14.3% during the third quarter. Huntington National Bank now owns 96 shares of the technology company’s stock valued at $83,000 after purchasing an additional 12 shares during the last quarter. Alcosta Capital Management Inc. lifted its position in Fair Isaac by 0.4% during the third quarter. Alcosta Capital Management Inc. now owns 3,291 shares of the technology company’s stock valued at $2,858,000 after purchasing an additional 12 shares during the last quarter. Finally, CWM LLC lifted its position in Fair Isaac by 8.1% during the third quarter. CWM LLC now owns 174 shares of the technology company’s stock valued at $151,000 after purchasing an additional 13 shares during the last quarter. Hedge funds and other institutional investors own 85.75% of the company’s stock.

Fair Isaac Stock Down 6.9 %

NYSE:FICO opened at $1,110.85 on Friday. The company has a fifty day moving average of $1,237.78 and a 200 day moving average of $1,149.19. Fair Isaac Co. has a 52 week low of $714.63 and a 52 week high of $1,349.75. The firm has a market capitalization of $27.60 billion, a P/E ratio of 58.31, a P/E/G ratio of 2.65 and a beta of 1.21.

Fair Isaac (NYSE:FICO) last posted its quarterly earnings results on Thursday, January 25th. The technology company reported $3.87 EPS for the quarter, beating analysts’ consensus estimates of $3.76 by $0.11. Fair Isaac had a net margin of 29.99% and a negative return on equity of 62.94%. The company had revenue of $382.06 million during the quarter, compared to analyst estimates of $386.55 million. As a group, analysts anticipate that Fair Isaac Co. will post 19.93 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on FICO shares. Barclays lifted their target price on shares of Fair Isaac from $1,234.00 to $1,500.00 and gave the company an “overweight” rating in a research report on Friday, January 26th. Redburn Atlantic assumed coverage on shares of Fair Isaac in a report on Tuesday, April 16th. They issued a “neutral” rating and a $1,113.00 price objective for the company. Jefferies Financial Group boosted their price objective on shares of Fair Isaac from $1,210.00 to $1,450.00 and gave the stock a “buy” rating in a report on Wednesday, January 17th. Royal Bank of Canada restated a “sector perform” rating and issued a $1,350.00 price objective on shares of Fair Isaac in a report on Friday, January 26th. Finally, Needham & Company LLC restated a “buy” rating and issued a $1,500.00 price objective on shares of Fair Isaac in a report on Monday, April 22nd. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat.com, Fair Isaac currently has a consensus rating of “Moderate Buy” and an average target price of $1,182.09.

Insider Buying and Selling at Fair Isaac

In other Fair Isaac news, CEO William J. Lansing sold 8,000 shares of the business’s stock in a transaction on Tuesday, March 19th. The shares were sold at an average price of $1,225.93, for a total transaction of $9,807,440.00. Following the transaction, the chief executive officer now directly owns 20,638 shares of the company’s stock, valued at approximately $25,300,743.34. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In the last ninety days, insiders have sold 24,000 shares of company stock valued at $29,011,120. 3.54% of the stock is currently owned by company insiders.

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.