Fair Isaac Co. (NYSE:FICO) Shares Sold by Solidarity Wealth LLC

Solidarity Wealth LLC lowered its stake in Fair Isaac Co. (NYSE:FICO) by 8.2% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 3,920 shares of the technology company’s stock after selling 352 shares during the quarter. Fair Isaac accounts for about 2.0% of Solidarity Wealth LLC’s portfolio, making the stock its 16th biggest holding. Solidarity Wealth LLC’s holdings in Fair Isaac were worth $7,804,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Ballentine Partners LLC grew its stake in Fair Isaac by 9.4% in the 4th quarter. Ballentine Partners LLC now owns 186 shares of the technology company’s stock valued at $370,000 after acquiring an additional 16 shares during the period. Wealthquest Corp purchased a new position in Fair Isaac in the 4th quarter valued at $207,000. Mechanics Bank Trust Department lifted its holdings in Fair Isaac by 5.7% in the 4th quarter. Mechanics Bank Trust Department now owns 112 shares of the technology company’s stock valued at $223,000 after purchasing an additional 6 shares in the last quarter. Diversify Advisory Services LLC lifted its holdings in Fair Isaac by 13.6% in the 4th quarter. Diversify Advisory Services LLC now owns 444 shares of the technology company’s stock valued at $851,000 after purchasing an additional 53 shares in the last quarter. Finally, Diversify Wealth Management LLC lifted its holdings in Fair Isaac by 1.1% in the 4th quarter. Diversify Wealth Management LLC now owns 1,063 shares of the technology company’s stock valued at $2,038,000 after purchasing an additional 12 shares in the last quarter. Institutional investors and hedge funds own 85.75% of the company’s stock.

Fair Isaac Stock Down 3.7 %

FICO stock opened at $1,897.10 on Tuesday. The business has a 50 day moving average price of $2,152.86 and a 200 day moving average price of $1,937.65. The stock has a market cap of $46.19 billion, a price-to-earnings ratio of 92.77, a PEG ratio of 3.50 and a beta of 1.40. Fair Isaac Co. has a fifty-two week low of $1,105.65 and a fifty-two week high of $2,402.51.

Analyst Ratings Changes

FICO has been the topic of several analyst reports. Wells Fargo & Company lifted 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. Oppenheimer reduced 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, January 7th. The Goldman Sachs Group lifted their price target on 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 initiated coverage on Fair Isaac in a report on Tuesday, October 1st. They set a “neutral” rating and a $2,100.00 price target on the stock. Finally, Needham & Company LLC lifted their price target on Fair Isaac from $1,850.00 to $2,500.00 and gave the stock a “buy” rating in a report on Thursday, November 7th. Five equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $2,087.77.

Insider Buying and Selling at Fair Isaac

In other news, 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 transaction of $273,054.38. Following the completion of the sale, the chief financial officer now owns 2,478 shares in the company, valued at $4,867,832.76. This represents a 5.31 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Thomas A. Bowers sold 2,680 shares of the company’s 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 sale, the executive vice president now owns 5,769 shares of the company’s stock, valued at $13,489,133.49. This trade represents a 31.72 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 13,589 shares of company stock worth $31,258,963. 3.54% of the stock is owned by insiders.

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.