DGS Capital Management LLC Boosts Stock Position in Fair Isaac Co. (NYSE:FICO)

DGS Capital Management LLC lifted its stake in shares of Fair Isaac Co. (NYSE:FICO) by 4.5% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 690 shares of the technology company’s stock after purchasing an additional 30 shares during the period. DGS Capital Management LLC’s holdings in Fair Isaac were worth $1,341,000 as of its most recent filing with the SEC.

Other hedge funds also recently made changes to their positions in the company. Capital Performance Advisors LLP acquired a new stake in shares of Fair Isaac during the 3rd quarter worth approximately $25,000. Tortoise Investment Management LLC boosted its stake in Fair Isaac by 81.8% during the 2nd quarter. Tortoise Investment Management LLC now owns 20 shares of the technology company’s stock valued at $30,000 after purchasing an additional 9 shares in the last quarter. Family Firm Inc. acquired a new position in shares of Fair Isaac during the 2nd quarter valued at $34,000. True Wealth Design LLC raised its position 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 acquiring an additional 18 shares in the last quarter. Finally, Meeder Asset Management Inc. boosted 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 valued at $43,000 after purchasing an additional 6 shares in the last quarter. Institutional investors and hedge funds own 85.75% of the company’s stock.

Fair Isaac Stock Performance

Shares of FICO traded up $5.59 during trading hours on Friday, hitting $2,196.51. 8,981 shares of the company were exchanged, compared to its average volume of 168,490. The company has a market cap of $53.49 billion, a PE ratio of 107.14, a PEG ratio of 4.05 and a beta of 1.36. Fair Isaac Co. has a 52 week low of $1,105.65 and a 52 week high of $2,402.51. The firm’s 50 day moving average is $2,165.82 and its 200-day moving average is $1,814.89.

Insider Activity

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 transaction of $8,308,475.00. Following the sale, the executive vice president now owns 45,395 shares in the company, valued at approximately $107,760,920.75. This represents a 7.16 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Henry Tayloe Stansbury sold 249 shares of the company’s stock in a transaction 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 transaction, the director now directly owns 92 shares in the company, valued at approximately $215,146.60. This represents a 73.02 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 9,930 shares of company stock valued at $23,281,002. Insiders own 3.54% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts recently commented on FICO shares. Robert W. Baird boosted 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. Wells Fargo & Company upped their target price 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. Needham & Company LLC boosted their price target on shares of Fair Isaac from $1,850.00 to $2,500.00 and gave the company a “buy” rating in a report on Thursday, November 7th. UBS Group started coverage on shares of Fair Isaac in a research note on Tuesday, October 1st. They issued a “neutral” rating and a $2,100.00 price objective for the company. Finally, The Goldman Sachs Group increased their price objective on Fair Isaac from $2,374.00 to $2,661.00 and gave the stock a “buy” rating in a research note on Thursday, December 5th. Four research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $2,022.67.

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.