Fair Isaac Co. (NYSE:FICO) Shares Bought by Diversify Wealth Management LLC

Diversify Wealth Management LLC lifted its position in shares of Fair Isaac Co. (NYSE:FICO) by 1.1% during the fourth quarter, HoldingsChannel reports. The firm owned 1,063 shares of the technology company’s stock after purchasing an additional 12 shares during the quarter. Diversify Wealth Management LLC’s holdings in Fair Isaac were worth $2,038,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Mercer Global Advisors Inc. ADV lifted its stake in shares of Fair Isaac by 5.8% in the second quarter. Mercer Global Advisors Inc. ADV now owns 779 shares of the technology company’s stock worth $1,159,000 after acquiring an additional 43 shares in the last quarter. Summit Trail Advisors LLC acquired a new position in shares of Fair Isaac in the 2nd quarter valued at approximately $284,000. Profund Advisors LLC boosted its stake in shares of Fair Isaac by 6.1% during the 2nd quarter. Profund Advisors LLC now owns 524 shares of the technology company’s stock valued at $780,000 after buying an additional 30 shares during the last quarter. ProShare Advisors LLC grew its position in shares of Fair Isaac by 6.8% during the second quarter. ProShare Advisors LLC now owns 4,540 shares of the technology company’s stock worth $6,759,000 after buying an additional 288 shares in the last quarter. Finally, Fidelis Capital Partners LLC increased its stake in shares of Fair Isaac by 5.3% in the second quarter. Fidelis Capital Partners LLC now owns 276 shares of the technology company’s stock worth $411,000 after buying an additional 14 shares during the last quarter. 85.75% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, EVP James M. Wehmann sold 3,500 shares of the stock in a transaction on Thursday, December 5th. The stock was sold at an average price of $2,373.85, for a total value of $8,308,475.00. Following the completion of the transaction, the executive vice president now owns 45,395 shares of the company’s stock, valued at approximately $107,760,920.75. This represents a 7.16 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, CFO Steven P. Weber sold 139 shares of Fair Isaac stock in a transaction dated Thursday, January 9th. The shares were sold at an average price of $1,964.42, for a total transaction of $273,054.38. Following the sale, the chief financial officer now owns 2,478 shares in the company, valued at approximately $4,867,832.76. This represents a 5.31 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 13,589 shares of company stock worth $31,258,963. Insiders own 3.54% of the company’s stock.

Fair Isaac Stock Down 3.7 %

FICO stock opened at $1,897.10 on Tuesday. The stock has a market cap of $46.19 billion, a PE ratio of 92.77, a price-to-earnings-growth ratio of 3.55 and a beta of 1.40. The firm’s 50-day simple moving average is $2,152.86 and its 200 day simple moving average is $1,937.65. Fair Isaac Co. has a fifty-two week low of $1,105.65 and a fifty-two week high of $2,402.51.

Wall Street Analyst Weigh In

Several research analysts have weighed in on the stock. Jefferies Financial Group raised 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 report on Wednesday, January 15th. Wells Fargo & Company boosted their price objective on Fair Isaac from $2,200.00 to $2,400.00 and gave the company an “overweight” rating in a report on Thursday, November 7th. Oppenheimer reduced 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. Needham & Company LLC boosted their price target on Fair Isaac from $1,850.00 to $2,500.00 and gave the company a “buy” rating in a report on Thursday, November 7th. Finally, Barclays raised their price objective on Fair Isaac from $2,150.00 to $2,350.00 and gave the stock an “overweight” rating in a research note on Thursday, November 7th. Five investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price 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.