American Trust Takes Position in Fair Isaac Co. (NYSE:FICO)

American Trust acquired a new stake in shares of Fair Isaac Co. (NYSE:FICO) during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 104 shares of the technology company’s stock, valued at approximately $202,000.

Other institutional investors also recently bought and sold shares of the company. Capital Performance Advisors LLP purchased a new position in Fair Isaac in the third quarter valued at about $25,000. Tortoise Investment Management LLC boosted its holdings in shares of Fair Isaac by 81.8% in the 2nd quarter. Tortoise Investment Management LLC now owns 20 shares of the technology company’s stock valued at $30,000 after buying an additional 9 shares in the last quarter. Family Firm Inc. purchased a new position in shares of Fair Isaac in the 2nd quarter worth approximately $34,000. True Wealth Design LLC grew its position in shares of Fair Isaac by 900.0% in the 3rd quarter. True Wealth Design LLC now owns 20 shares of the technology company’s stock worth $39,000 after buying an additional 18 shares during the last quarter. Finally, Meeder Asset Management Inc. raised its stake 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 worth $43,000 after acquiring an additional 6 shares in the last quarter. 85.75% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on FICO shares. Barclays increased their price objective on Fair Isaac from $2,150.00 to $2,350.00 and gave the company an “overweight” rating in a report on Thursday, November 7th. The Goldman Sachs Group increased their price target on Fair Isaac from $2,374.00 to $2,661.00 and gave the company a “buy” rating in a research note on Thursday, December 5th. Robert W. Baird raised 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. Wells Fargo & Company upped their price objective on shares of Fair Isaac from $2,200.00 to $2,400.00 and gave the company an “overweight” rating in a report on Thursday, November 7th. Finally, UBS Group began coverage on shares of Fair Isaac in a research note on Tuesday, October 1st. They issued a “neutral” rating and a $2,100.00 target price for the company. Four investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $2,022.67.

Insider Activity at Fair Isaac

In other news, EVP Thomas A. Bowers sold 2,680 shares of Fair Isaac stock in a transaction that occurred 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 completion of the transaction, the executive vice president now directly owns 5,769 shares of the company’s stock, 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 through the SEC website. Also, EVP James M. Wehmann sold 3,500 shares of the business’s stock in a transaction on Thursday, December 5th. The shares were 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. This represents a 7.16 % 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 over the last three months. Company insiders own 3.54% of the company’s stock.

Fair Isaac Trading Down 1.0 %

Shares of NYSE FICO opened at $2,168.89 on Friday. The stock has a market cap of $52.81 billion, a price-to-earnings ratio of 106.06, a PEG ratio of 4.05 and a beta of 1.36. Fair Isaac Co. has a 12 month low of $1,105.65 and a 12 month high of $2,402.51. The company has a 50 day simple moving average of $2,170.83 and a two-hundred day simple moving average of $1,823.34.

About Fair Isaac

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.