Whetstone Capital Advisors LLC Sells 134 Shares of Fair Isaac Co. (NYSE:FICO)

Whetstone Capital Advisors LLC cut its holdings in shares of Fair Isaac Co. (NYSE:FICO) by 2.0% during the 1st quarter, HoldingsChannel.com reports. The fund owned 6,638 shares of the technology company’s stock after selling 134 shares during the period. Fair Isaac accounts for approximately 0.7% of Whetstone Capital Advisors LLC’s portfolio, making the stock its 25th biggest position. Whetstone Capital Advisors LLC’s holdings in Fair Isaac were worth $3,226,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Carroll Financial Associates Inc. bought a new stake in shares of Fair Isaac in the first quarter valued at about $26,000. Total Clarity Wealth Management Inc. bought a new stake in shares of Fair Isaac in the first quarter valued at about $27,000. Carmichael Hill & Associates Inc. lifted its holdings in shares of Fair Isaac by 50.0% in the first quarter. Carmichael Hill & Associates Inc. now owns 75 shares of the technology company’s stock valued at $36,000 after purchasing an additional 25 shares in the last quarter. First Horizon Advisors Inc. lifted its holdings in shares of Fair Isaac by 31.2% in the fourth quarter. First Horizon Advisors Inc. now owns 101 shares of the technology company’s stock valued at $51,000 after purchasing an additional 24 shares in the last quarter. Finally, Parallel Advisors LLC lifted its holdings in shares of Fair Isaac by 33.7% in the fourth quarter. Parallel Advisors LLC now owns 115 shares of the technology company’s stock valued at $59,000 after purchasing an additional 29 shares in the last quarter. Hedge funds and other institutional investors own 87.10% of the company’s stock.

In other news, EVP James M. Wehmann sold 15,000 shares of the business’s stock in a transaction that occurred on Tuesday, March 23rd. The stock was sold at an average price of $474.73, for a total transaction of $7,120,950.00. Following the completion of the sale, the executive vice president now owns 64,920 shares in the company, valued at $30,819,471.60. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director James Kirsner sold 4,580 shares of the business’s stock in a transaction that occurred on Thursday, May 20th. The stock was sold at an average price of $503.88, for a total value of $2,307,770.40. Following the sale, the director now owns 4,580 shares of the company’s stock, valued at approximately $2,307,770.40. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 47,508 shares of company stock valued at $22,954,317. Corporate insiders own 3.27% of the company’s stock.

A number of analysts recently issued reports on FICO shares. Barclays lifted their target price on Fair Isaac from $565.00 to $570.00 and gave the company an “overweight” rating in a research report on Wednesday, April 28th. Zacks Investment Research raised Fair Isaac from a “hold” rating to a “buy” rating and set a $543.00 target price on the stock in a research report on Tuesday, March 30th. One analyst has rated the stock with a hold rating and six have issued a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus price target of $537.71.

NYSE FICO traded up $1.09 during trading on Friday, reaching $497.51. 1,522 shares of the company’s stock were exchanged, compared to its average volume of 204,569. The firm’s 50 day simple moving average is $506.95. The firm has a market capitalization of $14.32 billion, a PE ratio of 53.04 and a beta of 1.26. The company has a quick ratio of 1.10, a current ratio of 1.10 and a debt-to-equity ratio of 3.31. Fair Isaac Co. has a fifty-two week low of $380.00 and a fifty-two week high of $547.57.

Fair Isaac (NYSE:FICO) last announced its quarterly earnings results on Wednesday, May 5th. The technology company reported $3.06 earnings per share for the quarter, topping analysts’ consensus estimates of $1.90 by $1.16. Fair Isaac had a return on equity of 96.79% and a net margin of 20.90%. The firm had revenue of $331.40 million for the quarter, compared to the consensus estimate of $322.39 million. During the same quarter in the previous year, the business earned $2.14 earnings per share. The business’s revenue was up 7.6% compared to the same quarter last year. On average, analysts forecast that Fair Isaac Co. will post 8.53 earnings per share for the current year.

Fair Isaac Profile

Fair Isaac Corporation develops analytic, software, and data management products and services that enable businesses to automate, enhance, and connect decisions in North America, Latin America, Europe, the Middle East, Africa, and the Asia Pacific. 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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