Fair Isaac Co. (NYSE:FICO) Shares Purchased by Hennion & Walsh Asset Management Inc.

Hennion & Walsh Asset Management Inc. grew its stake in Fair Isaac Co. (NYSE:FICO) by 12.1% during the 4th quarter, Holdings Channel reports. The firm owned 898 shares of the technology company’s stock after purchasing an additional 97 shares during the quarter. Hennion & Walsh Asset Management Inc.’s holdings in Fair Isaac were worth $1,788,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of FICO. Capital Performance Advisors LLP acquired a new position in shares of Fair Isaac during the third quarter valued at approximately $25,000. True Wealth Design LLC increased its position in shares of Fair Isaac by 900.0% during the third quarter. True Wealth Design LLC now owns 20 shares of the technology company’s stock worth $39,000 after purchasing an additional 18 shares in the last quarter. Meeder Asset Management Inc. raised its stake in Fair Isaac by 37.5% in 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. Versant Capital Management Inc lifted its holdings in Fair Isaac by 500.0% in the 4th quarter. Versant Capital Management Inc now owns 24 shares of the technology company’s stock valued at $48,000 after purchasing an additional 20 shares in the last quarter. Finally, Covestor Ltd boosted its stake in Fair Isaac by 30.0% during the 3rd quarter. Covestor Ltd now owns 26 shares of the technology company’s stock worth $52,000 after purchasing an additional 6 shares during the last quarter. Hedge funds and other institutional investors own 85.75% of the company’s stock.

Fair Isaac Stock Down 3.7 %

Shares of NYSE:FICO opened at $1,897.10 on Friday. Fair Isaac Co. has a 52 week low of $1,105.65 and a 52 week high of $2,402.51. The company has a 50-day moving average price of $2,161.98 and a 200 day moving average price of $1,929.40. The company has a market cap of $46.19 billion, a P/E ratio of 92.77, a PEG ratio of 3.55 and a beta of 1.40.

Wall Street Analysts Forecast Growth

A number of analysts have commented on the stock. Royal Bank of Canada reiterated a “sector perform” rating and issued a $2,040.00 price objective on shares of Fair Isaac in a report on Thursday, November 7th. Needham & Company LLC increased their price target on Fair Isaac from $1,850.00 to $2,500.00 and gave the company a “buy” rating in a report on Thursday, November 7th. Robert W. Baird boosted their price objective on Fair Isaac from $1,700.00 to $2,000.00 and gave the stock a “neutral” rating in a research note on Thursday, November 7th. UBS Group started coverage on 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. Finally, The Goldman Sachs Group boosted their price target on shares of Fair Isaac from $2,374.00 to $2,661.00 and gave the company a “buy” rating in a research report on Thursday, December 5th. 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, Fair Isaac presently has a consensus rating of “Moderate Buy” and a consensus target price of $2,087.77.

Insider Activity at Fair Isaac

In related news, EVP Thomas A. Bowers sold 2,680 shares of the firm’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 sale, 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 ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP James M. Wehmann sold 3,500 shares of the company’s stock in a transaction dated Thursday, November 21st. The stock was sold at an average price of $2,320.41, for a total transaction of $8,121,435.00. Following the transaction, the executive vice president now owns 48,895 shares in the company, valued at $113,456,446.95. The trade was a 6.68 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 13,589 shares of company stock worth $31,258,963 over the last three months. 3.54% of the stock is currently owned by corporate insiders.

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.