Fiduciary Alliance LLC purchased a new stake in Fair Isaac Co. (NYSE:FICO – Get Rating) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 50 shares of the technology company’s stock, valued at approximately $30,000.
Other large investors have also recently modified their holdings of the company. Heritage Wealth Management LLC raised its stake in Fair Isaac by 2.2% in the third quarter. Heritage Wealth Management LLC now owns 1,015 shares of the technology company’s stock worth $418,000 after buying an additional 22 shares in the last quarter. Desjardins Global Asset Management Inc. raised its stake in Fair Isaac by 3.6% in the third quarter. Desjardins Global Asset Management Inc. now owns 726 shares of the technology company’s stock worth $299,000 after buying an additional 25 shares in the last quarter. Advisor OS LLC raised its stake in Fair Isaac by 3.4% in the third quarter. Advisor OS LLC now owns 948 shares of the technology company’s stock worth $391,000 after buying an additional 31 shares in the last quarter. Sunbelt Securities Inc. raised its stake in Fair Isaac by 2.2% in the third quarter. Sunbelt Securities Inc. now owns 1,500 shares of the technology company’s stock worth $618,000 after buying an additional 33 shares in the last quarter. Finally, Yousif Capital Management LLC raised its stake in Fair Isaac by 0.3% in the fourth quarter. Yousif Capital Management LLC now owns 12,940 shares of the technology company’s stock worth $7,746,000 after buying an additional 34 shares in the last quarter. Hedge funds and other institutional investors own 87.75% of the company’s stock.
Insider Activity at Fair Isaac
In other Fair Isaac news, CAO Michael S. Leonard sold 300 shares of the company’s stock in a transaction on Wednesday, February 15th. The shares were sold at an average price of $701.80, for a total value of $210,540.00. Following the sale, the chief accounting officer now directly owns 4,937 shares of the company’s stock, valued at $3,464,786.60. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. In other Fair Isaac news, Director Marc F. Mcmorris sold 2,030 shares of the company’s stock in a transaction on Wednesday, February 15th. The shares were sold at an average price of $701.53, for a total value of $1,424,105.90. Following the sale, the director now directly owns 242 shares of the company’s stock, valued at $169,770.26. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CAO Michael S. Leonard sold 300 shares of the company’s stock in a transaction on Wednesday, February 15th. The shares were sold at an average price of $701.80, for a total transaction of $210,540.00. Following the completion of the sale, the chief accounting officer now directly owns 4,937 shares in the company, valued at $3,464,786.60. 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 ninety days. Company insiders own 3.37% of the company’s stock.
Fair Isaac Price Performance
Wall Street Analyst Weigh In
A number of brokerages recently commented on FICO. Royal Bank of Canada boosted their price objective on shares of Fair Isaac from $463.00 to $685.00 and gave the stock a “sector perform” rating in a research note on Friday, January 27th. Needham & Company LLC reissued a “buy” rating and issued a $780.00 price objective on shares of Fair Isaac in a research note on Monday, February 13th. StockNews.com assumed coverage on Fair Isaac in a research report on Thursday, March 16th. They set a “hold” rating on the stock. Barclays upped their price target on Fair Isaac from $575.00 to $700.00 and gave the stock an “overweight” rating in a research report on Friday, December 2nd. Finally, The Goldman Sachs Group upped their price target on Fair Isaac from $709.00 to $807.00 and gave the stock a “buy” rating in a research report on Friday, January 27th. Three research analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to data from MarketBeat.com, Fair Isaac presently has a consensus rating of “Moderate Buy” and a consensus target price of $727.43.
Fair Isaac Company Profile
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.
Featured Stories
- Get a free copy of the StockNews.com research report on Fair Isaac (FICO)
- After an Earnings Blowout, Is Ciena Stock a Buying Opportunity?
- Meta Breaks Out Of A Base, Looks Like A Growth Stock Again
- Here’s Why Viking Therapeutics Rose Over 50% on Obesity Drug Data
- The Bottom Is In For McCormick & Company
- Walgreens Boots Alliance: Blue Chip, High-Yield Turnaround Story
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.
