Mitchell & Pahl Private Wealth LLC Has $1.65 Million Stock Position in Fair Isaac Co. (NYSE:FICO)

Mitchell & Pahl Private Wealth LLC lowered its position in shares of Fair Isaac Co. (NYSE:FICO - Free Report) by 23.4% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 892 shares of the technology company's stock after selling 273 shares during the quarter. Mitchell & Pahl Private Wealth LLC's holdings in Fair Isaac were worth $1,645,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of FICO. Arlington Financial Advisors LLC increased its holdings in shares of Fair Isaac by 100.9% in the first quarter. Arlington Financial Advisors LLC now owns 452 shares of the technology company's stock worth $834,000 after acquiring an additional 227 shares in the last quarter. LVW Advisors LLC raised its holdings in Fair Isaac by 5.8% during the 1st quarter. LVW Advisors LLC now owns 257 shares of the technology company's stock worth $474,000 after buying an additional 14 shares during the period. Czech National Bank lifted its stake in Fair Isaac by 6.2% in the first quarter. Czech National Bank now owns 5,608 shares of the technology company's stock valued at $10,342,000 after buying an additional 328 shares in the last quarter. Rhumbline Advisers boosted its holdings in shares of Fair Isaac by 3.7% in the first quarter. Rhumbline Advisers now owns 51,873 shares of the technology company's stock valued at $95,662,000 after buying an additional 1,867 shares during the period. Finally, Parallel Advisors LLC boosted its holdings in shares of Fair Isaac by 5.2% in the first quarter. Parallel Advisors LLC now owns 522 shares of the technology company's stock valued at $962,000 after buying an additional 26 shares during the period. 85.75% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Fair Isaac

In related news, EVP Thomas A. Bowers sold 4,077 shares of the business's stock in a transaction on Friday, May 2nd. The stock was sold at an average price of $2,057.05, for a total transaction of $8,386,592.85. Following the sale, the executive vice president now owns 9,974 shares in the company, valued at $20,517,016.70. The trade was a 29.02% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO William J. Lansing sold 4,092 shares of the stock in a transaction dated Tuesday, March 11th. The shares were sold at an average price of $1,727.69, for a total value of $7,069,707.48. Following the completion of the transaction, the chief executive officer now owns 42,138 shares of the company's stock, valued at $72,801,401.22. This represents a 8.85% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 17,933 shares of company stock worth $35,250,629 over the last quarter. Corporate insiders own 3.46% of the company's stock.

Fair Isaac Price Performance

FICO stock traded up $15.32 during midday trading on Wednesday, reaching $1,756.87. The company had a trading volume of 193,412 shares, compared to its average volume of 236,382. Fair Isaac Co. has a 1-year low of $1,287.99 and a 1-year high of $2,402.51. The stock has a 50 day moving average price of $1,894.10 and a 200-day moving average price of $1,949.73. The company has a market capitalization of $42.77 billion, a price-to-earnings ratio of 80.63, a price-to-earnings-growth ratio of 3.27 and a beta of 1.40.

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

Wall Street Analyst Weigh In

FICO has been the topic of several research reports. Royal Bank of Canada raised shares of Fair Isaac from a "sector perform" rating to an "outperform" rating and boosted their price objective for the company from $2,040.00 to $2,170.00 in a research report on Wednesday, February 26th. Robert W. Baird raised Fair Isaac from a "neutral" rating to an "outperform" rating and dropped their target price for the company from $2,021.00 to $1,900.00 in a research report on Wednesday, May 28th. Raymond James reaffirmed an "outperform" rating on shares of Fair Isaac in a research report on Wednesday, May 21st. Jefferies Financial Group reaffirmed a "buy" rating and set a $2,500.00 price target (up from $2,225.00) on shares of Fair Isaac in a research note on Wednesday, May 14th. Finally, Wells Fargo & Company cut 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 report on Wednesday, February 5th. Two equities research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $2,304.15.

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.