Heartland Bank & Trust Co lessened its stake in Fair Isaac Co. (NYSE:FICO – Free Report) by 3.0% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 384 shares of the technology company’s stock after selling 12 shares during the quarter. Heartland Bank & Trust Co’s holdings in Fair Isaac were worth $765,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Capital Performance Advisors LLP acquired a new position in shares of Fair Isaac during the 3rd quarter worth $25,000. True Wealth Design LLC boosted its holdings in Fair Isaac by 900.0% in the third quarter. True Wealth Design LLC now owns 20 shares of the technology company’s stock worth $39,000 after purchasing an additional 18 shares in the last quarter. Berbice Capital Management LLC acquired a new position in Fair Isaac during the fourth quarter worth $40,000. Meeder Asset Management Inc. raised its holdings in Fair Isaac by 37.5% during the third quarter. Meeder Asset Management Inc. now owns 22 shares of the technology company’s stock valued at $43,000 after buying an additional 6 shares in the last quarter. Finally, Versant Capital Management Inc lifted its position in shares of Fair Isaac by 500.0% in the fourth quarter. Versant Capital Management Inc now owns 24 shares of the technology company’s stock worth $48,000 after buying an additional 20 shares during the last quarter. Hedge funds and other institutional investors own 85.75% of the company’s stock.
Insider Buying and Selling at Fair Isaac
In other news, EVP Thomas A. Bowers sold 2,680 shares of the firm’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 transaction of $6,266,402.80. Following the completion of the sale, the executive vice president now owns 5,769 shares of the company’s stock, valued at approximately $13,489,133.49. This trade represents a 31.72 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Henry Tayloe Stansbury sold 249 shares of the business’s stock in a transaction that occurred on Monday, November 11th. The stock was 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 directly owns 92 shares in the company, valued at $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 have sold 13,589 shares of company stock valued at $31,258,963 in the last 90 days. 3.54% of the stock is currently owned by company insiders.
Fair Isaac Trading Down 2.2 %
Analysts Set New Price Targets
A number of research analysts recently weighed in on the company. Wells Fargo & Company raised their price objective on Fair Isaac from $2,200.00 to $2,400.00 and gave the company an “overweight” rating in a research note on Thursday, November 7th. Jefferies Financial Group boosted their price objective on shares of Fair Isaac from $2,250.00 to $2,275.00 and gave the stock a “buy” rating in a research note on Wednesday, January 15th. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $2,040.00 price objective on shares of Fair Isaac in a report on Thursday, November 7th. Robert W. Baird lifted 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 report on Thursday, November 7th. Finally, Barclays upped their price target on shares of Fair Isaac from $2,150.00 to $2,350.00 and gave the company an “overweight” rating in a report on Thursday, November 7th. Five analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat.com, Fair Isaac currently has a consensus rating of “Moderate Buy” and a consensus price target of $2,087.77.
Read Our Latest Report on FICO
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.
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