Capstone Investment Advisors LLC Sells 79 Shares of Fair Isaac Co. (NYSE:FICO)

Capstone Investment Advisors LLC reduced its position in Fair Isaac Co. (NYSE:FICO) by 13.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 490 shares of the technology company’s stock after selling 79 shares during the period. Capstone Investment Advisors LLC’s holdings in Fair Isaac were worth $976,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Mechanics Bank Trust Department lifted its stake in shares of Fair Isaac by 5.7% in the fourth quarter. Mechanics Bank Trust Department now owns 112 shares of the technology company’s stock valued at $223,000 after buying an additional 6 shares in the last quarter. Alpha Cubed Investments LLC lifted its position in Fair Isaac by 1.3% in the 4th quarter. Alpha Cubed Investments LLC now owns 473 shares of the technology company’s stock valued at $942,000 after acquiring an additional 6 shares in the last quarter. Resonant Capital Advisors LLC lifted its position in Fair Isaac by 2.0% in the 4th quarter. Resonant Capital Advisors LLC now owns 306 shares of the technology company’s stock valued at $609,000 after acquiring an additional 6 shares in the last quarter. Mather Group LLC. boosted its stake in Fair Isaac by 5.2% during the 4th quarter. Mather Group LLC. now owns 122 shares of the technology company’s stock valued at $243,000 after purchasing an additional 6 shares during the last quarter. Finally, D.A. Davidson & CO. increased its holdings in Fair Isaac by 1.0% during the 4th quarter. D.A. Davidson & CO. now owns 621 shares of the technology company’s stock worth $1,236,000 after purchasing an additional 6 shares in the last quarter. Institutional investors and hedge funds own 85.75% of the company’s stock.

Fair Isaac Trading Up 1.9 %

Fair Isaac stock opened at $2,087.91 on Tuesday. The business’s 50 day simple moving average is $1,861.31 and its 200 day simple moving average is $1,977.76. Fair Isaac Co. has a 12 month low of $1,204.03 and a 12 month high of $2,402.52. The company has a market cap of $50.82 billion, a price-to-earnings ratio of 95.82, a PEG ratio of 3.27 and a beta of 1.40.

Fair Isaac (NYSE:FICO) last issued its quarterly earnings results on Tuesday, April 29th. The technology company reported $7.81 EPS for the quarter, beating analysts’ consensus estimates of $7.33 by $0.48. Fair Isaac had a negative return on equity of 53.40% and a net margin of 30.66%. The firm had revenue of $498.74 million for the quarter, compared to analysts’ expectations of $500.45 million. During the same quarter in the prior year, the firm earned $6.14 EPS. The business’s revenue for the quarter was up 15.0% compared to the same quarter last year. As a group, equities research analysts forecast that Fair Isaac Co. will post 24.15 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Fair Isaac news, CEO William J. Lansing sold 4,092 shares of the stock in a transaction on Tuesday, March 11th. The stock was sold at an average price of $1,727.69, for a total transaction of $7,069,707.48. Following the sale, the chief executive officer now owns 42,138 shares in the company, valued at $72,801,401.22. This represents a 8.85 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Insiders sold 13,058 shares of company stock worth $23,119,030 over the last quarter. 3.46% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several research analysts recently issued reports on the company. Bank of America assumed coverage on Fair Isaac in a research report on Thursday, April 10th. They set a “buy” rating and a $2,800.00 target price on the stock. Barclays cut their price objective on shares of 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. Raymond James increased their target price on shares of Fair Isaac from $2,030.00 to $2,230.00 and gave the company an “outperform” rating in a report on Wednesday, April 30th. Royal Bank of Canada upgraded shares of Fair Isaac from a “sector perform” rating to an “outperform” rating and boosted their price target for the stock from $2,040.00 to $2,170.00 in a report on Wednesday, February 26th. Finally, Jefferies Financial Group decreased their price objective on shares of Fair Isaac from $2,275.00 to $2,175.00 and set a “buy” rating for the company in a research note on Wednesday, February 5th. Three research analysts have rated the stock with a hold rating and ten have given a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $2,277.46.

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.