Oddo BHF Asset Management Sas Invests $3.20 Million in Fair Isaac Co. (NYSE:FICO)

Oddo BHF Asset Management Sas purchased a new position in Fair Isaac Co. (NYSE:FICO - Free Report) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 1,644 shares of the technology company's stock, valued at approximately $3,195,000.

Several other institutional investors and hedge funds also recently bought and sold shares of FICO. Capital Performance Advisors LLP bought a new stake in shares of Fair Isaac in the 3rd quarter valued at about $25,000. Tortoise Investment Management LLC raised its holdings in shares of Fair Isaac by 81.8% during the second quarter. Tortoise Investment Management LLC now owns 20 shares of the technology company's stock worth $30,000 after purchasing an additional 9 shares during the last quarter. Family Firm Inc. acquired a new position in Fair Isaac during the second quarter valued at $34,000. True Wealth Design LLC boosted its holdings in Fair Isaac by 900.0% in the third 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 during the last quarter. Finally, Meeder Asset Management Inc. raised its stake in shares of Fair Isaac by 37.5% during the 3rd quarter. Meeder Asset Management Inc. now owns 22 shares of the technology company's stock valued at $43,000 after buying an additional 6 shares during the last quarter. 85.75% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on the stock. Robert W. Baird lifted their target price on shares of Fair Isaac from $1,700.00 to $2,000.00 and gave the company a "neutral" rating in a report on Thursday, November 7th. The Goldman Sachs Group boosted their price target on shares of Fair Isaac from $2,374.00 to $2,661.00 and gave the stock a "buy" rating in a report on Thursday, December 5th. UBS Group initiated coverage on shares of Fair Isaac in a research note on Tuesday, October 1st. They issued a "neutral" rating and a $2,100.00 price target on the stock. Needham & Company LLC boosted their price objective 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. Finally, Barclays upped their target price 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. Four analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat, Fair Isaac currently has an average rating of "Moderate Buy" and an average target price of $2,022.67.

Fair Isaac Stock Performance

Shares of Fair Isaac stock traded down $28.12 during trading hours on Friday, hitting $2,162.80. The company's stock had a trading volume of 120,339 shares, compared to its average volume of 168,969. The firm has a fifty day moving average of $2,165.82 and a 200-day moving average of $1,814.89. The stock has a market cap of $52.66 billion, a price-to-earnings ratio of 107.14, a P/E/G ratio of 4.05 and a beta of 1.36. Fair Isaac Co. has a twelve month low of $1,105.65 and a twelve month high of $2,402.51.

Insider Activity

In other Fair Isaac news, Director Henry Tayloe Stansbury sold 249 shares of the firm's stock in a transaction on Monday, November 11th. The stock was sold at an average price of $2,338.55, for a total value of $582,298.95. Following the sale, the director now directly owns 92 shares in the company, valued at $215,146.60. This trade represents a 73.02 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP James M. Wehmann sold 3,500 shares of the company's stock in a transaction dated Thursday, November 21st. The stock was sold at an average price of $2,320.41, for a total value of $8,121,435.00. Following the transaction, the executive vice president now directly owns 48,895 shares of the company's stock, valued at approximately $113,456,446.95. This represents a 6.68 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 9,930 shares of company stock worth $23,281,002. Corporate insiders own 3.54% of the company's stock.

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.