Teamwork Financial Advisors LLC decreased its holdings in Fair Isaac Corporation (NYSE:FICO – Free Report) by 76.6% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 200 shares of the technology company’s stock after selling 655 shares during the quarter. Teamwork Financial Advisors LLC’s holdings in Fair Isaac were worth $299,000 as of its most recent SEC filing.
A number of other large investors also recently modified their holdings of the stock. Westside Investment Management Inc. bought a new position in Fair Isaac in the 2nd quarter worth approximately $26,000. ORG Partners LLC acquired a new stake in shares of Fair Isaac during the second quarter worth $27,000. Hilltop National Bank acquired a new stake in shares of Fair Isaac during the second quarter worth $27,000. Ransom Advisory Ltd acquired a new position in shares of Fair Isaac during the 3rd quarter worth about $30,000. Finally, Pinnacle Bancorp Inc. acquired a new position in shares of Fair Isaac during the 2nd quarter worth about $31,000. 85.75% of the stock is currently owned by institutional investors and hedge funds.
Fair Isaac Trading Up 0.3%
Shares of FICO stock opened at $1,760.26 on Friday. The firm’s fifty day moving average price is $1,715.79 and its two-hundred day moving average price is $1,635.51. Fair Isaac Corporation has a 1 year low of $1,300.00 and a 1 year high of $2,217.60. The firm has a market capitalization of $41.74 billion, a P/E ratio of 66.30, a PEG ratio of 1.95 and a beta of 1.29.
Wall Street Analyst Weigh In
FICO has been the subject of a number of analyst reports. Weiss Ratings restated a “hold (c+)” rating on shares of Fair Isaac in a report on Monday. UBS Group raised their price objective on Fair Isaac from $1,590.00 to $1,640.00 and gave the stock a “neutral” rating in a research note on Monday, September 15th. Barclays raised their price target on Fair Isaac from $2,000.00 to $2,400.00 and gave the stock an “overweight” rating in a research report on Thursday, October 2nd. Zacks Research lowered shares of Fair Isaac from a “strong-buy” rating to a “hold” rating in a research note on Monday, December 1st. Finally, Wells Fargo & Company upped their price target on shares of Fair Isaac from $2,300.00 to $2,400.00 and gave the company an “overweight” rating in a report on Tuesday, October 14th. Two analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $2,076.77.
View Our Latest Research Report on Fair Isaac
Insider Activity at Fair Isaac
In related news, CEO William J. Lansing sold 2,400 shares of the firm’s stock in a transaction on Monday, November 10th. The shares were sold at an average price of $1,732.88, for a total value of $4,158,912.00. Following the completion of the transaction, the chief executive officer directly owned 10,933 shares of the company’s stock, valued at approximately $18,945,577.04. This trade represents a 18.00% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Eva Manolis sold 521 shares of the business’s stock in a transaction on Friday, December 12th. The stock was sold at an average price of $1,825.83, for a total transaction of $951,257.43. Following the transaction, the director owned 344 shares in the company, valued at approximately $628,085.52. The trade was a 60.23% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 8,932 shares of company stock valued at $14,936,283. 3.46% of the stock is currently owned by 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.
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