Insigneo Advisory Services LLC Sells 128 Shares of Fair Isaac Co. (NYSE:FICO)

Insigneo Advisory Services LLC reduced its holdings in shares of Fair Isaac Co. (NYSE:FICO) by 31.4% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 279 shares of the technology company’s stock after selling 128 shares during the period. Insigneo Advisory Services LLC’s holdings in Fair Isaac were worth $542,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in FICO. Swedbank AB grew its position 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. BNP Paribas bought a new position in shares of Fair Isaac in the third quarter worth approximately $445,000. Harvest Fund Management Co. Ltd increased its stake in shares of Fair Isaac by 86.3% in the third quarter. Harvest Fund Management Co. Ltd now owns 760 shares of the technology company’s stock worth $1,477,000 after buying an additional 352 shares during the period. FMR LLC raised its holdings in Fair Isaac by 46.1% during the 3rd quarter. FMR LLC now owns 207,026 shares of the technology company’s stock valued at $402,358,000 after buying an additional 65,297 shares during the last quarter. Finally, Great Valley Advisor Group Inc. purchased a new stake in Fair Isaac during the 2nd quarter valued at $529,000. 85.75% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Fair Isaac news, Director Henry Tayloe Stansbury sold 249 shares of the business’s stock in a transaction on Monday, November 11th. The stock was sold at an average price of $2,338.55, for a total value of $582,298.95. Following the sale, the director now directly owns 92 shares of the company’s stock, valued at approximately $215,146.60. The trade was a 73.02 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP James M. Wehmann sold 3,500 shares of the firm’s stock in a transaction on Thursday, November 21st. The shares were sold at an average price of $2,320.41, for a total value of $8,121,435.00. Following 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 disclosure for this sale can be found here. Over the last quarter, insiders have sold 6,429 shares of company stock worth $14,970,137. 3.54% of the stock is currently owned by company insiders.

Fair Isaac Price Performance

NYSE:FICO opened at $2,371.83 on Friday. The firm’s 50-day moving average price is $2,144.84 and its 200-day moving average price is $1,794.89. The company has a market capitalization of $57.75 billion, a PE ratio of 115.98, a P/E/G ratio of 4.38 and a beta of 1.36. Fair Isaac Co. has a 1-year low of $1,099.74 and a 1-year high of $2,402.51.

Analysts Set New Price Targets

A number of equities analysts have issued reports on the stock. Robert W. Baird boosted their price objective on shares of Fair Isaac from $1,700.00 to $2,000.00 and gave the company a “neutral” rating in a research report on Thursday, November 7th. The Goldman Sachs Group upped their price target on Fair Isaac from $2,374.00 to $2,661.00 and gave the company a “buy” rating in a research report on Thursday. UBS Group began coverage on Fair Isaac in a report on Tuesday, October 1st. They issued a “neutral” rating and a $2,100.00 price objective for the company. Needham & Company LLC boosted their target price on Fair Isaac from $1,850.00 to $2,500.00 and gave the company a “buy” rating in a research note on Thursday, November 7th. Finally, Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $2,040.00 price target on shares of Fair Isaac in a research note on Thursday, November 7th. Four equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $2,022.67.

Fair Isaac 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.