Brown Advisory Inc. Sells 3,104 Shares of Fair Isaac Co. (NYSE:FICO)

Brown Advisory Inc. decreased its holdings in Fair Isaac Co. (NYSE:FICO) by 33.5% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 6,157 shares of the technology company’s stock after selling 3,104 shares during the quarter. Brown Advisory Inc.’s holdings in Fair Isaac were worth $12,258,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Vanguard Group Inc. raised its holdings in shares of Fair Isaac by 0.8% in the fourth quarter. Vanguard Group Inc. now owns 2,903,694 shares of the technology company’s stock valued at $5,781,051,000 after buying an additional 22,178 shares during the last quarter. JPMorgan Chase & Co. lifted its position in shares of Fair Isaac by 0.8% during the fourth quarter. JPMorgan Chase & Co. now owns 678,613 shares of the technology company’s stock worth $1,351,073,000 after purchasing an additional 5,371 shares in the last quarter. Geode Capital Management LLC grew its stake in shares of Fair Isaac by 2.7% during the fourth quarter. Geode Capital Management LLC now owns 663,035 shares of the technology company’s stock valued at $1,318,630,000 after purchasing an additional 17,656 shares during the last quarter. Principal Financial Group Inc. increased its holdings in shares of Fair Isaac by 0.5% in the third quarter. Principal Financial Group Inc. now owns 372,582 shares of the technology company’s stock valued at $724,122,000 after purchasing an additional 1,977 shares in the last quarter. Finally, Jennison Associates LLC raised its position in Fair Isaac by 5.4% in the 4th quarter. Jennison Associates LLC now owns 254,282 shares of the technology company’s stock worth $506,257,000 after purchasing an additional 13,133 shares during the last quarter. Institutional investors and hedge funds own 85.75% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have commented on the company. Raymond James increased their price objective on Fair Isaac from $2,030.00 to $2,230.00 and gave the company an “outperform” rating in a research report on Wednesday, April 30th. UBS Group lowered their price objective on Fair Isaac from $2,250.00 to $2,100.00 and set a “neutral” rating for the company in a research report on Monday, January 27th. Needham & Company LLC restated a “buy” rating and set a $2,500.00 target price on shares of Fair Isaac in a research report on Wednesday, April 30th. Barclays reduced their target price on shares of Fair Isaac from $2,350.00 to $2,250.00 and set an “overweight” rating on the stock in a research note on Friday, April 4th. Finally, Jefferies Financial Group dropped their price target 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 equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $2,277.46.

Insider Activity

In other news, CEO William J. Lansing sold 2,956 shares of the company’s stock in a transaction dated Tuesday, April 8th. The stock was sold at an average price of $1,761.13, for a total transaction of $5,205,900.28. Following the completion of the transaction, the chief executive officer now directly owns 42,138 shares of the company’s stock, valued at $74,210,495.94. This represents a 6.56 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Thomas A. Bowers sold 4,077 shares of Fair Isaac 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 value of $8,386,592.85. Following the completion of the sale, the executive vice president now directly owns 9,974 shares in the company, valued at approximately $20,517,016.70. This represents a 29.02 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 17,135 shares of company stock worth $31,505,623 in the last 90 days. Corporate insiders own 3.46% of the company’s stock.

Fair Isaac Stock Performance

Shares of NYSE:FICO opened at $2,059.07 on Wednesday. The company has a 50 day moving average price of $1,865.79 and a two-hundred day moving average price of $1,978.33. The company has a market capitalization of $50.12 billion, a PE ratio of 94.50, a PEG ratio of 3.27 and a beta of 1.40. Fair Isaac Co. has a 52 week low of $1,229.29 and a 52 week high of $2,402.52.

Fair Isaac (NYSE:FICO) last issued its quarterly earnings data on Tuesday, April 29th. The technology company reported $7.81 EPS for the quarter, topping the consensus estimate 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 business had revenue of $498.74 million for the quarter, compared to the consensus estimate of $500.45 million. During the same quarter last year, the business posted $6.14 EPS. The firm’s revenue was up 15.0% compared to the same quarter last year. On average, sell-side analysts forecast that Fair Isaac Co. will post 24.15 earnings per share for the current year.

Fair Isaac Company 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.