Fair Isaac Co. (NYSE:FICO) Shares Sold by Segall Bryant & Hamill LLC

Segall Bryant & Hamill LLC cut its stake in Fair Isaac Co. (NYSE:FICO - Free Report) by 4.1% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 16,030 shares of the technology company's stock after selling 677 shares during the quarter. Segall Bryant & Hamill LLC owned about 0.07% of Fair Isaac worth $31,155,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the stock. Price T Rowe Associates Inc. MD boosted its holdings in Fair Isaac by 25.4% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 861,283 shares of the technology company's stock valued at $1,076,268,000 after purchasing an additional 174,397 shares during the last quarter. International Assets Investment Management LLC grew its position in Fair Isaac by 189,461.6% in 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 period. Principal Financial Group Inc. increased its stake in Fair Isaac by 0.5% during the third quarter. Principal Financial Group Inc. now owns 372,582 shares of the technology company's stock worth $724,122,000 after acquiring an additional 1,977 shares during the last quarter. American Century Companies Inc. raised its position in Fair Isaac by 6.7% in the second quarter. American Century Companies Inc. now owns 345,628 shares of the technology company's stock valued at $514,523,000 after purchasing an additional 21,768 shares during the period. Finally, Capital International Investors lifted its stake in shares of Fair Isaac by 4.5% in the 1st quarter. Capital International Investors now owns 181,406 shares of the technology company's stock valued at $226,687,000 after purchasing an additional 7,884 shares during the last quarter. Hedge funds and other institutional investors own 85.75% of the company's stock.

Wall Street Analyst Weigh In

FICO has been the topic of several research analyst reports. Wells Fargo & Company boosted 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 report on Thursday, November 7th. Barclays boosted their price target on shares of Fair Isaac from $2,150.00 to $2,350.00 and gave the company an "overweight" rating in a research note on Thursday, November 7th. Robert W. Baird increased their price objective on shares of Fair Isaac from $1,700.00 to $2,000.00 and gave the stock a "neutral" rating in a research report on Thursday, November 7th. Needham & Company LLC boosted their target price on Fair Isaac from $1,850.00 to $2,500.00 and gave the company a "buy" rating in a research report on Thursday, November 7th. Finally, Royal Bank of Canada restated a "sector perform" rating and set a $2,040.00 price target on shares of Fair Isaac in a research report on Thursday, November 7th. Four analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $1,964.92.

Insider Transactions at Fair Isaac

In other news, Director Henry Tayloe Stansbury sold 249 shares of the business'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 transaction, the director now directly owns 92 shares of the company's stock, valued at approximately $215,146.60. The trade was a 73.02 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Thomas A. Bowers sold 2,680 shares of the business's stock in a transaction that occurred on Monday, November 11th. The stock was sold at an average price of $2,338.21, for a total value of $6,266,402.80. Following the sale, the executive vice president now owns 5,769 shares of the company's stock, valued at approximately $13,489,133.49. The trade was a 31.72 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 6,890 shares of company stock valued at $13,780,452. 3.54% of the stock is currently owned by corporate insiders.

Fair Isaac Price Performance

Shares of Fair Isaac stock traded down $14.07 on Wednesday, reaching $2,270.36. 36,013 shares of the company were exchanged, compared to its average volume of 169,483. Fair Isaac Co. has a 1-year low of $1,049.30 and a 1-year high of $2,402.51. The company has a market cap of $55.28 billion, a P/E ratio of 111.71, a price-to-earnings-growth ratio of 4.16 and a beta of 1.35. The stock's 50 day moving average price is $2,026.85 and its 200-day moving average price is $1,704.79.

Fair Isaac announced that its board has authorized a stock repurchase program on Tuesday, July 30th that allows the company to buyback $1.00 billion in shares. This buyback authorization allows the technology company to reacquire up to 2.6% of its stock through open market purchases. Stock buyback programs are usually an indication that the company's leadership believes its shares are undervalued.

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.