Wealthquest Corp Makes New $207,000 Investment in Fair Isaac Co. (NYSE:FICO)

Wealthquest Corp purchased a new position in shares of Fair Isaac Co. (NYSE:FICO) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 104 shares of the technology company’s stock, valued at approximately $207,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. First National Bank of Omaha purchased a new position in Fair Isaac in the 3rd quarter valued at approximately $1,576,000. National Bank of Canada FI boosted its holdings in Fair Isaac by 51.9% in the third quarter. National Bank of Canada FI now owns 19,817 shares of the technology company’s stock valued at $38,514,000 after purchasing an additional 6,768 shares during the period. Swedbank AB grew its stake in Fair Isaac by 11.5% during the 3rd quarter. Swedbank AB now owns 9,822 shares of the technology company’s stock worth $19,089,000 after purchasing an additional 1,013 shares in the last quarter. BNP Paribas acquired a new stake in Fair Isaac in the 3rd quarter valued at about $445,000. Finally, Harvest Fund Management Co. Ltd boosted its stake in shares of Fair Isaac by 86.3% in the 3rd quarter. Harvest Fund Management Co. Ltd now owns 760 shares of the technology company’s stock valued at $1,477,000 after buying an additional 352 shares during the period. Hedge funds and other institutional investors own 85.75% of the company’s stock.

Insider Buying and Selling at Fair Isaac

In other news, 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 transaction, the director now directly owns 92 shares of the company’s stock, valued at $215,146.60. This represents a 73.02 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Steven P. Weber sold 139 shares of the firm’s 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 completion of the sale, the chief financial officer now owns 2,478 shares of the company’s stock, valued at $4,867,832.76. This trade represents a 5.31 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 13,589 shares of company stock worth $31,258,963. 3.54% of the stock is currently owned by insiders.

Fair Isaac Stock Down 3.7 %

Shares of FICO stock opened at $1,897.10 on Tuesday. The stock’s 50-day moving average price is $2,152.86 and its 200 day moving average price is $1,937.65. The stock has a market capitalization 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. Fair Isaac Co. has a 52-week low of $1,105.65 and a 52-week high of $2,402.51.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on FICO shares. Robert W. Baird upped 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 research note on Thursday, November 7th. The Goldman Sachs Group lifted their price objective on shares of Fair Isaac from $2,374.00 to $2,661.00 and gave the stock a “buy” rating in a research report on Thursday, December 5th. UBS Group began coverage on Fair Isaac in a report on Tuesday, October 1st. They issued a “neutral” rating and a $2,100.00 target price on the stock. JPMorgan Chase & Co. began coverage on Fair Isaac in a report on Friday, December 20th. They set a “neutral” rating and a $2,150.00 price target for the company. Finally, Jefferies Financial Group increased their price objective on Fair Isaac from $2,250.00 to $2,275.00 and gave the company a “buy” rating in a report on Wednesday, January 15th. Five equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $2,087.77.

Fair Isaac Company 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.