Metis Global Partners LLC Trims Holdings in Fair Isaac Co. (NYSE:FICO)

Metis Global Partners LLC decreased its holdings in shares of Fair Isaac Co. (NYSE:FICO) by 11.7% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 1,031 shares of the technology company’s stock after selling 137 shares during the quarter. Metis Global Partners LLC’s holdings in Fair Isaac were worth $1,200,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of FICO. McGlone Suttner Wealth Management Inc. acquired a new stake in shares of Fair Isaac in the 4th quarter worth approximately $35,000. Headlands Technologies LLC purchased a new stake in Fair Isaac during the 3rd quarter worth about $42,000. Assetmark Inc. purchased a new position in shares of Fair Isaac during the third quarter valued at approximately $44,000. KB Financial Partners LLC grew its position in shares of Fair Isaac by 26.2% in the third quarter. KB Financial Partners LLC now owns 53 shares of the technology company’s stock valued at $46,000 after purchasing an additional 11 shares during the period. Finally, First Horizon Advisors Inc. increased its stake in shares of Fair Isaac by 28.1% during the 4th quarter. First Horizon Advisors Inc. now owns 41 shares of the technology company’s stock valued at $48,000 after acquiring an additional 9 shares during the last quarter. Hedge funds and other institutional investors own 85.75% of the company’s stock.

Insiders Place Their Bets

In other news, CEO William J. Lansing sold 8,000 shares of the business’s stock in a transaction on Tuesday, April 16th. The shares were sold at an average price of $1,140.55, for a total transaction of $9,124,400.00. Following the transaction, the chief executive officer now directly owns 12,638 shares of the company’s stock, valued at $14,414,270.90. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Insiders sold a total of 24,000 shares of company stock worth $29,011,120 in the last 90 days. 3.54% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on FICO. Raymond James raised their target price on shares of Fair Isaac from $1,413.00 to $1,418.00 and gave the stock an “outperform” rating in a research report on Friday, April 26th. Jefferies Financial Group upped their price objective on Fair Isaac from $1,210.00 to $1,450.00 and gave the stock a “buy” rating in a report on Wednesday, January 17th. Royal Bank of Canada reiterated a “sector perform” rating and issued a $1,350.00 target price on shares of Fair Isaac in a report on Friday, January 26th. Barclays upped their price target on Fair Isaac from $1,234.00 to $1,500.00 and gave the stock an “overweight” rating in a research note on Friday, January 26th. Finally, Redburn Atlantic initiated coverage on Fair Isaac in a report on Tuesday, April 16th. They issued a “neutral” rating and a $1,113.00 price objective on the stock. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and six have given a buy rating to the company’s stock. According to MarketBeat.com, Fair Isaac presently has a consensus rating of “Moderate Buy” and an average price target of $1,224.40.

Fair Isaac Price Performance

Shares of NYSE FICO opened at $1,249.59 on Thursday. The company has a market capitalization of $30.88 billion, a price-to-earnings ratio of 65.60, a PEG ratio of 3.21 and a beta of 1.24. Fair Isaac Co. has a 1-year low of $733.75 and a 1-year high of $1,349.75. The business has a 50-day moving average of $1,223.96 and a 200-day moving average of $1,166.87.

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.