Fair Isaac Co. (NYSE:FICO) Shares Purchased by Benjamin Edwards Inc.

Benjamin Edwards Inc. raised its holdings in Fair Isaac Co. (NYSE:FICO - Free Report) by 582.9% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 478 shares of the technology company's stock after buying an additional 408 shares during the quarter. Benjamin Edwards Inc.'s holdings in Fair Isaac were worth $929,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of FICO. International Assets Investment Management LLC boosted its holdings in Fair Isaac by 189,461.6% in the third 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 last quarter. AustralianSuper Pty Ltd raised its holdings in shares of 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 purchasing an additional 67,931 shares during the period. FMR LLC lifted its stake in shares of Fair Isaac by 46.1% in the 3rd quarter. FMR LLC now owns 207,026 shares of the technology company's stock valued at $402,358,000 after purchasing an additional 65,297 shares in the last quarter. Jennison Associates LLC grew its holdings in shares of Fair Isaac by 35.1% during the 3rd quarter. Jennison Associates LLC now owns 241,149 shares of the technology company's stock worth $468,677,000 after purchasing an additional 62,653 shares during the period. Finally, Sei Investments Co. increased its position in Fair Isaac by 231.8% during the 2nd quarter. Sei Investments Co. now owns 69,127 shares of the technology company's stock worth $102,908,000 after purchasing an additional 48,294 shares in the last quarter. Institutional investors and hedge funds own 85.75% of the company's stock.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on FICO shares. Barclays upped their price target 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 upped 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. Robert W. Baird raised their target price on Fair Isaac from $1,700.00 to $2,000.00 and gave the company a "neutral" rating in a report on Thursday, November 7th. Needham & Company LLC upped their price target on Fair Isaac from $1,850.00 to $2,500.00 and gave the stock a "buy" rating in a report on Thursday, November 7th. Finally, 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 note on Monday, December 2nd. Four analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $2,022.67.

Insider Activity at Fair Isaac

In other Fair Isaac news, Director Henry Tayloe Stansbury sold 249 shares of the business's stock in a transaction on Monday, November 11th. The shares were sold at an average price of $2,338.55, for a total transaction of $582,298.95. Following the completion of the sale, the director now owns 92 shares in the company, valued at $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 available at this link. Also, EVP James M. Wehmann sold 3,500 shares of the firm's stock in a transaction dated Thursday, November 21st. The stock was sold at an average price of $2,320.41, for a total transaction of $8,121,435.00. Following the completion of the transaction, the executive vice president now owns 48,895 shares in the company, valued at approximately $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. Insiders sold a total of 6,429 shares of company stock valued at $14,970,137 over the last three months. 3.54% of the stock is owned by insiders.

Fair Isaac Stock Performance

Shares of Fair Isaac stock traded up $4.67 during trading on Friday, reaching $2,371.83. The company had a trading volume of 110,041 shares, compared to its average volume of 151,002. Fair Isaac Co. has a fifty-two week low of $1,099.74 and a fifty-two week high of $2,402.51. The firm's fifty day moving average is $2,144.84 and its 200-day moving average is $1,794.89. The company has a market cap of $57.75 billion, a price-to-earnings ratio of 115.98, a price-to-earnings-growth ratio of 4.38 and a beta of 1.36.

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.