New England Research & Management Inc. Takes $498,000 Position in Fair Isaac Co. (NYSE:FICO)

New England Research & Management Inc. bought a new position in Fair Isaac Co. (NYSE:FICO) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 250 shares of the technology company’s stock, valued at approximately $498,000.

Several other large investors have also made changes to their positions in FICO. First National Bank of Omaha bought a new stake in Fair Isaac during the 3rd quarter worth about $1,576,000. National Bank of Canada FI grew 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 acquiring an additional 6,768 shares during the last quarter. Donoghue Forlines LLC bought a new stake in Fair Isaac during the 4th quarter worth about $1,935,000. Swedbank AB grew its holdings in Fair Isaac by 11.5% during 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 during the last quarter. Finally, BNP Paribas bought a new stake in Fair Isaac during the 3rd quarter worth about $445,000. Institutional investors own 85.75% of the company’s stock.

Insider Transactions 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 stock was sold at an average price of $2,320.41, for a total value of $8,121,435.00. Following the completion of the transaction, 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 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 value of $273,054.38. Following the completion of the transaction, the chief financial officer now directly owns 2,478 shares of the company’s stock, valued at approximately $4,867,832.76. This trade represents a 5.31 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 13,589 shares of company stock valued at $31,258,963. 3.54% of the stock is currently owned by corporate insiders.

Fair Isaac Price Performance

FICO stock opened at $1,862.49 on Thursday. Fair Isaac Co. has a one year low of $1,105.65 and a one year high of $2,402.51. The stock has a market cap of $45.35 billion, a price-to-earnings ratio of 91.08, a price-to-earnings-growth ratio of 3.46 and a beta of 1.40. The company has a fifty day moving average price of $2,089.74 and a two-hundred day moving average price of $1,949.60.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on FICO. Needham & Company LLC increased their price target on shares of 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. Oppenheimer cut their price target on shares of 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. The Goldman Sachs Group increased 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 report on Thursday, December 5th. Barclays increased their price target on shares of Fair Isaac from $2,150.00 to $2,350.00 and gave the company an “overweight” rating in a research report on Thursday, November 7th. Finally, Jefferies Financial Group raised their target price on shares of Fair Isaac from $2,250.00 to $2,275.00 and gave the stock a “buy” rating in a report on Wednesday, January 15th. Five investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat, Fair Isaac currently has a consensus rating of “Moderate Buy” and a consensus price target of $2,087.77.

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.