Tiemann Investment Advisors LLC Lowers Stock Position in Fair Isaac Co. (NYSE:FICO)

Tiemann Investment Advisors LLC reduced its stake in shares of Fair Isaac Co. (NYSE:FICO) by 3.6% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 265 shares of the technology company’s stock after selling 10 shares during the period. Tiemann Investment Advisors LLC’s holdings in Fair Isaac were worth $528,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Proficio Capital Partners LLC acquired a new stake in shares of Fair Isaac in the fourth quarter valued at approximately $261,610,000. Raymond James Financial Inc. purchased a new stake in Fair Isaac during the 4th quarter worth about $199,441,000. FMR LLC increased its position in Fair Isaac by 46.1% during the 3rd quarter. FMR LLC now owns 207,026 shares of the technology company’s stock worth $402,358,000 after purchasing an additional 65,297 shares in the last quarter. Jennison Associates LLC raised its stake in Fair Isaac by 35.1% in the 3rd quarter. Jennison Associates LLC now owns 241,149 shares of the technology company’s stock valued at $468,677,000 after purchasing an additional 62,653 shares during the last quarter. Finally, National Pension Service lifted its holdings in Fair Isaac by 104.9% in the 4th quarter. National Pension Service now owns 79,248 shares of the technology company’s stock valued at $157,777,000 after purchasing an additional 40,574 shares in the last quarter. 85.75% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on the stock. Jefferies Financial Group cut their price objective on shares of Fair Isaac from $2,275.00 to $2,175.00 and set a “buy” rating for the company in a research report on Wednesday, February 5th. Royal Bank of Canada raised shares of Fair Isaac from a “sector perform” rating to an “outperform” rating and lifted their target price for the stock from $2,040.00 to $2,170.00 in a research note on Wednesday, February 26th. UBS Group decreased their price objective on Fair Isaac from $2,250.00 to $2,100.00 and set a “neutral” rating on the stock in a report on Monday, January 27th. 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 target price for the company. Finally, Robert W. Baird decreased their price target on Fair Isaac from $1,975.00 to $1,775.00 and set a “neutral” rating on the stock in a research note on Wednesday, February 5th. Four research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $2,088.15.

Fair Isaac Price Performance

Shares of FICO opened at $1,835.64 on Monday. The stock’s 50-day moving average is $1,869.55 and its two-hundred day moving average is $1,982.96. The stock has a market cap of $44.82 billion, a PE ratio of 84.24, a P/E/G ratio of 3.27 and a beta of 1.41. Fair Isaac Co. has a 12 month low of $1,105.65 and a 12 month high of $2,402.52.

Fair Isaac (NYSE:FICO) last announced its earnings results on Tuesday, February 4th. The technology company reported $4.15 earnings per share for the quarter, missing the consensus estimate 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, research analysts anticipate that Fair Isaac Co. will post 24.15 earnings per share for the current year.

Insider Activity at Fair Isaac

In other Fair Isaac news, Director Marc F. Mcmorris sold 520 shares of the company’s stock in a transaction that occurred on Tuesday, December 17th. The stock was sold at an average price of $2,152.57, for a total transaction of $1,119,336.40. Following the sale, the director now owns 242 shares in the company, valued at $520,921.94. This represents a 68.24 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, EVP James M. Wehmann sold 3,000 shares of Fair Isaac stock in a transaction that occurred on Thursday, December 12th. The stock was sold at an average price of $2,195.19, for a total value of $6,585,570.00. Following the completion of the transaction, the executive vice president now owns 51,911 shares of the company’s stock, valued at approximately $113,954,508.09. The trade was a 5.46 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 9,669 shares of company stock valued at $18,821,383. Insiders own 3.46% of the company’s stock.

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.