Fair Isaac Co. (NYSE:FICO) Shares Sold by Harbor Investment Advisory LLC

Harbor Investment Advisory LLC lowered its stake in Fair Isaac Co. (NYSE:FICO) by 4.7% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 688 shares of the technology company’s stock after selling 34 shares during the quarter. Harbor Investment Advisory LLC’s holdings in Fair Isaac were worth $1,370,000 as of its most recent filing with the SEC.

Several other hedge funds have also modified their holdings of FICO. Mechanics Bank Trust Department grew its position in Fair Isaac by 5.7% in the fourth quarter. Mechanics Bank Trust Department now owns 112 shares of the technology company’s stock valued at $223,000 after acquiring an additional 6 shares in the last quarter. Diversify Advisory Services LLC boosted its stake in shares of Fair Isaac by 13.6% in the fourth quarter. Diversify Advisory Services LLC now owns 444 shares of the technology company’s stock valued at $851,000 after purchasing an additional 53 shares during the period. Diversify Wealth Management LLC increased its stake in Fair Isaac by 1.1% during the 4th quarter. Diversify Wealth Management LLC now owns 1,063 shares of the technology company’s stock worth $2,038,000 after buying an additional 12 shares during the period. Jackson Square Capital LLC acquired a new position in Fair Isaac in the 4th quarter worth $388,000. Finally, Hanseatic Management Services Inc. purchased a new position in Fair Isaac in the 4th quarter valued at about $94,000. 85.75% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Fair Isaac

In other Fair Isaac news, EVP James M. Wehmann sold 3,500 shares of the business’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 directly owns 48,895 shares of the company’s stock, valued at $113,456,446.95. The trade was a 6.68 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Henry Tayloe Stansbury sold 249 shares of the firm’s stock in a transaction that occurred on Monday, November 11th. The shares were sold at an average price of $2,338.55, for a total transaction of $582,298.95. Following the completion of the sale, the director now owns 92 shares in the company, valued at $215,146.60. The trade was a 73.02 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 13,589 shares of company stock worth $31,258,963. 3.54% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of brokerages have recently issued reports on FICO. Robert W. Baird lifted their target price on Fair Isaac from $1,700.00 to $2,000.00 and gave the stock a “neutral” rating in a research report on Thursday, November 7th. Jefferies Financial Group upped their target price on Fair Isaac from $2,250.00 to $2,275.00 and gave the company a “buy” rating in a research report on Wednesday, January 15th. Royal Bank of Canada reissued a “sector perform” rating and set a $2,040.00 price target on shares of Fair Isaac in a research report on Thursday, November 7th. Wells Fargo & Company upped their price target on shares of 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, The Goldman Sachs Group raised their price objective on shares of Fair Isaac from $2,374.00 to $2,661.00 and gave the stock a “buy” rating in a report on Thursday, December 5th. Five 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 currently has a consensus rating of “Moderate Buy” and an average price target of $2,087.77.

Fair Isaac Stock Down 3.7 %

FICO opened at $1,897.10 on Tuesday. The company’s 50-day moving average price is $2,152.86 and its 200 day moving average price is $1,937.65. Fair Isaac Co. has a fifty-two week low of $1,105.65 and a fifty-two week high of $2,402.51. The firm has a market cap of $46.19 billion, a price-to-earnings ratio of 92.77, a price-to-earnings-growth ratio of 3.55 and a beta of 1.40.

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.