Crossmark Global Holdings Inc. Sells 133 Shares of Fair Isaac Co. (NYSE:FICO)

Crossmark Global Holdings Inc. trimmed its position in Fair Isaac Co. (NYSE:FICOFree Report) by 8.0% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 1,526 shares of the technology company’s stock after selling 133 shares during the quarter. Crossmark Global Holdings Inc.’s holdings in Fair Isaac were worth $1,777,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of the company. Kayne Anderson Rudnick Investment Management LLC raised its holdings in shares of Fair Isaac by 1.0% in the 3rd quarter. Kayne Anderson Rudnick Investment Management LLC now owns 457,738 shares of the technology company’s stock valued at $397,560,000 after purchasing an additional 4,584 shares during the period. International Assets Investment Management LLC raised its holdings in shares of Fair Isaac by 112,366.2% in the 4th quarter. International Assets Investment Management LLC now owns 399,255 shares of the technology company’s stock valued at $464,737,000 after purchasing an additional 398,900 shares during the period. American Century Companies Inc. raised its holdings in shares of Fair Isaac by 39.6% in the 3rd quarter. American Century Companies Inc. now owns 366,865 shares of the technology company’s stock valued at $318,633,000 after purchasing an additional 104,161 shares during the period. Invesco Ltd. raised its holdings in Fair Isaac by 13.6% in the 3rd quarter. Invesco Ltd. now owns 359,549 shares of the technology company’s stock valued at $312,279,000 after acquiring an additional 42,998 shares during the period. Finally, Franklin Resources Inc. raised its holdings in Fair Isaac by 25.2% in the 4th quarter. Franklin Resources Inc. now owns 283,565 shares of the technology company’s stock valued at $330,072,000 after acquiring an additional 57,010 shares during the period. 85.75% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, CEO William J. Lansing sold 8,000 shares of the 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 transaction of $9,124,400.00. Following the sale, the chief executive officer now owns 12,638 shares in the company, valued at approximately $14,414,270.90. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. In other Fair Isaac news, Director Joanna Rees sold 500 shares of the firm’s stock in a transaction that occurred on Tuesday, May 14th. The shares were sold at an average price of $1,350.00, for a total value of $675,000.00. Following the sale, the director now owns 20,618 shares in the company, valued at $27,834,300. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, 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 transaction of $9,124,400.00. Following the completion of the sale, the chief executive officer now owns 12,638 shares in the company, valued at approximately $14,414,270.90. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 18,423 shares of company stock worth $22,142,247. Corporate insiders own 3.54% of the company’s stock.

Fair Isaac Trading Down 1.5 %

Shares of FICO opened at $1,310.32 on Friday. Fair Isaac Co. has a 12 month low of $756.11 and a 12 month high of $1,451.78. The firm’s 50 day moving average is $1,260.31 and its 200-day moving average is $1,228.65. The stock has a market capitalization of $32.38 billion, a PE ratio of 68.78, a P/E/G ratio of 3.58 and a beta of 1.31.

Fair Isaac (NYSE:FICOGet Free Report) last announced its earnings results on Thursday, April 25th. The technology company reported $5.09 EPS for the quarter, topping the consensus estimate of $4.89 by $0.20. The company had revenue of $433.81 million for the quarter, compared to analysts’ expectations of $425.94 million. Fair Isaac had a net margin of 29.99% and a negative return on equity of 62.28%. Equities research analysts predict that Fair Isaac Co. will post 19.75 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms have weighed in on FICO. Redburn Atlantic began coverage on shares of Fair Isaac in a report on Tuesday, April 16th. They issued a “neutral” rating and a $1,113.00 price target on the stock. Raymond James increased their price target on shares of Fair Isaac from $1,413.00 to $1,418.00 and gave the company an “outperform” rating in a report on Friday, April 26th. Finally, Needham & Company LLC reissued a “buy” rating and issued a $1,500.00 price target on shares of Fair Isaac in a report on Monday, April 22nd. One analyst has rated the stock with a sell rating, three have issued a hold rating and six have assigned a buy rating to the company’s stock. According to MarketBeat, Fair Isaac presently has a consensus rating of “Moderate Buy” and an average target price of $1,274.33.

Get Our Latest Stock Analysis on FICO

Fair Isaac Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Fair Isaac (NYSE:FICO)

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