Oak Thistle LLC Sells 1,889 Shares of Fair Isaac Corporation $FICO

by · The Cerbat Gem

Oak Thistle LLC trimmed its position in shares of Fair Isaac Corporation (NYSE:FICO – Free Report) by 86.5% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 294 shares of the technology company’s stock after selling 1,889 shares during the period. Oak Thistle LLC’s holdings in Fair Isaac were worth $440,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Westside Investment Management Inc. bought a new position in Fair Isaac during the 2nd quarter valued at approximately $26,000. ORG Partners LLC purchased a new position in shares of Fair Isaac during the second quarter valued at approximately $27,000. Hilltop National Bank bought a new position in shares of Fair Isaac during the second quarter valued at approximately $27,000. Pinnacle Bancorp Inc. bought a new position in shares of Fair Isaac during the second quarter valued at approximately $31,000. Finally, J.Safra Asset Management Corp lifted its stake in Fair Isaac by 340.0% in the second quarter. J.Safra Asset Management Corp now owns 22 shares of the technology company’s stock worth $40,000 after acquiring an additional 17 shares during the period. 85.75% of the stock is owned by institutional investors.

Fair Isaac Stock Down 0.8%

FICO stock opened at $1,747.90 on Friday. The business has a 50 day moving average of $1,717.38 and a 200 day moving average of $1,635.49. The firm has a market cap of $41.44 billion, a PE ratio of 65.83, a price-to-earnings-growth ratio of 1.95 and a beta of 1.29. Fair Isaac Corporation has a twelve month low of $1,300.00 and a twelve month high of $2,217.60.

Fair Isaac (NYSE:FICO – Get Free Report) last released its earnings results on Thursday, October 30th. The technology company reported $7.74 EPS for the quarter, topping analysts’ consensus estimates of $7.36 by $0.38. Fair Isaac had a negative return on equity of 43.97% and a net margin of 32.75%.The firm had revenue of $515.75 million for the quarter, compared to analysts’ expectations of $512.38 million. During the same period in the prior year, the firm posted $6.54 earnings per share. The company’s quarterly revenue was up 13.6% on a year-over-year basis. On average, research analysts expect that Fair Isaac Corporation will post 24.15 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on FICO. Zacks Research downgraded shares of Fair Isaac from a “strong-buy” rating to a “hold” rating in a research report on Monday, December 1st. Weiss Ratings reiterated a “hold (c+)” rating on shares of Fair Isaac in a research report on Monday. JPMorgan Chase & Co. raised their price objective on shares of Fair Isaac from $1,750.00 to $1,825.00 and gave the stock a “neutral” rating in a report on Thursday, November 6th. Wells Fargo & Company lifted their price objective on Fair Isaac from $2,300.00 to $2,400.00 and gave the company an “overweight” rating in a research report on Tuesday, October 14th. Finally, Robert W. Baird increased their target price on Fair Isaac from $1,900.00 to $1,960.00 and gave the stock an “outperform” rating in a research report on Thursday, November 6th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Fair Isaac currently has an average rating of “Moderate Buy” and a consensus target price of $2,076.77.

Get Our Latest Report on Fair Isaac

Insider Buying and Selling at Fair Isaac

In other Fair Isaac news, Director Eva Manolis sold 521 shares of Fair Isaac stock in a transaction dated 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 transaction, the director directly owned 344 shares of the company’s stock, valued at approximately $628,085.52. The trade was a 60.23% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Steven P. Weber sold 1,426 shares of the company’s stock in a transaction that occurred on 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 in the company, valued at approximately $5,075,240. This represents a 33.71% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 10,358 shares of company stock worth $17,517,343. 3.46% of the stock is owned by corporate insiders.

Fair Isaac Profile

(Free Report)

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.

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