DRW Securities LLC Sells 168 Shares of Fair Isaac Co. (NYSE:FICO)

DRW Securities LLC trimmed its holdings in shares of Fair Isaac Co. (NYSE:FICO) by 60.4% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 110 shares of the technology company’s stock after selling 168 shares during the quarter. DRW Securities LLC’s holdings in Fair Isaac were worth $214,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in FICO. Swedbank AB raised its stake in shares of Fair Isaac by 11.5% in the 3rd quarter. Swedbank AB now owns 9,822 shares of the technology company’s stock valued at $19,089,000 after acquiring an additional 1,013 shares in the last quarter. Great Valley Advisor Group Inc. bought a new position in shares of Fair Isaac in the second quarter valued at approximately $529,000. Harvest Fund Management Co. Ltd lifted its stake in shares of Fair Isaac by 86.3% in the third quarter. Harvest Fund Management Co. Ltd now owns 760 shares of the technology company’s stock worth $1,477,000 after buying an additional 352 shares during the last quarter. Czech National Bank boosted its holdings in shares of Fair Isaac by 7.7% during the 2nd quarter. Czech National Bank now owns 4,709 shares of the technology company’s stock worth $7,010,000 after buying an additional 337 shares during the period. Finally, Intech Investment Management LLC boosted its holdings in shares of Fair Isaac by 3.6% during the 3rd quarter. Intech Investment Management LLC now owns 23,208 shares of the technology company’s stock worth $45,105,000 after buying an additional 815 shares during the period. Institutional investors and hedge funds own 85.75% of the company’s stock.

Insider Buying and Selling at Fair Isaac

In other Fair Isaac news, Director Henry Tayloe Stansbury sold 249 shares of Fair Isaac stock in a transaction that occurred on Monday, November 11th. The stock was sold at an average price of $2,338.55, for a total transaction of $582,298.95. Following the sale, the director now directly owns 92 shares of the company’s stock, valued at approximately $215,146.60. The trade was a 73.02 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Joanna Rees sold 3,961 shares of the stock in a transaction that occurred on Thursday, September 5th. The stock was sold at an average price of $1,750.00, for a total value of $6,931,750.00. The disclosure for this sale can be found here. Insiders have sold 10,390 shares of company stock valued at $21,901,887 in the last 90 days. 3.54% of the stock is currently owned by company insiders.

Fair Isaac Trading Down 1.2 %

FICO opened at $2,354.00 on Thursday. The stock has a market cap of $57.32 billion, a PE ratio of 115.11, a P/E/G ratio of 4.34 and a beta of 1.35. Fair Isaac Co. has a 1 year low of $1,067.36 and a 1 year high of $2,402.51. The stock’s 50 day simple moving average is $2,074.84 and its 200-day simple moving average is $1,742.79.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on the stock. The Goldman Sachs Group boosted their target price on shares of Fair Isaac from $2,130.00 to $2,374.00 and gave the stock a “buy” rating in a research report on Thursday, November 7th. Barclays boosted their price objective on Fair Isaac from $2,150.00 to $2,350.00 and gave the stock an “overweight” rating in a research report on Thursday, November 7th. UBS Group initiated coverage on Fair Isaac in a report on Tuesday, October 1st. They issued a “neutral” rating and a $2,100.00 target price on the stock. Royal Bank of Canada reiterated a “sector perform” rating and set a $2,040.00 price target on shares of Fair Isaac in a report on Thursday, November 7th. Finally, Robert W. Baird raised their price objective 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. Four investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $1,964.92.

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.