Capstone Investment Advisors LLC Has $1.11 Million Holdings in Fair Isaac Co. (NYSE:FICO)

Capstone Investment Advisors LLC lessened its position in Fair Isaac Co. (NYSE:FICO) by 35.9% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 569 shares of the technology company’s stock after selling 319 shares during the period. Capstone Investment Advisors LLC’s holdings in Fair Isaac were worth $1,106,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of the company. Capital Performance Advisors LLP acquired a new stake in Fair Isaac in the 3rd quarter worth $25,000. Advisors Asset Management Inc. acquired a new position in shares of Fair Isaac in the first quarter valued at $26,000. Tortoise Investment Management LLC lifted its position in Fair Isaac by 81.8% in 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. acquired a new position in shares of Fair Isaac in the 2nd quarter valued at $34,000. Finally, Meeder Asset Management Inc. boosted its position in shares of Fair Isaac by 37.5% during 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 in the last quarter. 85.75% of the stock is currently owned by institutional investors.

Fair Isaac Price Performance

Shares of NYSE:FICO opened at $2,354.00 on Friday. The firm’s 50 day simple moving average is $2,083.91 and its 200 day simple moving average is $1,747.07. Fair Isaac Co. has a fifty-two week low of $1,067.36 and a fifty-two week high of $2,402.51. The company has a market capitalization of $57.32 billion, a price-to-earnings ratio of 115.11, a P/E/G ratio of 4.33 and a beta of 1.35.

Analyst Ratings Changes

A number of equities research analysts have weighed in on FICO shares. Needham & Company LLC lifted their price objective on 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 boosted their target price on shares of Fair Isaac from $1,700.00 to $2,000.00 and gave the company a “neutral” rating in a research note on Thursday, November 7th. UBS Group began coverage on shares of Fair Isaac in a research report on Tuesday, October 1st. They issued a “neutral” rating and a $2,100.00 price target on the stock. Barclays lifted 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 note on Thursday, November 7th. Finally, Oppenheimer lifted their price objective on Fair Isaac from $1,967.00 to $2,109.00 and gave the company an “outperform” rating in a research report on Tuesday, October 8th. Four investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to MarketBeat, Fair Isaac presently has an average rating of “Moderate Buy” and a consensus target price of $1,964.92.

Insider Transactions at Fair Isaac

In related news, EVP James M. Wehmann sold 3,500 shares of the business’s stock in a transaction on Thursday, November 21st. The shares were sold at an average price of $2,320.41, for a total value of $8,121,435.00. Following the sale, the executive vice president now directly owns 48,895 shares of the company’s stock, valued at approximately $113,456,446.95. The trade was a 6.68 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Joanna Rees sold 3,961 shares of Fair Isaac stock in a transaction dated Thursday, September 5th. The shares were sold at an average price of $1,750.00, for a total value of $6,931,750.00. The disclosure for this sale can be found here. Insiders have sold a total of 10,390 shares of company stock valued at $21,901,887 over the last three months. 3.54% of the stock is currently owned by corporate insiders.

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.