World Investment Advisors LLC Makes New Investment in Fair Isaac Co. (NYSE:FICO)

World Investment Advisors LLC acquired a new stake in Fair Isaac Co. (NYSE:FICO) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 149 shares of the technology company’s stock, valued at approximately $290,000.

A number of other institutional investors have also modified their holdings of FICO. International Assets Investment Management LLC increased its stake in Fair Isaac by 189,461.6% in the third quarter. International Assets Investment Management LLC now owns 538,355 shares of the technology company’s stock valued at $1,046,304,000 after purchasing an additional 538,071 shares during the period. AustralianSuper Pty Ltd lifted its position in Fair Isaac by 1,270.9% during the 3rd quarter. AustralianSuper Pty Ltd now owns 73,276 shares of the technology company’s stock worth $142,413,000 after acquiring an additional 67,931 shares during the period. FMR LLC grew its stake in shares of Fair Isaac by 46.1% in the 3rd quarter. FMR LLC now owns 207,026 shares of the technology company’s stock valued at $402,358,000 after purchasing an additional 65,297 shares during the last quarter. Jennison Associates LLC increased its holdings in shares of Fair Isaac by 35.1% in the third quarter. Jennison Associates LLC now owns 241,149 shares of the technology company’s stock valued at $468,677,000 after purchasing an additional 62,653 shares during the period. Finally, Sei Investments Co. lifted its holdings in shares of Fair Isaac by 231.8% during the second quarter. Sei Investments Co. now owns 69,127 shares of the technology company’s stock worth $102,908,000 after purchasing an additional 48,294 shares during the period. 85.75% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Fair Isaac

In other Fair Isaac news, Director Henry Tayloe Stansbury sold 249 shares of the firm’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 transaction, the director now owns 92 shares of the company’s stock, valued at approximately $215,146.60. This trade represents a 73.02 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP James M. Wehmann sold 3,500 shares of the company’s stock in a transaction on Thursday, December 5th. The shares were sold at an average price of $2,373.85, for a total value of $8,308,475.00. Following the completion of the sale, the executive vice president now owns 45,395 shares in the company, valued at $107,760,920.75. This represents a 7.16 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 12,930 shares of company stock worth $29,866,572. 3.54% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on FICO shares. Wells Fargo & Company boosted their price objective on shares of Fair Isaac from $2,200.00 to $2,400.00 and gave the company an “overweight” rating in a research note on Thursday, November 7th. UBS Group began coverage on shares of Fair Isaac in a report on Tuesday, October 1st. They set a “neutral” rating and a $2,100.00 price target for the company. Oppenheimer lifted their price objective on Fair Isaac from $2,324.00 to $2,515.00 and gave the company an “outperform” rating in a report on Monday, December 2nd. Royal Bank of Canada reissued a “sector perform” rating and set a $2,040.00 target price on shares of Fair Isaac in a research note on Thursday, November 7th. Finally, Barclays lifted their price target on Fair Isaac from $2,150.00 to $2,350.00 and gave the company an “overweight” rating in a research note on Thursday, November 7th. Four research 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 an average rating of “Moderate Buy” and a consensus price target of $2,022.67.

Fair Isaac Stock Down 4.1 %

NYSE:FICO opened at $2,051.10 on Thursday. Fair Isaac Co. has a 52-week low of $1,105.65 and a 52-week high of $2,402.51. The stock has a fifty day simple moving average of $2,178.75 and a 200-day simple moving average of $1,840.20. The company has a market capitalization of $49.94 billion, a PE ratio of 100.30, a price-to-earnings-growth ratio of 4.05 and a beta of 1.36.

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.