Union Bancaire Privee UBP SA Purchases New Position in Fair Isaac Co. (NYSE:FICO)

Union Bancaire Privee UBP SA acquired a new position in Fair Isaac Co. (NYSE:FICO) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 578 shares of the technology company’s stock, valued at approximately $1,178,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Public Sector Pension Investment Board grew its position in shares of Fair Isaac by 65.0% during the 2nd quarter. Public Sector Pension Investment Board now owns 942 shares of the technology company’s stock valued at $1,402,000 after acquiring an additional 371 shares during the period. Algert Global LLC grew its holdings in Fair Isaac by 12.0% in the second quarter. Algert Global LLC now owns 281 shares of the technology company’s stock valued at $418,000 after purchasing an additional 30 shares during the period. Creative Planning increased its position in shares of Fair Isaac by 7.8% in the second quarter. Creative Planning now owns 3,984 shares of the technology company’s stock valued at $5,931,000 after buying an additional 289 shares in the last quarter. Magnolia Capital Advisors LLC purchased a new position in shares of Fair Isaac during the 2nd quarter valued at approximately $213,000. Finally, NewEdge Advisors LLC grew its stake in Fair Isaac by 5.2% in the 2nd quarter. NewEdge Advisors LLC now owns 808 shares of the technology company’s stock valued at $1,202,000 after acquiring an additional 40 shares during the period. Institutional investors and hedge funds own 85.75% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have weighed in on FICO shares. The Goldman Sachs Group upped their price objective on shares of Fair Isaac from $2,374.00 to $2,661.00 and gave the stock a “buy” rating in a research report on Thursday, December 5th. Royal Bank of Canada restated a “sector perform” rating and set a $2,040.00 price target on shares of Fair Isaac in a research report on Thursday, November 7th. JPMorgan Chase & Co. initiated coverage on Fair Isaac in a report on Friday, December 20th. They issued a “neutral” rating and a $2,150.00 price objective on the stock. Wells Fargo & Company increased their target price on Fair Isaac from $2,200.00 to $2,400.00 and gave the company an “overweight” rating in a report on Thursday, November 7th. Finally, UBS Group lowered their price target on Fair Isaac from $2,250.00 to $2,100.00 and set a “neutral” rating on the stock in a research note on Monday. Five investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $2,087.77.

Insider Activity at Fair Isaac

In other Fair Isaac news, CFO Steven P. Weber sold 139 shares of the firm’s stock in a transaction 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 of the company’s stock, valued at $4,867,832.76. This trade represents a 5.31 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Thomas A. Bowers sold 2,680 shares of the company’s stock in a transaction on 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 completion of the transaction, the executive vice president now directly 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 disclosure for this sale can be found here. Over the last quarter, insiders sold 13,589 shares of company stock valued at $31,258,963. 3.54% of the stock is owned by company insiders.

Fair Isaac Stock Up 1.4 %

Shares of NYSE:FICO opened at $1,839.65 on Tuesday. Fair Isaac Co. has a 52-week low of $1,105.65 and a 52-week high of $2,402.51. The business has a fifty day moving average of $2,107.30 and a two-hundred day moving average of $1,948.35. The stock has a market cap of $44.80 billion, a P/E ratio of 89.96, a PEG ratio of 3.46 and a beta of 1.40.

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.