Strengthening Families & Communities LLC Purchases New Position in Fair Isaac Co. (NYSE:FICO)

Strengthening Families & Communities LLC acquired a new stake in shares of Fair Isaac Co. (NYSE:FICO) in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 49 shares of the technology company’s stock, valued at approximately $95,000.

Several other large investors have also recently bought and sold shares of FICO. Swedbank AB increased its position in shares of Fair Isaac by 11.5% in the 3rd quarter. Swedbank AB now owns 9,822 shares of the technology company’s stock valued at $19,089,000 after buying an additional 1,013 shares in the last quarter. Price T Rowe Associates Inc. MD increased its holdings in shares of Fair Isaac by 25.4% in the first quarter. Price T Rowe Associates Inc. MD now owns 861,283 shares of the technology company’s stock worth $1,076,268,000 after acquiring an additional 174,397 shares in the last quarter. Great Valley Advisor Group Inc. acquired a new stake in shares of Fair Isaac during the second quarter worth about $529,000. Czech National Bank lifted its holdings in shares of Fair Isaac by 7.7% during the 2nd quarter. Czech National Bank now owns 4,709 shares of the technology company’s stock valued at $7,010,000 after purchasing an additional 337 shares in the last quarter. Finally, Fidelis Capital Partners LLC grew its position in shares of Fair Isaac by 181.2% in the 3rd quarter. Fidelis Capital Partners LLC now owns 776 shares of the technology company’s stock valued at $1,551,000 after purchasing an additional 500 shares during the period. Institutional investors own 85.75% of the company’s stock.

Insider Activity at Fair Isaac

In related news, Director Henry Tayloe Stansbury sold 249 shares of Fair Isaac stock in a transaction dated Monday, November 11th. The stock was sold at an average price of $2,338.55, for a total transaction of $582,298.95. Following the completion of the transaction, the director now owns 92 shares in the company, valued at approximately $215,146.60. This trade represents a 73.02 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Thomas A. Bowers sold 2,680 shares of the company’s stock in a transaction that occurred on Monday, November 11th. The shares were 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 owns 5,769 shares in the company, valued at $13,489,133.49. This represents a 31.72 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 6,890 shares of company stock valued at $13,780,452. 3.54% of the stock is owned by corporate insiders.

Fair Isaac Stock Up 0.4 %

NYSE:FICO opened at $2,269.07 on Tuesday. Fair Isaac Co. has a twelve month low of $1,037.55 and a twelve month high of $2,402.51. The firm has a market capitalization of $55.25 billion, a price-to-earnings ratio of 110.96, a price-to-earnings-growth ratio of 4.16 and a beta of 1.35. The stock’s 50 day moving average price is $2,017.11 and its two-hundred day moving average price is $1,697.11.

Fair Isaac announced that its Board of Directors has initiated a share repurchase program on Tuesday, July 30th that permits the company to buyback $1.00 billion in shares. This buyback authorization permits the technology company to buy up to 2.6% of its stock through open market purchases. Stock buyback programs are typically an indication that the company’s leadership believes its stock is undervalued.

Analyst Ratings Changes

Several analysts have commented on FICO shares. Royal Bank of Canada restated a “sector perform” rating and set a $2,040.00 target price on shares of Fair Isaac in a report on Thursday, November 7th. Oppenheimer boosted their price objective on shares of Fair Isaac from $1,967.00 to $2,109.00 and gave the company an “outperform” rating in a research report on Tuesday, October 8th. Wells Fargo & Company increased their target price on Fair Isaac from $2,200.00 to $2,400.00 and gave the stock an “overweight” rating in a report on Thursday, November 7th. UBS Group assumed coverage on Fair Isaac in a report on Tuesday, October 1st. They issued a “neutral” rating and a $2,100.00 price target on the stock. Finally, Needham & Company LLC increased their price objective on Fair Isaac from $1,850.00 to $2,500.00 and gave the stock a “buy” rating in a report on Thursday, November 7th. Four equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $1,964.92.

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.