MGO One Seven LLC Sells 31 Shares of Fair Isaac Co. (NYSE:FICO)

MGO One Seven LLC lessened its stake in shares of Fair Isaac Co. (NYSE:FICO) by 17.1% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 150 shares of the technology company’s stock after selling 31 shares during the quarter. MGO One Seven LLC’s holdings in Fair Isaac were worth $299,000 as of its most recent filing with the SEC.

Other large investors also recently made changes to their positions in the company. Rakuten Securities Inc. boosted its stake in shares of Fair Isaac by 160.0% during the 4th quarter. Rakuten Securities Inc. now owns 13 shares of the technology company’s stock worth $26,000 after acquiring an additional 8 shares in the last quarter. Pinnacle Holdings LLC bought a new stake in shares of Fair Isaac during the 4th quarter worth about $26,000. Berbice Capital Management LLC bought a new stake in shares of Fair Isaac during the 4th quarter worth about $40,000. Avalon Trust Co bought a new stake in shares of Fair Isaac during the 4th quarter worth about $40,000. Finally, OFI Invest Asset Management bought a new stake in shares of Fair Isaac during the 4th quarter worth about $42,000. Institutional investors own 85.75% of the company’s stock.

Analysts Set New Price Targets

FICO has been the subject of several recent analyst reports. Jefferies Financial Group decreased their target price on 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. UBS Group decreased their target price on Fair Isaac from $2,250.00 to $2,100.00 and set a “neutral” rating for the company in a research note on Monday, January 27th. Oppenheimer decreased their target price on Fair Isaac from $2,515.00 to $2,409.00 and set an “outperform” rating for the company in a research note on Tuesday, January 7th. Bank of America began coverage on Fair Isaac in a research report on Thursday, April 10th. They issued a “buy” rating and a $2,800.00 price objective for the company. Finally, Needham & Company LLC restated a “buy” rating and issued a $2,500.00 target price on shares of Fair Isaac in a research note on Friday, April 11th. Three equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $2,276.25.

Fair Isaac Stock Performance

Shares of NYSE:FICO opened at $1,950.51 on Wednesday. Fair Isaac Co. has a 52 week low of $1,131.03 and a 52 week high of $2,402.52. The company’s fifty day moving average is $1,840.79 and its 200-day moving average is $1,978.31. The company has a market capitalization of $47.63 billion, a PE ratio of 89.51, a P/E/G ratio of 3.27 and a beta of 1.37.

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

Insider Activity

In related news, CEO William J. Lansing sold 6,010 shares of the company’s stock in a transaction dated Tuesday, February 11th. The shares were sold at an average price of $1,804.23, for a total transaction of $10,843,422.30. Following the transaction, the chief executive officer now owns 42,138 shares in the company, valued at $76,026,643.74. This represents a 12.48 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In the last quarter, insiders have sold 13,058 shares of company stock worth $23,119,030. Corporate insiders own 3.46% of the company’s stock.

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.