American Trust Takes $202,000 Position in Fair Isaac Co. (NYSE:FICO)

American Trust acquired a new position in Fair Isaac Co. (NYSE:FICO) in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 104 shares of the technology company’s stock, valued at approximately $202,000.

Other institutional investors have also recently made changes to their positions in the company. Capital Performance Advisors LLP bought a new position in Fair Isaac in the 3rd quarter worth approximately $25,000. Tortoise Investment Management LLC boosted its position in shares of Fair Isaac by 81.8% during the second quarter. Tortoise Investment Management LLC now owns 20 shares of the technology company’s stock worth $30,000 after acquiring an additional 9 shares during the last quarter. True Wealth Design LLC boosted its position in shares of Fair Isaac by 900.0% during 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 during the last quarter. Meeder Asset Management Inc. grew its stake 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 acquiring an additional 6 shares in the last quarter. Finally, Family Firm Inc. purchased a new stake in Fair Isaac in the 2nd quarter worth $34,000. Hedge funds and other institutional investors own 85.75% of the company’s stock.

Fair Isaac Trading Down 1.0 %

FICO stock opened at $2,168.89 on Friday. Fair Isaac Co. has a 12 month low of $1,105.65 and a 12 month high of $2,402.51. The stock has a market cap of $52.81 billion, a PE ratio of 106.06, a P/E/G ratio of 4.05 and a beta of 1.36. The company has a 50-day moving average price of $2,170.83 and a 200 day moving average price of $1,823.34.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on the company. The Goldman Sachs Group raised their price objective on Fair Isaac from $2,374.00 to $2,661.00 and gave the company a “buy” rating in a research report on Thursday, December 5th. Robert W. Baird lifted their price objective on Fair Isaac from $1,700.00 to $2,000.00 and gave the stock a “neutral” rating in a research note on Thursday, November 7th. Wells Fargo & Company increased their target price on Fair Isaac from $2,200.00 to $2,400.00 and gave the company an “overweight” rating in a research report on Thursday, November 7th. Oppenheimer boosted their price target on shares of Fair Isaac from $2,324.00 to $2,515.00 and gave the stock an “outperform” rating in a research report on Monday, December 2nd. Finally, Needham & Company LLC increased their price objective on shares of Fair Isaac from $1,850.00 to $2,500.00 and gave the company a “buy” rating in a research 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. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $2,022.67.

Insider Buying and Selling 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 shares were sold at an average price of $2,338.55, for a total transaction of $582,298.95. Following the completion of the sale, the director now owns 92 shares in the company, valued at $215,146.60. This trade represents a 73.02 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP James M. Wehmann sold 3,500 shares of the company’s stock in a transaction dated 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 transaction, the executive vice president now owns 48,895 shares in the company, valued at $113,456,446.95. This represents a 6.68 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 9,930 shares of company stock worth $23,281,002 over the last 90 days. 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.