Stifel Financial Corp Sells 340 Shares of Fair Isaac Co. (NYSE:FICO)

Stifel Financial Corp reduced its position in Fair Isaac Co. (NYSE:FICO - Free Report) by 1.5% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 23,071 shares of the technology company's stock after selling 340 shares during the period. Stifel Financial Corp owned about 0.09% of Fair Isaac worth $44,840,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Capital Performance Advisors LLP acquired a new position in shares of Fair Isaac in the 3rd quarter valued at about $25,000. Tortoise Investment Management LLC increased its stake in Fair Isaac by 81.8% in the 2nd quarter. Tortoise Investment Management LLC now owns 20 shares of the technology company's stock valued at $30,000 after buying an additional 9 shares during the period. Family Firm Inc. acquired a new position in Fair Isaac in the 2nd quarter valued at approximately $34,000. True Wealth Design LLC lifted its position in Fair Isaac by 900.0% in the 3rd quarter. True Wealth Design LLC now owns 20 shares of the technology company's stock worth $39,000 after buying an additional 18 shares in the last quarter. Finally, Meeder Asset Management Inc. boosted 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 period. Institutional investors and hedge funds own 85.75% of the company's stock.

Insiders Place Their Bets

In other Fair Isaac news, EVP James M. Wehmann sold 3,500 shares of the firm's stock in a transaction on Thursday, November 21st. The shares were sold at an average price of $2,320.41, for a total value of $8,121,435.00. Following the sale, the executive vice president now directly owns 48,895 shares in the company, valued at $113,456,446.95. This trade represents a 6.68 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, 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 transaction, the director now owns 92 shares in the company, valued at approximately $215,146.60. The trade was a 73.02 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 6,429 shares of company stock valued at $14,970,137 in the last quarter. Insiders own 3.54% of the company's stock.

Fair Isaac Price Performance

Shares of NYSE FICO traded up $4.67 during trading hours on Friday, hitting $2,371.83. 110,041 shares of the stock were exchanged, compared to its average volume of 151,002. Fair Isaac Co. has a one year low of $1,099.74 and a one year high of $2,402.51. The company's 50 day moving average is $2,144.84 and its 200 day moving average is $1,794.89. The firm has a market capitalization of $57.75 billion, a P/E ratio of 115.98, a P/E/G ratio of 4.38 and a beta of 1.36.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on FICO shares. Needham & Company LLC upped their price target on shares of 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. The Goldman Sachs Group upped their target price on Fair Isaac from $2,374.00 to $2,661.00 and gave the stock a "buy" rating in a research report on Thursday. Wells Fargo & Company lifted 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. Robert W. Baird increased their price objective on Fair Isaac from $1,700.00 to $2,000.00 and gave the stock a "neutral" rating in a report on Thursday, November 7th. Finally, Barclays lifted their target price 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. Four investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to MarketBeat, Fair Isaac presently has an average rating of "Moderate Buy" and a consensus price target of $2,022.67.

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.