Fair Isaac Co. (NYSE:FICO) Shares Sold by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC cut its stake in Fair Isaac Co. (NYSE:FICO - Free Report) by 77.8% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,652 shares of the technology company's stock after selling 5,785 shares during the period. Wealth Enhancement Advisory Services LLC's holdings in Fair Isaac were worth $3,288,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently bought and sold shares of the company. Rakuten Securities Inc. raised its stake in shares of Fair Isaac by 160.0% in the fourth quarter. Rakuten Securities Inc. now owns 13 shares of the technology company's stock worth $26,000 after purchasing an additional 8 shares during the last quarter. Pinnacle Holdings LLC acquired a new position in Fair Isaac in the 4th quarter worth approximately $26,000. Avalon Trust Co acquired a new position in Fair Isaac in the 4th quarter worth approximately $40,000. OFI Invest Asset Management purchased a new position in Fair Isaac during the 4th quarter worth approximately $42,000. Finally, Colonial Trust Co SC lifted its stake in Fair Isaac by 71.4% during the 4th quarter. Colonial Trust Co SC now owns 24 shares of the technology company's stock valued at $48,000 after acquiring an additional 10 shares during the period. Hedge funds and other institutional investors own 85.75% of the company's stock.

Fair Isaac Stock Performance

Shares of FICO traded up $3.36 during trading hours on Friday, hitting $1,775.26. 176,306 shares of the stock were exchanged, compared to its average volume of 190,418. The stock's 50-day moving average price is $1,889.21 and its two-hundred day moving average price is $1,936.09. Fair Isaac Co. has a 12-month low of $1,287.99 and a 12-month high of $2,402.52. The company has a market cap of $43.21 billion, a price-to-earnings ratio of 81.47, a price-to-earnings-growth ratio of 3.27 and a beta of 1.29.

Fair Isaac (NYSE:FICO - Get Free Report) last released its earnings results on Tuesday, April 29th. The technology company reported $7.81 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $7.33 by $0.48. The business had revenue of $498.74 million during the quarter, compared to analyst estimates of $500.45 million. Fair Isaac had a net margin of 30.66% and a negative return on equity of 53.40%. The company's revenue for the quarter was up 15.0% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $6.14 earnings per share. On average, research analysts expect that Fair Isaac Co. will post 24.15 earnings per share for the current year.

Analyst Upgrades and Downgrades

FICO has been the topic of a number of research reports. Jefferies Financial Group reiterated a "buy" rating and issued a $2,500.00 price objective (up previously from $2,225.00) on shares of Fair Isaac in a research note on Wednesday, May 14th. Bank of America assumed coverage on shares of Fair Isaac in a report on Thursday, April 10th. They set a "buy" rating and a $2,800.00 target price for the company. Needham & Company LLC lifted their price target on Fair Isaac from $2,500.00 to $2,575.00 and gave the company a "buy" rating in a research note on Monday, May 12th. Barclays lowered their price target on Fair Isaac from $2,350.00 to $2,250.00 and set an "overweight" rating on the stock in a research report on Friday, April 4th. Finally, Robert W. Baird upgraded Fair Isaac from a "neutral" rating to an "outperform" rating and cut their price objective for the company from $2,021.00 to $1,900.00 in a research report on Wednesday, May 28th. Two equities research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $2,304.15.

Insider Buying and Selling at Fair Isaac

In other Fair Isaac news, CEO William J. Lansing sold 5,419 shares of the company's stock in a transaction on Tuesday, May 13th. The stock was sold at an average price of $2,147.97, for a total value of $11,639,849.43. Following the completion of the sale, the chief executive officer now directly owns 42,730 shares in the company, valued at $91,782,758.10. This represents a 11.25% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Marc F. Mcmorris sold 797 shares of Fair Isaac stock in a transaction on Friday, May 9th. The stock was sold at an average price of $2,087.50, for a total value of $1,663,737.50. Following the transaction, the director now owns 242 shares in the company, valued at approximately $505,175. This represents a 76.71% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 17,933 shares of company stock worth $35,250,629. Insiders own 3.46% of the company's stock.

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.