Burney Co. Decreases Holdings in Fair Isaac Co. (NYSE:FICO)

Burney Co. lessened its stake in shares of Fair Isaac Co. (NYSE:FICO - Free Report) by 2.0% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 15,162 shares of the technology company's stock after selling 306 shares during the period. Fair Isaac comprises approximately 1.1% of Burney Co.'s investment portfolio, making the stock its 17th biggest holding. Burney Co. owned approximately 0.06% of Fair Isaac worth $30,187,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of FICO. State Street Corp raised its holdings in shares of Fair Isaac by 0.5% in the 3rd quarter. State Street Corp now owns 1,045,165 shares of the technology company's stock valued at $2,031,299,000 after purchasing an additional 5,472 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in Fair Isaac by 1.1% during the third quarter. JPMorgan Chase & Co. now owns 673,242 shares of the technology company's stock valued at $1,308,460,000 after buying an additional 7,466 shares during the period. Geode Capital Management LLC raised its stake in Fair Isaac by 1.0% in the third quarter. Geode Capital Management LLC now owns 645,379 shares of the technology company's stock worth $1,251,537,000 after buying an additional 6,510 shares in the last quarter. International Assets Investment Management LLC lifted its holdings in Fair Isaac by 189,461.6% during the third quarter. International Assets Investment Management LLC now owns 538,355 shares of the technology company's stock worth $1,046,304,000 after buying an additional 538,071 shares during the period. Finally, Principal Financial Group Inc. boosted its position in Fair Isaac by 0.5% during the 3rd quarter. Principal Financial Group Inc. now owns 372,582 shares of the technology company's stock valued at $724,122,000 after acquiring an additional 1,977 shares in the last quarter. Hedge funds and other institutional investors own 85.75% of the company's stock.

Fair Isaac Stock Performance

NYSE FICO traded up $75.59 during trading hours on Wednesday, reaching $2,025.12. The stock had a trading volume of 226,904 shares, compared to its average volume of 156,349. 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 of $2,175.92 and a 200 day moving average of $1,925.62. The stock has a market cap of $49.31 billion, a P/E ratio of 99.03, a price-to-earnings-growth ratio of 4.00 and a beta of 1.40.

Analyst Ratings Changes

Several research analysts have recently commented on FICO shares. UBS Group assumed coverage on Fair Isaac in a research report on Tuesday, October 1st. They issued a "neutral" rating and a $2,100.00 price target for the company. Oppenheimer reduced their target price on shares of Fair Isaac from $2,515.00 to $2,409.00 and set an "outperform" rating for the company in a report on Tuesday, January 7th. Needham & Company LLC raised their price target on shares of Fair Isaac from $1,850.00 to $2,500.00 and gave the company a "buy" rating in a report on Thursday, November 7th. Royal Bank of Canada reiterated a "sector perform" rating and set a $2,040.00 price objective on shares of Fair Isaac in a research note on Thursday, November 7th. Finally, Jefferies Financial Group raised their target price on shares of Fair Isaac from $2,250.00 to $2,275.00 and gave the company a "buy" rating in a research note on Wednesday. Five analysts have rated the stock with a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat.com, Fair Isaac currently has a consensus rating of "Moderate Buy" and a consensus target price of $2,087.77.

Insider Buying and Selling at Fair Isaac

In other news, CFO Steven P. Weber sold 139 shares of the business'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 transaction, the chief financial officer now owns 2,478 shares of the company's stock, valued at $4,867,832.76. The trade was a 5.31 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Marc F. Mcmorris sold 520 shares of the firm's stock in a transaction dated Tuesday, December 17th. The stock was sold at an average price of $2,152.57, for a total value of $1,119,336.40. Following the sale, the director now directly owns 242 shares in the company, valued at approximately $520,921.94. This trade represents a 68.24 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 13,589 shares of company stock worth $31,258,963. Company insiders own 3.54% of the company's stock.

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.