Oak Thistle LLC Boosts Stock Holdings in Fair Isaac Co. (NYSE:FICO)

Oak Thistle LLC increased its position in Fair Isaac Co. (NYSE:FICO - Free Report) by 323.7% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,305 shares of the technology company's stock after acquiring an additional 997 shares during the period. Fair Isaac makes up about 0.8% of Oak Thistle LLC's portfolio, making the stock its 11th biggest holding. Oak Thistle LLC's holdings in Fair Isaac were worth $2,598,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Unique Wealth LLC lifted its position in Fair Isaac by 58.6% during the fourth quarter. Unique Wealth LLC now owns 257 shares of the technology company's stock valued at $512,000 after purchasing an additional 95 shares during the period. Miracle Mile Advisors LLC raised its stake in shares of Fair Isaac by 4.7% during the 4th quarter. Miracle Mile Advisors LLC now owns 908 shares of the technology company's stock valued at $1,808,000 after buying an additional 41 shares during the last quarter. Sunflower Bank N.A. lifted its holdings in shares of Fair Isaac by 12.6% in the 4th quarter. Sunflower Bank N.A. now owns 179 shares of the technology company's stock valued at $356,000 after buying an additional 20 shares during the period. Brookstone Capital Management purchased a new stake in shares of Fair Isaac in the fourth quarter worth about $206,000. Finally, Threadgill Financial LLC acquired a new stake in Fair Isaac during the fourth quarter worth about $354,000. Institutional investors and hedge funds own 85.75% of the company's stock.

Fair Isaac Stock Up 3.9 %

Shares of Fair Isaac stock traded up $75.59 during trading hours on Wednesday, reaching $2,025.12. 238,061 shares of the company's stock were exchanged, compared to its average volume of 156,349. The business has a fifty day moving average of $2,175.92 and a two-hundred day moving average of $1,925.62. The company has a market capitalization 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. Fair Isaac Co. has a 1 year low of $1,105.65 and a 1 year high of $2,402.51.

Insider Buying and Selling

In other Fair Isaac news, EVP Thomas A. Bowers sold 2,680 shares of the company's stock in a transaction dated Monday, November 11th. The shares were 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 of the company's stock, valued at $13,489,133.49. This represents a 31.72 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CFO Steven P. Weber sold 139 shares of Fair Isaac stock in a transaction on Thursday, January 9th. The shares were sold at an average price of $1,964.42, for a total value of $273,054.38. Following the completion of the sale, the chief financial officer now directly owns 2,478 shares of the company's stock, valued at $4,867,832.76. The trade was a 5.31 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 13,589 shares of company stock worth $31,258,963. 3.54% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of brokerages have issued reports on FICO. JPMorgan Chase & Co. began coverage on Fair Isaac in a research report on Friday, December 20th. They issued a "neutral" rating and a $2,150.00 price objective on the stock. Oppenheimer lowered their price target 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. UBS Group initiated coverage on shares of Fair Isaac in a report on Tuesday, October 1st. They issued a "neutral" rating and a $2,100.00 price objective for the company. Royal Bank of Canada reissued a "sector perform" rating and set a $2,040.00 target price on shares of Fair Isaac in a research note on Thursday, November 7th. Finally, Needham & Company LLC lifted their price target on Fair Isaac from $1,850.00 to $2,500.00 and gave the company a "buy" rating in a research note on Thursday, November 7th. Five analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $2,087.77.

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.