Barclays PLC Has $117.62 Million Position in Fair Isaac Co. (NYSE:FICO)

Barclays PLC boosted its stake in Fair Isaac Co. (NYSE:FICO - Free Report) by 24.8% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 60,521 shares of the technology company's stock after buying an additional 12,038 shares during the quarter. Barclays PLC owned approximately 0.25% of Fair Isaac worth $117,624,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of FICO. CWM LLC raised its position in Fair Isaac by 57.0% in the 2nd quarter. CWM LLC now owns 380 shares of the technology company's stock valued at $566,000 after purchasing an additional 138 shares during the last quarter. Sequoia Financial Advisors LLC raised its position in Fair Isaac by 6.0% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 372 shares of the technology company's stock valued at $554,000 after purchasing an additional 21 shares during the last quarter. Wedmont Private Capital raised its position in Fair Isaac by 11.0% in the 2nd quarter. Wedmont Private Capital now owns 253 shares of the technology company's stock valued at $402,000 after purchasing an additional 25 shares during the last quarter. Wealth Enhancement Advisory Services LLC raised its position in Fair Isaac by 24.6% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 1,419 shares of the technology company's stock valued at $2,112,000 after purchasing an additional 280 shares during the last quarter. Finally, Great Valley Advisor Group Inc. bought a new position in Fair Isaac in the 2nd quarter valued at $529,000. Institutional investors and hedge funds own 85.75% of the company's stock.

Analysts Set New Price Targets

Several brokerages have issued reports on FICO. Needham & Company LLC lifted their price objective on Fair Isaac from $1,850.00 to $2,500.00 and gave the company a "buy" rating in a research report on Thursday, November 7th. Robert W. Baird boosted their target price on Fair Isaac from $1,700.00 to $2,000.00 and gave the stock a "neutral" rating in a research report on Thursday, November 7th. Wells Fargo & Company boosted their target price on Fair Isaac from $2,200.00 to $2,400.00 and gave the stock an "overweight" rating in a research report on Thursday, November 7th. Royal Bank of Canada restated a "sector perform" rating and set a $2,040.00 target price on shares of Fair Isaac in a research report on Thursday, November 7th. Finally, UBS Group began coverage on Fair Isaac in a research report on Tuesday, October 1st. They set a "neutral" rating and a $2,100.00 target price for the company. Four investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat, Fair Isaac presently has a consensus rating of "Moderate Buy" and a consensus price target of $2,022.67.

Fair Isaac Stock Performance

FICO traded up $19.68 on Wednesday, hitting $2,192.37. 156,916 shares of the company were exchanged, compared to its average volume of 169,221. Fair Isaac Co. has a 12 month low of $1,105.65 and a 12 month high of $2,402.51. The company has a market cap of $53.38 billion, a PE ratio of 107.21, a PEG ratio of 4.37 and a beta of 1.36. The stock's fifty day moving average is $2,160.74 and its 200-day moving average is $1,812.26.

Insider Buying and Selling at Fair Isaac

In other Fair Isaac news, EVP James M. Wehmann sold 3,500 shares of the company's stock in a transaction that occurred on Thursday, November 21st. The stock was sold at an average price of $2,320.41, for a total value of $8,121,435.00. Following the sale, the executive vice president now owns 48,895 shares in the company, valued at $113,456,446.95. This represents a 6.68 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Thomas A. Bowers sold 2,680 shares of the stock in a transaction that occurred on Monday, November 11th. The stock was sold at an average price of $2,338.21, for a total value of $6,266,402.80. Following the transaction, the executive vice president now owns 5,769 shares in the company, valued at approximately $13,489,133.49. This trade represents a 31.72 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 9,930 shares of company stock worth $23,281,002 over the last 90 days. Company insiders own 3.54% of the company's stock.

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.