Fair Isaac Co. (NYSE:FICO) Shares Sold by Los Angeles Capital Management LLC

Los Angeles Capital Management LLC lessened its holdings in shares of Fair Isaac Co. (NYSE:FICO) by 46.5% during the fourth quarter, HoldingsChannel reports. The firm owned 6,007 shares of the technology company’s stock after selling 5,215 shares during the quarter. Los Angeles Capital Management LLC’s holdings in Fair Isaac were worth $6,992,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. First Horizon Advisors Inc. boosted its position in shares of Fair Isaac by 28.1% in the fourth quarter. First Horizon Advisors Inc. now owns 41 shares of the technology company’s stock worth $48,000 after acquiring an additional 9 shares during the last quarter. Johnson Investment Counsel Inc. grew its stake in shares of Fair Isaac by 0.3% during the 3rd quarter. Johnson Investment Counsel Inc. now owns 3,412 shares of the technology company’s stock valued at $2,963,000 after buying an additional 11 shares during the period. KB Financial Partners LLC raised its position in shares of Fair Isaac by 26.2% in the 3rd quarter. KB Financial Partners LLC now owns 53 shares of the technology company’s stock worth $46,000 after buying an additional 11 shares during the period. Huntington National Bank boosted its holdings in Fair Isaac by 14.3% in the third quarter. Huntington National Bank now owns 96 shares of the technology company’s stock valued at $83,000 after acquiring an additional 12 shares during the last quarter. Finally, Alcosta Capital Management Inc. increased its stake 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 worth $2,858,000 after acquiring an additional 12 shares during the last quarter. Institutional investors and hedge funds own 85.75% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently issued reports on the company. Raymond James boosted their target price on Fair Isaac from $1,413.00 to $1,418.00 and gave the stock an “outperform” rating in a report on Friday, April 26th. Barclays raised 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 note on Friday, January 26th. Redburn Atlantic began coverage on Fair Isaac in a report on Tuesday, April 16th. They issued a “neutral” rating and a $1,113.00 price target for the company. Royal Bank of Canada restated a “sector perform” rating and set a $1,350.00 price objective on shares of Fair Isaac in a research note on Friday, January 26th. Finally, Jefferies Financial Group raised their target price on Fair Isaac from $1,210.00 to $1,450.00 and gave the company a “buy” rating in a report on Wednesday, January 17th. One analyst has rated the stock with a sell rating, three have given a hold rating and six have issued a buy rating to the stock. According to MarketBeat, Fair Isaac has an average rating of “Moderate Buy” and a consensus price target of $1,224.40.

Insider Buying and Selling at Fair Isaac

In related news, CEO William J. Lansing sold 8,000 shares of the firm’s stock in a transaction on Tuesday, March 19th. The stock was 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 in the company, valued at $25,300,743.34. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders have sold 24,000 shares of company stock worth $29,011,120 over the last quarter. 3.54% of the stock is owned by corporate insiders.

Fair Isaac Stock Performance

FICO opened at $1,193.01 on Friday. Fair Isaac Co. has a 1-year low of $729.54 and a 1-year high of $1,349.75. The company has a 50-day moving average of $1,226.09 and a 200-day moving average of $1,159.95. The company has a market capitalization of $29.48 billion, a P/E ratio of 62.63, a PEG ratio of 3.21 and a beta of 1.24.

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.