Western Financial Corp CA Sells 6 Shares of Fair Isaac Co. (NYSE:FICO)

Western Financial Corp CA decreased its holdings in Fair Isaac Co. (NYSE:FICO) by 0.9% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 651 shares of the technology company’s stock after selling 6 shares during the quarter. Western Financial Corp CA’s holdings in Fair Isaac were worth $1,296,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Algert Global LLC lifted its holdings in shares of 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 in the last quarter. Creative Planning lifted its stake in Fair Isaac by 7.8% during the 2nd quarter. Creative Planning now owns 3,984 shares of the technology company’s stock valued at $5,931,000 after acquiring an additional 289 shares in the last quarter. NewEdge Advisors LLC boosted its holdings in Fair Isaac by 5.2% during the 2nd quarter. NewEdge Advisors LLC now owns 808 shares of the technology company’s stock worth $1,202,000 after acquiring an additional 40 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in shares of Fair Isaac by 6.5% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 280 shares of the technology company’s stock worth $417,000 after acquiring an additional 17 shares in the last quarter. Finally, Sanctuary Advisors LLC purchased a new stake in shares of Fair Isaac in the second quarter valued at about $3,211,000. Institutional investors and hedge funds own 85.75% of the company’s stock.

Fair Isaac Trading Up 0.4 %

FICO stock opened at $1,874.59 on Friday. The company’s 50 day moving average is $2,070.67 and its 200 day moving average is $1,951.00. The stock has a market cap of $45.81 billion, a price-to-earnings ratio of 91.67, a price-to-earnings-growth ratio of 3.42 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.

Insider Transactions at Fair Isaac

In other news, EVP Thomas A. Bowers sold 2,680 shares of the business’s stock in a transaction dated Monday, November 11th. The stock was sold at an average price of $2,338.21, for a total value of $6,266,402.80. Following the completion of the sale, the executive vice president now owns 5,769 shares of the company’s stock, valued at approximately $13,489,133.49. The trade was a 31.72 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP James M. Wehmann sold 3,500 shares of the firm’s stock in a transaction that occurred on Thursday, November 21st. The stock was sold at an average price of $2,320.41, for a total value of $8,121,435.00. Following the transaction, the executive vice president now owns 48,895 shares in the company, valued at approximately $113,456,446.95. The trade was a 6.68 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 13,589 shares of company stock valued at $31,258,963. Insiders own 3.54% of the company’s stock.

Analysts Set New Price Targets

Several research firms have commented on FICO. Robert W. Baird lifted their target price on shares of Fair Isaac from $1,700.00 to $2,000.00 and gave the stock a “neutral” rating in a research report on Thursday, November 7th. The Goldman Sachs Group boosted their price objective on 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. Wells Fargo & Company raised their target price on Fair Isaac from $2,200.00 to $2,400.00 and gave the company an “overweight” rating in a research report on Thursday, November 7th. Needham & Company LLC boosted their price target on shares of Fair Isaac from $1,850.00 to $2,500.00 and gave the stock a “buy” rating in a report on Thursday, November 7th. Finally, JPMorgan Chase & Co. began coverage on shares of Fair Isaac in a report on Friday, December 20th. They set a “neutral” rating and a $2,150.00 price objective for the company. Five equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $2,087.77.

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.