Wealth Enhancement Advisory Services LLC Buys 58 Shares of Fair Isaac Co. (NYSE:FICO)

Wealth Enhancement Advisory Services LLC raised its stake in shares of Fair Isaac Co. (NYSE:FICO) by 0.8% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 7,495 shares of the technology company’s stock after purchasing an additional 58 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in Fair Isaac were worth $14,567,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Capital Performance Advisors LLP bought a new position in shares of Fair Isaac in the 3rd quarter valued at about $25,000. True Wealth Design LLC lifted its holdings in shares of Fair Isaac by 900.0% in the 3rd quarter. True Wealth Design LLC now owns 20 shares of the technology company’s stock valued at $39,000 after acquiring an additional 18 shares during the last quarter. Meeder Asset Management Inc. lifted its holdings in shares of Fair Isaac by 37.5% in the 3rd quarter. Meeder Asset Management Inc. now owns 22 shares of the technology company’s stock valued at $43,000 after acquiring an additional 6 shares during the last quarter. Versant Capital Management Inc lifted its holdings in shares of Fair Isaac by 500.0% in the 4th quarter. Versant Capital Management Inc now owns 24 shares of the technology company’s stock valued at $48,000 after acquiring an additional 20 shares during the last quarter. Finally, Covestor Ltd lifted its holdings in shares of Fair Isaac by 30.0% in the 3rd quarter. Covestor Ltd now owns 26 shares of the technology company’s stock valued at $52,000 after acquiring an additional 6 shares during the last quarter. Institutional investors own 85.75% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages recently commented on FICO. Oppenheimer lowered their price target on shares of Fair Isaac from $2,515.00 to $2,409.00 and set an “outperform” rating for the company in a report on Tuesday, January 7th. Royal Bank of Canada reissued a “sector perform” rating and issued a $2,040.00 price objective on shares of Fair Isaac in a research report on Thursday, November 7th. Wells Fargo & Company increased their price objective on shares of 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. Robert W. Baird increased 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. Finally, The Goldman Sachs Group increased their price objective on shares of 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 equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $2,024.31.

Insider Activity at Fair Isaac

In related news, Director Henry Tayloe Stansbury sold 249 shares of Fair Isaac stock in a transaction that occurred on Monday, November 11th. The shares were sold at an average price of $2,338.55, for a total transaction of $582,298.95. Following the transaction, the director now directly owns 92 shares of the company’s stock, valued at $215,146.60. This trade represents a 73.02 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, EVP Thomas A. Bowers sold 2,680 shares of Fair Isaac stock in a transaction that occurred on Monday, November 11th. The shares were sold at an average price of $2,338.21, for a total transaction of $6,266,402.80. Following the transaction, the executive vice president now directly owns 5,769 shares in the company, valued at approximately $13,489,133.49. The trade was a 31.72 % decrease in their ownership of the stock. 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 ninety days. 3.54% of the stock is owned by company insiders.

Fair Isaac Stock Performance

Shares of NYSE:FICO opened at $1,915.00 on Monday. The firm has a market cap of $46.63 billion, a PE ratio of 93.64, a price-to-earnings-growth ratio of 4.00 and a beta of 1.40. The firm’s 50 day simple moving average is $2,178.81 and its 200-day simple moving average is $1,919.36. Fair Isaac Co. has a one year low of $1,105.65 and a one year high of $2,402.51.

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.