Pacifica Partners Inc. Sells 20 Shares of Fair Isaac Co. (NYSE:FICO)

Pacifica Partners Inc. reduced its position in shares of Fair Isaac Co. (NYSE:FICO) by 22.2% in the 4th quarter, Holdings Channel reports. The institutional investor owned 70 shares of the technology company’s stock after selling 20 shares during the quarter. Pacifica Partners Inc.’s holdings in Fair Isaac were worth $140,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Capital Performance Advisors LLP acquired a new position in Fair Isaac during the 3rd quarter worth approximately $25,000. True Wealth Design LLC boosted its holdings in Fair Isaac by 900.0% during the third quarter. True Wealth Design LLC now owns 20 shares of the technology company’s stock worth $39,000 after purchasing an additional 18 shares during the last quarter. Meeder Asset Management Inc. grew its position in Fair Isaac by 37.5% in the third quarter. Meeder Asset Management Inc. now owns 22 shares of the technology company’s stock valued at $43,000 after purchasing an additional 6 shares in the last quarter. Versant Capital Management Inc increased its stake in Fair Isaac by 500.0% in the 4th quarter. Versant Capital Management Inc now owns 24 shares of the technology company’s stock valued at $48,000 after buying an additional 20 shares during the last quarter. Finally, Covestor Ltd lifted its position in Fair Isaac by 30.0% during the 3rd quarter. Covestor Ltd now owns 26 shares of the technology company’s stock worth $52,000 after buying an additional 6 shares in the last quarter. 85.75% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the company. Oppenheimer lowered their target price on Fair Isaac from $2,515.00 to $2,409.00 and set an “outperform” rating on the stock in a research report on Tuesday, January 7th. Robert W. Baird boosted 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. Needham & Company LLC increased 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. JPMorgan Chase & Co. assumed coverage on shares of Fair Isaac in a report on Friday, December 20th. They set a “neutral” rating and a $2,150.00 target price on the stock. Finally, Barclays lifted their price objective 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. Five investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. According to MarketBeat.com, Fair Isaac currently has an average rating of “Moderate Buy” and a consensus target price of $2,024.31.

Insider Transactions at Fair Isaac

In other news, EVP James M. Wehmann sold 3,500 shares of Fair Isaac stock in a transaction that occurred 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 completion of the sale, the executive vice president now directly owns 48,895 shares in the company, valued at approximately $113,456,446.95. The trade was a 6.68 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Steven P. Weber sold 139 shares of the stock in a transaction that occurred on Thursday, January 9th. The stock was sold at an average price of $1,964.42, for a total value of $273,054.38. Following the sale, the chief financial officer now directly owns 2,478 shares in the company, valued at $4,867,832.76. This represents a 5.31 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 13,589 shares of company stock valued at $31,258,963. 3.54% of the stock is currently owned by corporate insiders.

Fair Isaac Trading Up 1.7 %

Shares of NYSE FICO opened at $1,945.05 on Wednesday. The business’s 50 day moving average is $2,177.19 and its 200-day moving average is $1,922.41. The firm has a market cap of $47.36 billion, a P/E ratio of 95.11, a price-to-earnings-growth ratio of 4.00 and a beta of 1.40. Fair Isaac Co. has a 1-year low of $1,105.65 and a 1-year high of $2,402.51.

About Fair Isaac

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.