Hantz Financial Services Inc. Decreases Holdings in Fair Isaac Co. (NYSE:FICO)

Hantz Financial Services Inc. lowered its holdings in Fair Isaac Co. (NYSE:FICO) by 40.9% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 1,120 shares of the technology company’s stock after selling 775 shares during the quarter. Hantz Financial Services Inc.’s holdings in Fair Isaac were worth $2,230,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in FICO. Smith Group Asset Management LLC purchased a new position in Fair Isaac in the fourth quarter valued at approximately $273,000. Robeco Institutional Asset Management B.V. raised its stake in Fair Isaac by 26.0% during the 4th quarter. Robeco Institutional Asset Management B.V. now owns 29,444 shares of the technology company’s stock worth $58,621,000 after acquiring an additional 6,083 shares in the last quarter. R Squared Ltd purchased a new stake in Fair Isaac in the fourth quarter valued at $299,000. SteelPeak Wealth LLC acquired a new position in Fair Isaac in the fourth quarter valued at $219,000. Finally, Perigon Wealth Management LLC grew its holdings in shares of Fair Isaac by 8.3% during the fourth quarter. Perigon Wealth Management LLC now owns 130 shares of the technology company’s stock worth $256,000 after purchasing an additional 10 shares during the last quarter. Institutional investors and hedge funds own 85.75% of the company’s stock.

Insider Buying and Selling

In related news, EVP Thomas A. Bowers sold 2,680 shares of Fair Isaac stock in a transaction on 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 transaction, 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 ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, CFO Steven P. Weber sold 139 shares of the business’s stock in a transaction on Thursday, January 9th. The stock was sold at an average price of $1,964.42, for a total value of $273,054.38. Following the sale, 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 have sold 13,589 shares of company stock valued at $31,258,963 over the last quarter. Company insiders own 3.54% of the company’s stock.

Fair Isaac Trading Up 0.3 %

NYSE FICO opened at $1,865.69 on Friday. The business’s 50 day moving average is $2,080.30 and its two-hundred day moving average is $1,949.02. The stock has a market capitalization of $45.43 billion, a price-to-earnings ratio of 91.23, a PEG ratio of 3.46 and a beta of 1.40. Fair Isaac Co. has a 12-month low of $1,105.65 and a 12-month high of $2,402.51.

Wall Street Analyst Weigh In

FICO has been the subject of several research reports. Jefferies Financial Group boosted their target price on Fair Isaac from $2,250.00 to $2,275.00 and gave the company a “buy” rating in a report on Wednesday, January 15th. UBS Group decreased their price objective on Fair Isaac from $2,250.00 to $2,100.00 and set a “neutral” rating for the company in a report on Monday. The Goldman Sachs Group lifted their target price on shares of Fair Isaac from $2,374.00 to $2,661.00 and gave the company a “buy” rating in a report on Thursday, December 5th. Robert W. Baird increased their price target on shares of Fair Isaac from $1,700.00 to $2,000.00 and gave the stock a “neutral” rating in a research note on Thursday, November 7th. Finally, Oppenheimer dropped their price objective on shares of Fair Isaac from $2,515.00 to $2,409.00 and set an “outperform” rating on the stock in a research note on Tuesday, January 7th. Five investment analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat, Fair Isaac has an average rating of “Moderate Buy” and an average target price of $2,087.77.

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.