Ameritas Advisory Services LLC Boosts Holdings in Fair Isaac Co. (NYSE:FICO)

Ameritas Advisory Services LLC lifted its holdings in shares of Fair Isaac Co. (NYSE:FICO - Free Report) by 1,152.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,220 shares of the technology company's stock after acquiring an additional 2,963 shares during the quarter. Ameritas Advisory Services LLC's holdings in Fair Isaac were worth $6,410,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Capital Performance Advisors LLP bought a new position in shares of Fair Isaac in the 3rd quarter worth approximately $25,000. True Wealth Design LLC raised its holdings in Fair Isaac by 900.0% in the third quarter. True Wealth Design LLC now owns 20 shares of the technology company's stock worth $39,000 after purchasing an additional 18 shares in the last quarter. Meeder Asset Management Inc. lifted 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 buying an additional 6 shares during the period. Versant Capital Management Inc grew its position in shares of Fair Isaac by 500.0% in the 4th quarter. Versant Capital Management Inc now owns 24 shares of the technology company's stock worth $48,000 after buying an additional 20 shares during the period. Finally, Covestor Ltd increased its stake in shares of Fair Isaac by 30.0% in the 3rd 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. Hedge funds and other institutional investors own 85.75% of the company's stock.

Fair Isaac Price Performance

Fair Isaac stock traded down $72.58 during midday trading on Friday, reaching $1,897.10. 362,499 shares of the company traded hands, compared to its average volume of 134,171. Fair Isaac Co. has a 12 month low of $1,105.65 and a 12 month high of $2,402.51. The business has a 50 day moving average of $2,161.98 and a two-hundred day moving average of $1,932.20. The firm has a market capitalization of $46.19 billion, a price-to-earnings ratio of 92.77, a price-to-earnings-growth ratio of 3.55 and a beta of 1.40.

Insider Activity

In related news, Director Henry Tayloe Stansbury sold 249 shares of Fair Isaac stock in a transaction on Monday, November 11th. The stock was sold at an average price of $2,338.55, for a total transaction of $582,298.95. Following the transaction, the director now directly owns 92 shares in the company, valued at approximately $215,146.60. The trade was a 73.02 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Steven P. Weber sold 139 shares of the company's stock in a transaction dated Thursday, January 9th. The stock was sold at an average price of $1,964.42, for a total value of $273,054.38. Following the completion of the sale, the chief financial officer now owns 2,478 shares of the company's stock, valued at approximately $4,867,832.76. The trade was a 5.31 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 13,589 shares of company stock valued at $31,258,963 in the last ninety days. 3.54% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several research firms recently commented on FICO. UBS Group assumed coverage on shares of Fair Isaac in a research note on Tuesday, October 1st. They set a "neutral" rating and a $2,100.00 price objective on the stock. Robert W. Baird upped their price target 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. JPMorgan Chase & Co. started coverage on Fair Isaac in a research note on Friday, December 20th. They set a "neutral" rating and a $2,150.00 price objective for the company. Barclays raised their price target on Fair Isaac from $2,150.00 to $2,350.00 and gave the company an "overweight" rating in a report on Thursday, November 7th. Finally, Wells Fargo & Company upped their price target 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. Five analysts have rated the stock with a hold rating and eight have issued a buy rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $2,087.77.

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.