Fair Isaac Co. (NYSE:FICO) Shares Bought by Simon Quick Advisors LLC

Simon Quick Advisors LLC boosted its stake in Fair Isaac Co. (NYSE:FICO) by 10.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 119 shares of the technology company’s stock after acquiring an additional 11 shares during the quarter. Simon Quick Advisors LLC’s holdings in Fair Isaac were worth $237,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Public Sector Pension Investment Board grew its position in shares of Fair Isaac by 65.0% in the 2nd quarter. Public Sector Pension Investment Board now owns 942 shares of the technology company’s stock worth $1,402,000 after acquiring an additional 371 shares in the last quarter. Evergreen Capital Management LLC grew its stake in shares of Fair Isaac by 5.8% in the second quarter. Evergreen Capital Management LLC now owns 256 shares of the technology company’s stock worth $381,000 after purchasing an additional 14 shares in the last quarter. Bank of Montreal Can raised its stake in shares of Fair Isaac by 3.0% during the second quarter. Bank of Montreal Can now owns 23,872 shares of the technology company’s stock valued at $36,017,000 after purchasing an additional 697 shares in the last quarter. Insigneo Advisory Services LLC raised its position in shares of Fair Isaac by 39.4% during the 2nd quarter. Insigneo Advisory Services LLC now owns 407 shares of the technology company’s stock worth $644,000 after buying an additional 115 shares in the last quarter. Finally, APG Asset Management US Inc. lifted its position in Fair Isaac by 2.3% in the second quarter. APG Asset Management US Inc. now owns 7,740 shares of the technology company’s stock worth $11,583,000 after purchasing an additional 177 shares during the period. 85.75% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Fair Isaac news, EVP Thomas A. Bowers sold 2,680 shares of the firm’s stock in a transaction that occurred on Monday, November 11th. The shares were sold at an average price of $2,338.21, for a total transaction of $6,266,402.80. Following the completion of the transaction, the executive vice president now owns 5,769 shares in the company, valued at approximately $13,489,133.49. This trade represents a 31.72 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Steven P. Weber sold 139 shares of the business’s stock in a transaction that occurred on Thursday, January 9th. The shares were sold at an average price of $1,964.42, for a total value of $273,054.38. Following the completion of the transaction, the chief financial officer now directly owns 2,478 shares in the company, valued at approximately $4,867,832.76. This trade represents a 5.31 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 13,589 shares of company stock worth $31,258,963 over the last three months. Insiders own 3.54% of the company’s stock.

Fair Isaac Price Performance

Shares of Fair Isaac stock opened at $1,813.88 on Friday. Fair Isaac Co. has a 1 year low of $1,105.65 and a 1 year high of $2,402.51. The company has a market capitalization of $44.17 billion, a price-to-earnings ratio of 88.70, a P/E/G ratio of 3.46 and a beta of 1.40. The business has a fifty day simple moving average of $2,115.89 and a two-hundred day simple moving average of $1,940.96.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the company. Barclays lifted their target price on Fair Isaac from $2,150.00 to $2,350.00 and gave the stock an “overweight” rating in a report on Thursday, November 7th. Needham & Company LLC increased their price target on Fair Isaac from $1,850.00 to $2,500.00 and gave the company a “buy” rating in a report on Thursday, November 7th. JPMorgan Chase & Co. assumed coverage on Fair Isaac in a report on Friday, December 20th. They issued a “neutral” rating and a $2,150.00 target price on the stock. Oppenheimer lowered their price objective on Fair Isaac from $2,515.00 to $2,409.00 and set an “outperform” rating on the stock in a research report on Tuesday, January 7th. Finally, Wells Fargo & Company increased their price objective on Fair Isaac from $2,200.00 to $2,400.00 and gave the stock an “overweight” rating in a research note on Thursday, November 7th. Five research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $2,087.77.

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.