Banque Cantonale Vaudoise Lowers Stock Holdings in Fair Isaac Co. (NYSE:FICO)

Banque Cantonale Vaudoise decreased its holdings in shares of Fair Isaac Co. (NYSE:FICO - Free Report) by 78.1% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 120 shares of the technology company's stock after selling 428 shares during the quarter. Banque Cantonale Vaudoise's holdings in Fair Isaac were worth $233,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the stock. International Assets Investment Management LLC boosted its holdings in Fair Isaac by 189,461.6% during the 3rd quarter. International Assets Investment Management LLC now owns 538,355 shares of the technology company's stock valued at $1,046,304,000 after acquiring an additional 538,071 shares during the period. Price T Rowe Associates Inc. MD grew its holdings in shares of Fair Isaac by 25.4% in the first quarter. Price T Rowe Associates Inc. MD now owns 861,283 shares of the technology company's stock worth $1,076,268,000 after purchasing an additional 174,397 shares during the last quarter. AustralianSuper Pty Ltd increased its stake in Fair Isaac by 1,270.9% in the 3rd quarter. AustralianSuper Pty Ltd now owns 73,276 shares of the technology company's stock worth $142,413,000 after buying an additional 67,931 shares during the period. Westwind Capital lifted its holdings in Fair Isaac by 891.8% during the 2nd quarter. Westwind Capital now owns 69,742 shares of the technology company's stock valued at $10,382,000 after buying an additional 62,710 shares in the last quarter. Finally, Spear Holdings RSC Ltd bought a new position in Fair Isaac in the 1st quarter worth about $69,478,000. 85.75% of the stock is owned by institutional investors.

Insider Transactions at Fair Isaac

In related news, Director Joanna Rees sold 3,961 shares of the company's stock in a transaction that occurred on Thursday, September 5th. The shares were sold at an average price of $1,750.00, for a total transaction of $6,931,750.00. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Henry Tayloe Stansbury sold 249 shares of Fair Isaac stock in a transaction on Monday, November 11th. The shares were sold at an average price of $2,338.55, for a total value of $582,298.95. Following the completion of the transaction, the director now owns 92 shares of the company's stock, valued at approximately $215,146.60. This trade represents a 73.02 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 6,890 shares of company stock worth $13,780,452. 3.54% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the company. The Goldman Sachs Group raised their price target on Fair Isaac from $2,130.00 to $2,374.00 and gave the company a "buy" rating in a research note on Thursday, November 7th. UBS Group initiated coverage on Fair Isaac in a research report on Tuesday, October 1st. They set a "neutral" rating and a $2,100.00 target price on the stock. Barclays boosted their price objective on shares of Fair Isaac from $2,150.00 to $2,350.00 and gave the company an "overweight" rating in a report on Thursday, November 7th. Royal Bank of Canada reissued a "sector perform" rating and set a $2,040.00 price target on shares of Fair Isaac in a research report on Thursday, November 7th. Finally, Oppenheimer boosted their price objective on Fair Isaac from $1,967.00 to $2,109.00 and gave the company an "outperform" rating in a report on Tuesday, October 8th. Four analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $1,964.92.

Fair Isaac Trading Up 0.7 %

Fair Isaac stock traded up $17.52 during midday trading on Friday, hitting $2,355.35. 90,183 shares of the stock were exchanged, compared to its average volume of 149,628. The stock's 50-day simple moving average is $2,055.62 and its 200 day simple moving average is $1,721.12. Fair Isaac Co. has a fifty-two week low of $1,061.96 and a fifty-two week high of $2,402.51. The stock has a market capitalization of $57.35 billion, a price-to-earnings ratio of 115.18, a PEG ratio of 4.30 and a beta of 1.35.

Fair Isaac announced that its Board of Directors has approved a share buyback plan on Tuesday, July 30th that permits the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization permits the technology company to repurchase up to 2.6% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company's management believes its stock is undervalued.

Fair Isaac 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.