Shilanski & Associates Inc. Has $3.17 Million Stock Position in Fair Isaac Co. (NYSE:FICO)

Shilanski & Associates Inc. lowered its stake in Fair Isaac Co. (NYSE:FICO) by 12.6% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 1,591 shares of the technology company’s stock after selling 229 shares during the period. Shilanski & Associates Inc.’s holdings in Fair Isaac were worth $3,168,000 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. Brighton Jones LLC lifted its stake in shares of Fair Isaac by 168.7% in the fourth quarter. Brighton Jones LLC now owns 481 shares of the technology company’s stock worth $958,000 after acquiring an additional 302 shares during the period. Secure Asset Management LLC grew its holdings in shares of Fair Isaac by 3.2% in the fourth quarter. Secure Asset Management LLC now owns 260 shares of the technology company’s stock valued at $518,000 after acquiring an additional 8 shares in the last quarter. Donoghue Forlines LLC bought a new position in shares of Fair Isaac during the 4th quarter valued at approximately $1,935,000. Barlow Wealth Partners Inc. raised its holdings in Fair Isaac by 2.6% in the fourth quarter. Barlow Wealth Partners Inc. now owns 4,744 shares of the technology company’s stock worth $9,633,000 after purchasing an additional 121 shares in the last quarter. Finally, Simon Quick Advisors LLC lifted its position in Fair Isaac by 10.2% during the fourth quarter. Simon Quick Advisors LLC now owns 119 shares of the technology company’s stock valued at $237,000 after buying an additional 11 shares during the period. Institutional investors own 85.75% of the company’s stock.

Insider Transactions at Fair Isaac

In related news, CFO Steven P. Weber sold 139 shares of the firm’s stock in a transaction that occurred on Thursday, January 9th. The stock was sold at an average price of $1,964.42, for a total transaction of $273,054.38. Following the completion of the sale, the chief financial officer now directly owns 2,478 shares of the company’s stock, valued at approximately $4,867,832.76. This trade represents a 5.31 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP James M. Wehmann sold 3,500 shares of the company’s stock in a transaction dated Thursday, November 21st. The stock was sold at an average price of $2,320.41, for a total transaction of $8,121,435.00. Following the completion of the transaction, the executive vice president now owns 48,895 shares in the company, valued at approximately $113,456,446.95. The trade was a 6.68 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 13,589 shares of company stock worth $31,258,963 in the last three months. Insiders own 3.54% of the company’s stock.

Analyst Ratings Changes

FICO has been the subject of several research reports. Needham & Company LLC increased their price target on shares of Fair Isaac from $1,850.00 to $2,500.00 and gave the stock a “buy” rating in a research note on Thursday, November 7th. JPMorgan Chase & Co. initiated coverage on Fair Isaac in a research note on Friday, December 20th. They set a “neutral” rating and a $2,150.00 price objective for the company. Wells Fargo & Company lifted their price target on Fair Isaac from $2,200.00 to $2,400.00 and gave the stock an “overweight” rating in a research report on Thursday, November 7th. Jefferies Financial Group upped their target price on shares of Fair Isaac from $2,250.00 to $2,275.00 and gave the stock a “buy” rating in a research note on Wednesday, January 15th. Finally, Robert W. Baird raised their price target on shares of Fair Isaac from $1,700.00 to $2,000.00 and gave the company a “neutral” rating in a report on Thursday, November 7th. Five investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat.com, Fair Isaac has an average rating of “Moderate Buy” and an average price target of $2,087.77.

Fair Isaac Trading Down 1.6 %

NYSE:FICO opened at $1,850.76 on Friday. The stock has a 50-day moving average price of $2,124.83 and a 200 day moving average price of $1,938.99. Fair Isaac Co. has a 12-month low of $1,105.65 and a 12-month high of $2,402.51. The stock has a market capitalization of $45.07 billion, a P/E ratio of 90.50, a P/E/G ratio of 3.46 and a beta of 1.40.

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.