Oddo BHF Asset Management Sas Acquires New Shares in Fair Isaac Co. (NYSE:FICO)

Oddo BHF Asset Management Sas acquired a new stake in Fair Isaac Co. (NYSE:FICO) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 1,644 shares of the technology company’s stock, valued at approximately $3,195,000.

Several other hedge funds have also recently bought and sold shares of FICO. Capital Performance Advisors LLP purchased a new position in Fair Isaac in the 3rd quarter valued at approximately $25,000. Tortoise Investment Management LLC increased its position 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 buying an additional 9 shares in the last quarter. Family Firm Inc. purchased a new position in Fair Isaac during the second quarter worth $34,000. True Wealth Design LLC increased its position 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 buying an additional 18 shares in the last quarter. Finally, Meeder Asset Management Inc. increased its position 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 buying an additional 6 shares in the last quarter. 85.75% of the stock is owned by hedge funds and other institutional investors.

Fair Isaac Trading Down 0.2 %

FICO stock opened at $2,190.92 on Friday. The stock has a 50-day moving average price of $2,165.82 and a two-hundred day moving average price of $1,814.89. Fair Isaac Co. has a 12-month low of $1,105.65 and a 12-month high of $2,402.51. The company has a market cap of $53.35 billion, a PE ratio of 107.14, a price-to-earnings-growth ratio of 4.05 and a beta of 1.36.

Insider Buying and Selling at Fair Isaac

In other news, EVP James M. Wehmann sold 3,500 shares of the company’s stock in a transaction dated Thursday, December 5th. The stock was sold at an average price of $2,373.85, for a total value of $8,308,475.00. Following the completion of the sale, the executive vice president now owns 45,395 shares of the company’s stock, valued at $107,760,920.75. This represents a 7.16 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Thomas A. Bowers sold 2,680 shares of the company’s 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 completion of the sale, the executive vice president now directly owns 5,769 shares of the company’s stock, valued at $13,489,133.49. The trade was a 31.72 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 9,930 shares of company stock valued at $23,281,002. Company insiders own 3.54% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have weighed in on FICO shares. 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. Barclays raised their price target on 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. 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. The Goldman Sachs Group raised their price objective on Fair Isaac from $2,374.00 to $2,661.00 and gave the stock a “buy” rating in a report on Thursday, December 5th. Finally, Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $2,040.00 price objective on shares of Fair Isaac 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 company’s stock. Based on data from MarketBeat.com, Fair Isaac presently has an average rating of “Moderate Buy” and an average target price of $2,022.67.

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.