Fair Isaac Co. (NYSE:FICO) Shares Sold by Tradition Wealth Management LLC

Tradition Wealth Management LLC reduced its position in Fair Isaac Co. (NYSE:FICOFree Report) by 15.2% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 1,647 shares of the technology company’s stock after selling 295 shares during the quarter. Tradition Wealth Management LLC’s holdings in Fair Isaac were worth $1,917,000 as of its most recent filing with the SEC.

Several other institutional investors also recently bought and sold shares of the company. First Horizon Advisors Inc. increased its stake in Fair Isaac by 28.1% in the 4th quarter. First Horizon Advisors Inc. now owns 41 shares of the technology company’s stock valued at $48,000 after buying an additional 9 shares during the period. Panagora Asset Management Inc. increased its stake in Fair Isaac by 0.8% in the 4th quarter. Panagora Asset Management Inc. now owns 1,219 shares of the technology company’s stock valued at $1,419,000 after buying an additional 10 shares during the period. Johnson Investment Counsel Inc. increased its stake in Fair Isaac by 0.3% in the 3rd quarter. Johnson Investment Counsel Inc. now owns 3,412 shares of the technology company’s stock valued at $2,963,000 after buying an additional 11 shares during the period. KB Financial Partners LLC grew its stake in shares of Fair Isaac by 26.2% during the 3rd quarter. KB Financial Partners LLC now owns 53 shares of the technology company’s stock worth $46,000 after purchasing an additional 11 shares during the period. Finally, Lincoln National Corp grew its stake in shares of Fair Isaac by 2.8% during the 4th quarter. Lincoln National Corp now owns 399 shares of the technology company’s stock worth $464,000 after purchasing an additional 11 shares during the period. 85.75% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on the stock. Needham & Company LLC reaffirmed a “buy” rating and set a $1,500.00 price target on shares of Fair Isaac in a research note on Monday, April 22nd. Raymond James upped their price target on shares of Fair Isaac from $1,413.00 to $1,418.00 and gave the stock an “outperform” rating in a research note on Friday, April 26th. Finally, Redburn Atlantic assumed coverage on shares of Fair Isaac in a research note on Tuesday, April 16th. They set a “neutral” rating and a $1,113.00 price target on the stock. One investment 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 has a consensus rating of “Moderate Buy” and an average target price of $1,274.33.

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Insider Buying and Selling at Fair Isaac

In other news, Director Joanna Rees sold 500 shares of the stock in a transaction dated Thursday, May 16th. The shares were sold at an average price of $1,400.00, for a total transaction of $700,000.00. Following the transaction, the director now directly owns 20,118 shares in the company, valued at approximately $28,165,200. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. In other news, Director Joanna Rees sold 500 shares of the stock in a transaction dated Thursday, May 16th. The shares were sold at an average price of $1,400.00, for a total transaction of $700,000.00. Following the transaction, the director now directly owns 20,118 shares in the company, valued at approximately $28,165,200. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, EVP Mark R. Scadina sold 423 shares of the stock in a transaction dated Thursday, May 23rd. The stock was sold at an average price of $1,372.12, for a total transaction of $580,406.76. Following the transaction, the executive vice president now owns 32,229 shares in the company, valued at $44,222,055.48. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 18,423 shares of company stock worth $22,142,247. Corporate insiders own 3.54% of the company’s stock.

Fair Isaac Price Performance

NYSE:FICO traded down $12.73 on Friday, reaching $1,289.93. The stock had a trading volume of 332,819 shares, compared to its average volume of 219,374. The company has a market cap of $31.87 billion, a price-to-earnings ratio of 67.71, a P/E/G ratio of 3.47 and a beta of 1.24. The firm’s fifty day moving average is $1,254.73 and its two-hundred day moving average is $1,220.22. Fair Isaac Co. has a 12-month low of $745.45 and a 12-month high of $1,451.78.

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

Fair Isaac Company Profile

(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.

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

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