R Squared Ltd Purchases Shares of 150 Fair Isaac Co. (NYSE:FICO)

R Squared Ltd acquired a new stake in shares of Fair Isaac Co. (NYSE:FICO) during the 4th quarter, HoldingsChannel.com reports. The firm acquired 150 shares of the technology company’s stock, valued at approximately $299,000.

Several other hedge funds have also recently modified their holdings of FICO. International Assets Investment Management LLC raised its position in Fair Isaac by 189,461.6% in the 3rd quarter. International Assets Investment Management LLC now owns 538,355 shares of the technology company’s stock worth $1,046,304,000 after purchasing an additional 538,071 shares during the period. AustralianSuper Pty Ltd grew its stake in shares of 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 buying an additional 67,931 shares during the last quarter. FMR LLC raised its holdings in shares of Fair Isaac by 46.1% in the third quarter. FMR LLC now owns 207,026 shares of the technology company’s stock worth $402,358,000 after buying an additional 65,297 shares during the period. Jennison Associates LLC lifted its stake in shares of Fair Isaac by 35.1% during the 3rd quarter. Jennison Associates LLC now owns 241,149 shares of the technology company’s stock worth $468,677,000 after acquiring an additional 62,653 shares during the last quarter. Finally, Mizuho Securities USA LLC grew its position in Fair Isaac by 1,845.2% in the 3rd quarter. Mizuho Securities USA LLC now owns 37,133 shares of the technology company’s stock valued at $72,169,000 after acquiring an additional 35,224 shares during the last quarter. Hedge funds and other institutional investors own 85.75% of the company’s stock.

Fair Isaac Price Performance

NYSE FICO opened at $1,853.64 on Wednesday. The stock’s fifty day moving average price is $2,098.69 and its 200 day moving average price is $1,950.22. Fair Isaac Co. has a 1 year low of $1,105.65 and a 1 year high of $2,402.51. The company has a market cap of $45.14 billion, a price-to-earnings ratio of 90.64, a PEG ratio of 3.46 and a beta of 1.40.

Insider Buying and Selling

In related news, Director Henry Tayloe Stansbury sold 249 shares of the firm’s stock in a transaction dated Monday, November 11th. The shares were sold at an average price of $2,338.55, for a total value of $582,298.95. Following the transaction, the director now directly owns 92 shares of the company’s stock, valued at approximately $215,146.60. This trade represents a 73.02 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CFO Steven P. Weber sold 139 shares of the stock in a transaction that occurred on Thursday, January 9th. The shares were sold at an average price of $1,964.42, for a total value of $273,054.38. Following the transaction, the chief financial officer now directly owns 2,478 shares of the company’s stock, valued at $4,867,832.76. The trade was a 5.31 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 13,589 shares of company stock valued at $31,258,963 over the last 90 days. Insiders own 3.54% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the stock. 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. Robert W. Baird upped their target price on shares of Fair Isaac from $1,700.00 to $2,000.00 and gave the stock a “neutral” rating in a research note on Thursday, November 7th. Needham & Company LLC lifted their price target on shares of 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. UBS Group dropped their price objective on Fair Isaac from $2,250.00 to $2,100.00 and set a “neutral” rating on the stock in a research note on Monday. Finally, The Goldman Sachs Group upped their target price on 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 investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $2,087.77.

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.