Vinva Investment Management Ltd Purchases 50 Shares of Fair Isaac Co. (NYSE:FICO)

Vinva Investment Management Ltd increased its holdings in shares of Fair Isaac Co. (NYSE:FICO) by 4.9% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,065 shares of the technology company’s stock after acquiring an additional 50 shares during the period. Vinva Investment Management Ltd’s holdings in Fair Isaac were worth $2,044,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Capital Performance Advisors LLP acquired a new stake in shares of Fair Isaac in the 3rd quarter valued at $25,000. Advisors Asset Management Inc. acquired a new stake in shares of Fair Isaac in the 1st quarter valued at $26,000. Tortoise Investment Management LLC raised its holdings in Fair Isaac by 81.8% during the 2nd quarter. Tortoise Investment Management LLC now owns 20 shares of the technology company’s stock worth $30,000 after purchasing an additional 9 shares during the last quarter. Family Firm Inc. acquired a new position in Fair Isaac in the second quarter valued at approximately $34,000. Finally, Meeder Asset Management Inc. lifted its stake in shares of Fair Isaac by 37.5% in the 3rd quarter. Meeder Asset Management Inc. now owns 22 shares of the technology company’s stock valued at $43,000 after purchasing an additional 6 shares during the period. Institutional investors own 85.75% of the company’s stock.

Analyst Ratings Changes

FICO has been the subject of several recent analyst reports. The Goldman Sachs Group upped their target price on shares of Fair Isaac from $2,130.00 to $2,374.00 and gave the company a “buy” rating in a research note on Thursday, November 7th. Oppenheimer increased their price target on Fair Isaac from $1,967.00 to $2,109.00 and gave the stock an “outperform” rating in a report on Tuesday, October 8th. Robert W. Baird lifted their price objective on Fair Isaac from $1,700.00 to $2,000.00 and gave the company a “neutral” rating in a report on Thursday, November 7th. Needham & Company LLC increased their target price on Fair Isaac from $1,850.00 to $2,500.00 and gave the stock a “buy” rating in a research note on Thursday, November 7th. Finally, 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. Four investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $1,964.92.

Fair Isaac Trading Up 1.2 %

NYSE:FICO opened at $2,382.63 on Friday. The stock has a market capitalization of $58.02 billion, a PE ratio of 116.51, a P/E/G ratio of 4.33 and a beta of 1.35. Fair Isaac Co. has a 1-year low of $1,070.37 and a 1-year high of $2,402.51. The firm has a fifty day simple moving average of $2,092.41 and a 200 day simple moving average of $1,751.28.

Insider Activity

In other Fair Isaac news, EVP James M. Wehmann sold 3,500 shares of the firm’s stock in a transaction on Thursday, November 21st. The stock was sold at an average price of $2,320.41, for a total transaction of $8,121,435.00. Following the completion of the sale, the executive vice president now owns 48,895 shares of the company’s stock, valued at $113,456,446.95. This trade represents a 6.68 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 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 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 represents a 73.02 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 10,390 shares of company stock valued at $21,901,887 in the last quarter. Company insiders own 3.54% of the company’s stock.

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.