Fair Isaac Co. (NYSE:FICO) Shares Acquired by Royal London Asset Management Ltd.

Royal London Asset Management Ltd. lifted its position in Fair Isaac Co. (NYSE:FICO) by 1.5% during the third quarter, HoldingsChannel.com reports. The fund owned 9,774 shares of the technology company’s stock after acquiring an additional 147 shares during the period. Royal London Asset Management Ltd.’s holdings in Fair Isaac were worth $18,996,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. International Assets Investment Management LLC grew its holdings in shares of Fair Isaac by 189,461.6% during the third quarter. International Assets Investment Management LLC now owns 538,355 shares of the technology company’s stock worth $1,046,304,000 after buying an additional 538,071 shares in the last quarter. AustralianSuper Pty Ltd boosted its position in Fair Isaac by 1,270.9% during the third quarter. AustralianSuper Pty Ltd now owns 73,276 shares of the technology company’s stock worth $142,413,000 after acquiring an additional 67,931 shares during the last quarter. FMR LLC grew its stake in Fair Isaac by 46.1% during the 3rd quarter. FMR LLC now owns 207,026 shares of the technology company’s stock valued at $402,358,000 after acquiring an additional 65,297 shares in the last quarter. Jennison Associates LLC raised its holdings in Fair Isaac by 35.1% in the 3rd quarter. Jennison Associates LLC now owns 241,149 shares of the technology company’s stock valued at $468,677,000 after acquiring an additional 62,653 shares during the last quarter. Finally, Sei Investments Co. lifted its stake in Fair Isaac by 231.8% in the 2nd quarter. Sei Investments Co. now owns 69,127 shares of the technology company’s stock worth $102,908,000 after purchasing an additional 48,294 shares in the last quarter. 85.75% of the stock is currently owned by hedge funds and other institutional investors.

Fair Isaac Trading Up 0.3 %

Shares of NYSE FICO opened at $2,375.00 on Friday. The stock has a market capitalization of $57.83 billion, a PE ratio of 116.14, a PEG ratio of 4.32 and a beta of 1.36. Fair Isaac Co. has a twelve month low of $1,099.74 and a twelve month high of $2,402.51. The stock has a fifty day simple moving average of $2,144.84 and a 200-day simple moving average of $1,791.97.

Analysts Set New Price Targets

A number of equities analysts recently commented on the company. The Goldman Sachs Group lifted their price objective on Fair Isaac from $2,374.00 to $2,661.00 and gave the stock a “buy” rating in a research report on Thursday. Oppenheimer boosted their price target 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. UBS Group assumed coverage on shares of Fair Isaac in a report on Tuesday, October 1st. They issued a “neutral” rating and a $2,100.00 price objective for the company. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $2,040.00 target price on shares of Fair Isaac in a research note on Thursday, November 7th. Finally, Needham & Company LLC increased their price target on shares of Fair Isaac from $1,850.00 to $2,500.00 and gave the company a “buy” rating in a research note on Thursday, November 7th. Four analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $2,022.67.

Insider Buying and Selling at Fair Isaac

In other news, EVP James M. Wehmann sold 3,500 shares of the stock in a transaction on Thursday, November 21st. The stock was sold at an average price of $2,320.41, for a total value of $8,121,435.00. Following the sale, the executive vice president now directly owns 48,895 shares in the company, valued at approximately $113,456,446.95. This trade represents a 6.68 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Henry Tayloe Stansbury sold 249 shares of Fair Isaac stock in a transaction on Monday, November 11th. The shares were sold at an average price of $2,338.55, for a total value of $582,298.95. Following the completion of the transaction, the director now owns 92 shares of the company’s stock, valued at approximately $215,146.60. This trade represents a 73.02 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 6,429 shares of company stock valued at $14,970,137 in the last three months. 3.54% of the stock is owned by corporate insiders.

Fair Isaac 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.