Fair Isaac Co. (NYSE:FICO) Shares Bought by Sanctuary Advisors LLC

Sanctuary Advisors LLC lifted its stake in shares of Fair Isaac Co. (NYSE:FICO - Free Report) by 235.8% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 7,243 shares of the technology company's stock after purchasing an additional 5,086 shares during the quarter. Sanctuary Advisors LLC's holdings in Fair Isaac were worth $14,077,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the stock. International Assets Investment Management LLC increased its stake in Fair Isaac by 189,461.6% during the third quarter. International Assets Investment Management LLC now owns 538,355 shares of the technology company's stock worth $1,046,304,000 after acquiring an additional 538,071 shares during the last quarter. AustralianSuper Pty Ltd raised its holdings in Fair Isaac by 1,270.9% in the third quarter. AustralianSuper Pty Ltd now owns 73,276 shares of the technology company's stock valued at $142,413,000 after buying an additional 67,931 shares during the period. FMR LLC lifted its position in Fair Isaac by 46.1% during the third quarter. FMR LLC now owns 207,026 shares of the technology company's stock valued at $402,358,000 after buying an additional 65,297 shares in the last quarter. Jennison Associates LLC grew its stake in Fair Isaac by 35.1% during the third quarter. Jennison Associates LLC now owns 241,149 shares of the technology company's stock worth $468,677,000 after buying an additional 62,653 shares during the period. Finally, Sei Investments Co. increased its position in shares of Fair Isaac by 231.8% in the second quarter. Sei Investments Co. now owns 69,127 shares of the technology company's stock worth $102,908,000 after acquiring an additional 48,294 shares in the last quarter. Hedge funds and other institutional investors own 85.75% of the company's stock.

Fair Isaac Price Performance

Shares of FICO stock traded down $22.03 on Friday, hitting $2,168.89. 120,376 shares of the stock traded hands, compared to its average volume of 168,969. The company's fifty day moving average is $2,170.83 and its 200 day moving average is $1,820.30. Fair Isaac Co. has a 1-year low of $1,105.65 and a 1-year high of $2,402.51. The company has a market capitalization of $52.81 billion, a PE ratio of 105.76, a PEG ratio of 4.05 and a beta of 1.36.

Analyst Ratings Changes

FICO has been the topic of several recent research reports. Needham & Company LLC lifted their target price on shares of Fair Isaac from $1,850.00 to $2,500.00 and gave the company a "buy" rating in a report on Thursday, November 7th. UBS Group initiated coverage on Fair Isaac in a research report on Tuesday, October 1st. They issued a "neutral" rating and a $2,100.00 target price for the company. Wells Fargo & Company raised their target price 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. Oppenheimer upped their price target on Fair Isaac from $2,324.00 to $2,515.00 and gave the stock an "outperform" rating in a report on Monday, December 2nd. Finally, Robert W. Baird increased their price objective on shares of Fair Isaac from $1,700.00 to $2,000.00 and gave the company a "neutral" rating in a research report on Thursday, November 7th. Four research 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, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $2,022.67.

Insiders Place Their Bets

In related news, EVP Thomas A. Bowers sold 2,680 shares of Fair Isaac stock in a transaction dated Monday, November 11th. The shares were sold at an average price of $2,338.21, for a total transaction of $6,266,402.80. Following the sale, the executive vice president now directly owns 5,769 shares in the company, valued at $13,489,133.49. The trade was a 31.72 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 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 transaction of $8,121,435.00. Following the completion of the sale, the executive vice president now directly owns 48,895 shares of the company's stock, valued at $113,456,446.95. The trade was a 6.68 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 9,930 shares of company stock valued at $23,281,002 over the last quarter. Insiders own 3.54% of the company's stock.

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.