Swedbank AB Increases Stake in Fair Isaac Co. (NYSE:FICO)

Swedbank AB lifted its position in shares of Fair Isaac Co. (NYSE:FICO - Free Report) by 31.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 12,947 shares of the technology company's stock after purchasing an additional 3,125 shares during the period. Swedbank AB owned 0.05% of Fair Isaac worth $25,777,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. First National Bank of Omaha acquired a new position in shares of Fair Isaac in the third quarter valued at $1,576,000. National Bank of Canada FI grew its stake in Fair Isaac by 51.9% in the 3rd quarter. National Bank of Canada FI now owns 19,817 shares of the technology company's stock valued at $38,514,000 after buying an additional 6,768 shares during the last quarter. Donoghue Forlines LLC bought a new position in Fair Isaac in the 4th quarter valued at about $1,935,000. BNP Paribas acquired a new stake in Fair Isaac during the third quarter worth approximately $445,000. Finally, Harvest Fund Management Co. Ltd boosted its holdings in shares of 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 acquiring an additional 352 shares during the period. 85.75% of the stock is owned by institutional investors.

Fair Isaac Stock Performance

FICO stock traded up $8.17 during mid-day trading on Friday, hitting $1,874.59. The company had a trading volume of 199,123 shares, compared to its average volume of 221,901. Fair Isaac Co. has a 12 month low of $1,105.65 and a 12 month high of $2,402.51. The stock's fifty day moving average price is $2,070.67 and its two-hundred day moving average price is $1,951.00. The firm has a market cap of $45.81 billion, a PE ratio of 91.67, a price-to-earnings-growth ratio of 3.42 and a beta of 1.40.

Analyst Ratings Changes

Several research firms recently weighed in on FICO. Robert W. Baird lifted their price target 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. Oppenheimer dropped their target price on Fair Isaac from $2,515.00 to $2,409.00 and set an "outperform" rating for the company in a report on Tuesday, January 7th. Barclays raised their price target on shares of Fair Isaac from $2,150.00 to $2,350.00 and gave the stock an "overweight" rating in a research report on Thursday, November 7th. UBS Group decreased their target price on shares of Fair Isaac from $2,250.00 to $2,100.00 and set a "neutral" rating on the stock in a research report on Monday. Finally, The Goldman Sachs Group lifted their price target on shares of Fair Isaac from $2,374.00 to $2,661.00 and gave the company a "buy" rating in a research report on Thursday, December 5th. Five research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $2,087.77.

Insider Activity

In related news, Director Henry Tayloe Stansbury sold 249 shares of the 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 owns 92 shares in the company, valued at approximately $215,146.60. This trade represents a 73.02 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Thomas A. Bowers sold 2,680 shares of the firm's stock in a transaction that occurred on 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 completion of the sale, the executive vice president now directly owns 5,769 shares in the company, valued at $13,489,133.49. This represents a 31.72 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 13,589 shares of company stock valued at $31,258,963 over the last quarter. Company 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.