Tributary Capital Management LLC Raises Holdings in Fair Isaac Co. (NYSE:FICO)

Tributary Capital Management LLC lifted its holdings in shares of Fair Isaac Co. (NYSE:FICO) by 92.5% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 231 shares of the technology company’s stock after purchasing an additional 111 shares during the period. Tributary Capital Management LLC’s holdings in Fair Isaac were worth $460,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. Capital Performance Advisors LLP purchased a new position in Fair Isaac in the 3rd quarter valued at approximately $25,000. True Wealth Design LLC increased its stake in Fair Isaac by 900.0% in the 3rd quarter. True Wealth Design LLC now owns 20 shares of the technology company’s stock valued at $39,000 after purchasing an additional 18 shares in the last quarter. Berbice Capital Management LLC purchased a new position in Fair Isaac in the 4th quarter valued at approximately $40,000. Meeder Asset Management Inc. increased its stake in Fair Isaac by 37.5% in the 3rd quarter. Meeder Asset Management Inc. now owns 22 shares of the technology company’s stock valued at $43,000 after purchasing an additional 6 shares in the last quarter. Finally, Versant Capital Management Inc increased its stake in Fair Isaac by 500.0% in the 4th 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 in the last quarter. 85.75% of the stock is owned by hedge funds and other institutional investors.

Fair Isaac Stock Performance

NYSE FICO opened at $1,813.88 on Friday. The stock has a market capitalization of $44.16 billion, a P/E ratio of 88.70, a P/E/G ratio of 3.46 and a beta of 1.40. Fair Isaac Co. has a 1 year low of $1,105.65 and a 1 year high of $2,402.51. The business’s fifty day moving average is $2,115.89 and its two-hundred day moving average is $1,943.55.

Insider Buying and Selling at Fair Isaac

In other Fair Isaac news, Director Henry Tayloe Stansbury sold 249 shares of the business’s stock in a transaction 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 sale, the director now directly owns 92 shares of the company’s stock, valued at $215,146.60. The trade was a 73.02 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Steven P. Weber sold 139 shares of the business’s stock in a transaction on Thursday, January 9th. The shares were sold at an average price of $1,964.42, for a total transaction of $273,054.38. Following the sale, 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. Over the last 90 days, insiders have sold 13,589 shares of company stock valued at $31,258,963. Corporate insiders own 3.54% of the company’s stock.

Analyst Upgrades and Downgrades

FICO has been the subject of several recent research reports. UBS Group initiated coverage on Fair Isaac in a research report on Tuesday, October 1st. They set a “neutral” rating and a $2,100.00 price target for the company. JPMorgan Chase & Co. initiated coverage on Fair Isaac in a research report on Friday, December 20th. They set a “neutral” rating and a $2,150.00 price target for the company. Barclays raised their price target on Fair Isaac from $2,150.00 to $2,350.00 and gave the stock an “overweight” rating in a research report on Thursday, November 7th. Royal Bank of Canada reissued 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. Finally, Robert W. Baird raised their price objective on Fair Isaac from $1,700.00 to $2,000.00 and gave the stock a “neutral” rating 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 stock. According to MarketBeat.com, Fair Isaac has an average rating of “Moderate Buy” and an average 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.