UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Has $445.17 Million Stake in Fair Isaac Co. (NYSE:FICO)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC decreased its position in Fair Isaac Co. (NYSE:FICO) by 7.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 229,052 shares of the technology company’s stock after selling 17,917 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 0.94% of Fair Isaac worth $445,167,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Capital Performance Advisors LLP bought a new position in Fair Isaac during the third quarter worth about $25,000. Advisors Asset Management Inc. bought a new position in Fair Isaac during the first quarter worth about $26,000. Tortoise Investment Management LLC grew its holdings in Fair Isaac by 81.8% during the second quarter. Tortoise Investment Management LLC now owns 20 shares of the technology company’s stock worth $30,000 after purchasing an additional 9 shares during the period. Family Firm Inc. bought a new position in Fair Isaac during the second quarter worth about $34,000. Finally, Meeder Asset Management Inc. grew its holdings in Fair Isaac by 37.5% during the third 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. Institutional investors and hedge funds own 85.75% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts recently commented on FICO shares. Royal Bank of Canada reiterated a “sector perform” rating and set a $2,040.00 price target on shares of Fair Isaac in a report on Thursday, November 7th. Barclays raised 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 research report on Thursday, November 7th. Wells Fargo & Company raised 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. The Goldman Sachs Group raised their price objective on shares of Fair Isaac from $2,130.00 to $2,374.00 and gave the stock a “buy” rating in a research report on Thursday, November 7th. Finally, 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 price objective for the company. Four research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. According to data from MarketBeat.com, Fair Isaac has a consensus rating of “Moderate Buy” and a consensus price target of $1,964.92.

Insider Activity

In other Fair Isaac news, Director Joanna Rees sold 3,961 shares of the business’s stock in a transaction that occurred on Thursday, September 5th. The shares were sold at an average price of $1,750.00, for a total transaction of $6,931,750.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Thomas A. Bowers sold 2,680 shares of the business’s 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 owns 5,769 shares of the company’s stock, valued at approximately $13,489,133.49. This represents a 31.72 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 10,390 shares of company stock worth $21,901,887. Corporate insiders own 3.54% of the company’s stock.

Fair Isaac Trading Down 1.2 %

NYSE FICO opened at $2,354.00 on Friday. Fair Isaac Co. has a 1-year low of $1,067.36 and a 1-year high of $2,402.51. The company has a 50 day moving average of $2,083.91 and a 200-day moving average of $1,747.07. The company has a market cap of $57.32 billion, a price-to-earnings ratio of 115.11, a PEG ratio of 4.34 and a beta of 1.35.

Fair Isaac 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.