Baker Tilly Wealth Management LLC Has $518,000 Stake in Fair Isaac Co. (NYSE:FICO)

Baker Tilly Wealth Management LLC grew its holdings in shares of Fair Isaac Co. (NYSE:FICO) by 16.6% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 260 shares of the technology company’s stock after purchasing an additional 37 shares during the period. Baker Tilly Wealth Management LLC’s holdings in Fair Isaac were worth $518,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. International Assets Investment Management LLC raised its position in Fair Isaac by 189,461.6% during the third quarter. International Assets Investment Management LLC now owns 538,355 shares of the technology company’s stock valued at $1,046,304,000 after purchasing an additional 538,071 shares in the last quarter. AustralianSuper Pty Ltd increased its stake in shares of Fair Isaac by 1,270.9% in the third quarter. AustralianSuper Pty Ltd now owns 73,276 shares of the technology company’s stock valued at $142,413,000 after buying an additional 67,931 shares during the period. FMR LLC raised its position in Fair Isaac by 46.1% during the 3rd quarter. FMR LLC now owns 207,026 shares of the technology company’s stock worth $402,358,000 after purchasing an additional 65,297 shares during the last quarter. Jennison Associates LLC lifted its position in shares of Fair Isaac by 35.1% in the 3rd quarter. Jennison Associates LLC now owns 241,149 shares of the technology company’s stock worth $468,677,000 after purchasing an additional 62,653 shares during the period. Finally, Sei Investments Co. boosted its position in Fair Isaac by 231.8% during the second quarter. Sei Investments Co. now owns 69,127 shares of the technology company’s stock valued at $102,908,000 after acquiring an additional 48,294 shares during the last quarter. 85.75% of the stock is owned by institutional investors.

Fair Isaac Price Performance

Fair Isaac stock traded down $39.47 during trading hours on Friday, reaching $1,924.95. The stock had a trading volume of 20,163 shares, compared to its average volume of 144,102. The stock has a market cap of $46.87 billion, a PE ratio of 94.13, a PEG ratio of 4.00 and a beta of 1.40. The company has a fifty day simple moving average of $2,180.28 and a 200-day simple moving average of $1,909.74. Fair Isaac Co. has a 52 week low of $1,105.65 and a 52 week high of $2,402.51.

Insider Activity at Fair Isaac

In related news, Director Henry Tayloe Stansbury sold 249 shares of the stock in a transaction dated Monday, November 11th. The shares were sold at an average price of $2,338.55, for a total value of $582,298.95. Following the completion of the transaction, the director now directly owns 92 shares in the company, valued at $215,146.60. This trade represents a 73.02 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Thomas A. Bowers sold 2,680 shares of the business’s stock in a transaction dated 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 sale, the executive vice president now directly owns 5,769 shares in the company, valued at $13,489,133.49. The trade was a 31.72 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 13,450 shares of company stock worth $30,985,908 over the last quarter. Corporate insiders own 3.54% of the company’s stock.

Analysts Set New Price Targets

FICO has been the topic of a number of research reports. UBS Group began coverage on shares of Fair Isaac in a research report on Tuesday, October 1st. They set a “neutral” rating and a $2,100.00 target price on the stock. Barclays boosted their price objective on Fair Isaac from $2,150.00 to $2,350.00 and gave the company an “overweight” rating in a report on Thursday, November 7th. JPMorgan Chase & Co. assumed coverage on Fair Isaac in a report on Friday, December 20th. They issued a “neutral” rating and a $2,150.00 target price on the stock. Royal Bank of Canada restated a “sector perform” rating and set a $2,040.00 price target on shares of Fair Isaac in a research note on Thursday, November 7th. Finally, Robert W. Baird boosted their target price 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. Five research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $2,024.31.

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.