Cibc World Markets Corp Has $7.62 Million Position in Fair Isaac Co. (NYSE:FICO)

Cibc World Markets Corp increased its holdings in Fair Isaac Co. (NYSE:FICO) by 16.1% in the 4th quarter, HoldingsChannel.com reports. The firm owned 3,829 shares of the technology company’s stock after buying an additional 530 shares during the quarter. Cibc World Markets Corp’s holdings in Fair Isaac were worth $7,623,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in FICO. First National Advisers LLC raised its holdings in shares of Fair Isaac by 199.2% in the 4th quarter. First National Advisers LLC now owns 1,409 shares of the technology company’s stock worth $2,805,000 after buying an additional 938 shares in the last quarter. Avalon Trust Co acquired a new position in Fair Isaac during the fourth quarter worth $40,000. Natixis Advisors LLC lifted its holdings in shares of Fair Isaac by 2.7% during the fourth quarter. Natixis Advisors LLC now owns 10,649 shares of the technology company’s stock valued at $21,201,000 after acquiring an additional 280 shares during the period. Atala Financial Inc acquired a new stake in shares of Fair Isaac in the 4th quarter valued at $512,000. Finally, Impact Capital Partners LLC bought a new stake in shares of Fair Isaac in the 4th quarter worth about $428,000. Institutional investors own 85.75% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the stock. UBS Group cut their price target on shares of Fair Isaac from $2,250.00 to $2,100.00 and set a “neutral” rating for the company in a report on Monday, January 27th. JPMorgan Chase & Co. assumed coverage on Fair Isaac in a research report on Friday, December 20th. They set a “neutral” rating and a $2,150.00 price target on the stock. Robert W. Baird cut their price objective on Fair Isaac from $1,975.00 to $1,775.00 and set a “neutral” rating for the company in a research report on Wednesday, February 5th. Royal Bank of Canada upgraded Fair Isaac from a “sector perform” rating to an “outperform” rating and increased their target price for the stock from $2,040.00 to $2,170.00 in a report on Wednesday, February 26th. Finally, The Goldman Sachs Group raised their target price on Fair Isaac from $2,374.00 to $2,661.00 and gave the company a “buy” rating in a research note on Thursday, December 5th. Four equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. According to data from MarketBeat.com, Fair Isaac currently has an average rating of “Moderate Buy” and a consensus price target of $2,088.15.

Fair Isaac Trading Down 1.8 %

Fair Isaac stock opened at $1,811.71 on Wednesday. The company has a market cap of $44.24 billion, a PE ratio of 83.14, a PEG ratio of 3.27 and a beta of 1.41. Fair Isaac Co. has a 1 year low of $1,105.65 and a 1 year high of $2,402.52. The company’s 50-day moving average is $1,840.28 and its two-hundred day moving average is $1,985.29.

Fair Isaac (NYSE:FICO) last announced its quarterly earnings data 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%. Research analysts forecast that Fair Isaac Co. will post 24.15 EPS for the current year.

Insider Transactions at Fair Isaac

In other news, CFO Steven P. Weber sold 139 shares of the business’s stock in a transaction on Thursday, January 9th. The shares were sold at an average price of $1,964.42, for a total value of $273,054.38. Following the completion of the transaction, the chief financial officer now owns 2,478 shares of the company’s stock, valued at $4,867,832.76. The trade was a 5.31 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO William J. Lansing sold 4,092 shares of the firm’s stock in a transaction on Tuesday, March 11th. The stock was sold at an average price of $1,727.69, for a total value of $7,069,707.48. Following the sale, the chief executive officer now directly owns 42,138 shares in the company, valued at $72,801,401.22. The trade was a 8.85 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 10,241 shares of company stock worth $18,186,184 in the last three months. 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.