CENTRAL TRUST Co decreased its holdings in shares of Fair Isaac Co. (NYSE:FICO – Free Report) by 5.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 193 shares of the technology company’s stock after selling 11 shares during the quarter. CENTRAL TRUST Co’s holdings in Fair Isaac were worth $384,000 at the end of the most recent quarter.
Other institutional investors also recently modified their holdings of the company. Algert Global LLC grew its holdings in Fair Isaac by 12.0% during 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. Northwestern Mutual Wealth Management Co. grew its holdings in Fair Isaac by 6.5% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 280 shares of the technology company’s stock valued at $417,000 after purchasing an additional 17 shares during the period. Czech National Bank grew its holdings in Fair Isaac by 6.1% during the third quarter. Czech National Bank now owns 4,994 shares of the technology company’s stock valued at $9,706,000 after purchasing an additional 285 shares during the period. GAMMA Investing LLC grew its holdings in Fair Isaac by 20.0% during the third quarter. GAMMA Investing LLC now owns 66 shares of the technology company’s stock valued at $128,000 after purchasing an additional 11 shares during the period. Finally, Miracle Mile Advisors LLC boosted its holdings in shares of Fair Isaac by 297.7% in the third quarter. Miracle Mile Advisors LLC now owns 867 shares of the technology company’s stock valued at $1,685,000 after buying an additional 649 shares during the period. Institutional investors and hedge funds own 85.75% of the company’s stock.
Fair Isaac Trading Down 1.0 %
NYSE FICO opened at $1,809.87 on Wednesday. The firm’s fifty day moving average price is $2,048.56 and its two-hundred day moving average price is $1,959.08. Fair Isaac Co. has a 1 year low of $1,105.65 and a 1 year high of $2,402.51. The firm has a market capitalization of $44.23 billion, a P/E ratio of 88.50, a price-to-earnings-growth ratio of 3.45 and a beta of 1.39.
Insider Buying and Selling at Fair Isaac
In other Fair Isaac news, 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 transaction, the executive vice president now directly owns 5,769 shares in the company, valued at $13,489,133.49. The trade was a 31.72 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Henry Tayloe Stansbury sold 249 shares of the company’s stock in a transaction dated 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 completion of the transaction, the director now owns 92 shares in the company, valued at $215,146.60. This trade represents a 73.02 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 13,589 shares of company stock worth $31,258,963 over the last ninety days. Insiders own 3.46% of the company’s stock.
Analyst Ratings Changes
FICO has been the subject of several research analyst reports. Wells Fargo & Company upped their price target on shares of Fair Isaac from $2,200.00 to $2,400.00 and gave the company an “overweight” rating in a report on Thursday, November 7th. Oppenheimer reduced their price target on shares of Fair Isaac from $2,515.00 to $2,409.00 and set an “outperform” rating for the company in a report on Tuesday, January 7th. Jefferies Financial Group upped their price target on shares of Fair Isaac from $2,250.00 to $2,275.00 and gave the company a “buy” rating in a report on Wednesday, January 15th. The Goldman Sachs Group upped their price target on shares of Fair Isaac from $2,374.00 to $2,661.00 and gave the company a “buy” rating in a report on Thursday, December 5th. Finally, Needham & Company LLC upped their price target on shares of Fair Isaac from $1,850.00 to $2,500.00 and gave the company a “buy” rating in a report on Thursday, November 7th. Five 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 currently has an average rating of “Moderate Buy” and an average target price of $2,087.77.
Read Our Latest Report on Fair Isaac
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.
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