Toronto Dominion Bank Raises Position in Fair Isaac Co. (NYSE:FICO)

Toronto Dominion Bank increased its holdings in Fair Isaac Co. (NYSE:FICO - Free Report) by 9.0% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 9,113 shares of the technology company's stock after buying an additional 753 shares during the quarter. Toronto Dominion Bank's holdings in Fair Isaac were worth $17,711,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. International Assets Investment Management LLC increased 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 buying an additional 538,071 shares in the last quarter. AustralianSuper Pty Ltd increased its holdings in Fair Isaac by 1,270.9% in the 3rd quarter. AustralianSuper Pty Ltd now owns 73,276 shares of the technology company's stock worth $142,413,000 after acquiring an additional 67,931 shares in the last quarter. FMR LLC raised its stake in Fair Isaac by 46.1% during the 3rd quarter. FMR LLC now owns 207,026 shares of the technology company's stock worth $402,358,000 after acquiring an additional 65,297 shares during the period. Jennison Associates LLC lifted its holdings in Fair Isaac by 35.1% during the third quarter. Jennison Associates LLC now owns 241,149 shares of the technology company's stock valued at $468,677,000 after purchasing an additional 62,653 shares in the last quarter. Finally, Sei Investments Co. lifted its holdings in Fair Isaac by 231.8% during the second quarter. Sei Investments Co. now owns 69,127 shares of the technology company's stock valued at $102,908,000 after purchasing an additional 48,294 shares in the last quarter. 85.75% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other news, Director Henry Tayloe Stansbury sold 249 shares of the firm's 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 completion of the sale, the director now owns 92 shares of the company's stock, valued at $215,146.60. This trade represents a 73.02 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP James M. Wehmann sold 3,500 shares of the business's stock in a transaction that occurred 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 sale, the executive vice president now directly owns 48,895 shares in the company, valued at approximately $113,456,446.95. This represents 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 worth $23,281,002 in the last three months. Corporate insiders own 3.54% of the company's stock.

Fair Isaac Trading Down 1.3 %

Shares of FICO stock traded down $28.12 on Friday, reaching $2,162.80. 120,339 shares of the company's stock were exchanged, compared to its average volume of 168,969. The stock has a market capitalization of $52.66 billion, a PE ratio of 105.76, a P/E/G ratio of 4.05 and a beta of 1.36. Fair Isaac Co. has a 52 week low of $1,105.65 and a 52 week high of $2,402.51. The company's fifty day simple moving average is $2,170.83 and its 200 day simple moving average is $1,820.30.

Analyst Upgrades and Downgrades

Several analysts have recently commented on FICO shares. The Goldman Sachs Group raised their price objective 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. Barclays increased 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. Needham & Company LLC boosted their price objective 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. UBS Group began coverage on Fair Isaac in a research report on Tuesday, October 1st. They set a "neutral" rating and a $2,100.00 target price for the company. Finally, Robert W. Baird lifted their target price on 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. Four analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $2,022.67.

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.