AIA Group Ltd Invests $196,000 in Fair Isaac Co. (NYSE:FICO)

AIA Group Ltd acquired a new position in shares of Fair Isaac Co. (NYSE:FICOGet Rating) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 421 shares of the technology company’s stock, valued at approximately $196,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. JFS Wealth Advisors LLC purchased a new stake in Fair Isaac in the fourth quarter worth approximately $28,000. WASHINGTON TRUST Co purchased a new stake in Fair Isaac in the fourth quarter worth approximately $28,000. Sageworth Trust Co of South Dakota purchased a new stake in Fair Isaac in the fourth quarter worth approximately $38,000. O Dell Group LLC purchased a new stake in Fair Isaac in the first quarter worth approximately $49,000. Finally, CWM LLC boosted its stake in Fair Isaac by 103.6% in the first quarter. CWM LLC now owns 114 shares of the technology company’s stock worth $53,000 after buying an additional 58 shares in the last quarter. Hedge funds and other institutional investors own 86.67% of the company’s stock.

Fair Isaac Stock Performance

NYSE:FICO opened at $482.47 on Friday. The firm has a market cap of $12.18 billion, a PE ratio of 35.35 and a beta of 1.22. Fair Isaac Co. has a fifty-two week low of $340.48 and a fifty-two week high of $531.03. The business has a 50 day moving average price of $421.12 and a 200-day moving average price of $434.06.

Wall Street Analysts Forecast Growth

FICO has been the subject of several research reports. Robert W. Baird upped their target price on Fair Isaac from $493.00 to $546.00 in a research note on Thursday. Barclays upped their target price on Fair Isaac from $450.00 to $535.00 and gave the stock an “overweight” rating in a research note on Thursday. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $546.40.

Insider Activity

In other news, Director Joanna Rees sold 253 shares of the stock in a transaction that occurred on Wednesday, June 15th. The stock was sold at an average price of $383.72, for a total transaction of $97,081.16. Following the completion of the sale, the director now owns 3,922 shares of the company’s stock, valued at $1,504,949.84. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Insiders own 3.27% of the company’s stock.

About Fair Isaac

(Get Rating)

Fair Isaac Corporation develops analytic, software, and data management products and services that enable businesses to automate, enhance, and connect decisions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It operates through two segments, Scores and Software. The Software segment offers pre-configured decision management solution designed for various business problems or processes, such as marketing, account origination, customer management, customer engagement, fraud detection, financial crimes compliance, collection, and marketing, as well as associated professional services.

Further Reading

Want to see what other hedge funds are holding FICO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Fair Isaac Co. (NYSE:FICOGet Rating).

Institutional Ownership by Quarter for Fair Isaac (NYSE:FICO)

Receive News & Ratings for Fair Isaac Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fair Isaac and related companies with MarketBeat.com's FREE daily email newsletter.