First National Bank of Omaha acquired a new stake in Fair Isaac Co. (NYSE:FICO - Free Report) in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 811 shares of the technology company's stock, valued at approximately $1,576,000.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Swedbank AB increased its stake in shares of Fair Isaac by 11.5% in the third quarter. Swedbank AB now owns 9,822 shares of the technology company's stock worth $19,089,000 after buying an additional 1,013 shares during the period. National Bank of Canada FI increased its position in shares of Fair Isaac by 51.9% in the third quarter. National Bank of Canada FI now owns 19,817 shares of the technology company's stock valued at $38,514,000 after acquiring an additional 6,768 shares during the period. BNP Paribas purchased a new position in shares of Fair Isaac in the third quarter valued at about $445,000. Harvest Fund Management Co. Ltd raised its stake in shares of Fair Isaac by 86.3% during the third quarter. Harvest Fund Management Co. Ltd now owns 760 shares of the technology company's stock valued at $1,477,000 after acquiring an additional 352 shares during the last quarter. Finally, FMR LLC boosted its holdings in shares of Fair Isaac by 46.1% during the third quarter. FMR LLC now owns 207,026 shares of the technology company's stock worth $402,358,000 after purchasing an additional 65,297 shares during the period. Institutional investors own 85.75% of the company's stock.
Insider Buying and Selling at Fair Isaac
In other Fair Isaac 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 value of $8,308,475.00. Following the completion of the sale, the executive vice president now owns 45,395 shares of the company's stock, valued at approximately $107,760,920.75. This trade represents a 7.16 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Henry Tayloe Stansbury sold 249 shares of the company's stock in a transaction on Monday, November 11th. The shares were sold at an average price of $2,338.55, for a total value of $582,298.95. Following the transaction, the director now directly owns 92 shares in the company, valued at approximately $215,146.60. The trade was a 73.02 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 9,929 shares of company stock worth $23,278,612. 3.54% of the stock is owned by insiders.
Fair Isaac Stock Down 6.1 %
Shares of NYSE FICO traded down $144.72 on Monday, reaching $2,227.11. 189,007 shares of the company's stock traded hands, compared to its average volume of 168,844. The business's 50 day simple moving average is $2,150.51 and its two-hundred day simple moving average is $1,804.06. Fair Isaac Co. has a 12 month low of $1,105.65 and a 12 month high of $2,402.51. The company has a market cap of $54.23 billion, a price-to-earnings ratio of 108.91, a price-to-earnings-growth ratio of 4.37 and a beta of 1.36.
Analyst Upgrades and Downgrades
FICO has been the subject of a number of recent analyst reports. UBS Group assumed coverage on Fair Isaac in a research report on Tuesday, October 1st. They set a "neutral" rating and a $2,100.00 price target for the company. Oppenheimer upped their target price on Fair Isaac from $2,324.00 to $2,515.00 and gave the company an "outperform" rating in a report on Monday, December 2nd. Barclays boosted their price objective on shares of Fair Isaac from $2,150.00 to $2,350.00 and gave the company an "overweight" rating in a research report on Thursday, November 7th. Royal Bank of Canada reaffirmed a "sector perform" rating and issued a $2,040.00 target price on shares of Fair Isaac in a research report on Thursday, November 7th. Finally, The Goldman Sachs Group boosted their price target on shares of Fair Isaac from $2,374.00 to $2,661.00 and gave the company a "buy" rating in a research report on Thursday. Four research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $2,022.67.
Check Out Our Latest Report on FICO
Fair Isaac Company Profile
(
Free Report)
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.
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