TD Private Client Wealth LLC Has $2.86 Million Stock Holdings in Fair Isaac Co. (NYSE:FICO)

TD Private Client Wealth LLC trimmed its holdings in Fair Isaac Co. (NYSE:FICO) by 2.7% during the third quarter, Holdings Channel reports. The institutional investor owned 1,470 shares of the technology company’s stock after selling 41 shares during the quarter. TD Private Client Wealth LLC’s holdings in Fair Isaac were worth $2,857,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in FICO. Sequoia Financial Advisors LLC boosted its position in shares of Fair Isaac by 6.0% during the second quarter. Sequoia Financial Advisors LLC now owns 372 shares of the technology company’s stock valued at $554,000 after buying an additional 21 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its stake in shares of Fair Isaac by 24.6% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 1,419 shares of the technology company’s stock worth $2,112,000 after acquiring an additional 280 shares in the last quarter. Great Valley Advisor Group Inc. purchased a new stake in shares of Fair Isaac in the second quarter valued at about $529,000. Envestnet Portfolio Solutions Inc. lifted its position in shares of Fair Isaac by 0.5% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 3,686 shares of the technology company’s stock valued at $5,487,000 after purchasing an additional 20 shares in the last quarter. Finally, SteelPeak Wealth LLC purchased a new position in Fair Isaac during the second quarter worth about $447,000. 85.75% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities research analysts have commented on the stock. Needham & Company LLC increased their price objective on shares of Fair Isaac from $1,850.00 to $2,500.00 and gave the company a “buy” rating in a research note on Thursday, November 7th. 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. Robert W. Baird boosted their price objective on Fair Isaac from $1,700.00 to $2,000.00 and gave the stock a “neutral” rating in a research report on Thursday, November 7th. Barclays raised their target price on Fair Isaac from $2,150.00 to $2,350.00 and gave the company an “overweight” rating in a research report on Thursday, November 7th. Finally, Oppenheimer boosted their price target on shares of Fair Isaac from $2,324.00 to $2,515.00 and gave the stock an “outperform” rating in a report on Monday, December 2nd. Four equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $2,022.67.

Insider Transactions at Fair Isaac

In related news, Director Henry Tayloe Stansbury sold 249 shares of the stock in a transaction dated Monday, November 11th. The stock was sold at an average price of $2,338.55, for a total transaction of $582,298.95. Following the sale, the director now owns 92 shares of the company’s stock, valued at approximately $215,146.60. This represents a 73.02 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP James M. Wehmann sold 3,500 shares of Fair Isaac stock in a transaction dated Thursday, December 5th. The shares were sold at an average price of $2,373.85, for a total value of $8,308,475.00. Following the transaction, the executive vice president now directly owns 45,395 shares of the company’s stock, valued at $107,760,920.75. The trade was a 7.16 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 9,930 shares of company stock worth $23,281,002 over the last quarter. Corporate insiders own 3.54% of the company’s stock.

Fair Isaac Stock Performance

Shares of FICO opened at $2,192.37 on Thursday. The firm has a market cap of $53.38 billion, a P/E ratio of 107.21, a price-to-earnings-growth ratio of 4.37 and a beta of 1.36. Fair Isaac Co. has a fifty-two week low of $1,105.65 and a fifty-two week high of $2,402.51. The business has a 50-day moving average of $2,160.74 and a 200 day moving average of $1,812.26.

About Fair Isaac

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.