Metis Global Partners LLC Decreases Stock Holdings in Fair Isaac Co. (NYSE:FICO)

Metis Global Partners LLC lessened its stake in Fair Isaac Co. (NYSE:FICO) by 11.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,031 shares of the technology company’s stock after selling 137 shares during the period. Metis Global Partners LLC’s holdings in Fair Isaac were worth $1,200,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in FICO. McGlone Suttner Wealth Management Inc. purchased a new position in shares of Fair Isaac during the 4th quarter worth $35,000. First Horizon Advisors Inc. lifted its position in Fair Isaac by 28.1% during the fourth quarter. First Horizon Advisors Inc. now owns 41 shares of the technology company’s stock valued at $48,000 after purchasing an additional 9 shares in the last quarter. GAMMA Investing LLC bought a new stake in Fair Isaac during the fourth quarter valued at about $50,000. Headlands Technologies LLC purchased a new stake in Fair Isaac in the third quarter worth about $42,000. Finally, Assetmark Inc. bought a new position in shares of Fair Isaac in the third quarter worth about $44,000. 85.75% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Fair Isaac

In related news, CEO William J. Lansing sold 8,000 shares of Fair Isaac stock in a transaction dated Tuesday, March 19th. The shares were sold at an average price of $1,225.93, for a total transaction of $9,807,440.00. Following the completion of the transaction, the chief executive officer now directly owns 20,638 shares of the company’s stock, valued at approximately $25,300,743.34. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. In the last 90 days, insiders have sold 24,000 shares of company stock worth $29,011,120. Company insiders own 3.54% of the company’s stock.

Fair Isaac Price Performance

Shares of FICO stock opened at $1,249.59 on Thursday. The company has a market cap of $30.88 billion, a PE ratio of 65.60, a price-to-earnings-growth ratio of 3.21 and a beta of 1.24. The stock’s 50 day simple moving average is $1,223.96 and its two-hundred day simple moving average is $1,166.87. Fair Isaac Co. has a 1 year low of $733.75 and a 1 year high of $1,349.75.

Wall Street Analyst Weigh In

Several analysts recently issued reports on FICO shares. Redburn Atlantic began coverage on Fair Isaac in a research note on Tuesday, April 16th. They set a “neutral” rating and a $1,113.00 target price on the stock. Needham & Company LLC reaffirmed a “buy” rating and set a $1,500.00 target price on shares of Fair Isaac in a research note on Monday, April 22nd. Jefferies Financial Group increased their price objective on shares of Fair Isaac from $1,210.00 to $1,450.00 and gave the company a “buy” rating in a report on Wednesday, January 17th. Barclays lifted their target price on Fair Isaac from $1,234.00 to $1,500.00 and gave the stock an “overweight” rating in a report on Friday, January 26th. Finally, Raymond James increased their price target on Fair Isaac from $1,413.00 to $1,418.00 and gave the company an “outperform” rating in a research note on Friday, April 26th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and six have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $1,224.40.

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.