Fair Isaac Co. (NYSE:FICO) Shares Acquired by Brighton Jones LLC

Brighton Jones LLC lifted its stake in Fair Isaac Co. (NYSE:FICO) by 168.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 481 shares of the technology company’s stock after purchasing an additional 302 shares during the quarter. Brighton Jones LLC’s holdings in Fair Isaac were worth $958,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Public Sector Pension Investment Board boosted its position in shares of Fair Isaac by 65.0% during the 2nd quarter. Public Sector Pension Investment Board now owns 942 shares of the technology company’s stock valued at $1,402,000 after acquiring an additional 371 shares during the last quarter. APG Asset Management N.V. raised its stake in Fair Isaac by 6.8% during the second quarter. APG Asset Management N.V. now owns 22,895 shares of the technology company’s stock worth $31,801,000 after purchasing an additional 1,466 shares during the period. MBB Public Markets I LLC boosted its holdings in Fair Isaac by 956.0% in the 2nd quarter. MBB Public Markets I LLC now owns 1,774 shares of the technology company’s stock valued at $2,641,000 after purchasing an additional 1,606 shares during the last quarter. Dorsey Wright & Associates grew its stake in shares of Fair Isaac by 0.3% in the 2nd quarter. Dorsey Wright & Associates now owns 4,130 shares of the technology company’s stock valued at $6,148,000 after buying an additional 12 shares during the period. Finally, Algert Global LLC raised its position in shares of Fair Isaac by 12.0% during the 2nd quarter. Algert Global LLC now owns 281 shares of the technology company’s stock valued at $418,000 after buying an additional 30 shares during the period. Hedge funds and other institutional investors own 85.75% of the company’s stock.

Insider Buying and Selling at Fair Isaac

In related news, CFO Steven P. Weber sold 139 shares of the business’s stock in a transaction that occurred on Thursday, January 9th. The stock was sold at an average price of $1,964.42, for a total transaction of $273,054.38. Following the completion of the sale, the chief financial officer now owns 2,478 shares in the company, valued at $4,867,832.76. The trade was a 5.31 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Thomas A. Bowers sold 2,680 shares of the firm’s stock in a transaction that occurred on 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 sale, the executive vice president now directly owns 5,769 shares in the company, valued at approximately $13,489,133.49. The trade was a 31.72 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 13,589 shares of company stock valued at $31,258,963 in the last quarter. Corporate insiders own 3.54% of the company’s stock.

Fair Isaac Trading Down 2.2 %

Shares of NYSE FICO opened at $1,813.88 on Friday. The stock has a market cap of $44.16 billion, a P/E ratio of 88.70, a PEG ratio of 3.46 and a beta of 1.40. The business’s fifty day simple moving average is $2,115.89 and its 200-day simple moving average is $1,943.55. Fair Isaac Co. has a 12-month low of $1,105.65 and a 12-month high of $2,402.51.

Analyst Ratings Changes

Several research analysts recently weighed in on FICO shares. Wells Fargo & Company increased their price objective on 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. UBS Group began 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 on the stock. Robert W. Baird increased their target price on shares of 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. Needham & Company LLC boosted 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. Finally, 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. Five analysts have rated the stock with a hold rating and eight have given a buy rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $2,087.77.

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.