Tidal Investments LLC increased its holdings in shares of Fair Isaac Co. (NYSE:FICO - Free Report) by 50.8% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,784 shares of the technology company's stock after buying an additional 601 shares during the quarter. Tidal Investments LLC's holdings in Fair Isaac were worth $3,467,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds have also recently added to or reduced their stakes in the company. Heritage Family Offices LLP grew its stake in Fair Isaac by 2.0% during the third quarter. Heritage Family Offices LLP now owns 256 shares of the technology company's stock worth $498,000 after buying an additional 5 shares during the period. Thurston Springer Miller Herd & Titak Inc. lifted its holdings in shares of Fair Isaac by 5.7% during the 3rd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 111 shares of the technology company's stock valued at $216,000 after acquiring an additional 6 shares in the last quarter. Moss Adams Wealth Advisors LLC increased its holdings in Fair Isaac by 4.0% in the 3rd quarter. Moss Adams Wealth Advisors LLC now owns 155 shares of the technology company's stock valued at $301,000 after purchasing an additional 6 shares in the last quarter. Covestor Ltd raised its position in Fair Isaac by 30.0% in the third quarter. Covestor Ltd now owns 26 shares of the technology company's stock valued at $52,000 after purchasing an additional 6 shares during the period. Finally, Meeder Asset Management Inc. lifted its stake in shares of Fair Isaac by 37.5% during the third quarter. Meeder Asset Management Inc. now owns 22 shares of the technology company's stock worth $43,000 after purchasing an additional 6 shares in the last quarter. 85.75% of the stock is owned by institutional investors and hedge funds.
Insider Activity
In other news, Director Henry Tayloe Stansbury sold 249 shares of the firm's stock in a transaction that occurred on Monday, November 11th. The shares were sold at an average price of $2,338.55, 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 $215,146.60. This trade represents a 73.02 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP James M. Wehmann sold 3,500 shares of the stock in a transaction on 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 transaction, the executive vice president now 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. In the last quarter, insiders have sold 9,930 shares of company stock valued at $23,281,002. 3.54% of the stock is currently owned by insiders.
Wall Street Analyst Weigh In
Several research analysts recently commented on the company. Barclays boosted their price target on Fair Isaac from $2,150.00 to $2,350.00 and gave the stock an "overweight" rating in a research note on Thursday, November 7th. Royal Bank of Canada reiterated a "sector perform" rating and set a $2,040.00 target price on shares of Fair Isaac in a research note on Thursday, November 7th. UBS Group began coverage on shares of Fair Isaac in a research note on Tuesday, October 1st. They issued a "neutral" rating and a $2,100.00 price target for the company. 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 note on Thursday, November 7th. Finally, Oppenheimer boosted their target price on shares of Fair Isaac from $2,324.00 to $2,515.00 and gave the stock an "outperform" rating in a research report on Monday, December 2nd. Four research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat.com, Fair Isaac currently has a consensus rating of "Moderate Buy" and a consensus target price of $2,022.67.
View Our Latest Stock Report on Fair Isaac
Fair Isaac Stock Down 1.0 %
Fair Isaac stock traded down $22.03 on Friday, hitting $2,168.89. The company's stock had a trading volume of 120,376 shares, compared to its average volume of 168,969. The firm has a market cap of $52.81 billion, a P/E ratio of 106.06, a price-to-earnings-growth ratio of 4.05 and a beta of 1.36. Fair Isaac Co. has a one year low of $1,105.65 and a one year high of $2,402.51. The company has a fifty day moving average price of $2,170.83 and a 200-day moving average price of $1,823.34.
Fair Isaac Profile
(
Free Report)
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.
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