Wealthspire Advisors LLC Has $1.86 Million Position in Fair Isaac Co. (NYSE:FICO)

Wealthspire Advisors LLC lowered its holdings in Fair Isaac Co. (NYSE:FICO) by 10.9% in the 4th quarter, HoldingsChannel.com reports. The firm owned 1,595 shares of the technology company’s stock after selling 195 shares during the quarter. Wealthspire Advisors LLC’s holdings in Fair Isaac were worth $1,857,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the company. E Fund Management Co. Ltd. purchased a new position in shares of Fair Isaac in the 4th quarter worth about $246,000. Pinnacle Wealth Management Advisory Group LLC purchased a new position in shares of Fair Isaac in the 4th quarter worth about $201,000. Everpar Advisors LLC purchased a new position in shares of Fair Isaac in the 4th quarter worth about $562,000. Barlow Wealth Partners Inc. bought a new stake in Fair Isaac in the 4th quarter valued at about $6,251,000. Finally, Palisade Asset Management LLC bought a new stake in Fair Isaac in the 4th quarter valued at about $233,000. 85.75% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on the company. Needham & Company LLC restated a “buy” rating and issued a $1,500.00 price objective on shares of Fair Isaac in a research note on Monday, April 22nd. Raymond James boosted their price objective on Fair Isaac from $1,413.00 to $1,418.00 and gave the company an “outperform” rating in a research note on Friday, April 26th. Barclays boosted their price objective on Fair Isaac from $1,234.00 to $1,500.00 and gave the company an “overweight” rating in a research note on Friday, January 26th. Redburn Atlantic began coverage on Fair Isaac in a research note on Tuesday, April 16th. They issued a “neutral” rating and a $1,113.00 price objective on the stock. Finally, Royal Bank of Canada reissued a “sector perform” rating and issued a $1,350.00 price target on shares of Fair Isaac in a report on Friday, January 26th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and six have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $1,224.40.

Fair Isaac Trading Up 2.8 %

Shares of Fair Isaac stock traded up $35.34 during trading on Thursday, hitting $1,286.78. The stock had a trading volume of 200,871 shares, compared to its average volume of 175,232. The firm has a market cap of $31.80 billion, a price-to-earnings ratio of 65.60, a P/E/G ratio of 3.21 and a beta of 1.24. Fair Isaac Co. has a 12 month low of $739.61 and a 12 month high of $1,349.75. The business’s 50-day moving average is $1,223.96 and its 200 day moving average is $1,166.87.

Insider Transactions at Fair Isaac

In related news, CEO William J. Lansing sold 8,000 shares of the stock in a transaction on Tuesday, April 16th. The stock was sold at an average price of $1,140.55, for a total value of $9,124,400.00. Following the transaction, the chief executive officer now owns 12,638 shares of the company’s stock, valued at $14,414,270.90. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Over the last quarter, insiders have sold 24,000 shares of company stock valued at $29,011,120. 3.54% of the stock is currently owned by company insiders.

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.