ExodusPoint Capital Management LP Sells 208 Shares of Fair Isaac Co. (NYSE:FICO)

ExodusPoint Capital Management LP lowered its position in shares of Fair Isaac Co. (NYSE:FICO – Get Rating) by 19.7% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 846 shares of the technology company’s stock after selling 208 shares during the period. ExodusPoint Capital Management LP’s holdings in Fair Isaac were worth $349,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Korea Investment CORP grew its position in Fair Isaac by 15.9% during the 3rd quarter. Korea Investment CORP now owns 7,417 shares of the technology company’s stock worth $3,056,000 after acquiring an additional 1,017 shares during the last quarter. Mitsubishi UFJ Trust & Banking Corp grew its position in shares of Fair Isaac by 37.2% in the 3rd quarter. Mitsubishi UFJ Trust & Banking Corp now owns 25,054 shares of the technology company’s stock valued at $10,322,000 after buying an additional 6,789 shares during the last quarter. Amalgamated Bank grew its position in shares of Fair Isaac by 1.2% in the 3rd quarter. Amalgamated Bank now owns 19,427 shares of the technology company’s stock valued at $8,004,000 after buying an additional 230 shares during the last quarter. SVB Wealth LLC bought a new stake in shares of Fair Isaac in the 3rd quarter valued at about $342,000. Finally, Boston Partners bought a new stake in shares of Fair Isaac in the 3rd quarter valued at about $145,023,000. Institutional investors own 87.75% of the company’s stock.

Fair Isaac Stock Performance

FICO stock opened at $682.79 on Thursday. The stock’s 50 day simple moving average is $644.93 and its 200 day simple moving average is $547.73. Fair Isaac Co. has a fifty-two week low of $340.48 and a fifty-two week high of $710.00. The company has a market cap of $17.18 billion, a P/E ratio of 45.67 and a beta of 1.27.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on the company. StockNews.com lowered Fair Isaac from a “buy” rating to a “hold” rating in a research report on Sunday, November 13th. Jefferies Financial Group upped their price target on Fair Isaac from $715.00 to $745.00 and gave the company a “buy” rating in a research report on Friday, January 27th. Needham & Company LLC reissued a “buy” rating and issued a $780.00 price objective on shares of Fair Isaac in a research note on Monday, February 13th. Barclays boosted their price objective on Fair Isaac from $575.00 to $700.00 and gave the company an “overweight” rating in a research note on Friday, December 2nd. Finally, Robert W. Baird boosted their price objective on Fair Isaac from $537.00 to $655.00 and gave the company a “neutral” rating in a research note on Friday, January 27th. Three investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $727.43.

Insider Buying and Selling

In related news, Director Marc F. Mcmorris sold 2,030 shares of the company’s stock in a transaction that occurred on Wednesday, February 15th. The stock was sold at an average price of $701.53, for a total transaction of $1,424,105.90. Following the transaction, the director now directly owns 242 shares of the company’s stock, valued at approximately $169,770.26. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. In related news, Director Marc F. Mcmorris sold 2,030 shares of the company’s stock in a transaction that occurred on Wednesday, February 15th. The stock was sold at an average price of $701.53, for a total transaction of $1,424,105.90. Following the transaction, the director now directly owns 242 shares of the company’s stock, valued at approximately $169,770.26. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, EVP Thomas A. Bowers sold 13,491 shares of the business’s stock in a transaction that occurred on Tuesday, January 31st. The stock was sold at an average price of $650.85, for a total value of $8,780,617.35. Following the sale, the executive vice president now directly owns 1,815 shares of the company’s stock, valued at $1,181,292.75. The disclosure for this sale can be found here. In the last three months, insiders have sold 21,343 shares of company stock valued at $13,964,949. 3.37% of the stock is owned by company insiders.

Fair Isaac Company Profile

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Fair Isaac Corp. engages in the provision of decision management solutions. It operates through the following segments: Applications, Scores, and Decision Management Software. The Applications segment includes decision management applications designed for a type of business problem or process such as marketing, account origination, customer management, fraud, collections, and insurance claims management.