LPL Financial LLC Acquires 228 Shares of Fair Isaac Co. (NYSE:FICO)

LPL Financial LLC lifted its holdings in shares of Fair Isaac Co. (NYSE:FICO – Get Rating) by 6.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,897 shares of the technology company’s stock after purchasing an additional 228 shares during the period. LPL Financial LLC’s holdings in Fair Isaac were worth $2,333,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Shell Asset Management Co. raised its stake in Fair Isaac by 2.2% in the 4th quarter. Shell Asset Management Co. now owns 4,146 shares of the technology company’s stock valued at $2,482,000 after acquiring an additional 90 shares during the period. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. grew its stake in Fair Isaac by 9.7% in the 4th quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 8,170 shares of the technology company’s stock valued at $4,830,000 after buying an additional 722 shares in the last quarter. Savant Capital LLC grew its stake in Fair Isaac by 38.5% in the 4th quarter. Savant Capital LLC now owns 730 shares of the technology company’s stock valued at $437,000 after buying an additional 203 shares in the last quarter. Robeco Institutional Asset Management B.V. grew its stake in Fair Isaac by 9.7% in the 4th quarter. Robeco Institutional Asset Management B.V. now owns 99,673 shares of the technology company’s stock valued at $59,662,000 after buying an additional 8,803 shares in the last quarter. Finally, Los Angeles Capital Management LLC grew its stake in Fair Isaac by 24.5% in the 4th quarter. Los Angeles Capital Management LLC now owns 31,731 shares of the technology company’s stock valued at $18,994,000 after buying an additional 6,240 shares in the last quarter. 87.75% of the stock is currently owned by institutional investors.

Fair Isaac Stock Down 1.3 %

Shares of Fair Isaac stock opened at $755.79 on Monday. The firm has a market cap of $18.89 billion, a PE ratio of 50.39 and a beta of 1.27. Fair Isaac Co. has a 12-month low of $371.52 and a 12-month high of $768.79. The company’s fifty day simple moving average is $708.86 and its two-hundred day simple moving average is $653.54.

Insider Transactions at Fair Isaac

In other news, EVP Stephanie Covert sold 1,335 shares of Fair Isaac stock in a transaction that occurred on Tuesday, May 2nd. The stock was sold at an average price of $740.34, for a total value of $988,353.90. Following the sale, the executive vice president now directly owns 8,067 shares in the company, valued at approximately $5,972,322.78. The sale was disclosed in a filing with the SEC, which is available through this link. Corporate insiders own 3.37% of the company’s stock.

Analyst Ratings Changes

FICO has been the topic of a number of recent analyst reports. Jefferies Financial Group increased their price target on shares of Fair Isaac from $745.00 to $875.00 in a report on Tuesday, May 2nd. Barclays raised their target price on shares of Fair Isaac from $700.00 to $820.00 in a research note on Friday, April 28th. Deutsche Bank Aktiengesellschaft raised their target price on shares of Fair Isaac from $743.00 to $759.00 in a research note on Friday, April 28th. StockNews.com started coverage on shares of Fair Isaac in a research note on Thursday. They issued a “hold” rating on the stock. Finally, Royal Bank of Canada lifted their price target on shares of Fair Isaac from $463.00 to $685.00 and gave the stock a “sector perform” 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. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $778.71.

Fair Isaac 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.