Teachers Retirement System of The State of Kentucky Purchases 3,861 Shares of Fair Isaac Co. (NYSE:FICO)

Teachers Retirement System of The State of Kentucky increased its position in Fair Isaac Co. (NYSE:FICOGet Rating) by 91.1% during the 1st quarter, HoldingsChannel.com reports. The fund owned 8,099 shares of the technology company’s stock after buying an additional 3,861 shares during the period. Teachers Retirement System of The State of Kentucky’s holdings in Fair Isaac were worth $3,778,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently bought and sold shares of FICO. Lindsell Train Ltd bought a new position in Fair Isaac in the 1st quarter worth $325,150,000. Kensico Capital Management Corp raised its holdings in Fair Isaac by 110.7% in the 4th quarter. Kensico Capital Management Corp now owns 308,900 shares of the technology company’s stock worth $133,961,000 after acquiring an additional 162,300 shares during the period. AKO Capital LLP increased its holdings in shares of Fair Isaac by 52.7% during the 1st quarter. AKO Capital LLP now owns 388,211 shares of the technology company’s stock worth $181,085,000 after purchasing an additional 133,949 shares during the period. Rivulet Capital LLC bought a new position in shares of Fair Isaac during the 1st quarter worth about $60,733,000. Finally, Aviva PLC increased its holdings in shares of Fair Isaac by 1,428.7% during the 1st quarter. Aviva PLC now owns 128,746 shares of the technology company’s stock worth $60,055,000 after purchasing an additional 120,324 shares during the period. Institutional investors own 86.95% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on the stock. Barclays boosted their price objective on shares of Fair Isaac from $450.00 to $535.00 and gave the stock an “overweight” rating in a report on Thursday, August 4th. TheStreet upgraded shares of Fair Isaac from a “c+” rating to a “b” rating in a report on Wednesday, August 31st. Finally, Robert W. Baird lifted their target price on shares of Fair Isaac from $493.00 to $546.00 in a research report on Thursday, August 4th. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Fair Isaac presently has an average rating of “Moderate Buy” and an average target price of $546.40.

Insider Activity

In other Fair Isaac news, Director Marc F. Mcmorris sold 516 shares of the business’s stock in a transaction dated Monday, August 15th. The shares were sold at an average price of $493.13, for a total value of $254,455.08. Following the transaction, the director now directly owns 242 shares in the company, valued at $119,337.46. The transaction was disclosed in a document filed with the SEC, which is available through this link. 3.27% of the stock is owned by company insiders.

Fair Isaac Stock Performance

Shares of Fair Isaac stock opened at $465.95 on Monday. The firm’s 50-day simple moving average is $461.35 and its 200-day simple moving average is $431.12. Fair Isaac Co. has a twelve month low of $340.48 and a twelve month high of $531.03. The firm has a market cap of $11.77 billion, a P/E ratio of 34.14 and a beta of 1.22.

Fair Isaac Profile

(Get Rating)

Fair Isaac Corporation develops analytic, software, and data management products and services that enable businesses to automate, enhance, and connect decisions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It operates through two segments, Scores and Software. The Software segment offers pre-configured decision management solution designed for various business problems or processes, such as marketing, account origination, customer management, customer engagement, fraud detection, financial crimes compliance, collection, and marketing, as well as associated professional services.

Further Reading

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Institutional Ownership by Quarter for Fair Isaac (NYSE:FICO)

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