Tokio Marine Asset Management Co. Ltd. Buys 18 Shares of Fair Isaac Co. (NYSE:FICO)

Tokio Marine Asset Management Co. Ltd. raised its holdings in shares of Fair Isaac Co. (NYSE:FICO) by 2.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 802 shares of the technology company’s stock after purchasing an additional 18 shares during the quarter. Tokio Marine Asset Management Co. Ltd.’s holdings in Fair Isaac were worth $1,597,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the business. Algert Global LLC grew its position in Fair Isaac by 12.0% during 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 last quarter. NewEdge Advisors LLC lifted its position in Fair Isaac by 5.2% during the second quarter. NewEdge Advisors LLC now owns 808 shares of the technology company’s stock valued at $1,202,000 after buying an additional 40 shares during the period. Northwestern Mutual Wealth Management Co. raised its position in shares of 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 last quarter. Sanctuary Advisors LLC purchased a new position in shares of Fair Isaac in the 2nd quarter worth about $3,211,000. Finally, Czech National Bank raised its position in shares of 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 last quarter. 85.75% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Fair Isaac

In other Fair Isaac news, EVP James M. Wehmann sold 3,500 shares of the firm’s stock in a transaction on Thursday, November 21st. The stock was sold at an average price of $2,320.41, for a total transaction of $8,121,435.00. Following the completion of the transaction, the executive vice president now owns 48,895 shares of the company’s stock, valued at approximately $113,456,446.95. This trade represents a 6.68 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CFO Steven P. Weber sold 139 shares of the firm’s stock in a transaction 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 transaction, the chief financial officer now directly owns 2,478 shares of the company’s stock, valued at $4,867,832.76. The trade was a 5.31 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 13,589 shares of company stock valued at $31,258,963 in the last ninety days. Insiders own 3.46% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the company. Royal Bank of Canada reiterated a “sector perform” rating and issued a $2,040.00 price objective on shares of Fair Isaac in a report on Thursday, November 7th. UBS Group cut their price objective on Fair Isaac from $2,250.00 to $2,100.00 and set a “neutral” rating for the company in a research note on Monday, January 27th. 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 report on Thursday, November 7th. The Goldman Sachs Group upped 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, Wells Fargo & Company upped their price objective on Fair Isaac from $2,200.00 to $2,400.00 and gave the stock an “overweight” rating in a report on Thursday, November 7th. Five research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $2,087.77.

Fair Isaac Stock Performance

Fair Isaac stock opened at $1,826.98 on Tuesday. Fair Isaac Co. has a fifty-two week low of $1,105.65 and a fifty-two week high of $2,402.51. The company has a market capitalization of $44.65 billion, a P/E ratio of 89.34, a PEG ratio of 3.45 and a beta of 1.39. The stock has a 50-day simple moving average of $2,060.00 and a 200-day simple moving average of $1,957.54.

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.