Vinva Investment Management Ltd Purchases 50 Shares of Fair Isaac Co. (NYSE:FICO)

Vinva Investment Management Ltd grew its holdings in Fair Isaac Co. (NYSE:FICO) by 4.9% in the third quarter, HoldingsChannel reports. The fund owned 1,065 shares of the technology company’s stock after buying an additional 50 shares during the period. Vinva Investment Management Ltd’s holdings in Fair Isaac were worth $2,044,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of FICO. Capital Performance Advisors LLP acquired a new position in Fair Isaac in the third quarter valued at about $25,000. Advisors Asset Management Inc. bought a new stake in shares of Fair Isaac during the 1st quarter valued at approximately $26,000. Tortoise Investment Management LLC increased its position in Fair Isaac by 81.8% during the 2nd quarter. Tortoise Investment Management LLC now owns 20 shares of the technology company’s stock worth $30,000 after purchasing an additional 9 shares in the last quarter. Family Firm Inc. bought a new position in Fair Isaac in the 2nd quarter valued at approximately $34,000. Finally, Meeder Asset Management Inc. boosted its position in Fair Isaac by 37.5% in the third quarter. Meeder Asset Management Inc. now owns 22 shares of the technology company’s stock valued at $43,000 after buying an additional 6 shares in the last quarter. Institutional investors own 85.75% of the company’s stock.

Insiders Place Their Bets

In other news, Director Henry Tayloe Stansbury sold 249 shares of the firm’s stock in a transaction that occurred on Monday, November 11th. The shares were sold at an average price of $2,338.55, for a total transaction 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. This trade represents a 73.02 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, EVP Thomas A. Bowers sold 2,680 shares of the business’s stock in a transaction on Monday, November 11th. The shares were sold at an average price of $2,338.21, for a total transaction of $6,266,402.80. Following the transaction, the executive vice president now owns 5,769 shares in the company, valued at $13,489,133.49. The trade was a 31.72 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 10,390 shares of company stock worth $21,901,887. Company insiders own 3.54% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have recently commented on the company. Robert W. Baird increased their price target on Fair Isaac from $1,700.00 to $2,000.00 and gave the company a “neutral” rating in a research note on Thursday, November 7th. Wells Fargo & Company lifted their price target on Fair Isaac from $2,200.00 to $2,400.00 and gave the company an “overweight” rating in a research note on Thursday, November 7th. Royal Bank of Canada reiterated a “sector perform” rating and issued a $2,040.00 price objective on shares of Fair Isaac in a report on Thursday, November 7th. The Goldman Sachs Group lifted their target price on shares of Fair Isaac from $2,130.00 to $2,374.00 and gave the stock a “buy” rating in a research report on Thursday, November 7th. Finally, Needham & Company LLC upped their price target on shares of Fair Isaac from $1,850.00 to $2,500.00 and gave the company a “buy” rating in a research report on Thursday, November 7th. Four analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $1,964.92.

Fair Isaac Stock Up 1.2 %

Shares of NYSE FICO opened at $2,382.63 on Friday. The company has a market capitalization of $58.02 billion, a PE ratio of 116.51, a P/E/G ratio of 4.33 and a beta of 1.35. Fair Isaac Co. has a twelve month low of $1,070.37 and a twelve month high of $2,402.51. The firm has a fifty day simple moving average of $2,092.41 and a 200 day simple moving average of $1,751.28.

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.