Oak Thistle LLC Has $2.60 Million Stock Position in Fair Isaac Co. (NYSE:FICO)

Oak Thistle LLC grew its position in Fair Isaac Co. (NYSE:FICO) by 323.7% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,305 shares of the technology company’s stock after acquiring an additional 997 shares during the quarter. Fair Isaac accounts for about 0.8% of Oak Thistle LLC’s holdings, making the stock its 11th largest position. Oak Thistle LLC’s holdings in Fair Isaac were worth $2,598,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Unique Wealth LLC boosted its position in shares of Fair Isaac by 58.6% during the 4th quarter. Unique Wealth LLC now owns 257 shares of the technology company’s stock valued at $512,000 after acquiring an additional 95 shares in the last quarter. Miracle Mile Advisors LLC raised its position in Fair Isaac by 4.7% in the fourth quarter. Miracle Mile Advisors LLC now owns 908 shares of the technology company’s stock worth $1,808,000 after purchasing an additional 41 shares in the last quarter. Sunflower Bank N.A. lifted its stake in Fair Isaac by 12.6% during the fourth quarter. Sunflower Bank N.A. now owns 179 shares of the technology company’s stock worth $356,000 after purchasing an additional 20 shares during the period. Brookstone Capital Management acquired a new stake in Fair Isaac during the fourth quarter valued at approximately $206,000. Finally, Threadgill Financial LLC bought a new stake in shares of Fair Isaac in the 4th quarter valued at approximately $354,000. Institutional investors and hedge funds own 85.75% of the company’s stock.

Fair Isaac Trading Up 1.7 %

Shares of FICO stock opened at $1,945.05 on Wednesday. Fair Isaac Co. has a 1 year low of $1,105.65 and a 1 year high of $2,402.51. The firm’s 50 day moving average is $2,177.19 and its 200-day moving average is $1,922.41. The firm has a market capitalization of $47.36 billion, a price-to-earnings ratio of 95.11, a PEG ratio of 4.00 and a beta of 1.40.

Insider Buying and Selling

In other Fair Isaac news, EVP Thomas A. Bowers sold 2,680 shares of the business’s stock in a transaction dated Monday, November 11th. The stock was sold at an average price of $2,338.21, for a total transaction of $6,266,402.80. Following the completion of the sale, the executive vice president now directly owns 5,769 shares of the company’s stock, valued at approximately $13,489,133.49. The trade was a 31.72 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CFO Steven P. Weber sold 139 shares of the company’s stock in a transaction dated Thursday, January 9th. The shares were sold at an average price of $1,964.42, for a total transaction of $273,054.38. Following the transaction, the chief financial officer now owns 2,478 shares in the company, valued at approximately $4,867,832.76. The trade was a 5.31 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 13,589 shares of company stock worth $31,258,963 in the last quarter. Insiders own 3.54% of the company’s stock.

Wall Street Analyst Weigh In

FICO has been the subject of several analyst reports. Oppenheimer cut their target price on Fair Isaac from $2,515.00 to $2,409.00 and set an “outperform” rating for the company in a research report on Tuesday, January 7th. UBS Group initiated coverage on Fair Isaac in a report on Tuesday, October 1st. They set a “neutral” rating and a $2,100.00 price objective for the company. Needham & Company LLC boosted their target price on shares of Fair Isaac from $1,850.00 to $2,500.00 and gave the company a “buy” rating in a research note on Thursday, November 7th. JPMorgan Chase & Co. started coverage on shares of Fair Isaac in a research report on Friday, December 20th. They set a “neutral” rating and a $2,150.00 target price for the company. Finally, Wells Fargo & Company lifted their price target on shares of Fair Isaac from $2,200.00 to $2,400.00 and gave the company an “overweight” rating in a report on Thursday, November 7th. Five investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $2,024.31.

Fair Isaac 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.