Fair Isaac Co. (NYSE:FICO) Shares Purchased by Zurcher Kantonalbank Zurich Cantonalbank

Zurcher Kantonalbank Zurich Cantonalbank boosted its position in Fair Isaac Co. (NYSE:FICO) by 0.7% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 13,214 shares of the technology company’s stock after buying an additional 90 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank owned approximately 0.05% of Fair Isaac worth $25,682,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the company. Swedbank AB lifted its holdings 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 valued at $19,089,000 after buying an additional 1,013 shares during the period. Harvest Fund Management Co. Ltd lifted its holdings in Fair Isaac by 86.3% in the third quarter. Harvest Fund Management Co. Ltd now owns 760 shares of the technology company’s stock valued at $1,477,000 after acquiring an additional 352 shares during the period. Great Valley Advisor Group Inc. purchased a new stake in shares of Fair Isaac during the 2nd quarter worth $529,000. BNP Paribas acquired a new position in shares of Fair Isaac during the 3rd quarter worth $445,000. Finally, Czech National Bank increased its holdings in shares of Fair Isaac by 7.7% in the 2nd quarter. Czech National Bank now owns 4,709 shares of the technology company’s stock valued at $7,010,000 after purchasing an additional 337 shares in the last quarter. 85.75% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Fair Isaac

In other news, EVP James M. Wehmann sold 3,500 shares of the company’s stock in a transaction dated Thursday, November 21st. The shares were sold at an average price of $2,320.41, for a total transaction 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. This represents a 6.68 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Henry Tayloe Stansbury sold 249 shares of the stock in a transaction dated 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 transaction, the director now owns 92 shares in the company, valued at approximately $215,146.60. The trade was a 73.02 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 10,390 shares of company stock valued at $21,901,887. Company insiders own 3.54% of the company’s stock.

Fair Isaac Trading Up 1.2 %

NYSE:FICO opened at $2,382.63 on Friday. The firm has a market cap of $58.02 billion, a price-to-earnings ratio of 116.51, a price-to-earnings-growth ratio of 4.33 and a beta of 1.35. Fair Isaac Co. has a 12-month low of $1,070.37 and a 12-month high of $2,402.51. The company’s 50-day moving average is $2,092.41 and its two-hundred day moving average is $1,751.28.

Analyst Upgrades and Downgrades

FICO has been the topic of several recent analyst reports. The Goldman Sachs Group upped their target price on shares of Fair Isaac from $2,130.00 to $2,374.00 and gave the stock a “buy” rating in a research report on Thursday, November 7th. UBS Group assumed coverage on Fair Isaac in a report on Tuesday, October 1st. They issued a “neutral” rating and a $2,100.00 price target on the stock. Robert W. Baird lifted their price objective on Fair Isaac from $1,700.00 to $2,000.00 and gave the stock a “neutral” rating in a report on Thursday, November 7th. Wells Fargo & Company upped their target price on Fair Isaac from $2,200.00 to $2,400.00 and gave the company an “overweight” rating in a report on Thursday, November 7th. Finally, Barclays lifted their price target on Fair Isaac from $2,150.00 to $2,350.00 and gave the stock an “overweight” rating in a research note on Thursday, November 7th. Four analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $1,964.92.

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.