Resonant Capital Advisors LLC Has $609,000 Stock Holdings in Fair Isaac Co. (NYSE:FICO)

Resonant Capital Advisors LLC boosted its position in Fair Isaac Co. (NYSE:FICO) by 2.0% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 306 shares of the technology company’s stock after buying an additional 6 shares during the quarter. Resonant Capital Advisors LLC’s holdings in Fair Isaac were worth $609,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of FICO. Capital Performance Advisors LLP acquired a new position in shares of Fair Isaac during the 3rd quarter worth approximately $25,000. True Wealth Design LLC increased its position in shares of Fair Isaac by 900.0% during the 3rd quarter. True Wealth Design LLC now owns 20 shares of the technology company’s stock worth $39,000 after purchasing an additional 18 shares during the last quarter. Berbice Capital Management LLC acquired a new position in shares of Fair Isaac during the 4th quarter worth approximately $40,000. Meeder Asset Management Inc. increased its position in shares of Fair Isaac by 37.5% during the 3rd quarter. Meeder Asset Management Inc. now owns 22 shares of the technology company’s stock worth $43,000 after purchasing an additional 6 shares during the last quarter. Finally, Versant Capital Management Inc increased its position 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 purchasing an additional 20 shares during the last quarter. Institutional investors and hedge funds own 85.75% of the company’s stock.

Analysts Set New Price Targets

Several research firms have weighed in on FICO. JPMorgan Chase & Co. began coverage on Fair Isaac in a research report on Friday, December 20th. They set a “neutral” rating and a $2,150.00 price target on the stock. Oppenheimer decreased their target price on Fair Isaac from $2,515.00 to $2,409.00 and set an “outperform” rating on the stock in a report on Tuesday, January 7th. Robert W. Baird boosted their target price on Fair Isaac from $1,700.00 to $2,000.00 and gave the stock a “neutral” rating in a report on Thursday, November 7th. The Goldman Sachs Group boosted their target price on Fair Isaac from $2,374.00 to $2,661.00 and gave the stock a “buy” rating in a report on Thursday, December 5th. Finally, 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 report on Wednesday, January 15th. Five research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $2,087.77.

Fair Isaac Price Performance

FICO opened at $1,826.98 on Tuesday. The business has a fifty day simple moving average of $2,060.00 and a 200 day simple moving average of $1,957.54. The company has a market capitalization of $44.65 billion, a PE ratio of 89.34, a price-to-earnings-growth ratio of 3.45 and a beta of 1.39. Fair Isaac Co. has a 1 year low of $1,105.65 and a 1 year high of $2,402.51.

Insider Activity at Fair Isaac

In related news, EVP Thomas A. Bowers sold 2,680 shares of the business’s stock in a transaction on Monday, November 11th. The stock was sold at an average price of $2,338.21, for a total value 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 $13,489,133.49. The trade was a 31.72 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Henry Tayloe Stansbury sold 249 shares of the company’s 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 sale, the director now owns 92 shares of the company’s stock, valued at approximately $215,146.60. The trade was a 73.02 % 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 in the last ninety days. 3.46% of the stock is owned by company insiders.

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.