Union Bancaire Privee UBP SA Makes New Investment in Fair Isaac Co. (NYSE:FICO)

Union Bancaire Privee UBP SA bought a new stake in Fair Isaac Co. (NYSE:FICO - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 578 shares of the technology company's stock, valued at approximately $1,178,000.

Several other hedge funds also recently bought and sold shares of the company. Blue Trust Inc. raised its holdings in shares of Fair Isaac by 16.9% during the fourth quarter. Blue Trust Inc. now owns 421 shares of the technology company's stock worth $818,000 after acquiring an additional 61 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management bought a new stake in shares of Fair Isaac in the fourth quarter valued at about $394,000. Marshall Financial Group LLC boosted its position in shares of Fair Isaac by 14.9% during the fourth quarter. Marshall Financial Group LLC now owns 193 shares of the technology company's stock worth $384,000 after buying an additional 25 shares during the period. Insight Inv LLC bought a new position in shares of Fair Isaac during the fourth quarter worth about $275,000. Finally, Tributary Capital Management LLC raised its position in Fair Isaac by 92.5% in the 4th quarter. Tributary Capital Management LLC now owns 231 shares of the technology company's stock valued at $460,000 after buying an additional 111 shares during the last quarter. 85.75% of the stock is currently owned by institutional investors and hedge funds.

Fair Isaac Price Performance

Fair Isaac stock traded up $11.00 during mid-day trading on Tuesday, hitting $1,853.64. 214,119 shares of the company's stock traded hands, compared to its average volume of 231,712. The firm has a 50 day simple moving average of $2,107.30 and a two-hundred day simple moving average of $1,948.35. Fair Isaac Co. has a fifty-two week low of $1,105.65 and a fifty-two week high of $2,402.51. The stock has a market cap of $45.14 billion, a price-to-earnings ratio of 90.64, a P/E/G ratio of 3.46 and a beta of 1.40.

Insider Transactions at Fair Isaac

In related news, EVP Thomas A. Bowers sold 2,680 shares of the firm's stock in a transaction dated 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 transaction, the executive vice president now directly owns 5,769 shares of the company's stock, valued at approximately $13,489,133.49. This trade represents a 31.72 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Steven P. Weber sold 139 shares of the business's stock in a transaction dated Thursday, January 9th. The shares were sold at an average price of $1,964.42, for a total transaction of $273,054.38. Following the completion of the sale, the chief financial officer now directly owns 2,478 shares of the company's stock, valued at $4,867,832.76. This represents a 5.31 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 13,589 shares of company stock worth $31,258,963. 3.54% of the stock is owned by insiders.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the stock. 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 note on Thursday, November 7th. 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 note on Thursday, December 5th. Needham & Company LLC boosted 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 report on Thursday, November 7th. UBS Group decreased their price objective on Fair Isaac from $2,250.00 to $2,100.00 and set a "neutral" rating for the company in a report on Monday. Finally, Royal Bank of Canada reiterated a "sector perform" rating and set a $2,040.00 target price on shares of Fair Isaac in a report on Thursday, November 7th. Five 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 $2,087.77.

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.