Resonant Capital Advisors LLC Has $609,000 Position in Fair Isaac Co. (NYSE:FICO)

Resonant Capital Advisors LLC boosted its stake in shares of Fair Isaac Co. (NYSE:FICO) by 2.0% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 306 shares of the technology company’s stock after purchasing an additional 6 shares during the quarter. Resonant Capital Advisors LLC’s holdings in Fair Isaac were worth $609,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of FICO. Algert Global LLC boosted its position in shares of Fair Isaac by 12.0% in the second quarter. Algert Global LLC now owns 281 shares of the technology company’s stock valued at $418,000 after acquiring an additional 30 shares during the period. NewEdge Advisors LLC boosted its position in shares of Fair Isaac by 5.2% in the second quarter. NewEdge Advisors LLC now owns 808 shares of the technology company’s stock valued at $1,202,000 after acquiring an additional 40 shares during the period. Northwestern Mutual Wealth Management Co. boosted its position in shares of Fair Isaac by 6.5% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 280 shares of the technology company’s stock valued at $417,000 after acquiring an additional 17 shares during the period. Sanctuary Advisors LLC bought a new stake in shares of Fair Isaac in the second quarter valued at approximately $3,211,000. Finally, Czech National Bank boosted its position in shares of Fair Isaac by 6.1% in the third quarter. Czech National Bank now owns 4,994 shares of the technology company’s stock valued at $9,706,000 after acquiring an additional 285 shares during the period. 85.75% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other news, EVP Thomas A. Bowers sold 2,680 shares of the firm’s stock in a transaction on 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 in the company, valued at approximately $13,489,133.49. This trade represents a 31.72 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director Henry Tayloe Stansbury sold 249 shares of the firm’s stock in a transaction on 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 sale, the director now owns 92 shares of the company’s stock, valued at approximately $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. Insiders sold 13,589 shares of company stock worth $31,258,963 over the last three months. 3.46% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the company. Jefferies Financial Group raised their target price on Fair Isaac from $2,250.00 to $2,275.00 and gave the stock a “buy” rating in a research report on Wednesday, January 15th. Barclays raised their target price 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. Wells Fargo & Company raised their target price on Fair Isaac from $2,200.00 to $2,400.00 and gave the stock an “overweight” rating in a research report on Thursday, November 7th. JPMorgan Chase & Co. assumed coverage on Fair Isaac in a research report on Friday, December 20th. They issued a “neutral” rating and a $2,150.00 target price for the company. Finally, Robert W. Baird raised their target price 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. Five research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $2,087.77.

Fair Isaac Price Performance

Fair Isaac stock opened at $1,826.98 on Tuesday. The stock has a fifty day moving average price of $2,060.00 and a two-hundred day moving average price of $1,957.54. Fair Isaac Co. has a 52-week low of $1,105.65 and a 52-week high of $2,402.51. The firm has a market capitalization of $44.65 billion, a P/E ratio of 89.34, a P/E/G ratio of 3.45 and a beta of 1.39.

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.