Virginia Retirement Systems ET AL bought a new stake in Fair Isaac Corporation (NYSE:FICO) during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 5,800 shares of the technology company’s stock, valued at approximately $815,000.
A number of other institutional investors have also recently made changes to their positions in FICO. YorkBridge Wealth Partners LLC acquired a new stake in Fair Isaac in the 2nd quarter valued at approximately $138,000. Acrospire Investment Management LLC acquired a new stake in Fair Isaac in the 2nd quarter valued at approximately $139,000. Zurcher Kantonalbank Zurich Cantonalbank raised its position in Fair Isaac by 15.0% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,233 shares of the technology company’s stock valued at $172,000 after buying an additional 161 shares during the last quarter. Advisory Services Network LLC raised its position in Fair Isaac by 17.9% in the 2nd quarter. Advisory Services Network LLC now owns 1,297 shares of the technology company’s stock valued at $181,000 after buying an additional 197 shares during the last quarter. Finally, GSA Capital Partners LLP acquired a new stake in Fair Isaac in the 2nd quarter valued at approximately $208,000. 90.02% of the stock is currently owned by institutional investors and hedge funds.
Fair Isaac Corporation (NYSE FICO) opened at $157.31 on Friday. The company has a debt-to-equity ratio of 1.09, a current ratio of 0.95 and a quick ratio of 0.95. The firm has a market capitalization of $4,717.73, a P/E ratio of 39.62, a price-to-earnings-growth ratio of 4.27 and a beta of 1.26. Fair Isaac Corporation has a one year low of $118.07 and a one year high of $159.00.
In other news, Director A George Battle sold 5,000 shares of Fair Isaac stock in a transaction that occurred on Friday, November 3rd. The stock was sold at an average price of $150.46, for a total transaction of $752,300.00. Following the completion of the transaction, the director now directly owns 21,259 shares in the company, valued at approximately $3,198,629.14. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Joanna Rees bought 3,000 shares of Fair Isaac stock in a transaction dated Thursday, November 9th. The shares were acquired at an average price of $152.00 per share, with a total value of $456,000.00. Following the completion of the purchase, the director now directly owns 4,989 shares in the company, valued at approximately $758,328. The disclosure for this purchase can be found here. 5.60% of the stock is owned by company insiders.
A number of research firms have weighed in on FICO. BidaskClub upgraded Fair Isaac from a “hold” rating to a “buy” rating in a research note on Tuesday, November 7th. Barclays raised their price target on Fair Isaac from $135.00 to $140.00 and gave the company an “equal weight” rating in a research note on Thursday, November 2nd. Finally, Zacks Investment Research upgraded Fair Isaac from a “hold” rating to a “buy” rating and set a $164.00 price target for the company in a research note on Monday, October 16th.
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Fair Isaac Profile
Fair Isaac Corporation (FICO) is a provider of analytic, software and data management products and services that enable businesses to automate and connect decisions. The Company operates through three segments: Applications, Scores and Decision Management Software. The Applications segment includes pre-configured decision management applications designed for a specific type of business problem or process, such as marketing, account origination, customer management, fraud, collections and insurance claims management.
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