AdvisorShares Investments LLC Has $3.44 Million Stock Holdings in Fair Isaac Co. (NYSE:FICO)

AdvisorShares Investments LLC reduced its position in Fair Isaac Co. (NYSE:FICOFree Report) by 30.2% during the fourth quarter, HoldingsChannel reports. The firm owned 2,955 shares of the technology company’s stock after selling 1,280 shares during the period. Fair Isaac comprises approximately 0.8% of AdvisorShares Investments LLC’s portfolio, making the stock its 16th largest holding. AdvisorShares Investments LLC’s holdings in Fair Isaac were worth $3,440,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of FICO. International Assets Investment Management LLC raised its holdings in shares of Fair Isaac by 112,366.2% in the fourth quarter. International Assets Investment Management LLC now owns 399,255 shares of the technology company’s stock valued at $464,737,000 after purchasing an additional 398,900 shares during the last quarter. Norges Bank purchased a new stake in Fair Isaac in the fourth quarter valued at approximately $259,509,000. American Century Companies Inc. raised its stake in Fair Isaac by 39.6% in the third quarter. American Century Companies Inc. now owns 366,865 shares of the technology company’s stock valued at $318,633,000 after purchasing an additional 104,161 shares in the last quarter. Schroder Investment Management Group raised its stake in shares of Fair Isaac by 191.0% during the third quarter. Schroder Investment Management Group now owns 111,635 shares of the technology company’s stock worth $96,958,000 after acquiring an additional 73,267 shares in the last quarter. Finally, Franklin Resources Inc. raised its stake in shares of Fair Isaac by 25.2% during the fourth quarter. Franklin Resources Inc. now owns 283,565 shares of the technology company’s stock worth $330,072,000 after acquiring an additional 57,010 shares in the last quarter. 85.75% of the stock is owned by institutional investors.

Fair Isaac Trading Down 1.5 %

NYSE:FICO traded down $19.56 during mid-day trading on Friday, reaching $1,310.32. The company’s stock had a trading volume of 100,584 shares, compared to its average volume of 215,113. Fair Isaac Co. has a 12-month low of $756.11 and a 12-month high of $1,451.78. The firm’s fifty day moving average price is $1,259.10 and its two-hundred day moving average price is $1,226.86. The stock has a market cap of $32.38 billion, a P/E ratio of 68.78, a PEG ratio of 3.58 and a beta of 1.31.

Fair Isaac (NYSE:FICOGet Free Report) last released its quarterly earnings results on Thursday, April 25th. The technology company reported $5.09 EPS for the quarter, beating the consensus estimate of $4.89 by $0.20. Fair Isaac had a net margin of 29.99% and a negative return on equity of 62.28%. The firm had revenue of $433.81 million during the quarter, compared to analyst estimates of $425.94 million. Analysts predict that Fair Isaac Co. will post 19.75 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

FICO has been the topic of several analyst reports. Needham & Company LLC reaffirmed a “buy” rating and issued a $1,500.00 target price on shares of Fair Isaac in a research note on Monday, April 22nd. Redburn Atlantic assumed coverage on shares of Fair Isaac in a report on Tuesday, April 16th. They issued a “neutral” rating and a $1,113.00 price target on the stock. Finally, Raymond James boosted their target price on shares of Fair Isaac from $1,413.00 to $1,418.00 and gave the company an “outperform” rating in a report on Friday, April 26th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and six have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $1,274.33.

Check Out Our Latest Stock Analysis on Fair Isaac

Insider Activity

In related news, CEO William J. Lansing sold 8,000 shares of the business’s stock in a transaction that occurred on Tuesday, April 16th. The stock was sold at an average price of $1,140.55, for a total transaction of $9,124,400.00. Following the completion of the transaction, the chief executive officer now directly owns 12,638 shares in the company, valued at approximately $14,414,270.90. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. In other news, Director Joanna Rees sold 1,000 shares of the stock in a transaction that occurred on Thursday, May 9th. The stock was sold at an average price of $1,255.00, for a total transaction of $1,255,000.00. Following the completion of the transaction, the director now directly owns 21,118 shares in the company, valued at approximately $26,503,090. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO William J. Lansing sold 8,000 shares of the stock in a transaction that occurred on Tuesday, April 16th. The shares were 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 disclosure for this sale can be found here. Insiders sold 18,423 shares of company stock valued at $22,142,247 in the last quarter. 3.54% of the stock is currently owned by insiders.

About Fair Isaac

(Free Report)

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.

See Also

Want to see what other hedge funds are holding FICO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Fair Isaac Co. (NYSE:FICOFree Report).

Institutional Ownership by Quarter for Fair Isaac (NYSE:FICO)

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