Insight Inv LLC Buys Shares of 138 Fair Isaac Co. (NYSE:FICO)

Insight Inv LLC purchased a new stake in shares of Fair Isaac Co. (NYSE:FICO) during the fourth quarter, Holdings Channel.com reports. The institutional investor purchased 138 shares of the technology company’s stock, valued at approximately $275,000.

A number of other hedge funds and other institutional investors have also modified their holdings of FICO. Capital Performance Advisors LLP purchased a new position in Fair Isaac during the third quarter valued at approximately $25,000. True Wealth Design LLC lifted its position in Fair Isaac by 900.0% during 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 last quarter. Berbice Capital Management LLC bought a new position in Fair Isaac in the 4th quarter worth approximately $40,000. Meeder Asset Management Inc. raised its holdings in shares of Fair Isaac by 37.5% in the 3rd quarter. Meeder Asset Management Inc. now owns 22 shares of the technology company’s stock worth $43,000 after buying an additional 6 shares in the last quarter. Finally, Versant Capital Management Inc increased its holdings in shares of Fair Isaac by 500.0% during the fourth quarter. Versant Capital Management Inc now owns 24 shares of the technology company’s stock worth $48,000 after buying an additional 20 shares in the last quarter. 85.75% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of equities analysts have commented on the company. Robert W. Baird boosted their price objective on Fair Isaac from $1,700.00 to $2,000.00 and gave the stock a “neutral” rating in a research note on Thursday, November 7th. The Goldman Sachs Group boosted their target price on shares of Fair Isaac from $2,374.00 to $2,661.00 and gave the stock a “buy” rating in a research note on Thursday, December 5th. Oppenheimer dropped their price objective on shares of Fair Isaac from $2,515.00 to $2,409.00 and set an “outperform” rating for the company in a research report on Tuesday, January 7th. Wells Fargo & Company upped their price target on Fair Isaac from $2,200.00 to $2,400.00 and gave the company an “overweight” rating in a research note on Thursday, November 7th. Finally, UBS Group initiated coverage on Fair Isaac in a research report on Tuesday, October 1st. They issued a “neutral” rating and a $2,100.00 price objective for the company. Five research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $2,087.77.

Insider Buying and Selling

In other Fair Isaac news, Director Marc F. Mcmorris sold 520 shares of the business’s stock in a transaction dated Tuesday, December 17th. The shares were sold at an average price of $2,152.57, for a total transaction of $1,119,336.40. Following the sale, the director now directly owns 242 shares of the company’s stock, valued at $520,921.94. The trade was a 68.24 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CFO Steven P. Weber sold 139 shares of the firm’s stock in a transaction dated 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 owns 2,478 shares of the company’s stock, valued at $4,867,832.76. The trade was a 5.31 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 13,589 shares of company stock valued at $31,258,963. 3.54% of the stock is owned by corporate insiders.

Fair Isaac Trading Down 2.2 %

NYSE:FICO 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 stock has a 50-day moving average price of $2,115.89 and a two-hundred day moving average price of $1,943.55. The stock has a market cap of $44.16 billion, a price-to-earnings ratio of 88.70, a PEG ratio of 3.46 and a beta of 1.40.

About Fair Isaac

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.