Nisa Investment Advisors LLC Sells 2,129 Shares of Fair Isaac Co. (NYSE:FICO)

Nisa Investment Advisors LLC lessened its position in shares of Fair Isaac Co. (NYSE:FICO) by 32.6% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 4,397 shares of the technology company’s stock after selling 2,129 shares during the period. Nisa Investment Advisors LLC’s holdings in Fair Isaac were worth $8,754,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of FICO. Capital Performance Advisors LLP acquired a new position in shares of Fair Isaac in the 3rd quarter valued at about $25,000. True Wealth Design LLC increased its holdings in Fair Isaac by 900.0% in the third quarter. True Wealth Design LLC now owns 20 shares of the technology company’s stock worth $39,000 after purchasing an additional 18 shares in the last quarter. Meeder Asset Management Inc. lifted its stake in Fair Isaac by 37.5% in the third 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. Versant Capital Management Inc boosted its holdings in shares of Fair Isaac by 500.0% during the 4th quarter. Versant Capital Management Inc now owns 24 shares of the technology company’s stock worth $48,000 after buying an additional 20 shares in the last quarter. Finally, Covestor Ltd grew its position in shares of Fair Isaac by 30.0% during the 3rd quarter. Covestor Ltd now owns 26 shares of the technology company’s stock worth $52,000 after buying an additional 6 shares during the period. Institutional investors and hedge funds own 85.75% of the company’s stock.

Insider Buying and Selling at Fair Isaac

In related news, EVP James M. Wehmann sold 3,500 shares of the business’s stock in a transaction dated 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 transaction, the executive vice president now directly owns 48,895 shares of the company’s stock, valued at approximately $113,456,446.95. The trade was a 6.68 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Steven P. Weber sold 139 shares of the firm’s stock in a transaction dated Thursday, January 9th. The stock was sold at an average price of $1,964.42, for a total transaction of $273,054.38. Following the sale, the chief financial officer now owns 2,478 shares of the company’s stock, valued at $4,867,832.76. This trade 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. Insiders own 3.54% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on FICO. Royal Bank of Canada reissued 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. Robert W. Baird increased their price objective on shares of Fair Isaac from $1,700.00 to $2,000.00 and gave the stock a “neutral” rating in a research report on Thursday, November 7th. Jefferies Financial Group boosted their target price on Fair Isaac from $2,250.00 to $2,275.00 and gave the company a “buy” rating in a research report on Wednesday, January 15th. JPMorgan Chase & Co. assumed coverage on Fair Isaac in a report on Friday, December 20th. They issued a “neutral” rating and a $2,150.00 price target on the stock. Finally, The Goldman Sachs Group boosted their price objective on Fair Isaac from $2,374.00 to $2,661.00 and gave the company a “buy” rating in a report on Thursday, December 5th. Five equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $2,087.77.

Fair Isaac Price Performance

Shares of FICO stock opened at $1,850.76 on Friday. The firm has a 50-day moving average of $2,124.83 and a 200-day moving average of $1,938.99. 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 market cap of $45.07 billion, a P/E ratio of 90.50, a P/E/G ratio of 3.49 and a beta of 1.40.

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.