Swedbank AB Has $25.78 Million Stake in Fair Isaac Co. (NYSE:FICO)

Swedbank AB raised its position in Fair Isaac Co. (NYSE:FICO) by 31.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 12,947 shares of the technology company’s stock after purchasing an additional 3,125 shares during the quarter. Swedbank AB’s holdings in Fair Isaac were worth $25,777,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Capital Performance Advisors LLP acquired a new stake in shares of Fair Isaac in the 3rd quarter valued at about $25,000. True Wealth Design LLC raised its stake in shares of Fair Isaac by 900.0% in the 3rd quarter. True Wealth Design LLC now owns 20 shares of the technology company’s stock valued at $39,000 after purchasing an additional 18 shares during the period. Berbice Capital Management LLC acquired a new stake in shares of Fair Isaac in the 4th quarter valued at about $40,000. Meeder Asset Management Inc. raised its stake in shares of Fair Isaac by 37.5% in the 3rd quarter. Meeder Asset Management Inc. now owns 22 shares of the technology company’s stock valued at $43,000 after purchasing an additional 6 shares during the period. Finally, Versant Capital Management Inc raised its stake in shares of Fair Isaac by 500.0% in the 4th quarter. Versant Capital Management Inc now owns 24 shares of the technology company’s stock valued at $48,000 after purchasing an additional 20 shares during the period. Institutional investors and hedge funds own 85.75% of the company’s stock.

Analyst Ratings Changes

FICO has been the topic of a number of recent research reports. Oppenheimer lowered their target price on Fair Isaac from $2,515.00 to $2,409.00 and set an “outperform” rating on the stock in a research report on Tuesday, January 7th. Needham & Company LLC lifted their target price 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. Jefferies Financial Group lifted 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. The Goldman Sachs Group lifted their target price on 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. Finally, JPMorgan Chase & Co. initiated coverage on Fair Isaac in a research report on Friday, December 20th. They issued a “neutral” rating and a $2,150.00 target price on the stock. Five analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat, Fair Isaac has a consensus rating of “Moderate Buy” and a consensus price target of $2,087.77.

Fair Isaac Stock Up 0.3 %

Shares of NYSE:FICO opened at $1,865.69 on Friday. Fair Isaac Co. has a 12-month low of $1,105.65 and a 12-month high of $2,402.51. The stock has a market cap of $45.43 billion, a PE ratio of 91.23, a P/E/G ratio of 3.46 and a beta of 1.40. The business has a 50 day moving average of $2,080.30 and a 200-day moving average of $1,949.02.

Insider Activity at Fair Isaac

In other Fair Isaac news, Director Henry Tayloe Stansbury sold 249 shares of the company’s stock in a transaction on Monday, November 11th. The stock was sold at an average price of $2,338.55, for a total transaction of $582,298.95. Following the completion of the sale, the director now directly owns 92 shares in the company, valued at $215,146.60. This represents a 73.02 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP James M. Wehmann sold 3,500 shares of the company’s stock in a transaction on Thursday, November 21st. The stock was sold at an average price of $2,320.41, for a total value of $8,121,435.00. Following the sale, 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 ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 13,589 shares of company stock worth $31,258,963. Company insiders own 3.54% of the company’s stock.

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.