Simon Quick Advisors LLC Boosts Stake in Fair Isaac Co. (NYSE:FICO)

Simon Quick Advisors LLC boosted its holdings in Fair Isaac Co. (NYSE:FICO) by 10.2% during the 4th quarter, Holdings Channel reports. The firm owned 119 shares of the technology company’s stock after acquiring an additional 11 shares during the period. Simon Quick Advisors LLC’s holdings in Fair Isaac were worth $237,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently made changes to their positions in the company. State Street Corp grew its position in shares of Fair Isaac by 0.5% during the 3rd quarter. State Street Corp now owns 1,045,165 shares of the technology company’s stock valued at $2,031,299,000 after acquiring an additional 5,472 shares during the period. JPMorgan Chase & Co. lifted its stake in shares of Fair Isaac by 1.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 673,242 shares of the technology company’s stock valued at $1,308,460,000 after buying an additional 7,466 shares in the last quarter. Geode Capital Management LLC grew its position in shares of Fair Isaac by 1.0% in the third quarter. Geode Capital Management LLC now owns 645,379 shares of the technology company’s stock valued at $1,251,537,000 after purchasing an additional 6,510 shares in the last quarter. International Assets Investment Management LLC boosted its position in shares of Fair Isaac by 189,461.6% in the third quarter. International Assets Investment Management LLC now owns 538,355 shares of the technology company’s stock valued at $1,046,304,000 after acquiring an additional 538,071 shares during the period. Finally, Principal Financial Group Inc. boosted its holdings in Fair Isaac by 0.5% in the 3rd quarter. Principal Financial Group Inc. now owns 372,582 shares of the technology company’s stock valued at $724,122,000 after purchasing an additional 1,977 shares during the period. 85.75% of the stock is owned by hedge funds and other institutional investors.

Fair Isaac Stock Down 2.2 %

Shares of NYSE FICO opened at $1,813.88 on Friday. Fair Isaac Co. has a twelve month low of $1,105.65 and a twelve month high of $2,402.51. The company has a 50 day moving average of $2,115.89 and a 200 day moving average of $1,940.96. The firm has a market cap of $44.17 billion, a P/E ratio of 88.70, a PEG ratio of 3.46 and a beta of 1.40.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on FICO. Needham & Company LLC lifted their price target on Fair Isaac from $1,850.00 to $2,500.00 and gave the company a “buy” rating in a research report on Thursday, November 7th. Jefferies Financial Group lifted their price objective on shares of Fair Isaac from $2,250.00 to $2,275.00 and gave the stock a “buy” rating in a report on Wednesday, January 15th. Oppenheimer lowered their price target 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. Barclays boosted their target price on Fair Isaac from $2,150.00 to $2,350.00 and gave the company an “overweight” rating in a research note on Thursday, November 7th. Finally, The Goldman Sachs Group raised their price target on shares of Fair Isaac from $2,374.00 to $2,661.00 and gave the stock a “buy” rating in a report on Thursday, December 5th. Five investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $2,087.77.

Insider Buying and Selling at Fair Isaac

In related news, EVP James M. Wehmann sold 3,500 shares of the stock in a transaction on Thursday, November 21st. The stock was sold at an average price of $2,320.41, for a total transaction of $8,121,435.00. Following the sale, the executive vice president now owns 48,895 shares in the company, valued at approximately $113,456,446.95. This represents a 6.68 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Henry Tayloe Stansbury sold 249 shares of the business’s stock in a transaction that occurred on Monday, November 11th. The shares were sold at an average price of $2,338.55, for a total value of $582,298.95. Following the transaction, the director now owns 92 shares of the company’s stock, valued at $215,146.60. This trade represents a 73.02 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 13,589 shares of company stock worth $31,258,963. Insiders own 3.54% of the company’s stock.

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.