Eagle Bay Advisors LLC Lowers Stock Holdings in Fair Isaac Co. (NYSE:FICO)

Eagle Bay Advisors LLC cut its holdings in shares of Fair Isaac Co. (NYSE:FICO) by 51.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 38 shares of the technology company’s stock after selling 41 shares during the quarter. Eagle Bay Advisors LLC’s holdings in Fair Isaac were worth $76,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in FICO. State Street Corp raised its position in shares of Fair Isaac by 0.5% in the 3rd quarter. State Street Corp now owns 1,045,165 shares of the technology company’s stock worth $2,031,299,000 after buying an additional 5,472 shares during the period. JPMorgan Chase & Co. raised its holdings in shares of Fair Isaac by 1.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 673,242 shares of the technology company’s stock worth $1,308,460,000 after purchasing an additional 7,466 shares during the period. Geode Capital Management LLC lifted its stake in shares of Fair Isaac by 1.0% in the 3rd quarter. Geode Capital Management LLC now owns 645,379 shares of the technology company’s stock valued at $1,251,537,000 after purchasing an additional 6,510 shares in the last quarter. International Assets Investment Management LLC lifted its stake in shares of Fair Isaac by 189,461.6% in the 3rd quarter. International Assets Investment Management LLC now owns 538,355 shares of the technology company’s stock valued at $1,046,304,000 after purchasing an additional 538,071 shares in the last quarter. Finally, Principal Financial Group Inc. grew its holdings in shares of Fair Isaac by 0.5% during the 3rd quarter. Principal Financial Group Inc. now owns 372,582 shares of the technology company’s stock worth $724,122,000 after purchasing an additional 1,977 shares during the period. 85.75% of the stock is owned by institutional investors and hedge funds.

Fair Isaac Price Performance

NYSE FICO opened at $1,910.42 on Tuesday. The company’s fifty day moving average price is $2,177.19 and its two-hundred day moving average price is $1,922.41. The company has a market capitalization of $46.51 billion, a price-to-earnings ratio of 93.42, a price-to-earnings-growth ratio of 4.00 and a beta of 1.40. Fair Isaac Co. has a 12 month low of $1,105.65 and a 12 month high of $2,402.51.

Insider Transactions at Fair Isaac

In other Fair Isaac news, Director Henry Tayloe Stansbury sold 249 shares of the stock in a transaction on Monday, November 11th. The shares were sold at an average price of $2,338.55, for a total transaction of $582,298.95. Following the sale, the director now directly owns 92 shares of the company’s stock, valued at approximately $215,146.60. This represents a 73.02 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Thomas A. Bowers sold 2,680 shares of Fair Isaac 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 of the company’s stock, valued at $13,489,133.49. This trade represents a 31.72 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 13,450 shares of company stock valued at $30,985,908. Insiders own 3.54% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on FICO. The Goldman Sachs Group lifted 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. Oppenheimer decreased their price target 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 boosted their price objective on Fair Isaac from $2,200.00 to $2,400.00 and gave the stock an “overweight” rating in a research note on Thursday, November 7th. UBS Group began 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, Barclays boosted their price target on Fair Isaac from $2,150.00 to $2,350.00 and gave the stock an “overweight” rating in a research report on Thursday, November 7th. Five investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $2,024.31.

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.