Fair Isaac Co. (NYSE:FICO) Shares Sold by BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp

BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp cut its holdings in shares of Fair Isaac Co. (NYSE:FICO) by 13.4% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,124 shares of the technology company’s stock after selling 636 shares during the period. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp’s holdings in Fair Isaac were worth $8,015,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in FICO. International Assets Investment Management LLC boosted its holdings in Fair Isaac by 189,461.6% in the third quarter. International Assets Investment Management LLC now owns 538,355 shares of the technology company’s stock valued at $1,046,304,000 after purchasing an additional 538,071 shares during the period. AustralianSuper Pty Ltd boosted its stake in shares of Fair Isaac by 1,270.9% in the 3rd 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 period. FMR LLC grew its position in shares of Fair Isaac by 46.1% during 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 in the last quarter. Westwind Capital grew its position in shares of Fair Isaac by 891.8% during the second quarter. Westwind Capital now owns 69,742 shares of the technology company’s stock worth $10,382,000 after buying an additional 62,710 shares in the last quarter. Finally, Jennison Associates LLC increased its stake in shares of Fair Isaac by 35.1% during the third quarter. Jennison Associates LLC now owns 241,149 shares of the technology company’s stock worth $468,677,000 after buying an additional 62,653 shares during the period. Institutional investors and hedge funds own 85.75% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on FICO shares. Needham & Company LLC lifted their price target on shares of Fair Isaac from $1,850.00 to $2,500.00 and gave the stock a “buy” rating in a research note on Thursday, November 7th. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $2,040.00 price objective on shares of Fair Isaac in a research report on Thursday, November 7th. Wells Fargo & Company raised their price target on Fair Isaac from $2,200.00 to $2,400.00 and gave the company an “overweight” rating in a research note on Thursday, November 7th. Robert W. Baird lifted their price target on Fair Isaac from $1,700.00 to $2,000.00 and gave the stock a “neutral” rating in a report on Thursday, November 7th. Finally, UBS Group initiated coverage on Fair Isaac in a research report on Tuesday, October 1st. They set a “neutral” rating and a $2,100.00 target price on the stock. Four investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat, Fair Isaac has a consensus rating of “Moderate Buy” and a consensus price target of $1,964.92.

Fair Isaac Stock Up 0.9 %

Shares of NYSE FICO opened at $2,375.03 on Monday. The stock has a market cap of $57.83 billion, a PE ratio of 116.14, a price-to-earnings-growth ratio of 4.37 and a beta of 1.35. Fair Isaac Co. has a 52-week low of $1,070.37 and a 52-week high of $2,402.51. The business has a 50-day moving average price of $2,101.37 and a 200 day moving average price of $1,761.41.

Insider Transactions at Fair Isaac

In other news, Director Joanna Rees sold 3,961 shares of the stock in a transaction dated Thursday, September 5th. The shares were sold at an average price of $1,750.00, for a total transaction of $6,931,750.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Thomas A. Bowers sold 2,680 shares of the business’s stock in a transaction dated 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 completion of the transaction, the executive vice president now owns 5,769 shares in the company, valued at $13,489,133.49. This trade represents a 31.72 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 10,390 shares of company stock worth $21,901,887. Insiders own 3.54% of the company’s stock.

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.