Mitsubishi UFJ Trust & Banking Corp Sells 6,465 Shares of Fair Isaac Corporation $FICO

Mitsubishi UFJ Trust & Banking Corp decreased its position in Fair Isaac Corporation (NYSE:FICO) by 31.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,858 shares of the technology company’s stock after selling 6,465 shares during the quarter. Mitsubishi UFJ Trust & Banking Corp’s holdings in Fair Isaac were worth $20,739,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in FICO. Brighton Jones LLC increased its stake in Fair Isaac by 168.7% in the 4th quarter. Brighton Jones LLC now owns 481 shares of the technology company’s stock valued at $958,000 after buying an additional 302 shares during the last quarter. Great Lakes Advisors LLC lifted its holdings in Fair Isaac by 5.7% during the first quarter. Great Lakes Advisors LLC now owns 112 shares of the technology company’s stock worth $207,000 after acquiring an additional 6 shares during the period. Woodline Partners LP lifted its holdings in Fair Isaac by 46.1% during the first quarter. Woodline Partners LP now owns 2,138 shares of the technology company’s stock worth $3,943,000 after acquiring an additional 675 shares during the period. Fifth Third Bancorp grew its stake in Fair Isaac by 5.4% in the 2nd quarter. Fifth Third Bancorp now owns 413 shares of the technology company’s stock valued at $755,000 after purchasing an additional 21 shares during the period. Finally, Patton Fund Management Inc. bought a new position in Fair Isaac in the 2nd quarter valued at $223,000. 85.75% of the stock is owned by institutional investors.

Fair Isaac Trading Up 0.3%

FICO opened at $1,549.95 on Tuesday. Fair Isaac Corporation has a 12 month low of $1,300.00 and a 12 month high of $2,217.60. The company has a market cap of $36.83 billion, a PE ratio of 58.38, a price-to-earnings-growth ratio of 1.65 and a beta of 1.30. The company has a 50 day moving average of $1,703.65 and a 200 day moving average of $1,604.99.

Fair Isaac (NYSE:FICO) last posted its earnings results on Thursday, October 30th. The technology company reported $7.74 earnings per share (EPS) for the quarter, topping the consensus estimate 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 the consensus estimate of $512.38 million. During the same quarter in the prior year, the business posted $6.54 earnings per share. The business’s quarterly revenue was up 13.6% on a year-over-year basis. Research analysts forecast that Fair Isaac Corporation will post 24.15 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Fair Isaac news, CEO William J. Lansing sold 2,400 shares of the firm’s stock in a transaction dated 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 transaction, the chief executive officer owned 10,933 shares in the company, valued at $18,945,577.04. This trade represents a 18.00% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, 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 transaction, the director directly owned 344 shares of the company’s stock, valued at $628,085.52. The trade was a 60.23% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 4,347 shares of company stock valued at $7,691,229. Corporate insiders own 3.46% of the company’s stock.

Analyst Ratings Changes

FICO has been the topic of a number of research analyst reports. Needham & Company LLC reissued a “buy” rating and issued a $1,950.00 price target on shares of Fair Isaac in a report on Thursday, October 2nd. Zacks Research lowered shares of Fair Isaac from a “strong-buy” rating to a “hold” rating in a research report on Monday, December 1st. BMO Capital Markets reduced their target price on shares of Fair Isaac from $2,300.00 to $2,200.00 and set an “outperform” rating for the company in a research report on Thursday, November 6th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Fair Isaac in a report on Monday, December 29th. Finally, Seaport Research Partners raised Fair Isaac to a “strong-buy” rating in a report on Wednesday, October 1st. Nine research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $2,092.15.

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.