Zions Bancorporation N.A. Sells 55 Shares of Fair Isaac Co. (NYSE:FICO)

Zions Bancorporation N.A. lessened its holdings in Fair Isaac Co. (NYSE:FICO) by 35.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 99 shares of the technology company’s stock after selling 55 shares during the period. Zions Bancorporation N.A.’s holdings in Fair Isaac were worth $197,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. TD Asset Management Inc. increased its position in Fair Isaac by 2.7% during the 4th quarter. TD Asset Management Inc. now owns 66,156 shares of the technology company’s stock worth $131,712,000 after purchasing an additional 1,749 shares in the last quarter. Vanguard Group Inc. lifted its stake in shares of Fair Isaac by 0.8% in the 4th quarter. Vanguard Group Inc. now owns 2,903,694 shares of the technology company’s stock valued at $5,781,051,000 after acquiring an additional 22,178 shares during the last quarter. Stevens Capital Management LP acquired a new stake in shares of Fair Isaac during the 4th quarter valued at $683,000. Blueprint Investment Partners LLC bought a new stake in Fair Isaac during the 4th quarter worth $205,000. Finally, Fortis Capital Management LLC increased its holdings in Fair Isaac by 16.5% in the 4th quarter. Fortis Capital Management LLC now owns 2,935 shares of the technology company’s stock worth $5,843,000 after purchasing an additional 416 shares in the last quarter. Institutional investors own 85.75% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently weighed in on the company. UBS Group reduced their price target 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. Needham & Company LLC reissued a “buy” rating and set a $2,500.00 target price on shares of Fair Isaac in a report on Wednesday, February 5th. JPMorgan Chase & Co. assumed coverage on shares of Fair Isaac in a research note on Friday, December 20th. They set a “neutral” rating and a $2,150.00 price target for the company. Jefferies Financial Group reduced their price objective on shares of Fair Isaac from $2,275.00 to $2,175.00 and set a “buy” rating on the stock in a research note on Wednesday, February 5th. Finally, The Goldman Sachs Group raised their target price on Fair Isaac from $2,374.00 to $2,661.00 and gave the stock a “buy” rating in a research report on Thursday, December 5th. Four research analysts have rated the stock with a hold rating and nine have given a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $2,088.15.

Fair Isaac Price Performance

Shares of NYSE:FICO opened at $1,883.85 on Thursday. Fair Isaac Co. has a 1 year low of $1,105.65 and a 1 year high of $2,402.52. The business’s 50-day moving average is $1,831.78 and its 200-day moving average is $1,989.83. The company has a market capitalization of $46.00 billion, a price-to-earnings ratio of 86.45, a P/E/G ratio of 3.27 and a beta of 1.41.

Fair Isaac (NYSE:FICO) last issued its earnings results 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 negative return on equity of 53.40% and a net margin of 30.66%. Analysts anticipate that Fair Isaac Co. will post 24.15 EPS for the current year.

Insider Activity at Fair Isaac

In other Fair Isaac news, CFO Steven P. Weber sold 139 shares of Fair Isaac 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 sale, the chief financial officer now directly owns 2,478 shares of the company’s stock, valued at approximately $4,867,832.76. The trade was a 5.31 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO William J. Lansing sold 4,092 shares of the stock in a transaction dated Tuesday, March 11th. The stock was sold at an average price of $1,727.69, for a total transaction of $7,069,707.48. Following the transaction, the chief executive officer now directly owns 42,138 shares in the company, valued at $72,801,401.22. This trade represents 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 quarter. Company insiders own 3.46% of the company’s stock.

About Fair Isaac

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.