JB Capital LLC Invests $204,000 in Fair Isaac Co. (NYSE:FICO)

JB Capital LLC purchased a new stake in Fair Isaac Co. (NYSE:FICO) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 102 shares of the technology company’s stock, valued at approximately $204,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Algert Global LLC increased its stake in Fair Isaac by 12.0% in the 2nd quarter. Algert Global LLC now owns 281 shares of the technology company’s stock worth $418,000 after purchasing an additional 30 shares during the period. NewEdge Advisors LLC increased its stake in Fair Isaac by 5.2% in the 2nd quarter. NewEdge Advisors LLC now owns 808 shares of the technology company’s stock worth $1,202,000 after purchasing an additional 40 shares during the period. Northwestern Mutual Wealth Management Co. increased its stake in Fair Isaac by 6.5% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 280 shares of the technology company’s stock worth $417,000 after purchasing an additional 17 shares during the period. Sanctuary Advisors LLC purchased a new position in Fair Isaac in the 2nd quarter worth approximately $3,211,000. Finally, Czech National Bank increased its stake in Fair Isaac by 6.1% in the 3rd quarter. Czech National Bank now owns 4,994 shares of the technology company’s stock worth $9,706,000 after purchasing an additional 285 shares during the period. Hedge funds and other institutional investors own 85.75% of the company’s stock.

Fair Isaac Stock Performance

Shares of NYSE:FICO opened at $1,826.98 on Tuesday. The company has a 50-day simple moving average of $2,060.00 and a 200-day simple moving average of $1,957.54. Fair Isaac Co. has a one year low of $1,105.65 and a one year high of $2,402.51. The stock has a market capitalization of $44.65 billion, a price-to-earnings ratio of 89.34, a PEG ratio of 3.45 and a beta of 1.39.

Insider Buying and Selling

In other news, CFO Steven P. Weber sold 139 shares of the business’s stock in a transaction dated Thursday, January 9th. The shares were sold at an average price of $1,964.42, for a total value of $273,054.38. Following the completion of the sale, the chief financial officer now owns 2,478 shares of the company’s stock, valued at approximately $4,867,832.76. The trade was a 5.31 % 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, 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 transaction of $582,298.95. Following the completion of the transaction, the director now directly owns 92 shares of the company’s stock, valued at $215,146.60. This trade represents a 73.02 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 13,589 shares of company stock worth $31,258,963. 3.46% of the stock is owned by insiders.

Analyst Ratings Changes

Several research firms recently weighed in on FICO. Wells Fargo & Company lifted their price target on Fair Isaac from $2,200.00 to $2,400.00 and gave the company an “overweight” rating in a research report on Thursday, November 7th. The Goldman Sachs Group lifted their price target on Fair Isaac from $2,374.00 to $2,661.00 and gave the company a “buy” rating in a research report on Thursday, December 5th. Royal Bank of Canada restated 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. UBS Group dropped their price target on Fair Isaac from $2,250.00 to $2,100.00 and set a “neutral” rating on the stock in a research report on Monday, January 27th. Finally, JPMorgan Chase & Co. started coverage on Fair Isaac in a research report on Friday, December 20th. They set a “neutral” rating and a $2,150.00 price target on the stock. Five equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $2,087.77.

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.