New England Research & Management Inc. Takes $498,000 Position in Fair Isaac Co. (NYSE:FICO)

New England Research & Management Inc. bought a new position in shares of Fair Isaac Co. (NYSE:FICO - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 250 shares of the technology company's stock, valued at approximately $498,000.

Other large investors have also added to or reduced their stakes in the company. Capital Performance Advisors LLP purchased a new position in Fair Isaac in the 3rd quarter valued at about $25,000. True Wealth Design LLC raised its position in shares of Fair Isaac by 900.0% in the 3rd quarter. True Wealth Design LLC now owns 20 shares of the technology company's stock valued at $39,000 after purchasing an additional 18 shares in the last quarter. Berbice Capital Management LLC purchased a new position in shares of Fair Isaac during the 4th quarter valued at approximately $40,000. Meeder Asset Management Inc. grew its position in shares of Fair Isaac by 37.5% during the third quarter. Meeder Asset Management Inc. now owns 22 shares of the technology company's stock worth $43,000 after buying an additional 6 shares in the last quarter. Finally, Versant Capital Management Inc increased its stake in shares of Fair Isaac by 500.0% in the fourth quarter. Versant Capital Management Inc now owns 24 shares of the technology company's stock worth $48,000 after buying an additional 20 shares during the last quarter. 85.75% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research analysts have weighed in on FICO shares. Barclays raised their price objective on shares of Fair Isaac from $2,150.00 to $2,350.00 and gave the stock an "overweight" rating in a report on Thursday, November 7th. Robert W. Baird boosted their price objective on Fair Isaac from $1,700.00 to $2,000.00 and gave the company a "neutral" rating in a report on Thursday, November 7th. Jefferies Financial Group increased their target price on Fair Isaac from $2,250.00 to $2,275.00 and gave the stock a "buy" rating in a report on Wednesday, January 15th. Wells Fargo & Company boosted their price target on Fair Isaac from $2,200.00 to $2,400.00 and gave the company an "overweight" rating in a report on Thursday, November 7th. Finally, UBS Group reduced their price objective on Fair Isaac from $2,250.00 to $2,100.00 and set a "neutral" rating on the stock in a research note on Monday. Five investment 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, Fair Isaac currently has an average rating of "Moderate Buy" and a consensus target price of $2,087.77.

Insider Transactions at Fair Isaac

In other news, CFO Steven P. Weber sold 139 shares of Fair Isaac stock in a transaction on Thursday, January 9th. The stock was sold at an average price of $1,964.42, for a total transaction of $273,054.38. Following the transaction, the chief financial officer now directly owns 2,478 shares in the company, valued at approximately $4,867,832.76. This trade represents a 5.31 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed 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 completion of the sale, the director now owns 92 shares of the company's stock, valued at approximately $215,146.60. This trade represents a 73.02 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 13,589 shares of company stock worth $31,258,963. Company insiders own 3.54% of the company's stock.

Fair Isaac Trading Up 0.6 %

Fair Isaac stock traded up $11.69 during midday trading on Thursday, reaching $1,871.90. 46,783 shares of the stock traded hands, compared to its average volume of 219,072. The firm has a fifty day moving average price of $2,089.74 and a two-hundred day moving average price of $1,949.60. Fair Isaac Co. has a fifty-two week low of $1,105.65 and a fifty-two week high of $2,402.51. The firm has a market cap of $45.58 billion, a price-to-earnings ratio of 91.30, a PEG ratio of 3.46 and a beta of 1.40.

Fair Isaac Company 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.