118 Shares in Fair Isaac Co. (NYSE:FICO) Acquired by PDS Planning Inc

PDS Planning Inc purchased a new stake in Fair Isaac Co. (NYSE:FICO) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 118 shares of the technology company’s stock, valued at approximately $229,000.

Other large investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its stake in shares of Fair Isaac by 1.3% in the first quarter. Vanguard Group Inc. now owns 2,855,775 shares of the technology company’s stock valued at $3,568,605,000 after acquiring an additional 35,263 shares in the last quarter. Price T Rowe Associates Inc. MD grew its position in shares of Fair Isaac by 25.4% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 861,283 shares of the technology company’s stock worth $1,076,268,000 after purchasing an additional 174,397 shares in the last quarter. International Assets Investment Management LLC grew its position in shares of Fair Isaac by 189,461.6% during the 3rd quarter. International Assets Investment Management LLC now owns 538,355 shares of the technology company’s stock worth $1,046,304,000 after purchasing an additional 538,071 shares in the last quarter. Principal Financial Group Inc. raised its position in shares of Fair Isaac by 3.9% in the second quarter. Principal Financial Group Inc. now owns 370,605 shares of the technology company’s stock valued at $551,706,000 after buying an additional 13,966 shares in the last quarter. Finally, American Century Companies Inc. boosted its stake in shares of Fair Isaac by 6.7% in the second quarter. American Century Companies Inc. now owns 345,628 shares of the technology company’s stock valued at $514,523,000 after buying an additional 21,768 shares during the period. Institutional investors own 85.75% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have commented on FICO shares. UBS Group started coverage on Fair Isaac in a research note on Tuesday, October 1st. They set a “neutral” rating and a $2,100.00 price objective on the stock. Needham & Company LLC boosted their price target on Fair Isaac from $1,500.00 to $1,850.00 and gave the company a “buy” rating in a research note on Thursday, August 1st. Oppenheimer increased their price objective on shares of Fair Isaac from $1,967.00 to $2,109.00 and gave the stock an “outperform” rating in a research note on Tuesday, October 8th. Wolfe Research started coverage on shares of Fair Isaac in a research report on Tuesday, July 9th. They issued an “outperform” rating and a $1,725.00 target price for the company. Finally, The Goldman Sachs Group increased their price target on shares of Fair Isaac from $1,879.00 to $2,130.00 and gave the stock a “buy” rating in a research report on Wednesday, October 2nd. Four research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat.com, Fair Isaac has a consensus rating of “Moderate Buy” and a consensus target price of $1,787.08.

Insider Buying and Selling

In other Fair Isaac news, CFO Steven P. Weber sold 1,800 shares of the stock in a transaction dated Friday, August 9th. The stock was sold at an average price of $1,735.00, for a total value of $3,123,000.00. Following the completion of the transaction, the chief financial officer now directly owns 575 shares in the company, valued at approximately $997,625. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In other Fair Isaac news, EVP Thomas A. Bowers sold 3,000 shares of the business’s stock in a transaction that occurred on Monday, August 12th. The shares were sold at an average price of $1,715.27, for a total transaction of $5,145,810.00. Following the sale, the executive vice president now directly owns 5,769 shares of the company’s stock, valued at $9,895,392.63. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Steven P. Weber sold 1,800 shares of the firm’s stock in a transaction on Friday, August 9th. The shares were sold at an average price of $1,735.00, for a total transaction of $3,123,000.00. Following the transaction, the chief financial officer now directly owns 575 shares of the company’s stock, valued at $997,625. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 12,261 shares of company stock worth $21,200,190 in the last 90 days. Insiders own 3.54% of the company’s stock.

Fair Isaac Stock Performance

NYSE FICO opened at $2,008.66 on Wednesday. The firm’s fifty day moving average price is $1,913.35 and its two-hundred day moving average price is $1,619.96. The stock has a market cap of $49.25 billion, a PE ratio of 105.61, a PEG ratio of 3.68 and a beta of 1.35. Fair Isaac Co. has a fifty-two week low of $900.01 and a fifty-two week high of $2,103.70.

Fair Isaac declared that its Board of Directors has initiated a stock buyback program on Tuesday, July 30th that authorizes the company to buyback $1.00 billion in shares. This buyback authorization authorizes the technology company to repurchase up to 2.6% of its shares through open market purchases. Shares buyback programs are often an indication that the company’s leadership believes its shares are undervalued.

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.