Intech Investment Management LLC Sells 39 Shares of Fair Isaac Co. (NYSE:FICO)

Intech Investment Management LLC reduced its holdings in shares of Fair Isaac Co. (NYSE:FICO – Get Rating) by 1.8% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,119 shares of the technology company’s stock after selling 39 shares during the quarter. Intech Investment Management LLC’s holdings in Fair Isaac were worth $1,268,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in FICO. First Trust Advisors LP grew its holdings in shares of Fair Isaac by 80.8% in the 4th quarter. First Trust Advisors LP now owns 15,335 shares of the technology company’s stock valued at $9,179,000 after acquiring an additional 6,851 shares in the last quarter. Victory Capital Management Inc. grew its stake in shares of Fair Isaac by 17.6% in the fourth quarter. Victory Capital Management Inc. now owns 67,994 shares of the technology company’s stock valued at $44,314,000 after buying an additional 10,191 shares in the last quarter. Dimensional Fund Advisors LP grew its stake in shares of Fair Isaac by 0.8% in the fourth quarter. Dimensional Fund Advisors LP now owns 172,372 shares of the technology company’s stock valued at $103,180,000 after buying an additional 1,437 shares in the last quarter. Achmea Investment Management B.V. grew its stake in shares of Fair Isaac by 52.1% in the fourth quarter. Achmea Investment Management B.V. now owns 5,921 shares of the technology company’s stock valued at $3,321,000 after buying an additional 2,029 shares in the last quarter. Finally, Aviva PLC grew its stake in shares of Fair Isaac by 6.5% in the fourth quarter. Aviva PLC now owns 145,985 shares of the technology company’s stock valued at $87,384,000 after buying an additional 8,883 shares in the last quarter. 87.75% of the stock is owned by institutional investors.

Fair Isaac Price Performance

Shares of NYSE FICO opened at $755.79 on Friday. The business has a fifty day moving average price of $708.86 and a two-hundred day moving average price of $652.10. The stock has a market capitalization of $18.89 billion, a PE ratio of 50.39 and a beta of 1.27. Fair Isaac Co. has a fifty-two week low of $371.52 and a fifty-two week high of $768.79.

Insider Activity at Fair Isaac

In other Fair Isaac news, EVP Stephanie Covert sold 1,335 shares of the stock in a transaction dated Tuesday, May 2nd. The shares were sold at an average price of $740.34, for a total transaction of $988,353.90. Following the sale, the executive vice president now directly owns 8,067 shares in the company, valued at $5,972,322.78. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 3.37% of the stock is owned by insiders.

Analyst Ratings Changes

Several equities analysts recently weighed in on the stock. Royal Bank of Canada raised their target price on shares of Fair Isaac from $463.00 to $685.00 and gave the company a “sector perform” rating in a research note on Friday, January 27th. Deutsche Bank Aktiengesellschaft lifted their price target on Fair Isaac from $743.00 to $759.00 in a report on Friday, April 28th. 3M reaffirmed a “maintains” rating on shares of Fair Isaac in a research report on Friday, April 28th. The Goldman Sachs Group lifted their price objective on shares of Fair Isaac from $709.00 to $807.00 and gave the stock a “buy” rating in a research report on Friday, January 27th. Finally, Barclays lifted their price objective on shares of Fair Isaac from $700.00 to $820.00 in a research report on Friday, April 28th. Three research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $778.71.

About Fair Isaac

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Fair Isaac Corp. engages in the provision of decision management solutions. It operates through the following segments: Applications, Scores, and Decision Management Software. The Applications segment includes decision management applications designed for a type of business problem or process such as marketing, account origination, customer management, fraud, collections, and insurance claims management.