Calamos Advisors LLC Sells 865 Shares of Fair Isaac Co. (NYSE:FICO)

Calamos Advisors LLC reduced its position in shares of Fair Isaac Co. (NYSE:FICO) by 32.6% in the fourth quarter, HoldingsChannel.com reports. The firm owned 1,790 shares of the technology company’s stock after selling 865 shares during the period. Calamos Advisors LLC’s holdings in Fair Isaac were worth $2,084,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the business. KB Financial Partners LLC bought a new position in Fair Isaac in the 2nd quarter worth $34,000. Clear Street Markets LLC purchased a new position in shares of Fair Isaac during the first quarter valued at about $34,000. McGlone Suttner Wealth Management Inc. bought a new position in Fair Isaac in the fourth quarter worth about $35,000. Headlands Technologies LLC purchased a new stake in Fair Isaac in the third quarter worth about $42,000. Finally, Assetmark Inc. bought a new stake in Fair Isaac during the 3rd quarter valued at approximately $44,000. 85.75% of the stock is owned by institutional investors.

Insider Transactions at Fair Isaac

In related news, CEO William J. Lansing sold 8,000 shares of the firm’s stock in a transaction that occurred on Tuesday, April 16th. The shares were sold at an average price of $1,140.55, for a total value of $9,124,400.00. Following the transaction, the chief executive officer now owns 12,638 shares of the company’s stock, valued at $14,414,270.90. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders have sold a total of 24,000 shares of company stock worth $29,011,120 in the last ninety days. Insiders own 3.54% of the company’s stock.

Analyst Ratings Changes

Several research analysts have recently issued reports on FICO shares. Jefferies Financial Group increased their target price on Fair Isaac from $1,210.00 to $1,450.00 and gave the stock a “buy” rating in a research report on Wednesday, January 17th. Needham & Company LLC raised their price objective on Fair Isaac from $1,100.00 to $1,500.00 and gave the company a “buy” rating in a research report on Friday, January 26th. Royal Bank of Canada restated a “sector perform” rating and set a $1,350.00 target price on shares of Fair Isaac in a report on Friday, January 26th. Barclays increased their price target on shares of Fair Isaac from $1,234.00 to $1,500.00 and gave the stock an “overweight” rating in a research note on Friday, January 26th. Finally, Redburn Atlantic assumed coverage on shares of Fair Isaac in a report on Tuesday, April 16th. They issued a “neutral” rating and a $1,113.00 price objective on the stock. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and six have given a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $1,180.45.

Fair Isaac Stock Down 2.8 %

NYSE:FICO opened at $1,130.06 on Monday. The stock has a market cap of $28.08 billion, a price-to-earnings ratio of 63.17, a PEG ratio of 2.50 and a beta of 1.21. The company’s 50 day moving average price is $1,250.01 and its 200-day moving average price is $1,142.76. Fair Isaac Co. has a 52 week low of $692.87 and a 52 week high of $1,349.75.

Fair Isaac (NYSE:FICO) last issued its earnings results on Thursday, January 25th. The technology company reported $3.87 EPS for the quarter, beating the consensus estimate of $3.76 by $0.11. Fair Isaac had a negative return on equity of 57.80% and a net margin of 29.20%. The business had revenue of $382.06 million for the quarter, compared to the consensus estimate of $386.55 million. As a group, sell-side analysts anticipate that Fair Isaac Co. will post 19.95 earnings per share for the current year.

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.