Wilmington Savings Fund Society FSB Makes New $1.52 Million Investment in Fair Isaac Co. (NYSE:FICO)

Wilmington Savings Fund Society FSB acquired a new position in Fair Isaac Co. (NYSE:FICO - Free Report) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 780 shares of the technology company's stock, valued at approximately $1,516,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. First National Bank of Omaha purchased a new stake in Fair Isaac in the third quarter valued at approximately $1,576,000. National Bank of Canada FI increased its holdings in Fair Isaac by 51.9% during the 3rd quarter. National Bank of Canada FI now owns 19,817 shares of the technology company's stock valued at $38,514,000 after acquiring an additional 6,768 shares in the last quarter. Swedbank AB increased its holdings in Fair Isaac by 11.5% during the 3rd quarter. Swedbank AB now owns 9,822 shares of the technology company's stock valued at $19,089,000 after acquiring an additional 1,013 shares in the last quarter. BNP Paribas purchased a new stake in Fair Isaac during the 3rd quarter worth about $445,000. Finally, Harvest Fund Management Co. Ltd increased its position in Fair Isaac by 86.3% during the 3rd quarter. Harvest Fund Management Co. Ltd now owns 760 shares of the technology company's stock worth $1,477,000 after purchasing an additional 352 shares in the last quarter. Institutional investors and hedge funds own 85.75% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on FICO shares. Barclays boosted their price objective on shares of Fair Isaac from $2,150.00 to $2,350.00 and gave the stock an "overweight" rating in a research note on Thursday, November 7th. Wells Fargo & Company increased their price objective on shares of Fair Isaac from $2,200.00 to $2,400.00 and gave the stock an "overweight" rating in a research note on Thursday, November 7th. Oppenheimer lifted their price objective on shares of Fair Isaac from $2,324.00 to $2,515.00 and gave the company an "outperform" rating in a research report on Monday, December 2nd. Robert W. Baird boosted their price objective on Fair Isaac from $1,700.00 to $2,000.00 and gave the stock a "neutral" rating in a research note on Thursday, November 7th. Finally, Royal Bank of Canada restated a "sector perform" rating and set a $2,040.00 price target on shares of Fair Isaac in a report on Thursday, November 7th. Four research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $2,022.67.

Insider Transactions at Fair Isaac

In other news, EVP Thomas A. Bowers sold 2,680 shares of Fair Isaac stock in a transaction that occurred on Monday, November 11th. The shares were sold at an average price of $2,338.21, for a total transaction of $6,266,402.80. Following the completion of the transaction, the executive vice president now directly owns 5,769 shares of the company's stock, valued at $13,489,133.49. The trade was a 31.72 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP James M. Wehmann sold 3,500 shares of the company's stock in a transaction that occurred on Thursday, December 5th. The stock was sold at an average price of $2,373.85, for a total value of $8,308,475.00. Following the transaction, the executive vice president now directly owns 45,395 shares of the company's stock, valued at approximately $107,760,920.75. The trade was a 7.16 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 9,930 shares of company stock worth $23,281,002 in the last three months. Insiders own 3.54% of the company's stock.

Fair Isaac Stock Performance

Shares of NYSE FICO traded down $22.03 during mid-day trading on Friday, hitting $2,168.89. 120,376 shares of the stock traded hands, compared to its average volume of 168,969. The company has a market cap of $52.81 billion, a price-to-earnings ratio of 106.06, a PEG ratio of 4.05 and a beta of 1.36. Fair Isaac Co. has a 52 week low of $1,105.65 and a 52 week high of $2,402.51. The stock has a fifty day moving average price of $2,170.83 and a 200-day moving average price of $1,823.34.

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.