Burney Co. Has $19.81 Million Stock Holdings in Fair Isaac Corporation $FICO

Burney Co. decreased its position in Fair Isaac Corporation (NYSE:FICO) by 5.2% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 13,238 shares of the technology company’s stock after selling 723 shares during the quarter. Burney Co.’s holdings in Fair Isaac were worth $19,811,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in FICO. Brighton Jones LLC grew its stake in Fair Isaac by 168.7% during the fourth quarter. Brighton Jones LLC now owns 481 shares of the technology company’s stock worth $958,000 after buying an additional 302 shares during the last quarter. Ieq Capital LLC boosted its holdings in shares of Fair Isaac by 14.4% in the 1st quarter. Ieq Capital LLC now owns 2,998 shares of the technology company’s stock worth $5,529,000 after acquiring an additional 378 shares in the last quarter. OMERS ADMINISTRATION Corp grew its position in Fair Isaac by 10.5% during the 1st quarter. OMERS ADMINISTRATION Corp now owns 2,306 shares of the technology company’s stock worth $4,253,000 after acquiring an additional 219 shares during the last quarter. Landscape Capital Management L.L.C. increased its holdings in Fair Isaac by 56.8% during the 1st quarter. Landscape Capital Management L.L.C. now owns 1,038 shares of the technology company’s stock valued at $1,914,000 after purchasing an additional 376 shares in the last quarter. Finally, Canada Pension Plan Investment Board raised its position in Fair Isaac by 12.7% in the 1st quarter. Canada Pension Plan Investment Board now owns 6,465 shares of the technology company’s stock valued at $11,922,000 after purchasing an additional 729 shares during the last quarter. 85.75% of the stock is owned by institutional investors.

Insider Transactions at Fair Isaac

In other news, CEO William J. Lansing sold 4,942 shares of the firm’s stock in a transaction on Tuesday, October 14th. The stock was sold at an average price of $1,631.34, for a total value of $8,062,082.28. Following the transaction, the chief executive officer directly owned 43,207 shares in the company, valued at $70,485,307.38. This trade represents a 10.26% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Steven P. Weber sold 1,426 shares of the company’s stock in a transaction dated Wednesday, December 17th. The shares were sold at an average price of $1,810.00, for a total value of $2,581,060.00. Following the completion of the sale, the chief financial officer owned 2,804 shares of the company’s stock, valued at $5,075,240. This represents a 33.71% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 10,358 shares of company stock worth $17,517,343 in the last three months. Insiders own 3.46% of the company’s stock.

Analyst Ratings Changes

Several analysts have recently commented on the company. Weiss Ratings restated a “hold (c+)” rating on shares of Fair Isaac in a report on Monday. BMO Capital Markets decreased their price objective on shares of Fair Isaac from $2,300.00 to $2,200.00 and set an “outperform” rating on the stock in a report on Thursday, November 6th. Wells Fargo & Company boosted their target price on shares of Fair Isaac from $2,300.00 to $2,400.00 and gave the stock an “overweight” rating in a research note on Tuesday, October 14th. Needham & Company LLC reissued a “buy” rating and set a $1,950.00 price target on shares of Fair Isaac in a research note on Thursday, October 2nd. Finally, Jefferies Financial Group lowered their price target on shares of Fair Isaac from $2,150.00 to $2,100.00 and set a “buy” rating for the company in a report on Thursday, November 6th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $2,076.77.

Fair Isaac Trading Up 1.3%

Shares of NYSE FICO opened at $1,752.96 on Friday. The firm has a market capitalization of $41.56 billion, a PE ratio of 66.02, a price-to-earnings-growth ratio of 1.92 and a beta of 1.29. Fair Isaac Corporation has a 1 year low of $1,300.00 and a 1 year high of $2,217.60. The firm’s 50-day moving average is $1,727.64 and its 200-day moving average is $1,634.76.

Fair Isaac (NYSE:FICO) last posted its quarterly earnings results 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 the consensus estimate of $512.38 million. During the same period in the previous year, the firm posted $6.54 earnings per share. Fair Isaac’s revenue for the quarter was up 13.6% compared to the same quarter last year. As a group, equities research analysts anticipate that Fair Isaac Corporation will post 24.15 earnings per share for the current fiscal year.

Fair Isaac Profile

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.