CoreCap Advisors LLC Has $452,000 Stake in Fair Isaac Co. (NYSE:FICO)

CoreCap Advisors LLC lowered its stake in Fair Isaac Co. (NYSE:FICO - Free Report) by 64.8% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 227 shares of the technology company's stock after selling 418 shares during the period. CoreCap Advisors LLC's holdings in Fair Isaac were worth $452,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the stock. Vanguard Group Inc. boosted its position in Fair Isaac by 0.8% during the fourth quarter. Vanguard Group Inc. now owns 2,903,694 shares of the technology company's stock worth $5,781,051,000 after purchasing an additional 22,178 shares during the period. JPMorgan Chase & Co. raised its position in shares of Fair Isaac by 0.8% in the fourth quarter. JPMorgan Chase & Co. now owns 678,613 shares of the technology company's stock valued at $1,351,073,000 after purchasing an additional 5,371 shares during the period. Geode Capital Management LLC lifted its stake in shares of Fair Isaac by 2.7% in the fourth quarter. Geode Capital Management LLC now owns 663,035 shares of the technology company's stock worth $1,318,630,000 after buying an additional 17,656 shares during the last quarter. Jennison Associates LLC boosted its holdings in shares of Fair Isaac by 5.4% during the 4th quarter. Jennison Associates LLC now owns 254,282 shares of the technology company's stock worth $506,257,000 after buying an additional 13,133 shares during the period. Finally, Northern Trust Corp grew its stake in Fair Isaac by 20.1% in the 4th quarter. Northern Trust Corp now owns 254,201 shares of the technology company's stock valued at $506,096,000 after buying an additional 42,588 shares during the last quarter. Institutional investors own 85.75% of the company's stock.

Fair Isaac Stock Performance

NYSE:FICO opened at $2,089.01 on Friday. The company has a market capitalization of $50.85 billion, a price-to-earnings ratio of 95.87, a PEG ratio of 3.27 and a beta of 1.40. The company has a 50-day moving average of $1,879.31 and a 200-day moving average of $1,980.24. Fair Isaac Co. has a 52 week low of $1,266.72 and a 52 week high of $2,402.52.

Fair Isaac (NYSE:FICO - Get Free Report) last released its quarterly earnings data on Tuesday, April 29th. The technology company reported $7.81 earnings per share for the quarter, beating analysts' consensus estimates of $7.33 by $0.48. The company had revenue of $498.74 million for the quarter, compared to the consensus estimate of $500.45 million. Fair Isaac had a negative return on equity of 53.40% and a net margin of 30.66%. The company's quarterly revenue was up 15.0% on a year-over-year basis. During the same period in the previous year, the business earned $6.14 earnings per share. Sell-side analysts forecast that Fair Isaac Co. will post 24.15 EPS for the current year.

Insiders Place Their Bets

In other news, EVP Thomas A. Bowers sold 4,077 shares of the firm's stock in a transaction that occurred on Friday, May 2nd. The shares were sold at an average price of $2,057.05, for a total transaction of $8,386,592.85. Following the completion of the sale, the executive vice president now owns 9,974 shares of the company's stock, valued at approximately $20,517,016.70. This trade represents a 29.02 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO William J. Lansing sold 6,010 shares of the business's stock in a transaction that occurred on Tuesday, February 11th. The stock was sold at an average price of $1,804.23, for a total value of $10,843,422.30. Following the completion of the transaction, the chief executive officer now directly owns 42,138 shares in the company, valued at $76,026,643.74. The trade was a 12.48 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 17,135 shares of company stock worth $31,505,623 over the last three months. 3.46% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

FICO has been the topic of several research analyst reports. Robert W. Baird raised their price target on Fair Isaac from $1,775.00 to $1,837.00 and gave the company a "neutral" rating in a research report on Wednesday, April 30th. Barclays lowered their target price on Fair Isaac from $2,350.00 to $2,250.00 and set an "overweight" rating on the stock in a report on Friday, April 4th. Wells Fargo & Company cut their price target on Fair Isaac from $2,650.00 to $2,600.00 and set an "overweight" rating for the company in a report on Wednesday, February 5th. Jefferies Financial Group lowered their price objective on shares of Fair Isaac from $2,275.00 to $2,175.00 and set a "buy" rating on the stock in a research note on Wednesday, February 5th. Finally, UBS Group cut their target price on shares of Fair Isaac from $2,250.00 to $2,100.00 and set a "neutral" rating for the company in a research note on Monday, January 27th. Three investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the company's stock. Based on data from MarketBeat.com, Fair Isaac presently has a consensus rating of "Moderate Buy" and a consensus price target of $2,268.54.

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.

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