Chicago Capital LLC Reduces Stake in Fair Isaac Co.

Chicago Capital LLC has decreased its stake in Fair Isaac Co. (NYSE:FICO) by 1.6% during the fourth quarter, as stated in the company's latest Form 13F filing with the Securities & Exchange Commission. After selling 685 shares in the quarter, the fund now holds 41,376 shares of this technology company. Fair Isaac represents approximately 2.2% of Chicago Capital LLC's total portfolio, making it the 14th largest holding in their investments. The value of Chicago Capital's share ownership in Fair Isaac is about $82,377,000.

Investor Activities

In addition to Chicago Capital, several other large investors have made changes to their positions in Fair Isaac. U.S. Capital Wealth Advisors LLC acquired a new stake worth $261,000 in the fourth quarter. Tokio Marine Asset Management Co. Ltd. boosted its stake by 2.3%, bringing their total to 802 shares valued at $1,597,000 after purchasing 18 additional shares last quarter. KG&L Capital Management LLC increased its holdings by 10.8%, now owning 277 shares worth $551,000 after acquiring 27 more shares. Heck Capital Advisors LLC also bought a new position valued at around $251,000. Caprock Group LLC expanded its shareholdings by 1.7%, now owning 4,146 shares valued at $8,254,000 after adding 71 more shares. Overall, institutional investors hold 85.75% of Fair Isaac's stock.

Fair Isaac Market Performance

As of Monday, shares of NYSE FICO opened at $1,874.59. The company's 50-day moving average is $2,070.67, while the 200-day moving average is $1,955.82. Fair Isaac has recorded a 12-month low of $1,105.65 and a 12-month high of $2,402.51. The firm has a market capitalization of $45.81 billion, a price-to-earnings ratio of 91.67, a price-to-earnings-growth ratio of 3.45, and a beta of 1.39.

Recent Insider Transactions

In recent news, Fair Isaac's EVP James M. Wehmann sold 3,500 shares of the company's stock on November 21, with an average sale price of $2,320.41, totaling $8,121,435. Following this, he now directly holds 48,895 shares worth approximately $113,456,446.95, reflecting a 6.68% decrease in his position. Another executive, EVP Thomas A. Bowers, sold 2,680 shares on November 11, with an average price of $2,338.21, resulting in a total of $6,266,402.80. He has since reduced his holdings to 5,769 shares valued at $13,489,133.49, a decrease of 31.72%. During the last quarter, insiders sold a total of 13,589 shares worth $31,258,963, representing 3.46% of the total stock held by insiders.

Analyst Ratings

Several analysts have provided insights on Fair Isaac shares recently. JPMorgan Chase & Co. began coverage with a "neutral" rating and a target price of $2,150. Oppenheimer adjusted their target price from $2,515 to $2,409 while maintaining an "outperform" rating. Jefferies Financial Group raised their target from $2,250 to $2,275 and rated the stock as a "buy." Royal Bank of Canada reiterated a "sector perform" rating with a target of $2,040. UBS Group lowered their target from $2,250 to $2,100 with a "neutral" rating. In total, five analysts have given a hold rating, and eight have a buy rating for the stock. The consensus rating for Fair Isaac currently is "Moderate Buy," with a price target of $2,087.77.

About Fair Isaac

Fair Isaac Corporation is engaged in developing analytics, software, and digital decision-making technologies and services. These solutions help businesses automate, improve, and connect their decision processes across various regions, including the Americas, Europe, the Middle East, Africa, and Asia Pacific. Fair Isaac operates mainly in two segments: Scores and Software. The Software segment offers pre-configured solutions for a range of business processes, including account management, customer engagement, fraud detection, regulatory compliance, and marketing.

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