Atria Wealth Solutions Inc. Sells 30 Shares of Fair Isaac Co. (NYSE:FICO)

Atria Wealth Solutions Inc. reduced its holdings in Fair Isaac Co. (NYSE:FICOFree Report) by 1.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,130 shares of the technology company’s stock after selling 30 shares during the period. Atria Wealth Solutions Inc.’s holdings in Fair Isaac were worth $1,850,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Apollon Wealth Management LLC boosted its holdings in shares of Fair Isaac by 11.5% in the 2nd quarter. Apollon Wealth Management LLC now owns 541 shares of the technology company’s stock valued at $438,000 after acquiring an additional 56 shares during the last quarter. Hsbc Holdings PLC lifted its stake in shares of Fair Isaac by 103.2% in the 2nd quarter. Hsbc Holdings PLC now owns 37,290 shares of the technology company’s stock valued at $30,246,000 after purchasing an additional 18,939 shares during the period. Cambridge Investment Research Advisors Inc. lifted its stake in shares of Fair Isaac by 741.5% in the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 4,780 shares of the technology company’s stock valued at $4,152,000 after purchasing an additional 4,212 shares during the period. Fiduciary Trust Co. acquired a new position in shares of Fair Isaac in the 2nd quarter valued at $227,000. Finally, Granite Bay Wealth Management LLC acquired a new position in shares of Fair Isaac in the 3rd quarter valued at $5,407,000. 85.17% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research firms recently issued reports on FICO. Wells Fargo & Company began coverage on shares of Fair Isaac in a research note on Wednesday, November 8th. They issued an “overweight” rating and a $1,120.00 target price for the company. The Goldman Sachs Group upped their price objective on shares of Fair Isaac from $1,156.00 to $1,289.00 and gave the stock a “buy” rating in a research report on Monday, December 4th. Jefferies Financial Group upped their price objective on shares of 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. Royal Bank of Canada restated a “sector perform” rating and set a $1,350.00 price objective on shares of Fair Isaac in a research report on Friday, January 26th. Finally, Barclays upped their price objective on shares of Fair Isaac from $1,234.00 to $1,500.00 and gave the stock an “overweight” rating in a research report on Friday, January 26th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and six have given a buy rating to the company’s stock. According to data from MarketBeat, Fair Isaac presently has an average rating of “Moderate Buy” and a consensus price target of $1,187.20.

View Our Latest Stock Analysis on FICO

Insiders Place Their Bets

In other Fair Isaac news, CFO Steven P. Weber sold 2,327 shares of the stock in a transaction dated Monday, November 13th. The shares were sold at an average price of $1,006.48, for a total transaction of $2,342,078.96. Following the completion of the transaction, the chief financial officer now owns 1,278 shares of the company’s stock, valued at $1,286,281.44. The sale was disclosed in a legal filing with the SEC, which is available at this link. In other news, CFO Steven P. Weber sold 2,327 shares of the stock in a transaction dated Monday, November 13th. The shares were sold at an average price of $1,006.48, for a total transaction of $2,342,078.96. Following the sale, the chief financial officer now owns 1,278 shares of the company’s stock, valued at $1,286,281.44. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Michael S. Leonard sold 317 shares of the stock in a transaction dated Monday, December 11th. The stock was sold at an average price of $1,144.39, for a total transaction of $362,771.63. Following the sale, the chief accounting officer now directly owns 5,113 shares in the company, valued at approximately $5,851,266.07. The disclosure for this sale can be found here. Insiders sold a total of 22,297 shares of company stock valued at $24,495,056 over the last 90 days. 3.54% of the stock is owned by company insiders.

Fair Isaac Trading Up 0.2 %

Shares of FICO opened at $1,323.81 on Friday. Fair Isaac Co. has a 12-month low of $650.00 and a 12-month high of $1,336.39. The firm has a 50-day moving average price of $1,193.24 and a 200 day moving average price of $1,008.17. The firm has a market capitalization of $32.90 billion, a P/E ratio of 74.00, a P/E/G ratio of 3.80 and a beta of 1.24.

Fair Isaac (NYSE:FICOGet Free Report) last announced its quarterly earnings data on Wednesday, November 8th. The technology company reported $4.01 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $4.20 by ($0.19). Fair Isaac had a net margin of 29.20% and a negative return on equity of 57.80%. The firm had revenue of $389.73 million during the quarter, compared to analysts’ expectations of $386.25 million. Equities research analysts predict that Fair Isaac Co. will post 20.01 earnings per share for the current fiscal year.

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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