MML Investors Services LLC Has $3.39 Million Stock Holdings in Fair Isaac Co. (NYSE:FICO)

MML Investors Services LLC decreased its holdings in shares of Fair Isaac Co. (NYSE:FICO) by 20.5% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,743 shares of the technology company’s stock after selling 450 shares during the quarter. MML Investors Services LLC’s holdings in Fair Isaac were worth $3,388,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in the business. Capital Performance Advisors LLP acquired a new stake in shares of Fair Isaac during the third quarter worth $25,000. Tortoise Investment Management LLC lifted its holdings 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 buying an additional 9 shares in the last quarter. Family Firm Inc. acquired a new stake in shares of Fair Isaac during the second quarter worth $34,000. True Wealth Design LLC lifted its holdings 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 buying an additional 18 shares in the last quarter. Finally, Meeder Asset Management Inc. lifted its holdings in shares of Fair Isaac by 37.5% during the third quarter. Meeder Asset Management Inc. now owns 22 shares of the technology company’s stock worth $43,000 after buying an additional 6 shares in the last quarter. Institutional investors and hedge funds own 85.75% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on FICO. The Goldman Sachs Group lifted their target price on Fair Isaac from $2,374.00 to $2,661.00 and gave the stock a “buy” rating in a report on Thursday, December 5th. Needham & Company LLC raised their price target on Fair Isaac from $1,850.00 to $2,500.00 and gave the stock a “buy” rating in a research report on Thursday, November 7th. Barclays raised their price target on Fair Isaac from $2,150.00 to $2,350.00 and gave the stock an “overweight” rating in a research report on Thursday, November 7th. Robert W. Baird raised their price target on Fair Isaac from $1,700.00 to $2,000.00 and gave the stock a “neutral” rating in a research report on Thursday, November 7th. Finally, Royal Bank of Canada restated a “sector perform” rating and issued a $2,040.00 price target on shares of Fair Isaac 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.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $2,022.67.

Fair Isaac Stock Down 1.0 %

Fair Isaac 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 business’s 50-day moving average price is $2,170.83 and its two-hundred day moving average price is $1,823.34. 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.

Insider Buying and Selling at Fair Isaac

In other news, EVP James M. Wehmann sold 3,500 shares of the business’s stock in a transaction dated 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 directly owns 45,395 shares in the company, valued at approximately $107,760,920.75. The trade was a 7.16 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP Thomas A. Bowers sold 2,680 shares of the business’s stock in a transaction dated Monday, November 11th. The stock was sold at an average price of $2,338.21, for a total value of $6,266,402.80. Following the sale, the executive vice president now owns 5,769 shares in the company, valued at approximately $13,489,133.49. This trade represents a 31.72 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 9,930 shares of company stock worth $23,281,002 over the last 90 days. Insiders own 3.54% of the company’s stock.

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.