Lindsell Train Ltd Has $508.72 Million Stock Position in Fair Isaac Co. (NYSE:FICO)

Lindsell Train Ltd reduced its position in Fair Isaac Co. (NYSE:FICO) by 13.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 255,520 shares of the technology company’s stock after selling 38,923 shares during the period. Fair Isaac makes up 12.7% of Lindsell Train Ltd’s investment portfolio, making the stock its 2nd largest holding. Lindsell Train Ltd owned about 1.05% of Fair Isaac worth $508,722,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Heritage Family Offices LLP raised its stake in shares of Fair Isaac by 2.0% in the third quarter. Heritage Family Offices LLP now owns 256 shares of the technology company’s stock worth $498,000 after purchasing an additional 5 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. grew its holdings in Fair Isaac by 5.7% during the third quarter. Thurston Springer Miller Herd & Titak Inc. now owns 111 shares of the technology company’s stock worth $216,000 after buying an additional 6 shares in the last quarter. Moss Adams Wealth Advisors LLC raised its position in Fair Isaac by 4.0% in the 3rd quarter. Moss Adams Wealth Advisors LLC now owns 155 shares of the technology company’s stock valued at $301,000 after buying an additional 6 shares during the last quarter. Covestor Ltd lifted its stake in Fair Isaac by 30.0% during the 3rd quarter. Covestor Ltd now owns 26 shares of the technology company’s stock valued at $52,000 after acquiring an additional 6 shares in the last quarter. Finally, Meeder Asset Management Inc. boosted its holdings in Fair Isaac by 37.5% during the 3rd quarter. Meeder Asset Management Inc. now owns 22 shares of the technology company’s stock worth $43,000 after acquiring an additional 6 shares during the last quarter. Institutional investors and hedge funds own 85.75% of the company’s stock.

Insider Activity at Fair Isaac

In related news, Director Henry Tayloe Stansbury sold 249 shares of the business’s stock in a transaction on Monday, November 11th. The stock was sold at an average price of $2,338.55, for a total transaction of $582,298.95. Following the sale, the director now directly owns 92 shares in the company, valued at approximately $215,146.60. The trade was a 73.02 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Steven P. Weber sold 139 shares of the firm’s stock in a transaction dated Thursday, January 9th. The stock was sold at an average price of $1,964.42, for a total value of $273,054.38. Following the completion of the transaction, the chief financial officer now owns 2,478 shares of the company’s stock, valued at approximately $4,867,832.76. This 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 owned by corporate insiders.

Fair Isaac Stock Down 1.6 %

NYSE FICO opened at $1,850.76 on Friday. The company has a market cap of $45.07 billion, a PE ratio of 90.50, a price-to-earnings-growth ratio of 3.46 and a beta of 1.40. The firm’s 50-day simple moving average is $2,124.83 and its two-hundred day simple moving average is $1,938.99. Fair Isaac Co. has a 52 week low of $1,105.65 and a 52 week high of $2,402.51.

Wall Street Analysts Forecast Growth

FICO has been the subject of several analyst reports. The Goldman Sachs Group raised their price target on shares of 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. Needham & Company LLC upped their target price 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. Barclays increased their price target on Fair Isaac from $2,150.00 to $2,350.00 and gave the company an “overweight” rating in a research report on Thursday, November 7th. UBS Group initiated coverage on 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, JPMorgan Chase & Co. assumed coverage on Fair Isaac in a research note on Friday, December 20th. They set a “neutral” rating and a $2,150.00 target price on the stock. Five equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat.com, Fair Isaac presently has a consensus rating of “Moderate Buy” and an average 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.