Fair Isaac Co. (NYSE:FICO) Shares Sold by DRW Securities LLC

DRW Securities LLC lowered its position in shares of Fair Isaac Co. (NYSE:FICO) by 60.4% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 110 shares of the technology company’s stock after selling 168 shares during the period. DRW Securities LLC’s holdings in Fair Isaac were worth $214,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the company. EntryPoint Capital LLC acquired a new stake in shares of Fair Isaac in the 1st quarter valued at about $25,000. Capital Performance Advisors LLP bought a new stake in Fair Isaac in the third quarter valued at about $25,000. Advisors Asset Management Inc. acquired a new stake in Fair Isaac during the first quarter valued at approximately $26,000. Tortoise Investment Management LLC lifted its holdings in Fair Isaac by 81.8% during the 2nd quarter. Tortoise Investment Management LLC now owns 20 shares of the technology company’s stock worth $30,000 after buying an additional 9 shares during the last quarter. Finally, Family Firm Inc. acquired a new position in shares of Fair Isaac in the 2nd quarter worth approximately $34,000. 85.75% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Fair Isaac

In other Fair Isaac news, Director Joanna Rees sold 3,961 shares of the company’s stock in a transaction dated Thursday, September 5th. The stock was sold at an average price of $1,750.00, for a total value of $6,931,750.00. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Thomas A. Bowers sold 2,680 shares of the firm’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 sale, the executive vice president now directly owns 5,769 shares of the company’s stock, valued at $13,489,133.49. This trade represents a 31.72 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 10,390 shares of company stock valued at $21,901,887 over the last three months. 3.54% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several analysts have weighed in on the stock. Barclays boosted their target price on shares of 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. Needham & Company LLC boosted their price objective on shares of 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. The Goldman Sachs Group raised their target price on shares of Fair Isaac from $2,130.00 to $2,374.00 and gave the stock a “buy” rating in a report on Thursday, November 7th. Wells Fargo & Company increased their price target 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 boosted their price objective on Fair Isaac from $1,967.00 to $2,109.00 and gave the company an “outperform” rating in a research report on Tuesday, October 8th. Four research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $1,964.92.

Fair Isaac Trading Down 1.2 %

Shares of Fair Isaac stock opened at $2,354.00 on Thursday. Fair Isaac Co. has a 1 year low of $1,067.36 and a 1 year high of $2,402.51. The stock has a 50-day moving average price of $2,074.84 and a 200 day moving average price of $1,742.79. The company has a market cap of $57.32 billion, a P/E ratio of 115.11, a P/E/G ratio of 4.34 and a beta of 1.35.

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.