Fair Isaac Co. (NYSE:FICO) Shares Sold by Hilltop National Bank

Hilltop National Bank lowered its position in shares of Fair Isaac Co. (NYSE:FICO) by 17.8% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 37 shares of the technology company’s stock after selling 8 shares during the period. Hilltop National Bank’s holdings in Fair Isaac were worth $74,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in FICO. Capital Performance Advisors LLP acquired a new stake in shares of Fair Isaac during the third quarter worth about $25,000. True Wealth Design LLC increased its position in shares of Fair Isaac by 900.0% during the third quarter. True Wealth Design LLC now owns 20 shares of the technology company’s stock worth $39,000 after purchasing an additional 18 shares in the last quarter. Meeder Asset Management Inc. increased its position in shares of Fair Isaac by 37.5% during the third quarter. Meeder Asset Management Inc. now owns 22 shares of the technology company’s stock worth $43,000 after purchasing an additional 6 shares in the last quarter. Versant Capital Management Inc increased its position in shares of Fair Isaac by 500.0% during the fourth quarter. Versant Capital Management Inc now owns 24 shares of the technology company’s stock worth $48,000 after purchasing an additional 20 shares in the last quarter. Finally, Covestor Ltd increased its position in shares of Fair Isaac by 30.0% during the third quarter. Covestor Ltd now owns 26 shares of the technology company’s stock worth $52,000 after purchasing an additional 6 shares in the last quarter. Institutional investors and hedge funds own 85.75% of the company’s stock.

Fair Isaac Trading Down 2.5 %

FICO stock opened at $1,915.00 on Friday. The firm has a 50 day moving average of $2,180.28 and a 200-day moving average of $1,909.74. Fair Isaac Co. has a 12-month low of $1,105.65 and a 12-month high of $2,402.51. The company has a market cap of $46.63 billion, a price-to-earnings ratio of 93.64, a PEG ratio of 4.00 and a beta of 1.40.

Insider Activity

In related news, Director Marc F. Mcmorris sold 520 shares of Fair Isaac stock in a transaction that occurred on Tuesday, December 17th. The stock was sold at an average price of $2,152.57, for a total transaction of $1,119,336.40. Following the completion of the transaction, the director now directly owns 242 shares in the company, valued at $520,921.94. The trade was a 68.24 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Thomas A. Bowers sold 2,680 shares of Fair Isaac stock in a transaction that occurred on Monday, November 11th. The stock was sold at an average price of $2,338.21, for a total value of $6,266,402.80. Following the transaction, the executive vice president now owns 5,769 shares of the company’s stock, valued at $13,489,133.49. This represents a 31.72 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 13,450 shares of company stock worth $30,985,908. Company insiders own 3.54% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on FICO shares. Oppenheimer lowered their price target on Fair Isaac from $2,515.00 to $2,409.00 and set an “outperform” rating on the stock in a report on Tuesday. Wells Fargo & Company raised their price target on Fair Isaac from $2,200.00 to $2,400.00 and gave the stock an “overweight” rating in a report on Thursday, November 7th. Royal Bank of Canada reissued a “sector perform” rating and set a $2,040.00 price target on shares of Fair Isaac in a report on Thursday, November 7th. Robert W. Baird raised their price target on Fair Isaac from $1,700.00 to $2,000.00 and gave the stock a “neutral” rating in a report on Thursday, November 7th. Finally, JPMorgan Chase & Co. started coverage on Fair Isaac in a report on Friday, December 20th. They set a “neutral” rating and a $2,150.00 price target on the stock. Five equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $2,024.31.

Fair Isaac Company Profile

Fair Isaac Corporation develops analytic, software, and digital decisioning technologies and services that enable businesses to automate, enhance, and connect decisions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company operates in two segments, Scores and Software. The Software segment provides pre-configured analytic and decision management solution designed for various business needs or processes, such as account origination, customer management, customer engagement, fraud detection, financial crimes compliance, and marketing, as well as associated professional services.