WR Wealth Planners LLC Sells 40 Shares of Fair Isaac Co. (NYSE:FICO)

WR Wealth Planners LLC trimmed its position in shares of Fair Isaac Co. (NYSE:FICO) by 12.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 286 shares of the technology company’s stock after selling 40 shares during the quarter. WR Wealth Planners LLC’s holdings in Fair Isaac were worth $569,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. SVB Wealth LLC purchased a new stake in shares of Fair Isaac in the 4th quarter worth $649,000. QRG Capital Management Inc. increased its stake in shares of Fair Isaac by 15.6% in the 4th quarter. QRG Capital Management Inc. now owns 378 shares of the technology company’s stock worth $753,000 after purchasing an additional 51 shares in the last quarter. Versor Investments LP purchased a new stake in shares of Fair Isaac in the 4th quarter worth $1,332,000. Proficio Capital Partners LLC purchased a new stake in shares of Fair Isaac in the 4th quarter worth $261,610,000. Finally, Mn Services Vermogensbeheer B.V. increased its stake in shares of Fair Isaac by 1.0% in the 4th quarter. Mn Services Vermogensbeheer B.V. now owns 9,800 shares of the technology company’s stock worth $19,511,000 after purchasing an additional 100 shares in the last quarter. 85.75% of the stock is owned by institutional investors.

Fair Isaac Stock Up 2.6 %

Shares of Fair Isaac stock opened at $1,884.63 on Friday. The firm has a market cap of $46.02 billion, a price-to-earnings ratio of 86.49, a PEG ratio of 3.27 and a beta of 1.39. The business has a 50-day moving average price of $1,892.09 and a 200-day moving average price of $1,976.67. Fair Isaac Co. has a twelve month low of $1,105.65 and a twelve month high of $2,402.52.

Fair Isaac (NYSE:FICO) last issued its quarterly earnings data 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 net margin of 30.66% and a negative return on equity of 53.40%. On average, equities analysts expect that Fair Isaac Co. will post 24.15 EPS for the current fiscal year.

Insider Activity at Fair Isaac

In related news, CEO William J. Lansing sold 6,010 shares of the stock in a transaction dated Tuesday, February 11th. The shares were sold at an average price of $1,804.23, for a total value of $10,843,422.30. Following the completion of the transaction, the chief executive officer now owns 42,138 shares of the company’s stock, valued at approximately $76,026,643.74. This trade represents a 12.48 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP James M. Wehmann sold 3,500 shares of the stock in a transaction dated Thursday, December 5th. The shares were sold at an average price of $2,373.85, for a total transaction of $8,308,475.00. Following the completion of the transaction, the executive vice president now directly owns 45,395 shares of the company’s stock, valued at approximately $107,760,920.75. The trade was a 7.16 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 13,170 shares of company stock valued at $27,132,248. Insiders own 3.46% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have recently commented on FICO. Jefferies Financial Group reduced their price objective 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 cut their price target 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. Barclays increased their price target on Fair Isaac from $2,150.00 to $2,350.00 and gave the stock an “overweight” rating in a research note on Thursday, November 7th. JPMorgan Chase & Co. initiated coverage on Fair Isaac in a research note on Friday, December 20th. They issued a “neutral” rating and a $2,150.00 price target for the company. Finally, Oppenheimer cut their price target 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. Four investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. Based on data from MarketBeat, Fair Isaac currently has a consensus rating of “Moderate Buy” and an average price target of $2,088.15.

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.