Fair Isaac Co. (NYSE:FICO) Shares Sold by Public Employees Retirement System of Ohio

Public Employees Retirement System of Ohio trimmed its holdings in Fair Isaac Co. (NYSE:FICO - Free Report) by 2.5% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 9,620 shares of the technology company's stock after selling 243 shares during the period. Public Employees Retirement System of Ohio's holdings in Fair Isaac were worth $18,697,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in FICO. First National Bank of Omaha acquired a new stake in shares of Fair Isaac during the third quarter valued at $1,576,000. National Bank of Canada FI boosted its holdings in shares of Fair Isaac by 51.9% during the third quarter. National Bank of Canada FI now owns 19,817 shares of the technology company's stock worth $38,514,000 after purchasing an additional 6,768 shares during the last quarter. Swedbank AB grew its position 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 valued at $19,089,000 after purchasing an additional 1,013 shares during the period. BNP Paribas acquired a new position in Fair Isaac in the third quarter valued at $445,000. Finally, Harvest Fund Management Co. Ltd lifted its position in Fair Isaac by 86.3% during the third quarter. Harvest Fund Management Co. Ltd now owns 760 shares of the technology company's stock worth $1,477,000 after buying an additional 352 shares during the period. 85.75% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research firms have recently commented on FICO. Oppenheimer upped their price objective on shares of Fair Isaac from $2,324.00 to $2,515.00 and gave the company an "outperform" rating in a research note on Monday, December 2nd. Wells Fargo & Company increased their price target 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. Royal Bank of Canada reissued a "sector perform" rating and set a $2,040.00 price objective on shares of Fair Isaac in a research note on Thursday, November 7th. 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 report on Thursday, November 7th. Finally, UBS Group assumed coverage on Fair Isaac in a report on Tuesday, October 1st. They issued a "neutral" rating and a $2,100.00 target price on the stock. Four investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat, Fair Isaac has a consensus rating of "Moderate Buy" and a consensus target price of $2,022.67.

Fair Isaac Stock Performance

Shares of NYSE:FICO traded up $19.68 during mid-day trading on Wednesday, hitting $2,192.37. 156,916 shares of the company traded hands, compared to its average volume of 169,221. The firm's 50 day simple moving average is $2,160.74 and its 200 day simple moving average is $1,812.26. The firm has a market cap of $53.38 billion, a P/E ratio of 107.21, a PEG ratio of 4.37 and a beta of 1.36. Fair Isaac Co. has a 52-week low of $1,105.65 and a 52-week high of $2,402.51.

Insider Buying and Selling at Fair Isaac

In related news, EVP Thomas A. Bowers sold 2,680 shares of Fair Isaac stock in a transaction on Monday, November 11th. The shares were sold at an average price of $2,338.21, for a total value of $6,266,402.80. Following the completion of the sale, the executive vice president now owns 5,769 shares in the company, valued at approximately $13,489,133.49. The trade was a 31.72 % decrease in their ownership of the stock. The sale was disclosed in a filing 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 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 sold 9,930 shares of company stock valued at $23,281,002 over the last 90 days. 3.54% of the stock is owned by corporate insiders.

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.