HighTower Advisors LLC Has $2.97 Million Stock Holdings in Fair Isaac Co. (NYSE:FICO)

HighTower Advisors LLC trimmed its holdings in shares of Fair Isaac Co. (NYSE:FICO) by 1.6% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,491 shares of the technology company’s stock after selling 25 shares during the period. HighTower Advisors LLC’s holdings in Fair Isaac were worth $2,968,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. First National Bank of Omaha acquired a new position in shares of Fair Isaac during the 3rd quarter worth about $1,576,000. National Bank of Canada FI raised its holdings in shares of Fair Isaac by 51.9% in the 3rd quarter. National Bank of Canada FI now owns 19,817 shares of the technology company’s stock valued at $38,514,000 after purchasing an additional 6,768 shares during the period. Donoghue Forlines LLC bought a new stake in shares of Fair Isaac in the 4th quarter valued at about $1,935,000. BNP Paribas bought a new stake in shares of Fair Isaac in the 3rd quarter valued at about $445,000. Finally, Czech National Bank raised its holdings in shares of Fair Isaac by 5.7% in the 4th quarter. Czech National Bank now owns 5,280 shares of the technology company’s stock valued at $10,512,000 after purchasing an additional 286 shares during the period. 85.75% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other Fair Isaac news, CFO Steven P. Weber sold 139 shares of Fair Isaac stock in a transaction on Thursday, January 9th. The shares were sold at an average price of $1,964.42, for a total value of $273,054.38. Following the completion of the sale, the chief financial officer now directly owns 2,478 shares of the company’s stock, valued at approximately $4,867,832.76. The trade was a 5.31 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO William J. Lansing sold 4,092 shares of Fair Isaac stock in a transaction on Tuesday, March 11th. The shares were sold at an average price of $1,727.69, for a total transaction of $7,069,707.48. Following the completion of the sale, the chief executive officer now directly owns 42,138 shares of the company’s stock, valued at approximately $72,801,401.22. This trade represents a 8.85 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 10,241 shares of company stock valued at $18,186,184. Insiders own 3.46% of the company’s stock.

Fair Isaac Price Performance

Shares of Fair Isaac stock opened at $1,857.48 on Friday. Fair Isaac Co. has a fifty-two week low of $1,105.65 and a fifty-two week high of $2,402.52. The firm has a market capitalization of $45.36 billion, a P/E ratio of 85.24, a P/E/G ratio of 3.27 and a beta of 1.41. The company’s 50 day moving average price is $1,835.24 and its two-hundred day moving average price is $1,984.50.

Fair Isaac (NYSE:FICO) last issued its earnings results on Tuesday, February 4th. The technology company reported $4.15 earnings per share for the quarter, missing analysts’ consensus estimates of $6.21 by ($2.06). Fair Isaac had a net margin of 30.66% and a negative return on equity of 53.40%. On average, analysts expect that Fair Isaac Co. will post 24.15 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on FICO shares. UBS Group dropped their target price on shares of Fair Isaac from $2,250.00 to $2,100.00 and set a “neutral” rating on the stock in a report on Monday, January 27th. Oppenheimer dropped their target price on shares of Fair Isaac from $2,515.00 to $2,409.00 and set an “outperform” rating on the stock in a report on Tuesday, January 7th. JPMorgan Chase & Co. started coverage on shares of Fair Isaac in a report on Friday, December 20th. They issued a “neutral” rating and a $2,150.00 target price on the stock. Robert W. Baird lowered their price target on shares of Fair Isaac from $1,975.00 to $1,775.00 and set a “neutral” rating on the stock in a report on Wednesday, February 5th. Finally, Wells Fargo & Company lowered their price target on shares of Fair Isaac from $2,650.00 to $2,600.00 and set an “overweight” rating on the stock in a report on Wednesday, February 5th. Four equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. According to data from MarketBeat, Fair Isaac currently has an average rating of “Moderate Buy” and a consensus target price of $2,088.15.

About Fair Isaac

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.