Insight Inv LLC Acquires Shares of 138 Fair Isaac Co. (NYSE:FICO)

Insight Inv LLC purchased a new stake in Fair Isaac Co. (NYSE:FICO - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 138 shares of the technology company's stock, valued at approximately $275,000.

A number of other institutional investors also recently bought and sold shares of the business. Heritage Family Offices LLP grew its position in Fair Isaac by 2.0% during the third quarter. Heritage Family Offices LLP now owns 256 shares of the technology company's stock valued at $498,000 after purchasing an additional 5 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. grew its holdings in shares of Fair Isaac by 5.7% during the 3rd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 111 shares of the technology company's stock valued at $216,000 after acquiring an additional 6 shares in the last quarter. Moss Adams Wealth Advisors LLC grew its holdings in shares of Fair Isaac by 4.0% during the 3rd quarter. Moss Adams Wealth Advisors LLC now owns 155 shares of the technology company's stock valued at $301,000 after acquiring an additional 6 shares in the last quarter. Covestor Ltd raised its holdings in shares of Fair Isaac by 30.0% during the third quarter. Covestor Ltd now owns 26 shares of the technology company's stock worth $52,000 after acquiring an additional 6 shares in the last quarter. Finally, Meeder Asset Management Inc. boosted its position in Fair Isaac by 37.5% during the third quarter. Meeder Asset Management Inc. now owns 22 shares of the technology company's stock valued at $43,000 after purchasing an additional 6 shares during the last quarter. 85.75% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, CFO Steven P. Weber sold 139 shares of Fair Isaac stock in a transaction that occurred on Thursday, January 9th. The stock was sold at an average price of $1,964.42, for a total transaction 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP James M. Wehmann sold 3,500 shares of the company's stock in a transaction on Thursday, November 21st. The shares were sold at an average price of $2,320.41, for a total value of $8,121,435.00. Following the completion of the transaction, the executive vice president now owns 48,895 shares of the company's stock, valued at $113,456,446.95. The trade was a 6.68 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 13,589 shares of company stock valued at $31,258,963. 3.54% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the company. Needham & Company LLC raised their price target on Fair Isaac from $1,850.00 to $2,500.00 and gave the stock a "buy" rating in a research note on Thursday, November 7th. Royal Bank of Canada reaffirmed a "sector perform" rating and set a $2,040.00 price objective on shares of Fair Isaac in a research report on Thursday, November 7th. Barclays boosted their target price on shares of Fair Isaac from $2,150.00 to $2,350.00 and gave the stock an "overweight" rating in a research report on Thursday, November 7th. Wells Fargo & Company raised their price target on shares of Fair Isaac from $2,200.00 to $2,400.00 and gave the company an "overweight" rating in a report on Thursday, November 7th. Finally, JPMorgan Chase & Co. assumed coverage on shares of Fair Isaac in a report on Friday, December 20th. They issued a "neutral" rating and a $2,150.00 price objective for the company. Five analysts have rated the stock with a hold rating and eight have given a buy rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $2,087.77.

Fair Isaac Trading Down 2.2 %

NYSE:FICO traded down $40.72 during mid-day trading on Friday, hitting $1,813.88. 400,740 shares of the company's stock traded hands, compared to its average volume of 157,505. The firm has a 50 day moving average of $2,115.89 and a two-hundred day moving average of $1,946.43. The firm has a market capitalization of $44.17 billion, a price-to-earnings ratio of 88.70, 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.

About Fair Isaac

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.