Fair Isaac Co. (NYSE:FICO) Shares Sold by Berger Financial Group Inc

Berger Financial Group Inc decreased its holdings in Fair Isaac Co. (NYSE:FICO) by 0.2% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 2,649 shares of the technology company’s stock after selling 6 shares during the quarter. Berger Financial Group Inc’s holdings in Fair Isaac were worth $5,274,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Aquatic Capital Management LLC bought a new position in shares of Fair Isaac during the fourth quarter worth about $11,601,000. Johnson Financial Group Inc. raised its position in shares of Fair Isaac by 271.4% during the 4th quarter. Johnson Financial Group Inc. now owns 52 shares of the technology company’s stock valued at $97,000 after acquiring an additional 38 shares in the last quarter. Boothbay Fund Management LLC lifted its stake in Fair Isaac by 298.2% during the fourth quarter. Boothbay Fund Management LLC now owns 434 shares of the technology company’s stock worth $864,000 after purchasing an additional 325 shares during the last quarter. Three Seasons Wealth LLC acquired a new stake in shares of Fair Isaac during the fourth quarter worth $2,302,000. Finally, Nebula Research & Development LLC bought a new position in shares of Fair Isaac in the 4th quarter worth about $2,540,000. Hedge funds and other institutional investors own 85.75% of the company’s stock.

Fair Isaac Stock Up 0.8 %

NYSE:FICO opened at $1,952.85 on Friday. Fair Isaac Co. has a 52-week low of $1,112.65 and a 52-week high of $2,402.52. The business’s 50-day moving average price is $1,832.51 and its 200 day moving average price is $1,979.14. The firm has a market cap of $47.68 billion, a P/E ratio of 89.62, a PEG ratio of 3.27 and a beta of 1.37.

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 negative return on equity of 53.40% and a net margin of 30.66%. Sell-side analysts expect that Fair Isaac Co. will post 24.15 EPS for the current year.

Insider Activity at Fair Isaac

In other news, CEO William J. Lansing sold 2,956 shares of Fair Isaac stock in a transaction that occurred on Tuesday, April 8th. The shares were sold at an average price of $1,761.13, for a total value of $5,205,900.28. Following the transaction, the chief executive officer now directly owns 42,138 shares of the company’s stock, valued at $74,210,495.94. This trade represents a 6.56 % 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 in the last quarter. 3.46% of the stock is owned by company insiders.

Analyst Ratings Changes

A number of brokerages have issued reports on FICO. Bank of America initiated coverage on shares of Fair Isaac in a report on Thursday, April 10th. They issued a “buy” rating and a $2,800.00 target price on the stock. Jefferies Financial Group dropped their target price on Fair Isaac from $2,275.00 to $2,175.00 and set a “buy” rating on the stock in a research report on Wednesday, February 5th. Barclays lowered their price target on shares of Fair Isaac from $2,350.00 to $2,250.00 and set an “overweight” rating for the company in a research report on Friday, April 4th. Wells Fargo & Company dropped 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 research note on Wednesday, February 5th. Finally, UBS Group lowered their target price on Fair Isaac from $2,250.00 to $2,100.00 and set a “neutral” rating on the stock in a research report on Monday, January 27th. Three investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $2,276.25.

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.