Fair Isaac Corporation $FICO Shares Sold by Tema Etfs LLC

Tema Etfs LLC reduced its stake in shares of Fair Isaac Corporation (NYSE:FICO) by 27.1% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 826 shares of the technology company’s stock after selling 307 shares during the period. Tema Etfs LLC’s holdings in Fair Isaac were worth $1,510,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Edgewood Management LLC acquired a new position in shares of Fair Isaac in the second quarter worth $612,785,000. Norges Bank acquired a new stake in shares of Fair Isaac during the second quarter valued at $365,831,000. Brown Advisory Inc. increased its position in Fair Isaac by 2,047.5% during the 2nd quarter. Brown Advisory Inc. now owns 99,387 shares of the technology company’s stock worth $181,676,000 after purchasing an additional 94,759 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in Fair Isaac by 29.7% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 316,780 shares of the technology company’s stock valued at $584,193,000 after purchasing an additional 72,518 shares during the last quarter. Finally, Nuveen LLC purchased a new position in Fair Isaac in the 1st quarter valued at about $114,864,000. Institutional investors and hedge funds own 85.75% of the company’s stock.

Fair Isaac Stock Up 0.6%

Shares of NYSE FICO opened at $1,772.18 on Friday. The stock has a market capitalization of $42.02 billion, a PE ratio of 66.75, a P/E/G ratio of 1.95 and a beta of 1.29. The firm has a fifty day moving average of $1,695.22 and a 200-day moving average of $1,633.52. Fair Isaac Corporation has a 52-week low of $1,300.00 and a 52-week high of $2,400.00.

Fair Isaac (NYSE:FICO) last issued its earnings results on Thursday, October 30th. The technology company reported $7.74 earnings per share for the quarter, beating analysts’ consensus estimates of $7.36 by $0.38. The firm had revenue of $515.75 million for the quarter, compared to analysts’ expectations of $512.38 million. Fair Isaac had a negative return on equity of 43.97% and a net margin of 32.75%.The firm’s revenue for the quarter was up 13.6% compared to the same quarter last year. During the same quarter last year, the firm earned $6.54 earnings per share. Equities research analysts expect that Fair Isaac Corporation will post 24.15 EPS for the current fiscal year.

Insider Transactions at Fair Isaac

In related news, CEO William J. Lansing sold 2,400 shares of the stock in a transaction that occurred on Monday, November 10th. The shares were sold at an average price of $1,732.88, for a total transaction of $4,158,912.00. Following the completion of the sale, the chief executive officer owned 10,933 shares of the company’s stock, valued at approximately $18,945,577.04. This represents a 18.00% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Over the last three months, insiders have sold 14,422 shares of company stock worth $23,226,939. 3.46% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of equities research analysts have recently commented on FICO shares. Weiss Ratings reiterated a “hold (c+)” rating on shares of Fair Isaac in a report on Monday. Barclays raised their target price on shares of Fair Isaac from $2,000.00 to $2,400.00 and gave the stock an “overweight” rating in a research report on Thursday, October 2nd. Needham & Company LLC reiterated a “buy” rating and issued a $1,950.00 price target on shares of Fair Isaac in a report on Thursday, October 2nd. Wells Fargo & Company raised their price objective on Fair Isaac from $2,300.00 to $2,400.00 and gave the stock an “overweight” rating in a report on Tuesday, October 14th. Finally, BMO Capital Markets dropped their target price on Fair Isaac from $2,300.00 to $2,200.00 and set an “outperform” rating for the company in a research note on Thursday, November 6th. Two analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $2,076.77.

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.