Fair Isaac Co. (NYSE:FICO) is Lindsell Train Ltd’s 2nd Largest Position

Lindsell Train Ltd decreased its position in shares of Fair Isaac Co. (NYSE:FICO) by 13.2% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 255,520 shares of the technology company’s stock after selling 38,923 shares during the period. Fair Isaac makes up approximately 12.7% of Lindsell Train Ltd’s holdings, making the stock its 2nd largest holding. Lindsell Train Ltd’s holdings in Fair Isaac were worth $508,722,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in FICO. Heritage Family Offices LLP raised its holdings in shares of Fair Isaac by 2.0% during the 3rd quarter. Heritage Family Offices LLP now owns 256 shares of the technology company’s stock valued at $498,000 after buying an additional 5 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. raised its stake in shares of Fair Isaac by 5.7% during the third quarter. Thurston Springer Miller Herd & Titak Inc. now owns 111 shares of the technology company’s stock worth $216,000 after acquiring an additional 6 shares in the last quarter. Moss Adams Wealth Advisors LLC lifted its holdings in shares of Fair Isaac by 4.0% in the 3rd quarter. Moss Adams Wealth Advisors LLC now owns 155 shares of the technology company’s stock worth $301,000 after acquiring an additional 6 shares during the last quarter. Covestor Ltd boosted its stake in shares of Fair Isaac by 30.0% in the 3rd quarter. Covestor Ltd now owns 26 shares of the technology company’s stock valued at $52,000 after purchasing an additional 6 shares in the last quarter. Finally, Meeder Asset Management Inc. grew its holdings in shares of Fair Isaac by 37.5% during the 3rd 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. Institutional investors own 85.75% of the company’s stock.

Analyst Upgrades and Downgrades

FICO has been the subject of several recent research reports. UBS Group initiated coverage on shares of Fair Isaac in a research note on Tuesday, October 1st. They issued a “neutral” rating and a $2,100.00 price target for the company. Oppenheimer dropped their target price 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 raised their price target on Fair Isaac from $2,200.00 to $2,400.00 and gave the stock an “overweight” rating in a research report on Thursday, November 7th. Barclays boosted their price objective on Fair Isaac from $2,150.00 to $2,350.00 and gave the company an “overweight” rating in a research report on Thursday, November 7th. Finally, JPMorgan Chase & Co. started coverage on shares of Fair Isaac in a research note on Friday, December 20th. They issued a “neutral” rating and a $2,150.00 target price on the stock. Five research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $2,087.77.

Fair Isaac Price Performance

Shares of NYSE FICO opened at $1,850.76 on Friday. Fair Isaac Co. has a 1 year low of $1,105.65 and a 1 year high of $2,402.51. The stock has a market capitalization of $45.07 billion, a P/E ratio of 90.50, a P/E/G ratio of 3.46 and a beta of 1.40. The company’s 50-day moving average is $2,124.83 and its 200 day moving average is $1,938.99.

Insiders Place Their Bets

In other news, EVP Thomas A. Bowers sold 2,680 shares of the business’s stock in a transaction on Monday, November 11th. The shares were sold at an average price of $2,338.21, for a total transaction of $6,266,402.80. Following the sale, the executive vice president now owns 5,769 shares in the company, valued at approximately $13,489,133.49. The trade was a 31.72 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP James M. Wehmann sold 3,500 shares of the stock in a transaction dated Thursday, December 5th. The stock was sold at an average price of $2,373.85, for a total transaction of $8,308,475.00. Following the completion of the transaction, the executive vice president now owns 45,395 shares of the company’s stock, valued at approximately $107,760,920.75. The trade was a 7.16 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 13,589 shares of company stock worth $31,258,963. Company insiders own 3.54% of the company’s stock.

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.