Riverbridge Partners LLC Trims Holdings in Fair Isaac Co. (NYSE:FICO)

Riverbridge Partners LLC trimmed its position in shares of Fair Isaac Co. (NYSE:FICO) by 3.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 18,676 shares of the technology company’s stock after selling 696 shares during the period. Riverbridge Partners LLC owned 0.08% of Fair Isaac worth $37,183,000 at the end of the most recent reporting period.

A number of other institutional investors have also bought and sold shares of FICO. International Assets Investment Management LLC grew its stake in Fair Isaac by 189,461.6% during 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 acquiring an additional 538,071 shares in the last quarter. AustralianSuper Pty Ltd increased its position in Fair Isaac by 1,270.9% during the third quarter. AustralianSuper Pty Ltd now owns 73,276 shares of the technology company’s stock valued at $142,413,000 after acquiring an additional 67,931 shares during the last quarter. FMR LLC boosted its stake in shares of Fair Isaac by 46.1% during the 3rd quarter. FMR LLC now owns 207,026 shares of the technology company’s stock worth $402,358,000 after purchasing an additional 65,297 shares during the period. Jennison Associates LLC lifted its stake in Fair Isaac by 35.1% in the third quarter. Jennison Associates LLC now owns 241,149 shares of the technology company’s stock worth $468,677,000 after purchasing an additional 62,653 shares during the last quarter. Finally, Mizuho Securities USA LLC grew its stake in shares of Fair Isaac by 1,845.2% during the third quarter. Mizuho Securities USA LLC now owns 37,133 shares of the technology company’s stock valued at $72,169,000 after buying an additional 35,224 shares during the last quarter. Hedge funds and other institutional investors own 85.75% of the company’s stock.

Analysts Set New Price Targets

FICO has been the subject of a number of recent analyst reports. Oppenheimer dropped their price objective on Fair Isaac from $2,515.00 to $2,409.00 and set an “outperform” rating for the company in a report on Tuesday, January 7th. Wells Fargo & Company upped their price target on shares of Fair Isaac from $2,200.00 to $2,400.00 and gave the stock an “overweight” rating in a report on Thursday, November 7th. UBS Group began coverage on Fair Isaac in a report on Tuesday, October 1st. They set a “neutral” rating and a $2,100.00 price objective on the stock. The Goldman Sachs Group raised their price target on Fair Isaac from $2,374.00 to $2,661.00 and gave the company a “buy” rating in a research note on Thursday, December 5th. Finally, Robert W. Baird upped their price target on shares of 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. Five investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $2,087.77.

Fair Isaac Stock Down 1.0 %

FICO stock opened at $1,875.89 on Thursday. The stock has a market capitalization of $45.68 billion, a PE ratio of 91.73, a price-to-earnings-growth ratio of 3.49 and a beta of 1.40. Fair Isaac Co. has a 52 week low of $1,105.65 and a 52 week high of $2,402.51. The firm has a 50 day moving average of $2,134.33 and a 200 day moving average of $1,939.61.

Insider Transactions at Fair Isaac

In other 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 position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Henry Tayloe Stansbury sold 249 shares of the company’s stock in a transaction that occurred 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 completion of the sale, the director now owns 92 shares in the company, valued at approximately $215,146.60. This represents a 73.02 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 13,589 shares of company stock worth $31,258,963. Company insiders own 3.54% of the company’s stock.

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.