Livforsakringsbolaget Skandia Omsesidigt trimmed its holdings in shares of Fair Isaac Co. (NYSE:FICO – Free Report) by 42.4% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 136 shares of the technology company’s stock after selling 100 shares during the quarter. Livforsakringsbolaget Skandia Omsesidigt’s holdings in Fair Isaac were worth $271,000 at the end of the most recent quarter.
Other institutional investors also recently bought and sold shares of the company. Capital Performance Advisors LLP acquired a new stake in shares of Fair Isaac in the third quarter worth $25,000. True Wealth Design LLC raised its holdings in Fair Isaac by 900.0% in the 3rd quarter. True Wealth Design LLC now owns 20 shares of the technology company’s stock worth $39,000 after acquiring an additional 18 shares during the period. Berbice Capital Management LLC acquired a new position in Fair Isaac during the 4th quarter worth $40,000. Meeder Asset Management Inc. boosted its holdings in Fair Isaac by 37.5% during the third quarter. Meeder Asset Management Inc. now owns 22 shares of the technology company’s stock valued at $43,000 after acquiring an additional 6 shares during the period. Finally, Versant Capital Management Inc grew its position in shares of Fair Isaac by 500.0% in the fourth quarter. Versant Capital Management Inc now owns 24 shares of the technology company’s stock valued at $48,000 after purchasing an additional 20 shares during the last quarter. 85.75% of the stock is currently owned by institutional investors.
Fair Isaac Trading Down 1.5 %
NYSE FICO opened at $1,858.97 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 $45.43 billion, a price-to-earnings ratio of 90.90, a PEG ratio of 3.45 and a beta of 1.39. The stock’s 50 day moving average is $2,018.44 and its two-hundred day moving average is $1,959.32.
Analysts Set New Price Targets
Several equities analysts recently weighed in on FICO shares. Needham & Company LLC reissued a “buy” rating and set a $2,500.00 price objective on shares of Fair Isaac in a research report on Wednesday. Jefferies Financial Group lowered their price objective on shares of Fair Isaac from $2,275.00 to $2,175.00 and set a “buy” rating on the stock in a research note on Wednesday. Oppenheimer cut their target price on shares of Fair Isaac from $2,515.00 to $2,409.00 and set an “outperform” rating for the company in a research note on Tuesday, January 7th. Robert W. Baird decreased their price target on shares of Fair Isaac from $1,975.00 to $1,775.00 and set a “neutral” rating on the stock in a research report on Wednesday. Finally, JPMorgan Chase & Co. assumed coverage on shares of Fair Isaac in a research report on Friday, December 20th. They set a “neutral” rating and a $2,150.00 price objective for the company. Five analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $2,078.15.
View Our Latest Stock Report on Fair Isaac
Insider Buying and Selling
In other news, EVP Thomas A. Bowers sold 2,680 shares of the stock in a transaction on Monday, November 11th. The stock was sold at an average price of $2,338.21, for a total transaction of $6,266,402.80. Following the sale, the executive vice president now owns 5,769 shares in the company, valued at approximately $13,489,133.49. This represents a 31.72 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible 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 value of $582,298.95. Following the completion of the transaction, the director now directly owns 92 shares of the company’s stock, valued at $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 sold 13,589 shares of company stock worth $31,258,963 in the last quarter. 3.46% of the stock is owned by corporate insiders.
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.
Recommended Stories
- Five stocks we like better than Fair Isaac
- Growth Investing: Should You Adopt This Investing Strategy in 2022?
- IBM’s AI Bet Pays Off—What’s Next for Investors?
- How to Most Effectively Use the MarketBeat Earnings Screener
- 3 Reasons to Treat AMD’s Drop as an Entry Opportunity
- How Can Retail Investors Trade the Toronto Stock Exchange (TSX)?
- Qualcomm’s Post-Earnings Dip: A Prime Buying Opportunity?
Want to see what other hedge funds are holding FICO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Fair Isaac Co. (NYSE:FICO – Free Report).
Receive News & Ratings for Fair Isaac Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fair Isaac and related companies with MarketBeat.com's FREE daily email newsletter.