International Assets Investment Management LLC Cuts Stock Holdings in Fair Isaac Co. (NYSE:FICO)

International Assets Investment Management LLC decreased its position in Fair Isaac Co. (NYSE:FICO) by 100.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 186 shares of the technology company’s stock after selling 538,169 shares during the quarter. International Assets Investment Management LLC’s holdings in Fair Isaac were worth $371,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in FICO. Capital Performance Advisors LLP bought a new stake in shares of Fair Isaac during the 3rd quarter valued at $25,000. True Wealth Design LLC grew its holdings in shares of Fair Isaac by 900.0% during the third quarter. True Wealth Design LLC now owns 20 shares of the technology company’s stock valued at $39,000 after buying an additional 18 shares during the last quarter. Meeder Asset Management Inc. boosted its stake in Fair Isaac by 37.5% during the 3rd quarter. Meeder Asset Management Inc. now owns 22 shares of the technology company’s stock valued at $43,000 after purchasing an additional 6 shares during the last quarter. Versant Capital Management Inc increased its holdings in Fair Isaac by 500.0% in the 4th quarter. Versant Capital Management Inc now owns 24 shares of the technology company’s stock worth $48,000 after buying an additional 20 shares in the last quarter. Finally, Covestor Ltd grew its stake in shares of Fair Isaac by 30.0% in the third quarter. Covestor Ltd now owns 26 shares of the technology company’s stock worth $52,000 after acquiring an additional 6 shares during the period. 85.75% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on FICO shares. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $2,040.00 price target on shares of Fair Isaac in a research report on Thursday, November 7th. Needham & Company LLC raised their price target 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. JPMorgan Chase & Co. initiated coverage on shares of Fair Isaac in a report on Friday, December 20th. They set a “neutral” rating and a $2,150.00 price objective for the company. Barclays increased their price objective on shares of 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, 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 report on Thursday, November 7th. Five equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $2,024.31.

Insider Buying and Selling at Fair Isaac

In related 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 completion of the transaction, the executive vice president now directly owns 5,769 shares in the company, valued at approximately $13,489,133.49. This trade represents a 31.72 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Marc F. Mcmorris sold 520 shares of the company’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 completion of the sale, the director now owns 242 shares in the company, valued at approximately $520,921.94. This represents a 68.24 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 13,450 shares of company stock valued at $30,985,908. 3.54% of the stock is owned by insiders.

Fair Isaac Stock Down 2.5 %

Shares of NYSE:FICO opened at $1,915.00 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 $46.63 billion, a price-to-earnings ratio of 93.64, a PEG ratio of 4.00 and a beta of 1.40. The business has a 50-day moving average price of $2,178.81 and a 200-day moving average price of $1,916.22.

Fair Isaac 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.