Brown Brothers Harriman & Co. Boosts Holdings in Fair Isaac Co. (NYSE:FICO)

Brown Brothers Harriman & Co. increased its holdings in shares of Fair Isaac Co. (NYSE:FICO) by 14.8% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 256 shares of the technology company’s stock after purchasing an additional 33 shares during the period. Brown Brothers Harriman & Co.’s holdings in Fair Isaac were worth $510,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Mechanics Bank Trust Department boosted its stake in shares of Fair Isaac by 5.7% in the 4th quarter. Mechanics Bank Trust Department now owns 112 shares of the technology company’s stock valued at $223,000 after buying an additional 6 shares during the period. Alpha Cubed Investments LLC lifted its stake in Fair Isaac by 1.3% in the fourth quarter. Alpha Cubed Investments LLC now owns 473 shares of the technology company’s stock worth $942,000 after acquiring an additional 6 shares during the last quarter. Resonant Capital Advisors LLC increased its position in shares of Fair Isaac by 2.0% in the 4th quarter. Resonant Capital Advisors LLC now owns 306 shares of the technology company’s stock valued at $609,000 after purchasing an additional 6 shares during the last quarter. Mather Group LLC. increased its position in shares of Fair Isaac by 5.2% in the 4th quarter. Mather Group LLC. now owns 122 shares of the technology company’s stock valued at $243,000 after purchasing an additional 6 shares during the last quarter. Finally, D.A. Davidson & CO. lifted its position in shares of Fair Isaac by 1.0% during the 4th quarter. D.A. Davidson & CO. now owns 621 shares of the technology company’s stock worth $1,236,000 after purchasing an additional 6 shares during the last quarter. 85.75% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Fair Isaac

In other news, CFO Steven P. Weber sold 139 shares of the stock in a transaction that occurred on Thursday, January 9th. The stock was sold at an average price of $1,964.42, for a total transaction of $273,054.38. Following the completion of the transaction, the chief financial officer now directly owns 2,478 shares of the company’s stock, valued at approximately $4,867,832.76. This represents a 5.31 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CEO William J. Lansing sold 6,010 shares of Fair Isaac stock in a transaction that occurred on 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 sale, the chief executive officer now owns 42,138 shares in the company, valued at approximately $76,026,643.74. This trade represents a 12.48 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 10,241 shares of company stock worth $18,186,184 over the last 90 days. 3.46% of the stock is currently owned by insiders.

Fair Isaac Stock Performance

Shares of Fair Isaac stock opened at $1,834.32 on Monday. The company has a market capitalization of $44.79 billion, a P/E ratio of 84.18, 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 fifty day moving average is $1,828.54 and its two-hundred day moving average is $1,991.86.

Fair Isaac (NYSE:FICO) last issued its quarterly earnings results on Tuesday, February 4th. The technology company reported $4.15 earnings per share (EPS) 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%. As a group, equities analysts expect that Fair Isaac Co. will post 24.15 earnings per share for the current year.

Wall Street Analyst Weigh In

Several research firms recently commented on FICO. Oppenheimer dropped their target price on Fair Isaac from $2,515.00 to $2,409.00 and set an “outperform” rating on the stock in a report on Tuesday, January 7th. Jefferies Financial Group cut their target price on Fair Isaac from $2,275.00 to $2,175.00 and set a “buy” rating on the stock in a research report on Wednesday, February 5th. JPMorgan Chase & Co. began coverage on Fair Isaac in a report on Friday, December 20th. They issued a “neutral” rating and a $2,150.00 price target for the company. Wells Fargo & Company cut their price objective on shares of Fair Isaac from $2,650.00 to $2,600.00 and set an “overweight” rating on the stock in a report on Wednesday, February 5th. Finally, Needham & Company LLC restated a “buy” rating and issued a $2,500.00 target price on shares of Fair Isaac in a report on Wednesday, February 5th. Four analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price 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.