International Assets Investment Management LLC Sells 538,169 Shares of Fair Isaac Co. (NYSE:FICO)

International Assets Investment Management LLC lessened its stake in shares of Fair Isaac Co. (NYSE:FICO - Free Report) by 100.0% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 186 shares of the technology company's stock after selling 538,169 shares during the period. International Assets Investment Management LLC's holdings in Fair Isaac were worth $371,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also bought and sold shares of FICO. Pensionfund Sabic increased its position in Fair Isaac by 14.3% during the fourth quarter. Pensionfund Sabic now owns 800 shares of the technology company's stock worth $1,593,000 after buying an additional 100 shares during the last quarter. GAMMA Investing LLC increased its holdings in shares of Fair Isaac by 36.4% during the 4th quarter. GAMMA Investing LLC now owns 90 shares of the technology company's stock worth $179,000 after acquiring an additional 24 shares during the last quarter. Versant Capital Management Inc raised its stake in Fair Isaac by 500.0% in the 4th quarter. Versant Capital Management Inc now owns 24 shares of the technology company's stock valued at $48,000 after acquiring an additional 20 shares during the period. JPMorgan Chase & Co. raised its stake in Fair Isaac by 1.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 673,242 shares of the technology company's stock valued at $1,308,460,000 after acquiring an additional 7,466 shares during the period. Finally, Lord Abbett & CO. LLC boosted its position in Fair Isaac by 18.8% during the third quarter. Lord Abbett & CO. LLC now owns 23,471 shares of the technology company's stock worth $45,616,000 after purchasing an additional 3,721 shares during the period. Institutional investors own 85.75% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on FICO shares. Wells Fargo & Company raised their target price on shares of Fair Isaac from $2,200.00 to $2,400.00 and gave the stock an "overweight" rating in a research note on Thursday, November 7th. UBS Group started coverage on Fair Isaac in a report on Tuesday, October 1st. They set a "neutral" rating and a $2,100.00 price objective for the company. Needham & Company LLC increased their target price 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. Oppenheimer reduced their price target on Fair Isaac from $2,515.00 to $2,409.00 and set an "outperform" rating for the company in a research note on Tuesday, January 7th. Finally, JPMorgan Chase & Co. assumed coverage on Fair Isaac in a report on Friday, December 20th. They issued a "neutral" rating and a $2,150.00 price objective on the stock. Five research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat, Fair Isaac currently has a consensus rating of "Moderate Buy" and a consensus target price of $2,024.31.

Insiders Place Their Bets

In related news, Director Marc F. Mcmorris sold 520 shares of Fair Isaac stock in a transaction that occurred on Tuesday, December 17th. The shares were sold at an average price of $2,152.57, for a total transaction of $1,119,336.40. Following the sale, the director now directly owns 242 shares of the company's stock, valued at approximately $520,921.94. The trade was a 68.24 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Henry Tayloe Stansbury sold 249 shares of the firm's stock in a transaction that occurred on Monday, November 11th. The shares were sold at an average price of $2,338.55, for a total transaction of $582,298.95. Following the completion of the sale, the director now owns 92 shares in the company, valued at $215,146.60. This represents a 73.02 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 13,450 shares of company stock worth $30,985,908 over the last three months. Insiders own 3.54% of the company's stock.

Fair Isaac Price Performance

FICO traded down $49.42 on Friday, hitting $1,915.00. 111,501 shares of the stock were exchanged, compared to its average volume of 160,067. Fair Isaac Co. has a 12 month low of $1,105.65 and a 12 month high of $2,402.51. The firm has a market capitalization of $46.63 billion, a price-to-earnings ratio of 93.64, a PEG ratio of 4.00 and a beta of 1.40. The business has a 50-day moving average of $2,178.81 and a two-hundred day moving average of $1,919.36.

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.