Quadrant Capital Group LLC Has $377,000 Position in Fair Isaac Co. (NYSE:FICO)

Quadrant Capital Group LLC reduced its holdings in Fair Isaac Co. (NYSE:FICO) by 8.8% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 466 shares of the technology company’s stock after selling 45 shares during the period. Quadrant Capital Group LLC’s holdings in Fair Isaac were worth $377,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Ethic Inc. lifted its holdings in Fair Isaac by 111.7% in the first quarter. Ethic Inc. now owns 944 shares of the technology company’s stock valued at $663,000 after buying an additional 498 shares during the period. Raleigh Capital Management Inc. lifted its holdings in Fair Isaac by 34.2% in the first quarter. Raleigh Capital Management Inc. now owns 51 shares of the technology company’s stock valued at $36,000 after buying an additional 13 shares during the period. Ascendant Capital Management LLC lifted its holdings in Fair Isaac by 7.7% in the first quarter. Ascendant Capital Management LLC now owns 1,400 shares of the technology company’s stock valued at $984,000 after buying an additional 100 shares during the period. Mitsubishi UFJ Trust & Banking Corp raised its holdings in Fair Isaac by 2.7% in the first quarter. Mitsubishi UFJ Trust & Banking Corp now owns 25,446 shares of the technology company’s stock worth $17,881,000 after purchasing an additional 670 shares during the period. Finally, Apollon Wealth Management LLC raised its holdings in Fair Isaac by 11.5% in the second quarter. Apollon Wealth Management LLC now owns 541 shares of the technology company’s stock worth $438,000 after purchasing an additional 56 shares during the period. 85.17% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Fair Isaac

In related news, Director Braden R. Kelly sold 3,308 shares of the firm’s stock in a transaction on Thursday, November 16th. The shares were sold at an average price of $1,035.50, for a total value of $3,425,434.00. Following the completion of the transaction, the director now owns 10,143 shares of the company’s stock, valued at $10,503,076.50. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In related news, Director Braden R. Kelly sold 3,308 shares of the firm’s stock in a transaction on Thursday, November 16th. The shares were sold at an average price of $1,035.50, for a total value of $3,425,434.00. Following the completion of the transaction, the director now owns 10,143 shares of the company’s stock, valued at $10,503,076.50. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, EVP James M. Wehmann sold 2,836 shares of the firm’s stock in a transaction on Friday, September 1st. The shares were sold at an average price of $904.38, for a total transaction of $2,564,821.68. Following the completion of the transaction, the executive vice president now directly owns 44,572 shares of the company’s stock, valued at approximately $40,310,025.36. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 19,268 shares of company stock valued at $18,182,760. Corporate insiders own 3.37% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have weighed in on FICO. Royal Bank of Canada reiterated a “sector perform” rating and issued a $875.00 target price on shares of Fair Isaac in a report on Thursday, November 9th. Raymond James increased their target price on shares of Fair Isaac from $975.00 to $1,029.00 and gave the stock an “outperform” rating in a report on Thursday, November 9th. Wells Fargo & Company began coverage on shares of Fair Isaac in a report on Wednesday, November 8th. They issued an “overweight” rating and a $1,120.00 target price on the stock. HSBC began coverage on shares of Fair Isaac in a report on Friday, September 29th. They issued a “reduce” rating and a $729.00 target price on the stock. Finally, Barclays increased their target price on shares of Fair Isaac from $950.00 to $1,234.00 and gave the stock an “overweight” rating in a report on Tuesday, November 14th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and seven have given a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $936.80.

Fair Isaac Stock Up 0.8 %

Shares of NYSE:FICO opened at $1,042.27 on Friday. The firm has a market cap of $25.76 billion, a price-to-earnings ratio of 61.56, a PEG ratio of 2.94 and a beta of 1.18. Fair Isaac Co. has a 12 month low of $568.38 and a 12 month high of $1,046.45. The company’s fifty day simple moving average is $906.12 and its 200 day simple moving average is $846.07.

About Fair Isaac

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.