Flagship Harbor Advisors LLC Sells 33 Shares of Fair Isaac Co. (NYSE:FICO)

Posted by on Mar 23rd, 2023

Flagship Harbor Advisors LLC lowered its stake in shares of Fair Isaac Co. (NYSE:FICO – Get Rating) by 1.9% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 1,692 shares of the technology company’s stock after selling 33 shares during the quarter. Flagship Harbor Advisors LLC’s holdings in Fair Isaac were worth $1,013,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Lazard Asset Management LLC increased its position in shares of Fair Isaac by 97.5% during the 2nd quarter. Lazard Asset Management LLC now owns 79 shares of the technology company’s stock valued at $31,000 after purchasing an additional 39 shares during the last quarter. Accurate Wealth Management LLC purchased a new position in Fair Isaac during the 4th quarter valued at $41,000. Ellevest Inc. boosted its holdings in Fair Isaac by 195.9% during the 3rd quarter. Ellevest Inc. now owns 145 shares of the technology company’s stock valued at $60,000 after acquiring an additional 96 shares during the period. CWM LLC boosted its holdings in Fair Isaac by 59.3% during the 3rd quarter. CWM LLC now owns 180 shares of the technology company’s stock valued at $74,000 after acquiring an additional 67 shares during the period. Finally, Wipfli Financial Advisors LLC purchased a new position in Fair Isaac during the 3rd quarter valued at $88,000. Institutional investors own 87.75% of the company’s stock.

Fair Isaac Stock Performance

FICO stock opened at $678.70 on Thursday. Fair Isaac Co. has a 1 year low of $340.48 and a 1 year high of $711.84. The stock’s 50 day moving average price is $668.93 and its 200 day moving average price is $569.35. The firm has a market cap of $17.08 billion, a P/E ratio of 45.40 and a beta of 1.27.

Wall Street Analyst Weigh In

FICO has been the subject of a number of recent analyst reports. Jefferies Financial Group boosted their price objective on Fair Isaac from $715.00 to $745.00 and gave the company a “buy” rating in a report on Friday, January 27th. StockNews.com initiated coverage on Fair Isaac in a report on Thursday, March 16th. They set a “hold” rating on the stock. Deutsche Bank Aktiengesellschaft increased their price target on Fair Isaac from $697.00 to $720.00 and gave the stock a “buy” rating in a research report on Friday, January 27th. The Goldman Sachs Group raised their target price on Fair Isaac from $709.00 to $807.00 and gave the company a “buy” rating in a research report on Friday, January 27th. Finally, Needham & Company LLC restated a “buy” rating and issued a $780.00 target price on shares of Fair Isaac in a research report on Monday, February 13th. Three investment analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $727.43.

Insiders Place Their Bets

In other news, EVP Thomas A. Bowers sold 13,491 shares of the company’s stock in a transaction on Tuesday, January 31st. The stock was sold at an average price of $650.85, for a total transaction of $8,780,617.35. Following the completion of the sale, the executive vice president now directly owns 1,815 shares in the company, valued at approximately $1,181,292.75. The transaction was disclosed in a legal filing with the SEC, which is available at this link. In other news, EVP Thomas A. Bowers sold 13,491 shares of the stock in a transaction dated Tuesday, January 31st. The shares were sold at an average price of $650.85, for a total transaction of $8,780,617.35. Following the transaction, the executive vice president now owns 1,815 shares of the company’s stock, valued at $1,181,292.75. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Marc F. Mcmorris sold 2,030 shares of the firm’s stock in a transaction dated Wednesday, February 15th. The stock was sold at an average price of $701.53, for a total transaction of $1,424,105.90. Following the completion of the transaction, the director now directly owns 242 shares in the company, valued at approximately $169,770.26. The disclosure for this sale can be found here. Insiders have sold a total of 16,998 shares of company stock valued at $11,239,163 in the last quarter. 3.37% of the stock is currently owned by company insiders.

Fair Isaac Company Profile

(Get Rating)

Fair Isaac Corp. engages in the provision of decision management solutions. It operates through the following segments: Applications, Scores, and Decision Management Software. The Applications segment includes decision management applications designed for a type of business problem or process such as marketing, account origination, customer management, fraud, collections, and insurance claims management.

Recommended Stories

Institutional Ownership by Quarter for Fair Isaac (NYSE:FICO)

Receive News & Ratings for Fair Isaac Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fair Isaac and related companies with MarketBeat.com's FREE daily email newsletter.