972 Shares in Fair Isaac Co. (NYSE:FICO) Acquired by Donoghue Forlines LLC

Donoghue Forlines LLC bought a new position in Fair Isaac Co. (NYSE:FICO) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 972 shares of the technology company’s stock, valued at approximately $1,935,000.

Several other large investors have also recently made changes to their positions in the business. Barlow Wealth Partners Inc. increased its holdings in shares of Fair Isaac by 2.6% in the fourth quarter. Barlow Wealth Partners Inc. now owns 4,744 shares of the technology company’s stock worth $9,633,000 after buying an additional 121 shares during the period. Simon Quick Advisors LLC increased its stake in Fair Isaac by 10.2% in the 4th quarter. Simon Quick Advisors LLC now owns 119 shares of the technology company’s stock worth $237,000 after purchasing an additional 11 shares during the period. Atomi Financial Group Inc. boosted its stake in shares of Fair Isaac by 5.3% during the fourth quarter. Atomi Financial Group Inc. now owns 258 shares of the technology company’s stock valued at $514,000 after purchasing an additional 13 shares during the period. Alpha Cubed Investments LLC grew its holdings in shares of Fair Isaac by 1.3% in the fourth quarter. Alpha Cubed Investments LLC now owns 473 shares of the technology company’s stock worth $942,000 after purchasing an additional 6 shares during the last quarter. Finally, Perpetual Ltd purchased a new position in shares of Fair Isaac in the fourth quarter worth $870,000. 85.75% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of brokerages have issued reports on FICO. Jefferies Financial Group raised their price target on shares of Fair Isaac from $2,250.00 to $2,275.00 and gave the stock a “buy” rating in a report on Wednesday, January 15th. Royal Bank of Canada reissued a “sector perform” rating and issued a $2,040.00 target price on shares of Fair Isaac in a research note on Thursday, November 7th. Oppenheimer lowered their price target on Fair Isaac from $2,515.00 to $2,409.00 and set an “outperform” rating for the company in a research report on Tuesday, January 7th. JPMorgan Chase & Co. initiated coverage on Fair Isaac in a report on Friday, December 20th. They issued a “neutral” rating and a $2,150.00 price objective for the company. Finally, Robert W. Baird upped 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 equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. According to MarketBeat, Fair Isaac currently has a consensus rating of “Moderate Buy” and an average target price of $2,087.77.

Fair Isaac Price Performance

NYSE:FICO opened at $1,853.16 on Thursday. The firm’s 50-day moving average price is $2,134.33 and its 200-day moving average price is $1,939.61. The company has a market capitalization of $45.12 billion, a PE ratio of 90.97, a P/E/G ratio of 3.49 and a beta of 1.40. Fair Isaac Co. has a 1-year low of $1,105.65 and a 1-year high of $2,402.51.

Insiders Place Their Bets

In other Fair Isaac news, CFO Steven P. Weber sold 139 shares of the business’s stock in a transaction on Thursday, January 9th. The stock was sold at an average price of $1,964.42, for a total value of $273,054.38. Following the sale, the chief financial officer now directly owns 2,478 shares of the company’s stock, valued at approximately $4,867,832.76. The trade was a 5.31 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Thomas A. Bowers sold 2,680 shares of the firm’s stock in a transaction on Monday, November 11th. The shares were sold at an average price of $2,338.21, for a total value of $6,266,402.80. Following the transaction, the executive vice president now owns 5,769 shares of the company’s stock, valued at $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. Over the last quarter, insiders have sold 13,589 shares of company stock worth $31,258,963. 3.54% of the stock is currently owned by company insiders.

Fair Isaac Company 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.