149 Shares in Fair Isaac Co. (NYSE:FICO) Acquired by World Investment Advisors LLC

World Investment Advisors LLC purchased a new stake in Fair Isaac Co. (NYSE:FICO) in the 3rd quarter, Holdings Channel.com reports. The fund purchased 149 shares of the technology company’s stock, valued at approximately $290,000.

Other large investors also recently made changes to their positions in the company. Assenagon Asset Management S.A. boosted its position in shares of Fair Isaac by 33.2% in the second quarter. Assenagon Asset Management S.A. now owns 1,559 shares of the technology company’s stock worth $2,321,000 after acquiring an additional 389 shares during the last quarter. Fifth Third Bancorp grew its stake in shares of Fair Isaac by 26.4% during the 2nd quarter. Fifth Third Bancorp now owns 287 shares of the technology company’s stock valued at $427,000 after buying an additional 60 shares during the period. Fifth Third Wealth Advisors LLC acquired a new stake in shares of Fair Isaac during the 2nd quarter worth $372,000. &PARTNERS purchased a new position in shares of Fair Isaac in the 2nd quarter worth $563,000. Finally, Secure Asset Management LLC acquired a new position in Fair Isaac in the second quarter valued at $370,000. Hedge funds and other institutional investors own 85.75% of the company’s stock.

Fair Isaac Price Performance

NYSE:FICO opened at $2,051.10 on Thursday. Fair Isaac Co. has a 1-year low of $1,105.65 and a 1-year high of $2,402.51. The stock has a market cap of $49.94 billion, a P/E ratio of 100.30, a PEG ratio of 4.05 and a beta of 1.36. The firm has a 50-day moving average of $2,178.75 and a two-hundred day moving average of $1,840.20.

Wall Street Analysts Forecast Growth

Several brokerages have commented on FICO. Wells Fargo & Company upped their price target on Fair Isaac from $2,200.00 to $2,400.00 and gave the stock an “overweight” rating in a research note on Thursday, November 7th. Needham & Company LLC increased their target price on shares of 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. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $2,040.00 price target on shares of Fair Isaac in a research report on Thursday, November 7th. The Goldman Sachs Group increased their price objective on shares of Fair Isaac from $2,374.00 to $2,661.00 and gave the stock a “buy” rating in a research report on Thursday, December 5th. Finally, 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 report on Thursday, November 7th. Four investment analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $2,022.67.

Insider Activity at Fair Isaac

In other news, EVP Thomas A. Bowers sold 2,680 shares of the business’s stock in a transaction dated Monday, November 11th. The shares were 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 owns 5,769 shares of the company’s stock, valued at approximately $13,489,133.49. The trade was a 31.72 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP James M. Wehmann sold 3,500 shares of the company’s stock in a transaction dated Thursday, December 5th. The shares were sold at an average price of $2,373.85, for a total transaction of $8,308,475.00. Following the completion of the sale, the executive vice president now owns 45,395 shares in the company, valued at approximately $107,760,920.75. This trade represents a 7.16 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 12,930 shares of company stock valued at $29,866,572. Insiders own 3.54% of the company’s stock.

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.