Brookstone Capital Management Takes $206,000 Position in Fair Isaac Co. (NYSE:FICO)

Brookstone Capital Management acquired a new position in Fair Isaac Co. (NYSE:FICO) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 103 shares of the technology company’s stock, valued at approximately $206,000.

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

Analyst Ratings Changes

A number of research firms have commented on FICO. Royal Bank of Canada restated a “sector perform” rating and issued a $2,040.00 price target on shares of Fair Isaac in a report on Thursday, November 7th. Barclays lifted 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 report on Thursday, November 7th. Oppenheimer dropped their target price on shares of Fair Isaac from $2,515.00 to $2,409.00 and set an “outperform” rating on the stock in a research report on Tuesday, January 7th. Wells Fargo & Company upped their target price on Fair Isaac from $2,200.00 to $2,400.00 and gave the company an “overweight” rating in a report on Thursday, November 7th. Finally, Jefferies Financial Group upped their price objective on 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. Five 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 stock presently has a consensus rating of “Moderate Buy” and an average target price of $2,087.77.

Fair Isaac Stock Down 3.7 %

NYSE FICO opened at $1,897.10 on Monday. The company’s 50 day moving average is $2,161.98 and its 200-day moving average is $1,935.07. The firm has a market cap of $46.19 billion, a P/E ratio of 92.77, a price-to-earnings-growth ratio of 3.55 and a beta of 1.40. Fair Isaac Co. has a 12-month low of $1,105.65 and a 12-month high of $2,402.51.

Insider Buying and Selling at Fair Isaac

In related news, Director Henry Tayloe Stansbury sold 249 shares of the company’s 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 sale, the director now owns 92 shares of the company’s stock, valued at approximately $215,146.60. This represents a 73.02 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CFO Steven P. Weber sold 139 shares of the stock in a transaction that occurred on 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 completion of the sale, the chief financial officer now owns 2,478 shares in the company, valued at $4,867,832.76. This represents a 5.31 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 13,589 shares of company stock valued at $31,258,963 in the last 90 days. 3.54% of the stock is currently owned by company insiders.

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.