Fair Isaac Co. (NYSE:FICO) Holdings Lowered by Carderock Capital Management Inc.

Carderock Capital Management Inc. cut its stake in Fair Isaac Co. (NYSE:FICO - Free Report) by 15.1% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 5,252 shares of the technology company's stock after selling 935 shares during the quarter. Fair Isaac comprises about 2.6% of Carderock Capital Management Inc.'s holdings, making the stock its 9th biggest holding. Carderock Capital Management Inc.'s holdings in Fair Isaac were worth $10,456,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently modified their holdings of the company. International Assets Investment Management LLC grew its stake 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 worth $1,046,304,000 after purchasing an additional 538,071 shares during the period. AustralianSuper Pty Ltd grew its position 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 buying an additional 67,931 shares during the period. FMR LLC increased 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 worth $402,358,000 after acquiring an additional 65,297 shares in the last quarter. Jennison Associates LLC lifted its position in Fair Isaac by 35.1% during the 3rd quarter. Jennison Associates LLC now owns 241,149 shares of the technology company's stock valued at $468,677,000 after acquiring an additional 62,653 shares during the period. Finally, Sei Investments Co. boosted its stake in Fair Isaac by 231.8% during the second quarter. Sei Investments Co. now owns 69,127 shares of the technology company's stock worth $102,908,000 after acquiring an additional 48,294 shares in the last quarter. Institutional investors own 85.75% of the company's stock.

Fair Isaac Stock Performance

Shares of NYSE FICO traded down $72.58 during midday trading on Friday, hitting $1,897.10. 362,499 shares of the stock traded hands, compared to its average volume of 134,171. The firm has a market capitalization of $46.19 billion, a P/E ratio of 92.77, a PEG ratio of 3.55 and a beta of 1.40. Fair Isaac Co. has a one year low of $1,105.65 and a one year high of $2,402.51. The firm has a 50-day moving average of $2,161.98 and a two-hundred day moving average of $1,932.20.

Insider Buying and Selling at Fair Isaac

In related news, EVP James M. Wehmann sold 3,500 shares of Fair Isaac stock in a transaction on Thursday, December 5th. The stock was sold at an average price of $2,373.85, for a total transaction of $8,308,475.00. Following the transaction, the executive vice president now directly owns 45,395 shares in the company, valued at approximately $107,760,920.75. The trade was a 7.16 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Thomas A. Bowers sold 2,680 shares of the company's stock in a transaction dated 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 completion of the sale, the executive vice president now owns 5,769 shares of the company's stock, valued at approximately $13,489,133.49. The trade was a 31.72 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 13,589 shares of company stock valued at $31,258,963. 3.54% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the stock. Barclays lifted their target price 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. JPMorgan Chase & Co. began coverage on Fair Isaac in a research note on Friday, December 20th. They set a "neutral" rating and a $2,150.00 price objective for the company. Oppenheimer cut their target price on Fair Isaac from $2,515.00 to $2,409.00 and set an "outperform" rating on the stock in a research note on Tuesday, January 7th. Robert W. Baird lifted their price target 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. Finally, UBS Group initiated coverage on shares of Fair Isaac in a research note on Tuesday, October 1st. They set a "neutral" rating and a $2,100.00 price objective for the company. Five analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $2,087.77.

About Fair Isaac

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.