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

Geneva Capital Management LLC reduced its stake in Fair Isaac Co. (NYSE:FICO - Free Report) by 43.0% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 101,287 shares of the technology company's stock after selling 76,301 shares during the period. Fair Isaac makes up approximately 2.2% of Geneva Capital Management LLC's portfolio, making the stock its 11th biggest position. Geneva Capital Management LLC owned about 0.41% of Fair Isaac worth $117,899,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently bought and sold shares of the stock. First Horizon Advisors Inc. increased its holdings in Fair Isaac by 28.1% during the 4th quarter. First Horizon Advisors Inc. now owns 41 shares of the technology company's stock worth $48,000 after purchasing an additional 9 shares during the period. Johnson Investment Counsel Inc. lifted its stake in Fair Isaac by 0.3% in the third quarter. Johnson Investment Counsel Inc. now owns 3,412 shares of the technology company's stock worth $2,963,000 after acquiring an additional 11 shares during the last quarter. KB Financial Partners LLC grew its holdings in Fair Isaac by 26.2% during the 3rd quarter. KB Financial Partners LLC now owns 53 shares of the technology company's stock worth $46,000 after acquiring an additional 11 shares in the last quarter. Lincoln National Corp raised its holdings in shares of Fair Isaac by 2.8% in the 4th quarter. Lincoln National Corp now owns 399 shares of the technology company's stock valued at $464,000 after purchasing an additional 11 shares in the last quarter. Finally, Huntington National Bank lifted its position in shares of Fair Isaac by 14.3% during the 3rd quarter. Huntington National Bank now owns 96 shares of the technology company's stock worth $83,000 after purchasing an additional 12 shares during the last quarter. Institutional investors and hedge funds own 85.75% of the company's stock.

Wall Street Analysts Forecast Growth

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

Fair Isaac Stock Up 2.8 %

FICO stock traded up $35.34 during trading on Thursday, hitting $1,286.78. The company had a trading volume of 200,871 shares, compared to its average volume of 175,232. Fair Isaac Co. has a 1-year low of $739.61 and a 1-year high of $1,349.75. The firm has a 50-day moving average price of $1,223.96 and a 200-day moving average price of $1,166.87. The firm has a market cap of $31.80 billion, a PE ratio of 65.60, a price-to-earnings-growth ratio of 3.21 and a beta of 1.24.

Insider Transactions at Fair Isaac

In other news, CEO William J. Lansing sold 8,000 shares of the stock in a transaction that occurred 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 completion of 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 document filed with the SEC, which is accessible through this link. Insiders sold 24,000 shares of company stock worth $29,011,120 over the last 90 days. 3.54% of the stock is currently owned by insiders.

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.

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