Jackson Square Capital LLC Acquires Shares of 195 Fair Isaac Co. (NYSE:FICO)

Jackson Square Capital LLC acquired a new stake in shares of Fair Isaac Co. (NYSE:FICO - Free Report) during the fourth quarter, according to its most recent filing with the SEC. The fund acquired 195 shares of the technology company's stock, valued at approximately $388,000.

A number of other institutional investors have also added to or reduced their stakes in the stock. Dimensional Fund Advisors LP lifted its holdings in shares of Fair Isaac by 5.7% in the second quarter. Dimensional Fund Advisors LP now owns 105,267 shares of the technology company's stock worth $156,704,000 after buying an additional 5,642 shares in the last quarter. Axxcess Wealth Management LLC boosted its holdings in Fair Isaac by 93.1% in the 2nd quarter. Axxcess Wealth Management LLC now owns 390 shares of the technology company's stock valued at $581,000 after purchasing an additional 188 shares during the period. Mercer Global Advisors Inc. ADV grew its position in shares of Fair Isaac by 5.8% during the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 779 shares of the technology company's stock valued at $1,159,000 after purchasing an additional 43 shares in the last quarter. Brighton Jones LLC increased its holdings in shares of Fair Isaac by 3.1% in the second quarter. Brighton Jones LLC now owns 438 shares of the technology company's stock worth $652,000 after purchasing an additional 13 shares during the period. Finally, Ieq Capital LLC raised its position in shares of Fair Isaac by 6.4% in the second quarter. Ieq Capital LLC now owns 1,523 shares of the technology company's stock worth $2,268,000 after buying an additional 92 shares in the last quarter. Hedge funds and other institutional investors own 85.75% of the company's stock.

Insiders Place Their Bets

In other news, CFO Steven P. Weber sold 139 shares of the business's stock in a transaction on Thursday, January 9th. The shares were sold at an average price of $1,964.42, for a total transaction of $273,054.38. Following the sale, the chief financial officer now owns 2,478 shares in the company, valued at approximately $4,867,832.76. The trade was a 5.31 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Henry Tayloe Stansbury sold 249 shares of the company's stock in a transaction dated Monday, November 11th. The stock was 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 directly owns 92 shares in the company, valued at $215,146.60. This represents a 73.02 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 13,589 shares of company stock valued at $31,258,963 in the last quarter. Insiders own 3.54% of the company's stock.

Fair Isaac Stock Down 3.7 %

Shares of FICO traded down $72.58 during trading hours on Friday, hitting $1,897.10. The company had a trading volume of 362,499 shares, compared to its average volume of 134,171. Fair Isaac Co. has a 52-week low of $1,105.65 and a 52-week high of $2,402.51. The stock's 50 day moving average price is $2,161.98 and its 200 day moving average price is $1,932.20. The firm has a market cap of $46.19 billion, a P/E ratio of 92.77, a P/E/G ratio of 3.55 and a beta of 1.40.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on the company. Barclays upped their target price on Fair Isaac from $2,150.00 to $2,350.00 and gave the stock an "overweight" rating in a research note on Thursday, November 7th. Needham & Company LLC upped their price objective on shares of Fair Isaac from $1,850.00 to $2,500.00 and gave the stock a "buy" rating in a research report on Thursday, November 7th. Oppenheimer lowered their target price on shares of 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 boosted their price target on shares of Fair Isaac from $1,700.00 to $2,000.00 and gave the stock a "neutral" rating in a research note on Thursday, November 7th. Finally, Wells Fargo & Company raised their price objective on shares of Fair Isaac from $2,200.00 to $2,400.00 and gave the company an "overweight" rating in a research report on Thursday, November 7th. Five investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average 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.