Fair Isaac Co. (NYSE:FICO) Shares Sold by First Citizens Bank & Trust Co.

First Citizens Bank & Trust Co. decreased its holdings in Fair Isaac Co. (NYSE:FICO) by 5.5% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 225 shares of the technology company’s stock after selling 13 shares during the quarter. First Citizens Bank & Trust Co.’s holdings in Fair Isaac were worth $448,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in FICO. First National Bank of Omaha acquired a new position in Fair Isaac in the 3rd quarter worth approximately $1,576,000. National Bank of Canada FI boosted its stake in Fair Isaac by 51.9% in the 3rd quarter. National Bank of Canada FI now owns 19,817 shares of the technology company’s stock worth $38,514,000 after purchasing an additional 6,768 shares during the period. Donoghue Forlines LLC acquired a new position in Fair Isaac in the 4th quarter worth approximately $1,935,000. Swedbank AB boosted its stake in Fair Isaac by 11.5% in 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 during the period. Finally, BNP Paribas acquired a new position in Fair Isaac in the 3rd quarter worth approximately $445,000. Institutional investors and hedge funds own 85.75% of the company’s stock.

Insider Buying and Selling

In other news, Director Marc F. Mcmorris sold 520 shares of the business’s stock in a transaction dated 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 transaction, the director now owns 242 shares in the company, valued at approximately $520,921.94. The trade was a 68.24 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, 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 transaction of $273,054.38. Following the transaction, the chief financial officer now owns 2,478 shares in the company, valued at approximately $4,867,832.76. The trade was a 5.31 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 13,589 shares of company stock worth $31,258,963 in the last quarter. 3.54% of the stock is currently owned by company insiders.

Fair Isaac Price Performance

Shares of FICO opened at $1,839.65 on Tuesday. The company has a market capitalization of $44.80 billion, a PE ratio of 89.96, a price-to-earnings-growth ratio of 3.46 and a beta of 1.40. Fair Isaac Co. has a one year low of $1,105.65 and a one year high of $2,402.51. The company’s fifty day moving average price is $2,107.30 and its 200 day moving average price is $1,948.35.

Analyst Upgrades and Downgrades

FICO has been the subject of a number of recent analyst reports. Needham & Company LLC raised their price objective on shares of Fair Isaac from $1,850.00 to $2,500.00 and gave the stock a “buy” rating in a research note on Thursday, November 7th. Jefferies Financial Group lifted their target price on shares of Fair Isaac from $2,250.00 to $2,275.00 and gave the company a “buy” rating in a research note on Wednesday, January 15th. The Goldman Sachs Group lifted their target price on shares of Fair Isaac from $2,374.00 to $2,661.00 and gave the company a “buy” rating in a research note on Thursday, December 5th. Wells Fargo & Company lifted their target price on shares of Fair Isaac from $2,200.00 to $2,400.00 and gave the company an “overweight” rating in a research note on Thursday, November 7th. Finally, Robert W. Baird lifted their target price on shares of Fair Isaac from $1,700.00 to $2,000.00 and gave the company a “neutral” rating in a research note on Thursday, November 7th. Five research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. According to data from MarketBeat, Fair Isaac currently has a consensus rating of “Moderate Buy” and a consensus price target 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.