Calamos Advisors LLC Has $844,000 Stock Position in Fair Isaac Corporation $FICO

Calamos Advisors LLC cut its holdings in shares of Fair Isaac Corporation (NYSE:FICO) by 91.3% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 564 shares of the technology company’s stock after selling 5,943 shares during the quarter. Calamos Advisors LLC’s holdings in Fair Isaac were worth $844,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in FICO. Abacus FCF Advisors LLC grew its position in Fair Isaac by 31.3% during the third quarter. Abacus FCF Advisors LLC now owns 12,114 shares of the technology company’s stock valued at $18,129,000 after purchasing an additional 2,887 shares in the last quarter. LVW Advisors LLC boosted its stake in shares of Fair Isaac by 6.9% during the 3rd quarter. LVW Advisors LLC now owns 247 shares of the technology company’s stock valued at $370,000 after buying an additional 16 shares during the period. Carderock Capital Management Inc. grew its holdings in shares of Fair Isaac by 12.0% during the 3rd quarter. Carderock Capital Management Inc. now owns 5,209 shares of the technology company’s stock valued at $7,795,000 after acquiring an additional 560 shares in the last quarter. Institute for Wealth Management LLC. increased its stake in shares of Fair Isaac by 13.1% in the third quarter. Institute for Wealth Management LLC. now owns 835 shares of the technology company’s stock worth $1,250,000 after acquiring an additional 97 shares during the last quarter. Finally, Sowell Financial Services LLC purchased a new stake in shares of Fair Isaac during the third quarter worth $316,000. Institutional investors and hedge funds own 85.75% of the company’s stock.

Insider Buying and Selling at Fair Isaac

In related news, CFO Steven P. Weber sold 1,426 shares of the business’s stock in a transaction dated Wednesday, December 17th. The stock was sold at an average price of $1,810.00, for a total transaction of $2,581,060.00. Following the completion of the transaction, the chief financial officer owned 2,804 shares of the company’s stock, valued at approximately $5,075,240. The trade was a 33.71% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Eva Manolis sold 521 shares of the firm’s stock in a transaction that occurred on Friday, December 12th. The shares were sold at an average price of $1,825.83, for a total value of $951,257.43. Following the completion of the sale, the director directly owned 344 shares in the company, valued at $628,085.52. This trade represents a 60.23% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 10,358 shares of company stock worth $17,517,343 over the last ninety days. Company insiders own 3.46% of the company’s stock.

Fair Isaac Stock Down 3.1%

Shares of FICO stock opened at $1,692.09 on Friday. Fair Isaac Corporation has a 12 month low of $1,300.00 and a 12 month high of $2,217.60. The company has a market cap of $40.12 billion, a PE ratio of 63.73, a price-to-earnings-growth ratio of 1.87 and a beta of 1.30. The business’s 50 day moving average is $1,738.06 and its two-hundred day moving average is $1,632.98.

Fair Isaac (NYSE:FICO) last issued its quarterly earnings data on Thursday, October 30th. The technology company reported $7.74 earnings per share for the quarter, topping analysts’ consensus estimates of $7.36 by $0.38. Fair Isaac had a net margin of 32.75% and a negative return on equity of 43.97%. The business had revenue of $515.75 million during the quarter, compared to analysts’ expectations of $512.38 million. During the same period in the previous year, the company earned $6.54 earnings per share. Fair Isaac’s revenue for the quarter was up 13.6% on a year-over-year basis. As a group, equities analysts expect that Fair Isaac Corporation will post 24.15 EPS for the current fiscal year.

Analysts Set New Price Targets

FICO has been the topic of a number of recent research reports. Needham & Company LLC restated a “buy” rating and issued a $1,950.00 target price on shares of Fair Isaac in a research note on Thursday, October 2nd. Oppenheimer lowered Fair Isaac from an “outperform” rating to a “market perform” rating in a report on Monday, October 13th. Wells Fargo & Company increased their price objective on Fair Isaac from $2,300.00 to $2,400.00 and gave the stock an “overweight” rating in a report on Tuesday, October 14th. Jefferies Financial Group reduced their target price on shares of Fair Isaac from $2,150.00 to $2,100.00 and set a “buy” rating for the company in a research note on Thursday, November 6th. Finally, Seaport Res Ptn raised shares of Fair Isaac to a “strong-buy” rating in a research report on Wednesday, October 1st. Two analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat, Fair Isaac currently has an average rating of “Moderate Buy” and an average price target of $2,076.77.

About Fair Isaac

Fair Isaac Corporation, commonly known as FICO, is a data analytics and software company best known for its FICO Score, a widely used credit-scoring system that helps lenders assess consumer credit risk. Founded in 1956 by Bill Fair and Earl Isaac, the company has evolved from its origins in statistical credit scoring to a broader focus on predictive analytics, decision management and artificial intelligence-driven solutions for financial services and other industries. FICO is headquartered in San Jose, California, and operates globally, serving clients across North America, Latin America, Europe, the Middle East, Africa and the Asia-Pacific region.

FICO’s product portfolio centers on analytics and decisioning technologies.