Fair Isaac Co. (NYSE:FICO) Stock Holdings Lifted by GAMMA Investing LLC

GAMMA Investing LLC lifted its stake in shares of Fair Isaac Co. (NYSE:FICO) by 36.4% in the 4th quarter, HoldingsChannel.com reports. The fund owned 90 shares of the technology company’s stock after acquiring an additional 24 shares during the quarter. GAMMA Investing LLC’s holdings in Fair Isaac were worth $179,000 at the end of the most recent reporting period.

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

Wall Street Analysts Forecast Growth

A number of research firms recently commented on FICO. Oppenheimer dropped their price objective on Fair Isaac from $2,515.00 to $2,409.00 and set an “outperform” rating on the stock in a report on Tuesday. Royal Bank of Canada restated a “sector perform” rating and set a $2,040.00 price target on shares of Fair Isaac in a report on Thursday, November 7th. 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 report on Thursday, November 7th. Barclays raised their target price on Fair Isaac from $2,150.00 to $2,350.00 and gave the company an “overweight” rating in a report on Thursday, November 7th. 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 price target for the company. Five research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $2,024.31.

Insider Buying and Selling

In other Fair Isaac news, EVP Thomas A. Bowers sold 2,680 shares of Fair Isaac stock in a transaction that occurred on Monday, November 11th. The stock was sold at an average price of $2,338.21, for a total transaction of $6,266,402.80. Following the sale, the executive vice president now directly owns 5,769 shares of the company’s stock, valued at approximately $13,489,133.49. The trade was a 31.72 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Marc F. Mcmorris sold 520 shares of the firm’s stock in a transaction that occurred on Tuesday, December 17th. The stock was sold at an average price of $2,152.57, for a total value of $1,119,336.40. Following the transaction, the director now owns 242 shares of the company’s stock, valued at $520,921.94. This trade represents a 68.24 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 13,450 shares of company stock valued at $30,985,908 over the last three months. 3.54% of the stock is owned by corporate insiders.

Fair Isaac Price Performance

Shares of Fair Isaac stock opened at $1,961.77 on Thursday. The firm has a fifty day moving average price of $2,180.92 and a two-hundred day moving average price of $1,909.38. Fair Isaac Co. has a fifty-two week low of $1,105.65 and a fifty-two week high of $2,402.51. The company has a market cap of $47.77 billion, a PE ratio of 95.93, a price-to-earnings-growth ratio of 4.00 and a beta of 1.40.

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.