Caprock Group LLC Purchases 71 Shares of Fair Isaac Co. (NYSE:FICO)

Caprock Group LLC raised its position in Fair Isaac Co. (NYSE:FICO) by 1.7% in the 4th quarter, Holdings Channel reports. The firm owned 4,146 shares of the technology company’s stock after buying an additional 71 shares during the period. Caprock Group LLC’s holdings in Fair Isaac were worth $8,254,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the company. Algert Global LLC grew its stake in 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 lifted its holdings in shares of Fair Isaac by 7.8% during the 2nd quarter. Creative Planning now owns 3,984 shares of the technology company’s stock valued at $5,931,000 after purchasing an additional 289 shares in the last quarter. NewEdge Advisors LLC grew its position in shares of Fair Isaac by 5.2% in the 2nd quarter. NewEdge Advisors LLC now owns 808 shares of the technology company’s stock valued at $1,202,000 after purchasing an additional 40 shares during the period. Northwestern Mutual Wealth Management Co. increased its stake in Fair Isaac by 6.5% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 280 shares of the technology company’s stock worth $417,000 after purchasing an additional 17 shares in the last quarter. Finally, Sanctuary Advisors LLC acquired a new stake in Fair Isaac during the 2nd quarter worth approximately $3,211,000. 85.75% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on the stock. Barclays increased 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 research report on Thursday, November 7th. UBS Group dropped their price target 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. Wells Fargo & Company upped their price objective on Fair Isaac from $2,200.00 to $2,400.00 and gave the stock an “overweight” rating in a research report on Thursday, November 7th. Needham & Company LLC lifted their target price on Fair Isaac from $1,850.00 to $2,500.00 and gave the company a “buy” rating in a research report on Thursday, November 7th. Finally, The Goldman Sachs Group upped their price target on 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. Five 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.com, Fair Isaac has a consensus rating of “Moderate Buy” and a consensus price target of $2,087.77.

Insider Buying and Selling at Fair Isaac

In other Fair Isaac news, EVP Thomas A. Bowers sold 2,680 shares of the stock in a transaction dated Monday, November 11th. The shares were sold at an average price of $2,338.21, for a total value of $6,266,402.80. Following the transaction, the executive vice president now directly owns 5,769 shares of the company’s stock, valued at $13,489,133.49. This represents a 31.72 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP James M. Wehmann sold 3,500 shares of the business’s stock in a transaction that occurred on Thursday, November 21st. The stock was sold at an average price of $2,320.41, for a total value of $8,121,435.00. Following the sale, the executive vice president now owns 48,895 shares of the company’s stock, valued at approximately $113,456,446.95. This represents a 6.68 % 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 over the last 90 days. Company insiders own 3.54% of the company’s stock.

Fair Isaac Stock Performance

Shares of FICO stock opened at $1,882.76 on Friday. Fair Isaac Co. has a 52-week low of $1,105.65 and a 52-week high of $2,402.51. The stock has a market cap of $46.01 billion, a price-to-earnings ratio of 91.85, a PEG ratio of 3.42 and a beta of 1.40. The firm’s 50-day moving average is $2,080.30 and its 200-day moving average is $1,949.02.

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.