Fair Isaac Co. (NYSE:FICO) Stake Lessened by Flagship Harbor Advisors LLC

Flagship Harbor Advisors LLC cut its stake in Fair Isaac Co. (NYSE:FICO) by 9.5% during the 4th quarter, HoldingsChannel reports. The fund owned 996 shares of the technology company’s stock after selling 104 shares during the period. Flagship Harbor Advisors LLC’s holdings in Fair Isaac were worth $1,982,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. First National Bank of Omaha bought a new position in shares of Fair Isaac during the third quarter worth about $1,576,000. National Bank of Canada FI lifted its holdings in Fair Isaac by 51.9% during the 3rd quarter. National Bank of Canada FI now owns 19,817 shares of the technology company’s stock worth $38,514,000 after buying an additional 6,768 shares during the last quarter. Swedbank AB grew its position in shares of Fair Isaac by 11.5% in the 3rd quarter. Swedbank AB now owns 9,822 shares of the technology company’s stock worth $19,089,000 after acquiring an additional 1,013 shares in the last quarter. Donoghue Forlines LLC bought a new stake in shares of Fair Isaac in the 4th quarter valued at approximately $1,935,000. Finally, BNP Paribas acquired a new stake in shares of Fair Isaac during the 3rd quarter valued at approximately $445,000. 85.75% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of research firms have commented on FICO. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $2,040.00 price objective on shares of Fair Isaac in a report on Thursday, November 7th. Oppenheimer lowered their price objective on shares of Fair Isaac from $2,515.00 to $2,409.00 and set an “outperform” rating for the company in a research report on Tuesday, January 7th. Wells Fargo & Company raised their target price on shares of Fair Isaac from $2,200.00 to $2,400.00 and gave the stock an “overweight” rating in a report on Thursday, November 7th. UBS Group assumed coverage on Fair Isaac in a report on Tuesday, October 1st. They set a “neutral” rating and a $2,100.00 target price for the company. Finally, The Goldman Sachs Group raised their price target on Fair Isaac from $2,374.00 to $2,661.00 and gave the stock a “buy” rating in a report on Thursday, December 5th. Five investment analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $2,087.77.

Insiders Place Their Bets

In other Fair Isaac news, 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 value of $273,054.38. Following the sale, the chief financial officer now directly owns 2,478 shares in the company, valued at approximately $4,867,832.76. The trade was a 5.31 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, 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 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 position. The disclosure for this sale can be found here. In the last three months, insiders have sold 13,589 shares of company stock worth $31,258,963. 3.54% of the stock is owned by corporate insiders.

Fair Isaac Stock Down 2.2 %

FICO stock opened at $1,813.88 on Monday. The company has a 50-day simple moving average of $2,115.89 and a 200 day simple moving average of $1,946.43. The company has a market capitalization of $44.17 billion, a P/E ratio of 88.70, a PEG ratio of 3.46 and a beta of 1.40. Fair Isaac Co. has a fifty-two week low of $1,105.65 and a fifty-two week high of $2,402.51.

About Fair Isaac

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.