Caxton Associates LLP Sells 918 Shares of Fair Isaac Corporation $FICO

Caxton Associates LLP decreased its stake in shares of Fair Isaac Corporation (NYSE:FICO) by 18.9% during the 2nd quarter, Holdings Channel reports. The firm owned 3,929 shares of the technology company’s stock after selling 918 shares during the period. Caxton Associates LLP’s holdings in Fair Isaac were worth $7,182,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the stock. CYBER HORNET ETFs LLC bought a new stake in Fair Isaac during the second quarter worth $121,000. Headlands Technologies LLC acquired a new position in shares of Fair Isaac during the 2nd quarter worth about $1,077,000. MUFG Securities EMEA plc bought a new stake in shares of Fair Isaac in the 2nd quarter valued at about $132,000. Rakuten Securities Inc. lifted its stake in Fair Isaac by 100.0% in the 2nd quarter. Rakuten Securities Inc. now owns 24 shares of the technology company’s stock valued at $44,000 after purchasing an additional 12 shares during the last quarter. Finally, State of Tennessee Department of Treasury grew its holdings in Fair Isaac by 11.1% during the second quarter. State of Tennessee Department of Treasury now owns 6,778 shares of the technology company’s stock worth $12,390,000 after purchasing an additional 678 shares during the period. Institutional investors and hedge funds own 85.75% of the company’s stock.

Analyst Ratings Changes

FICO has been the subject of several research analyst reports. Oppenheimer downgraded Fair Isaac from an “outperform” rating to a “market perform” rating in a research note on Monday, October 13th. Jefferies Financial Group reduced their price objective on shares of Fair Isaac from $2,150.00 to $2,100.00 and set a “buy” rating for the company in a research report on Thursday, November 6th. Wells Fargo & Company increased their price objective on shares of 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. Zacks Research cut shares of Fair Isaac from a “strong-buy” rating to a “hold” rating in a research note on Monday, December 1st. Finally, Robert W. Baird upped their price target on shares of Fair Isaac from $1,900.00 to $1,960.00 and gave the company an “outperform” rating in a research note on Thursday, November 6th. Two investment analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $2,076.77.

Fair Isaac Stock Performance

Shares of Fair Isaac stock opened at $1,844.13 on Friday. The firm has a 50-day moving average of $1,716.12 and a 200-day moving average of $1,632.41. Fair Isaac Corporation has a 52-week low of $1,300.00 and a 52-week high of $2,217.60. The stock has a market cap of $43.72 billion, a PE ratio of 69.46, a PEG ratio of 2.05 and a beta of 1.29.

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 the consensus estimate of $7.36 by $0.38. The business had revenue of $515.75 million during the quarter, compared to analysts’ expectations of $512.38 million. Fair Isaac had a net margin of 32.75% and a negative return on equity of 43.97%. The business’s revenue was up 13.6% on a year-over-year basis. During the same quarter in the previous year, the company earned $6.54 EPS. Equities research analysts predict that Fair Isaac Corporation will post 24.15 earnings per share for the current fiscal year.

Insider Activity

In related news, CEO William J. Lansing sold 2,400 shares of the business’s stock in a transaction that occurred on Monday, November 10th. The stock was sold at an average price of $1,732.88, for a total value of $4,158,912.00. Following the completion of the sale, the chief executive officer directly owned 10,933 shares in the company, valued at approximately $18,945,577.04. The trade was a 18.00% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Insiders sold 8,411 shares of company stock valued at $13,985,026 in the last three months. Insiders own 3.46% of the company’s stock.

About Fair Isaac

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.