ClariVest Asset Management LLC decreased its stake in shares of Fair Isaac Co. (NYSE:FICO) by 39.8% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 14,042 shares of the technology company’s stock after selling 9,290 shares during the period. ClariVest Asset Management LLC’s holdings in Fair Isaac were worth $3,209,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Commonwealth Equity Services LLC grew its position in shares of Fair Isaac by 199.2% in the 3rd quarter. Commonwealth Equity Services LLC now owns 3,172 shares of the technology company’s stock valued at $725,000 after purchasing an additional 2,112 shares during the period. Los Angeles Capital Management & Equity Research Inc. grew its position in shares of Fair Isaac by 221.9% in the 3rd quarter. Los Angeles Capital Management & Equity Research Inc. now owns 78,761 shares of the technology company’s stock valued at $18,001,000 after purchasing an additional 54,294 shares during the period. WINTON GROUP Ltd grew its position in shares of Fair Isaac by 862.7% in the 3rd quarter. WINTON GROUP Ltd now owns 44,976 shares of the technology company’s stock valued at $10,279,000 after purchasing an additional 40,304 shares during the period. American Century Companies Inc. grew its position in shares of Fair Isaac by 6.6% in the 3rd quarter. American Century Companies Inc. now owns 63,090 shares of the technology company’s stock valued at $14,419,000 after purchasing an additional 3,915 shares during the period. Finally, Chicago Capital LLC grew its position in shares of Fair Isaac by 7.2% in the 3rd quarter. Chicago Capital LLC now owns 128,207 shares of the technology company’s stock valued at $29,302,000 after purchasing an additional 8,665 shares during the period. Institutional investors and hedge funds own 84.46% of the company’s stock.

A number of equities analysts have weighed in on FICO shares. Wells Fargo & Co set a $250.00 price target on Fair Isaac and gave the stock a “buy” rating in a research report on Sunday, November 4th. ValuEngine downgraded Fair Isaac from a “strong-buy” rating to a “buy” rating in a research report on Friday, November 2nd. Finally, Zacks Investment Research downgraded Fair Isaac from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, September 25th. One research analyst has rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of $208.50.

NYSE:FICO opened at $191.92 on Monday. Fair Isaac Co. has a twelve month low of $152.00 and a twelve month high of $241.10. The company has a debt-to-equity ratio of 2.01, a current ratio of 0.80 and a quick ratio of 0.84. The company has a market cap of $5.56 billion, a price-to-earnings ratio of 44.22, a PEG ratio of 3.92 and a beta of 1.43.

Fair Isaac (NYSE:FICO) last released its quarterly earnings results on Thursday, November 1st. The technology company reported $1.89 earnings per share for the quarter, missing analysts’ consensus estimates of $2.02 by ($0.13). Fair Isaac had a return on equity of 45.11% and a net margin of 13.79%. The firm had revenue of $279.80 million for the quarter, compared to analyst estimates of $272.70 million. During the same period last year, the company earned $1.65 EPS. The company’s revenue was up 10.5% compared to the same quarter last year. On average, sell-side analysts forecast that Fair Isaac Co. will post 4.89 earnings per share for the current fiscal year.

In other Fair Isaac news, insider James M. Wehmann sold 14,485 shares of the company’s stock in a transaction that occurred on Wednesday, November 14th. The stock was sold at an average price of $189.50, for a total transaction of $2,744,907.50. Following the completion of the transaction, the insider now owns 104,211 shares of the company’s stock, valued at approximately $19,747,984.50. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider James M. Wehmann sold 10,000 shares of the company’s stock in a transaction that occurred on Tuesday, September 4th. The stock was sold at an average price of $232.72, for a total value of $2,327,200.00. Following the transaction, the insider now directly owns 99,726 shares of the company’s stock, valued at approximately $23,208,234.72. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 112,979 shares of company stock valued at $24,268,016. Insiders own 5.60% of the company’s stock.

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Fair Isaac Company Profile

Fair Isaac Corporation develops analytic, software, and data management products and services that enable businesses to automate, enhance, and connect decisions. The company offers analytical solutions, credit scoring, and credit account management products and services to banks, credit reporting agencies, credit card processing agencies, insurers, retailers, healthcare organizations, and public agencies.

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Institutional Ownership by Quarter for Fair Isaac (NYSE:FICO)

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