Conestoga Capital Advisors LLC Has $21.32 Million Holdings in Fair Isaac Co. (NYSE:FICO)

Conestoga Capital Advisors LLC cut its position in Fair Isaac Co. (NYSE:FICO) by 25.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 10,706 shares of the technology company’s stock after selling 3,575 shares during the quarter. Conestoga Capital Advisors LLC’s holdings in Fair Isaac were worth $21,315,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in FICO. Capital Performance Advisors LLP acquired a new stake in Fair Isaac during the 3rd quarter worth about $25,000. True Wealth Design LLC boosted its position in shares of Fair Isaac by 900.0% during the third quarter. True Wealth Design LLC now owns 20 shares of the technology company’s stock valued at $39,000 after buying an additional 18 shares during the last quarter. Berbice Capital Management LLC bought a new stake in Fair Isaac during the fourth quarter worth $40,000. Meeder Asset Management Inc. raised its holdings in shares of Fair Isaac by 37.5% in the third quarter. Meeder Asset Management Inc. now owns 22 shares of the technology company’s stock valued at $43,000 after purchasing an additional 6 shares during the last quarter. Finally, Versant Capital Management Inc lifted its position in shares of Fair Isaac by 500.0% during the 4th quarter. Versant Capital Management Inc now owns 24 shares of the technology company’s stock worth $48,000 after buying an additional 20 shares in the last quarter. 85.75% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research analysts have recently commented on the company. Needham & Company LLC upped their price target on Fair Isaac from $1,850.00 to $2,500.00 and gave the company a “buy” rating in a research report on Thursday, November 7th. Oppenheimer reduced their price objective on shares of Fair Isaac from $2,515.00 to $2,409.00 and set an “outperform” rating for the company in a research note on Tuesday, January 7th. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $2,040.00 price target on shares of Fair Isaac in a report on Thursday, November 7th. The Goldman Sachs Group boosted their price objective 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 lifted their target price on Fair Isaac from $1,700.00 to $2,000.00 and gave the company a “neutral” rating in a report on Thursday, November 7th. Five research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $2,087.77.

Fair Isaac Stock Down 2.5 %

Fair Isaac stock opened at $1,820.11 on Monday. The firm’s fifty day moving average is $2,070.67 and its 200 day moving average is $1,955.82. The company has a market cap of $44.48 billion, a price-to-earnings ratio of 90.53, a PEG ratio of 3.45 and a beta of 1.39. Fair Isaac Co. has a 52-week low of $1,105.65 and a 52-week high of $2,402.51.

Insider Buying and Selling at Fair Isaac

In related news, EVP Thomas A. Bowers sold 2,680 shares of Fair Isaac stock in a transaction dated Monday, November 11th. The stock was sold at an average price of $2,338.21, for a total value of $6,266,402.80. Following the completion of the sale, the executive vice president now directly owns 5,769 shares in the company, valued at $13,489,133.49. The trade was a 31.72 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, 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 sale, the executive vice president now owns 48,895 shares of the company’s stock, valued at approximately $113,456,446.95. This represents a 6.68 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 13,589 shares of company stock worth $31,258,963 over the last quarter. Insiders own 3.46% of the company’s stock.

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.