Diversify Advisory Services LLC Purchases 53 Shares of Fair Isaac Co. (NYSE:FICO)

Diversify Advisory Services LLC grew its position in shares of Fair Isaac Co. (NYSE:FICO) by 13.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 444 shares of the technology company’s stock after purchasing an additional 53 shares during the period. Diversify Advisory Services LLC’s holdings in Fair Isaac were worth $851,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Heritage Family Offices LLP grew its position in Fair Isaac by 2.0% during the third quarter. Heritage Family Offices LLP now owns 256 shares of the technology company’s stock valued at $498,000 after acquiring an additional 5 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. grew its holdings in shares of Fair Isaac by 5.7% during the 3rd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 111 shares of the technology company’s stock valued at $216,000 after purchasing an additional 6 shares during the last quarter. Moss Adams Wealth Advisors LLC grew its holdings in shares of Fair Isaac by 4.0% during the 3rd quarter. Moss Adams Wealth Advisors LLC now owns 155 shares of the technology company’s stock valued at $301,000 after purchasing an additional 6 shares during the last quarter. Covestor Ltd lifted its stake in Fair Isaac by 30.0% in the third quarter. Covestor Ltd now owns 26 shares of the technology company’s stock worth $52,000 after purchasing an additional 6 shares during the last quarter. Finally, Meeder Asset Management Inc. lifted its stake in Fair Isaac by 37.5% in the third quarter. Meeder Asset Management Inc. now owns 22 shares of the technology company’s stock worth $43,000 after purchasing an additional 6 shares during the last quarter. 85.75% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other Fair Isaac news, CFO Steven P. Weber sold 139 shares of the firm’s 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 transaction of $273,054.38. Following the sale, the chief financial officer now owns 2,478 shares in the company, valued at approximately $4,867,832.76. This trade represents a 5.31 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Thomas A. Bowers sold 2,680 shares of the company’s stock in a transaction that occurred on Monday, November 11th. The stock was sold at an average price of $2,338.21, for a total transaction of $6,266,402.80. Following the completion of the transaction, the executive vice president now owns 5,769 shares of the company’s stock, valued at approximately $13,489,133.49. The trade was a 31.72 % decrease in their ownership of the stock. 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 in the last 90 days. Company insiders own 3.54% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently commented on FICO. UBS Group assumed coverage on Fair Isaac in a report on Tuesday, October 1st. They issued a “neutral” rating and a $2,100.00 price objective on the stock. Royal Bank of Canada reiterated a “sector perform” rating and issued a $2,040.00 price objective on shares of Fair Isaac in a research report on Thursday, November 7th. Barclays raised their target price on shares of Fair Isaac from $2,150.00 to $2,350.00 and gave the stock an “overweight” rating in a report on Thursday, November 7th. Jefferies Financial Group upped their price target on shares of Fair Isaac from $2,250.00 to $2,275.00 and gave the company a “buy” rating in a report on Wednesday, January 15th. Finally, Oppenheimer cut their price target on shares of Fair Isaac from $2,515.00 to $2,409.00 and set an “outperform” rating on the stock in a report on Tuesday, January 7th. Five investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $2,087.77.

Fair Isaac Stock Down 0.4 %

NYSE FICO opened at $1,893.85 on Wednesday. The firm has a market capitalization of $46.11 billion, a P/E ratio of 92.61, a PEG ratio of 3.50 and a beta of 1.40. The company has a 50-day moving average price of $2,143.78 and a 200-day moving average price of $1,940.06. Fair Isaac Co. has a 52 week low of $1,105.65 and a 52 week high of $2,402.51.

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.