Kolinsky Wealth Management LLC Has $311,000 Position in Fair Isaac Co. (NYSE:FICO)

Kolinsky Wealth Management LLC boosted its position in shares of Fair Isaac Co. (NYSE:FICO) by 11.1% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 160 shares of the technology company’s stock after purchasing an additional 16 shares during the quarter. Kolinsky Wealth Management LLC’s holdings in Fair Isaac were worth $311,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in FICO. Capital Performance Advisors LLP acquired a new position in shares of Fair Isaac in the third quarter valued at approximately $25,000. Advisors Asset Management Inc. acquired a new position in shares of Fair Isaac in the first quarter valued at approximately $26,000. Tortoise Investment Management LLC boosted its holdings in shares of Fair Isaac by 81.8% in the second 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 during the period. Family Firm Inc. acquired a new position in shares of Fair Isaac in the second quarter valued at approximately $34,000. Finally, Meeder Asset Management Inc. boosted its holdings in shares of Fair Isaac by 37.5% in the third quarter. Meeder Asset Management Inc. now owns 22 shares of the technology company’s stock valued at $43,000 after buying an additional 6 shares during the period. Institutional investors and hedge funds own 85.75% of the company’s stock.

Fair Isaac Trading Up 1.2 %

NYSE FICO opened at $2,382.63 on Friday. The firm’s fifty day moving average price is $2,092.41 and its two-hundred day moving average price is $1,751.28. Fair Isaac Co. has a 1 year low of $1,070.37 and a 1 year high of $2,402.51. The firm has a market capitalization of $58.02 billion, a P/E ratio of 116.51, a price-to-earnings-growth ratio of 4.33 and a beta of 1.35.

Insiders Place Their Bets

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 value of $6,931,750.00. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Thomas A. Bowers sold 2,680 shares of the 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 completion of 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 ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 10,390 shares of company stock valued at $21,901,887. 3.54% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several research firms have recently weighed in on FICO. Oppenheimer upped their price target on shares of Fair Isaac from $1,967.00 to $2,109.00 and gave the company an “outperform” rating in a report on Tuesday, October 8th. Royal Bank of Canada reiterated a “sector perform” rating and issued a $2,040.00 price target on shares of Fair Isaac in a report on Thursday, November 7th. Needham & Company LLC boosted 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. Robert W. Baird boosted their price objective on shares of Fair Isaac from $1,700.00 to $2,000.00 and gave the stock a “neutral” rating in a research report on Thursday, November 7th. Finally, Wells Fargo & Company boosted their price objective on shares of Fair Isaac from $2,200.00 to $2,400.00 and gave the stock an “overweight” rating in a research report on Thursday, November 7th. Four equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. According to MarketBeat, Fair Isaac currently has a consensus rating of “Moderate Buy” and an average target price of $1,964.92.

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.