Mather Group LLC. raised its stake in Fair Isaac Co. (NYSE:FICO – Free Report) by 5.2% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 122 shares of the technology company’s stock after buying an additional 6 shares during the quarter. Mather Group LLC.’s holdings in Fair Isaac were worth $243,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors also recently modified their holdings of FICO. First National Bank of Omaha acquired a new position in Fair Isaac during the 3rd quarter valued at about $1,576,000. National Bank of Canada FI increased its stake in shares of Fair Isaac by 51.9% in the third quarter. National Bank of Canada FI now owns 19,817 shares of the technology company’s stock valued at $38,514,000 after purchasing an additional 6,768 shares during the period. Donoghue Forlines LLC bought a new stake in shares of Fair Isaac during the fourth quarter valued at approximately $1,935,000. Swedbank AB boosted its position in shares of Fair Isaac by 11.5% during the third quarter. Swedbank AB now owns 9,822 shares of the technology company’s stock worth $19,089,000 after buying an additional 1,013 shares during the period. Finally, BNP Paribas bought a new position in Fair Isaac in the 3rd quarter worth approximately $445,000. Institutional investors and hedge funds own 85.75% of the company’s stock.
Fair Isaac Stock Up 1.8 %
Shares of Fair Isaac stock opened at $1,881.80 on Friday. Fair Isaac Co. has a 12 month low of $1,105.65 and a 12 month high of $2,402.51. The stock has a market cap of $46.00 billion, a PE ratio of 92.02, a price-to-earnings-growth ratio of 3.45 and a beta of 1.39. The business has a fifty day simple moving average of $2,028.91 and a 200-day simple moving average of $1,957.75.
Insider Buying and Selling
In other Fair Isaac news, Director Henry Tayloe Stansbury sold 249 shares of the business’s stock in a transaction dated Monday, November 11th. The stock was sold at an average price of $2,338.55, for a total value of $582,298.95. Following the completion of the sale, the director now owns 92 shares of the company’s stock, valued at $215,146.60. The trade was a 73.02 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Steven P. Weber sold 139 shares of the company’s stock in a transaction that occurred on Thursday, January 9th. The stock was sold at an average price of $1,964.42, for a total value of $273,054.38. Following the sale, the chief financial officer now directly owns 2,478 shares of the company’s stock, valued at $4,867,832.76. The trade was a 5.31 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 13,589 shares of company stock worth $31,258,963. Corporate insiders own 3.46% of the company’s stock.
Analyst Ratings Changes
A number of brokerages have issued reports on FICO. Wells Fargo & Company reduced their price target on Fair Isaac from $2,650.00 to $2,600.00 and set an “overweight” rating for the company in a research report on Wednesday. The Goldman Sachs Group upped their price objective on shares of Fair Isaac from $2,374.00 to $2,661.00 and gave the stock a “buy” rating in a report on Thursday, December 5th. UBS Group lowered their target price on shares of Fair Isaac from $2,250.00 to $2,100.00 and set a “neutral” rating on the stock in a research note on Monday, January 27th. JPMorgan Chase & Co. initiated coverage on shares of Fair Isaac in a research note on Friday, December 20th. They issued a “neutral” rating and a $2,150.00 price target for the company. Finally, Barclays raised their price objective on shares of Fair Isaac from $2,150.00 to $2,350.00 and gave the company an “overweight” rating in a research note on Thursday, November 7th. Five analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $2,078.15.
Read Our Latest Research Report on FICO
Fair Isaac 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.
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