Berbice Capital Management LLC Buys Shares of 20 Fair Isaac Co. (NYSE:FICO)

Berbice Capital Management LLC bought a new stake in Fair Isaac Co. (NYSE:FICO) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 20 shares of the technology company’s stock, valued at approximately $40,000.

Other large investors also recently bought and sold shares of the company. First National Bank of Omaha acquired a new stake in Fair Isaac in the third quarter valued at $1,576,000. National Bank of Canada FI grew its holdings in Fair Isaac by 51.9% in the third quarter. National Bank of Canada FI now owns 19,817 shares of the technology company’s stock valued at $38,514,000 after purchasing an additional 6,768 shares during the last quarter. Swedbank AB grew its holdings in Fair Isaac by 11.5% in the third quarter. Swedbank AB now owns 9,822 shares of the technology company’s stock valued at $19,089,000 after purchasing an additional 1,013 shares during the last quarter. BNP Paribas purchased a new stake in shares of Fair Isaac in the third quarter valued at $445,000. Finally, Harvest Fund Management Co. Ltd lifted its position in shares of Fair Isaac by 86.3% in the third quarter. Harvest Fund Management Co. Ltd now owns 760 shares of the technology company’s stock valued at $1,477,000 after acquiring an additional 352 shares in the last quarter. Institutional investors and hedge funds own 85.75% of the company’s stock.

Insider Activity

In other Fair Isaac news, EVP Thomas A. Bowers sold 2,680 shares of the firm’s stock in a transaction that occurred 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 completion of the sale, the executive vice president now owns 5,769 shares in the company, valued at $13,489,133.49. This trade represents a 31.72 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Steven P. Weber sold 139 shares of the firm’s stock in a transaction that occurred on 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 sale, the chief financial officer now owns 2,478 shares of the company’s stock, valued at approximately $4,867,832.76. This trade represents a 5.31 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 13,589 shares of company stock worth $31,258,963. 3.54% of the stock is currently owned by corporate insiders.

Fair Isaac Price Performance

Fair Isaac stock opened at $1,856.57 on Friday. The stock’s 50-day moving average is $2,124.83 and its 200-day moving average is $1,938.99. The company has a market cap of $45.21 billion, a price-to-earnings ratio of 90.71, a price-to-earnings-growth ratio of 3.46 and a beta of 1.40. Fair Isaac Co. has a 12 month low of $1,105.65 and a 12 month high of $2,402.51.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on FICO. Robert W. Baird upped their price objective on Fair Isaac from $1,700.00 to $2,000.00 and gave the company a “neutral” rating in a research report on Thursday, November 7th. Barclays upped their price objective on Fair Isaac from $2,150.00 to $2,350.00 and gave the company an “overweight” rating in a research report on Thursday, November 7th. The Goldman Sachs Group upped their price objective on Fair Isaac from $2,374.00 to $2,661.00 and gave the company a “buy” rating in a research report on Thursday, December 5th. Wells Fargo & Company increased their target price on Fair Isaac from $2,200.00 to $2,400.00 and gave the stock an “overweight” rating in a research report on Thursday, November 7th. Finally, Oppenheimer reduced their target price on Fair Isaac from $2,515.00 to $2,409.00 and set an “outperform” rating on the stock in a research report on Tuesday, January 7th. Five equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to data from MarketBeat, Fair Isaac currently has an average rating of “Moderate Buy” and a consensus target price of $2,087.77.

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.