DGS Capital Management LLC Acquires 30 Shares of Fair Isaac Co. (NYSE:FICO)

DGS Capital Management LLC lifted its stake in Fair Isaac Co. (NYSE:FICO) by 4.5% during the 3rd quarter, Holdings Channel reports. The firm owned 690 shares of the technology company’s stock after acquiring an additional 30 shares during the period. DGS Capital Management LLC’s holdings in Fair Isaac were worth $1,341,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in FICO. Sequoia Financial Advisors LLC increased its stake in shares of Fair Isaac by 6.0% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 372 shares of the technology company’s stock valued at $554,000 after acquiring an additional 21 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its holdings in shares of Fair Isaac by 24.6% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 1,419 shares of the technology company’s stock valued at $2,112,000 after buying an additional 280 shares during the period. Great Valley Advisor Group Inc. bought a new stake in shares of Fair Isaac in the 2nd quarter valued at $529,000. Swedbank AB raised its stake in Fair Isaac by 0.4% during the 2nd quarter. Swedbank AB now owns 8,809 shares of the technology company’s stock worth $13,114,000 after buying an additional 37 shares during the period. Finally, Valley National Advisers Inc. acquired a new position in Fair Isaac in the second quarter valued at about $52,000. 85.75% of the stock is owned by institutional investors and hedge funds.

Fair Isaac Price Performance

FICO stock traded up $5.59 during midday trading on Friday, hitting $2,196.51. The company’s stock had a trading volume of 8,981 shares, compared to its average volume of 168,490. The company’s fifty day moving average price is $2,165.82 and its 200 day moving average price is $1,814.89. Fair Isaac Co. has a twelve month low of $1,105.65 and a twelve month high of $2,402.51. The stock has a market capitalization of $53.49 billion, a P/E ratio of 107.14, a PEG ratio of 4.05 and a beta of 1.36.

Analyst Ratings Changes

A number of equities research analysts have recently commented on FICO shares. The Goldman Sachs Group raised their price target on Fair Isaac from $2,374.00 to $2,661.00 and gave the stock a “buy” rating in a research report on Thursday, December 5th. Wells Fargo & Company raised their target price on shares of Fair Isaac from $2,200.00 to $2,400.00 and gave the stock an “overweight” rating in a report on Thursday, November 7th. Robert W. Baird lifted their price target on shares of Fair Isaac from $1,700.00 to $2,000.00 and gave the company a “neutral” rating in a research note on Thursday, November 7th. Needham & Company LLC increased their price objective on shares of Fair Isaac from $1,850.00 to $2,500.00 and gave the stock a “buy” rating in a research report on Thursday, November 7th. Finally, Oppenheimer boosted their price objective on shares of Fair Isaac from $2,324.00 to $2,515.00 and gave the company an “outperform” rating in a research report on Monday, December 2nd. Four equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $2,022.67.

Insider Activity

In other news, 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 transaction of $6,266,402.80. Following the transaction, 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 position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Henry Tayloe Stansbury sold 249 shares of the company’s stock in a transaction dated Monday, November 11th. The shares were sold at an average price of $2,338.55, for a total transaction of $582,298.95. Following the completion of the sale, the director now directly owns 92 shares in the company, valued at approximately $215,146.60. The trade was a 73.02 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 9,930 shares of company stock worth $23,281,002 in the last quarter. Corporate 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.