Wealthquest Corp Makes New $207,000 Investment in Fair Isaac Co. (NYSE:FICO)

Wealthquest Corp bought a new stake in shares of Fair Isaac Co. (NYSE:FICO) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 104 shares of the technology company’s stock, valued at approximately $207,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Mercer Global Advisors Inc. ADV grew its stake in Fair Isaac by 5.8% in the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 779 shares of the technology company’s stock valued at $1,159,000 after acquiring an additional 43 shares during the period. Summit Trail Advisors LLC purchased a new stake in shares of Fair Isaac during the second quarter worth about $284,000. Profund Advisors LLC raised its position in shares of Fair Isaac by 6.1% during the 2nd quarter. Profund Advisors LLC now owns 524 shares of the technology company’s stock worth $780,000 after purchasing an additional 30 shares during the last quarter. ProShare Advisors LLC lifted its stake in Fair Isaac by 6.8% in the 2nd quarter. ProShare Advisors LLC now owns 4,540 shares of the technology company’s stock valued at $6,759,000 after buying an additional 288 shares in the last quarter. Finally, Fidelis Capital Partners LLC boosted its holdings in Fair Isaac by 5.3% in the 2nd quarter. Fidelis Capital Partners LLC now owns 276 shares of the technology company’s stock worth $411,000 after buying an additional 14 shares during the last quarter. Hedge funds and other institutional investors own 85.75% of the company’s stock.

Fair Isaac Stock Performance

FICO opened at $1,897.10 on Tuesday. The stock has a market capitalization of $46.19 billion, a PE ratio of 92.77, a P/E/G ratio of 3.55 and a beta of 1.40. Fair Isaac Co. has a one year low of $1,105.65 and a one year high of $2,402.51. The business’s 50 day moving average price is $2,152.86 and its 200 day moving average price is $1,937.65.

Insider Activity

In other Fair Isaac news, EVP Thomas A. Bowers sold 2,680 shares of the company’s stock in a transaction dated Monday, November 11th. The shares were 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 transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director Henry Tayloe Stansbury sold 249 shares of Fair Isaac stock in a transaction dated 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 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 ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 13,589 shares of company stock valued at $31,258,963 in the last quarter. Insiders own 3.54% of the company’s stock.

Analysts Set New Price Targets

FICO has been the subject of a number of research analyst reports. Barclays increased their target price on Fair Isaac from $2,150.00 to $2,350.00 and gave the company an “overweight” rating in a report on Thursday, November 7th. UBS Group started coverage on Fair Isaac in a report on Tuesday, October 1st. They issued a “neutral” rating and a $2,100.00 price objective on the stock. Jefferies Financial Group increased their target price on shares of Fair Isaac from $2,250.00 to $2,275.00 and gave the company a “buy” rating in a research report on Wednesday, January 15th. Wells Fargo & Company boosted their price target on shares of Fair Isaac from $2,200.00 to $2,400.00 and gave the stock an “overweight” rating in a research report on Thursday, November 7th. Finally, 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. Five investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $2,087.77.

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.