Townsquare Capital LLC Purchases 514 Shares of Fair Isaac Co. (NYSE:FICO)

Townsquare Capital LLC lifted its position in shares of Fair Isaac Co. (NYSE:FICO) by 28.4% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,321 shares of the technology company’s stock after buying an additional 514 shares during the quarter. Townsquare Capital LLC’s holdings in Fair Isaac were worth $4,511,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. Heritage Family Offices LLP grew its holdings in Fair Isaac by 2.0% during the 3rd quarter. Heritage Family Offices LLP now owns 256 shares of the technology company’s stock worth $498,000 after acquiring an additional 5 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. increased its holdings in Fair Isaac by 5.7% during the third quarter. Thurston Springer Miller Herd & Titak Inc. now owns 111 shares of the technology company’s stock valued at $216,000 after buying an additional 6 shares during the period. Moss Adams Wealth Advisors LLC raised its stake in Fair Isaac by 4.0% in the third quarter. Moss Adams Wealth Advisors LLC now owns 155 shares of the technology company’s stock worth $301,000 after buying an additional 6 shares in the last quarter. Covestor Ltd lifted its holdings 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 buying an additional 6 shares during the period. Finally, Meeder Asset Management Inc. increased its holdings 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 valued at $43,000 after acquiring an additional 6 shares during the period. Hedge funds and other institutional investors own 85.75% of the company’s stock.

Insider Activity

In other Fair Isaac news, Director Joanna Rees sold 3,961 shares of Fair Isaac stock in a transaction dated Thursday, September 5th. The stock was sold at an average price of $1,750.00, for a total transaction of $6,931,750.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Henry Tayloe Stansbury sold 249 shares of the company’s stock in a transaction dated Monday, November 11th. The stock was sold at an average price of $2,338.55, for a total value of $582,298.95. Following the completion of the sale, the director now owns 92 shares in the company, valued at $215,146.60. The trade was a 73.02 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 10,390 shares of company stock valued at $21,901,887. Company insiders own 3.54% of the company’s stock.

Analyst Upgrades and Downgrades

FICO has been the subject of a number of analyst reports. Royal Bank of Canada restated a “sector perform” rating and set a $2,040.00 price objective on shares of Fair Isaac in a research note on Thursday, November 7th. Needham & Company LLC raised their price target on shares of Fair Isaac from $1,850.00 to $2,500.00 and gave the company a “buy” rating in a report on Thursday, November 7th. Robert W. Baird lifted their price objective 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. Barclays increased their target price on shares of Fair Isaac from $2,150.00 to $2,350.00 and gave the company an “overweight” rating in a research report on Thursday, November 7th. Finally, The Goldman Sachs Group upped their price target on 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. Four equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $1,964.92.

Fair Isaac Price Performance

NYSE FICO opened at $2,354.00 on Friday. The stock’s fifty day moving average price is $2,083.91 and its 200 day moving average price is $1,747.07. 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 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 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.