Coldstream Capital Management Inc. Trims Holdings in Fair Isaac Co. (NYSE:FICO)

Coldstream Capital Management Inc. reduced its stake in shares of Fair Isaac Co. (NYSE:FICO) by 3.7% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,325 shares of the technology company’s stock after selling 51 shares during the quarter. Coldstream Capital Management Inc.’s holdings in Fair Isaac were worth $2,591,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also added to or reduced their stakes in FICO. CWM LLC grew its holdings in Fair Isaac by 57.0% during the 2nd quarter. CWM LLC now owns 380 shares of the technology company’s stock valued at $566,000 after buying an additional 138 shares in the last quarter. Sequoia Financial Advisors LLC grew its holdings in Fair Isaac by 6.0% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 372 shares of the technology company’s stock valued at $554,000 after buying an additional 21 shares in the last quarter. Wedmont Private Capital grew its holdings in Fair Isaac by 11.0% during the 2nd quarter. Wedmont Private Capital now owns 253 shares of the technology company’s stock valued at $402,000 after buying an additional 25 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its holdings in Fair Isaac by 24.6% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 1,419 shares of the technology company’s stock valued at $2,112,000 after buying an additional 280 shares in the last quarter. Finally, Great Valley Advisor Group Inc. purchased a new stake in Fair Isaac during the 2nd quarter valued at approximately $529,000. 85.75% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other Fair Isaac news, EVP Thomas A. Bowers sold 2,680 shares of Fair Isaac stock in a transaction dated Monday, November 11th. The stock was sold at an average price of $2,338.21, for a total value of $6,266,402.80. Following the transaction, the executive vice president now owns 5,769 shares in the company, valued at $13,489,133.49. The trade was a 31.72 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Henry Tayloe Stansbury sold 249 shares of Fair Isaac 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 owns 92 shares in the company, valued at $215,146.60. This trade represents a 73.02 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 9,929 shares of company stock worth $23,278,612. Company insiders own 3.54% of the company’s stock.

Fair Isaac Trading Down 2.6 %

Shares of Fair Isaac stock opened at $2,170.00 on Wednesday. The firm has a market cap of $52.84 billion, a P/E ratio of 106.11, a P/E/G ratio of 4.37 and a beta of 1.36. Fair Isaac Co. has a 12 month low of $1,105.65 and a 12 month high of $2,402.51. The stock’s fifty day moving average price is $2,155.66 and its 200-day moving average price is $1,809.59.

Analysts Set New Price Targets

FICO has been the subject of a number of research analyst reports. Wells Fargo & Company increased their price objective on shares of Fair Isaac from $2,200.00 to $2,400.00 and gave the company an “overweight” rating in a report on Thursday, November 7th. The Goldman Sachs Group raised their target price on shares of Fair Isaac from $2,374.00 to $2,661.00 and gave the company a “buy” rating in a report on Thursday, December 5th. Robert W. Baird raised their price target on 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. Oppenheimer raised their price target on Fair Isaac from $2,324.00 to $2,515.00 and gave the stock an “outperform” rating in a research report on Monday, December 2nd. Finally, Needham & Company LLC raised their price target on Fair Isaac from $1,850.00 to $2,500.00 and gave the stock a “buy” rating in a research report on Thursday, November 7th. Four analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $2,022.67.

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.