47 Shares in Fair Isaac Co. (NYSE:FICO) Purchased by Hanseatic Management Services Inc.

Hanseatic Management Services Inc. acquired a new position in shares of Fair Isaac Co. (NYSE:FICO) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 47 shares of the technology company’s stock, valued at approximately $94,000.

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

Insider Transactions at Fair Isaac

In other Fair Isaac news, EVP Thomas A. Bowers sold 2,680 shares of the stock in a transaction dated Monday, November 11th. The stock was sold at an average price of $2,338.21, for a total transaction of $6,266,402.80. Following the completion of the sale, the executive vice president now directly owns 5,769 shares in the company, valued at approximately $13,489,133.49. This trade represents a 31.72 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO Steven P. Weber sold 139 shares of the business’s stock in a transaction dated Thursday, January 9th. The shares were sold at an average price of $1,964.42, for a total value of $273,054.38. Following the completion of the transaction, the chief financial officer now directly owns 2,478 shares in the company, valued at $4,867,832.76. This represents a 5.31 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 13,589 shares of company stock worth $31,258,963 over the last ninety days. 3.54% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several brokerages have commented on FICO. Jefferies Financial Group boosted their target price on Fair Isaac from $2,250.00 to $2,275.00 and gave the stock a “buy” rating in a research note on Wednesday. Oppenheimer lowered their price objective on shares of Fair Isaac from $2,515.00 to $2,409.00 and set an “outperform” rating for the company in a research report on Tuesday, January 7th. Wells Fargo & Company raised their target price on shares of Fair Isaac from $2,200.00 to $2,400.00 and gave the company an “overweight” rating in a research report on Thursday, November 7th. Needham & Company LLC upped 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 report on Thursday, November 7th. Finally, UBS Group initiated coverage on Fair Isaac in a report on Tuesday, October 1st. They set a “neutral” rating and a $2,100.00 price objective on the stock. Five equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $2,087.77.

Fair Isaac Trading Down 3.7 %

Shares of FICO opened at $1,897.10 on Friday. The stock’s 50-day moving average price is $2,161.98 and its two-hundred day moving average price is $1,932.20. 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 market capitalization of $46.19 billion, a PE ratio of 92.77, a PEG ratio of 3.55 and a beta of 1.40.

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.