Victory Capital Management Inc. Has $38.43 Million Stock Holdings in Fair Isaac Co. (NYSE:FICO)

Victory Capital Management Inc. cut its holdings in shares of Fair Isaac Co. (NYSE:FICO) by 13.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 33,019 shares of the technology company’s stock after selling 5,154 shares during the period. Victory Capital Management Inc.’s holdings in Fair Isaac were worth $38,434,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of FICO. Crew Capital Management Ltd. bought a new stake in shares of Fair Isaac in the fourth quarter worth $204,000. Choreo LLC grew its stake in Fair Isaac by 4.6% in the fourth quarter. Choreo LLC now owns 1,259 shares of the technology company’s stock valued at $1,466,000 after purchasing an additional 55 shares in the last quarter. ODonnell Financial Services LLC bought a new stake in shares of Fair Isaac during the 4th quarter worth approximately $233,000. K.J. Harrison & Partners Inc bought a new position in shares of Fair Isaac in the fourth quarter valued at $1,164,000. Finally, Semanteon Capital Management LP bought a new stake in Fair Isaac during the fourth quarter worth $702,000. 85.75% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the stock. Needham & Company LLC reissued a “buy” rating and issued a $1,500.00 price objective on shares of Fair Isaac in a research report on Monday, April 22nd. Raymond James upped their price objective on Fair Isaac from $1,413.00 to $1,418.00 and gave the company an “outperform” rating in a research note on Friday, April 26th. Royal Bank of Canada reissued a “sector perform” rating and set a $1,350.00 target price on shares of Fair Isaac in a report on Friday, January 26th. Jefferies Financial Group raised their price target on Fair Isaac from $1,210.00 to $1,450.00 and gave the company a “buy” rating in a report on Wednesday, January 17th. Finally, Redburn Atlantic started coverage on shares of Fair Isaac in a report on Tuesday, April 16th. They issued a “neutral” rating and a $1,113.00 price objective on the stock. One analyst has rated the stock with a sell rating, three have given a hold rating and six have given a buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $1,224.40.

Insider Activity

In other Fair Isaac news, CEO William J. Lansing sold 8,000 shares of the firm’s stock in a transaction that occurred on Tuesday, March 19th. The shares were sold at an average price of $1,225.93, for a total value of $9,807,440.00. Following the sale, the chief executive officer now owns 20,638 shares in the company, valued at $25,300,743.34. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In the last three months, insiders have sold 24,000 shares of company stock worth $29,011,120. Corporate insiders own 3.54% of the company’s stock.

Fair Isaac Stock Performance

Shares of FICO stock opened at $1,242.63 on Tuesday. Fair Isaac Co. has a fifty-two week low of $729.54 and a fifty-two week high of $1,349.75. The stock’s fifty day moving average price is $1,225.18 and its two-hundred day moving average price is $1,163.96. The company has a market cap of $30.71 billion, a PE ratio of 65.23, a P/E/G ratio of 3.21 and a beta of 1.24.

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.