285 Shares in Fair Isaac Corporation $FICO Acquired by Plato Investment Management Ltd

Plato Investment Management Ltd acquired a new position in Fair Isaac Corporation (NYSE:FICO) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 285 shares of the technology company’s stock, valued at approximately $519,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. ORG Partners LLC acquired a new position in Fair Isaac during the second quarter valued at approximately $27,000. Hilltop National Bank acquired a new position in Fair Isaac during the second quarter valued at approximately $27,000. Geo Capital Gestora de Recursos Ltd acquired a new position in Fair Isaac during the first quarter valued at approximately $28,000. N.E.W. Advisory Services LLC acquired a new position in Fair Isaac during the first quarter valued at approximately $30,000. Finally, Meeder Asset Management Inc. grew its holdings in Fair Isaac by 41.7% during the first quarter. Meeder Asset Management Inc. now owns 17 shares of the technology company’s stock valued at $31,000 after purchasing an additional 5 shares during the last quarter. Institutional investors and hedge funds own 85.75% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the company. Barclays increased their price target on Fair Isaac from $2,000.00 to $2,400.00 and gave the company an “overweight” rating in a report on Thursday, October 2nd. Raymond James Financial reduced their price objective on Fair Isaac from $2,230.00 to $1,800.00 and set an “outperform” rating for the company in a research report on Thursday, July 31st. Needham & Company LLC reissued a “buy” rating and issued a $1,950.00 price objective on shares of Fair Isaac in a research report on Thursday, October 2nd. Wells Fargo & Company increased their price objective on Fair Isaac from $2,300.00 to $2,400.00 and gave the company an “overweight” rating in a research report on Tuesday, October 14th. Finally, Griffin Securities set a $1,800.00 price objective on Fair Isaac in a research report on Monday, August 18th. Three analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $2,137.43.

Insider Buying and Selling

In related news, CEO William J. Lansing sold 6,011 shares of the firm’s stock in a transaction on Tuesday, September 9th. The stock was sold at an average price of $1,537.50, for a total value of $9,241,912.50. Following the completion of the transaction, the chief executive officer directly owned 42,138 shares of the company’s stock, valued at $64,787,175. This trade represents a 12.48% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Insiders sold 18,032 shares of company stock valued at $28,094,085 over the last three months. 3.46% of the stock is owned by company insiders.

Fair Isaac Price Performance

Shares of FICO stock opened at $1,651.93 on Tuesday. The stock has a market cap of $39.65 billion, a P/E ratio of 64.60, a price-to-earnings-growth ratio of 1.63 and a beta of 1.35. Fair Isaac Corporation has a one year low of $1,300.00 and a one year high of $2,402.51. The stock has a fifty day moving average price of $1,592.05 and a 200 day moving average price of $1,673.03.

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.