Czech National Bank Increases Stock Holdings in Fair Isaac Co. (NYSE:FICO)

Czech National Bank lifted its holdings in shares of Fair Isaac Co. (NYSE:FICO - Free Report) by 5.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 5,280 shares of the technology company's stock after purchasing an additional 286 shares during the period. Czech National Bank's holdings in Fair Isaac were worth $10,512,000 as of its most recent filing with the SEC.

Several other institutional investors also recently modified their holdings of FICO. Heritage Family Offices LLP increased its position in shares of Fair Isaac by 2.0% during the third quarter. Heritage Family Offices LLP now owns 256 shares of the technology company's stock worth $498,000 after buying an additional 5 shares during the period. Thurston Springer Miller Herd & Titak Inc. grew its holdings in Fair Isaac by 5.7% during the 3rd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 111 shares of the technology company's stock worth $216,000 after acquiring an additional 6 shares during the period. Moss Adams Wealth Advisors LLC raised its position in shares of Fair Isaac by 4.0% in the 3rd quarter. Moss Adams Wealth Advisors LLC now owns 155 shares of the technology company's stock worth $301,000 after acquiring an additional 6 shares in the last quarter. Covestor Ltd boosted its position in shares of Fair Isaac by 30.0% during the 3rd quarter. Covestor Ltd now owns 26 shares of the technology company's stock valued at $52,000 after purchasing an additional 6 shares in the last quarter. Finally, Meeder Asset Management Inc. grew its stake in Fair Isaac by 37.5% during the third quarter. Meeder Asset Management Inc. now owns 22 shares of the technology company's stock worth $43,000 after purchasing an additional 6 shares during the period. Institutional investors own 85.75% of the company's stock.

Fair Isaac Stock Up 1.7 %

NYSE FICO traded up $33.07 on Tuesday, reaching $1,945.05. The company had a trading volume of 99,465 shares, compared to its average volume of 147,542. The company's fifty day moving average is $2,177.19 and its 200 day moving average is $1,922.41. 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 market capitalization of $47.36 billion, a P/E ratio of 95.11, a P/E/G ratio of 4.00 and a beta of 1.40.

Insider Buying and Selling at Fair Isaac

In related news, Director Marc F. Mcmorris sold 520 shares of Fair Isaac 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 completion of the sale, the director now owns 242 shares of the company's stock, valued at approximately $520,921.94. This trade represents a 68.24 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, EVP James M. Wehmann sold 3,500 shares of the business's stock in a transaction dated Thursday, November 21st. The shares were sold at an average price of $2,320.41, for a total value of $8,121,435.00. Following the completion of 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 disclosure for this sale can be found here. In the last 90 days, insiders sold 13,450 shares of company stock worth $30,985,908. Insiders own 3.54% of the company's stock.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on the company. JPMorgan Chase & Co. assumed coverage on Fair Isaac in a research note on Friday, December 20th. They issued a "neutral" rating and a $2,150.00 price target on the stock. UBS Group started coverage on shares of Fair Isaac in a report on Tuesday, October 1st. They issued a "neutral" rating and a $2,100.00 price target for the company. Oppenheimer dropped their price objective on shares of Fair Isaac from $2,515.00 to $2,409.00 and set an "outperform" rating on the stock in a report on Tuesday, January 7th. Barclays raised their target price on Fair Isaac from $2,150.00 to $2,350.00 and gave the company an "overweight" rating in a research note on Thursday, November 7th. Finally, 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 research note on Thursday, November 7th. Five research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $2,024.31.

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.