R Squared Ltd Makes New Investment in Fair Isaac Co. (NYSE:FICO)

R Squared Ltd purchased a new stake in 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 fund purchased 150 shares of the technology company’s stock, valued at approximately $299,000.

Other institutional investors also recently modified their holdings of the company. Public Sector Pension Investment Board grew its holdings in Fair Isaac by 65.0% during the 2nd quarter. Public Sector Pension Investment Board now owns 942 shares of the technology company’s stock valued at $1,402,000 after buying an additional 371 shares in the last quarter. Algert Global LLC boosted its position in shares of Fair Isaac by 12.0% in the second quarter. Algert Global LLC now owns 281 shares of the technology company’s stock valued at $418,000 after acquiring an additional 30 shares during the period. Creative Planning grew its stake in Fair Isaac by 7.8% during the second quarter. Creative Planning now owns 3,984 shares of the technology company’s stock valued at $5,931,000 after acquiring an additional 289 shares in the last quarter. Magnolia Capital Advisors LLC bought a new stake in Fair Isaac during the 2nd quarter worth approximately $213,000. Finally, NewEdge Advisors LLC lifted its stake in Fair Isaac by 5.2% in the 2nd quarter. NewEdge Advisors LLC now owns 808 shares of the technology company’s stock worth $1,202,000 after purchasing an additional 40 shares in the last quarter. 85.75% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Fair Isaac news, CFO Steven P. Weber sold 139 shares of the business’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. The trade was a 5.31 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Marc F. Mcmorris sold 520 shares of the business’s stock in a transaction on Tuesday, December 17th. The shares were sold at an average price of $2,152.57, for a total transaction of $1,119,336.40. Following the sale, the director now owns 242 shares of the company’s stock, valued at approximately $520,921.94. This represents a 68.24 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 13,589 shares of company stock valued at $31,258,963. 3.54% of the stock is currently owned by corporate insiders.

Fair Isaac Price Performance

NYSE:FICO opened at $1,853.64 on Wednesday. The firm’s 50-day moving average price is $2,098.69 and its 200-day moving average price is $1,950.22. The company has a market capitalization of $45.14 billion, a PE ratio of 90.64, a P/E/G ratio of 3.46 and a beta of 1.40. Fair Isaac Co. has a 1-year low of $1,105.65 and a 1-year high of $2,402.51.

Analyst Ratings Changes

Several research analysts recently weighed in on FICO shares. Robert W. Baird upped their price objective on shares of 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. Needham & Company LLC increased their price target on shares of Fair Isaac from $1,850.00 to $2,500.00 and gave the stock a “buy” rating in a report on Thursday, November 7th. Barclays lifted their price objective on shares of Fair Isaac from $2,150.00 to $2,350.00 and gave the stock an “overweight” rating in a report on Thursday, November 7th. UBS Group reduced their target price on Fair Isaac from $2,250.00 to $2,100.00 and set a “neutral” rating on the stock in a research note on Monday. Finally, Wells Fargo & Company raised their price target 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. Five 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 has an average rating of “Moderate Buy” and an average price target of $2,087.77.

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.