Andra AP fonden grew its position in shares of Fair Isaac Corporation (NYSE:FICO – Free Report) by 424.4% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 8,600 shares of the technology company’s stock after buying an additional 6,960 shares during the quarter. Andra AP fonden’s holdings in Fair Isaac were worth $9,181,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. Great Lakes Advisors LLC grew its holdings in shares of Fair Isaac by 5.7% in the first quarter. Great Lakes Advisors LLC now owns 112 shares of the technology company’s stock valued at $207,000 after acquiring an additional 6 shares in the last quarter. Capital Investment Advisory Services LLC lifted its holdings in Fair Isaac by 1.9% during the fourth quarter. Capital Investment Advisory Services LLC now owns 367 shares of the technology company’s stock worth $620,000 after acquiring an additional 7 shares during the period. San Luis Wealth Advisors LLC lifted its holdings in Fair Isaac by 2.8% during the third quarter. San Luis Wealth Advisors LLC now owns 253 shares of the technology company’s stock worth $379,000 after acquiring an additional 7 shares during the period. Interchange Capital Partners LLC boosted its position in Fair Isaac by 1.0% in the fourth quarter. Interchange Capital Partners LLC now owns 812 shares of the technology company’s stock worth $1,373,000 after purchasing an additional 8 shares during the last quarter. Finally, Pinnacle Wealth Management Advisory Group LLC grew its stake in Fair Isaac by 4.9% in the 4th quarter. Pinnacle Wealth Management Advisory Group LLC now owns 172 shares of the technology company’s stock valued at $291,000 after purchasing an additional 8 shares during the period. Hedge funds and other institutional investors own 85.75% of the company’s stock.
Fair Isaac Stock Down 2.8%
FICO stock opened at $1,229.07 on Wednesday. The firm has a market capitalization of $28.50 billion, a PE ratio of 38.93, a PEG ratio of 1.12 and a beta of 1.29. Fair Isaac Corporation has a twelve month low of $870.01 and a twelve month high of $1,998.01. The stock has a 50-day simple moving average of $1,204.37 and a two-hundred day simple moving average of $1,252.50.
Analyst Ratings Changes
FICO has been the topic of a number of research analyst reports. Jefferies Financial Group dropped their target price on shares of Fair Isaac from $1,800.00 to $1,700.00 and set a “buy” rating on the stock in a research note on Monday, May 4th. Barclays lowered their price target on shares of Fair Isaac from $2,400.00 to $1,950.00 and set an “overweight” rating on the stock in a report on Friday, April 10th. Wall Street Zen lowered Fair Isaac from a “buy” rating to a “hold” rating in a report on Sunday, June 28th. The Goldman Sachs Group decreased their target price on Fair Isaac from $1,770.00 to $1,528.00 and set a “buy” rating for the company in a research report on Thursday, April 2nd. Finally, Mizuho began coverage on Fair Isaac in a research note on Thursday, April 16th. They issued an “outperform” rating and a $1,416.00 target price on the stock. Ten equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat, Fair Isaac has an average rating of “Moderate Buy” and an average price target of $1,627.93.
Get Our Latest Stock Analysis on Fair Isaac
Fair Isaac Profile
Fair Isaac Corporation, commonly known as FICO, is a data analytics and software company best known for its FICO Score, a widely used credit-scoring system that helps lenders assess consumer credit risk. Founded in 1956 by Bill Fair and Earl Isaac, the company has evolved from its origins in statistical credit scoring to a broader focus on predictive analytics, decision management and artificial intelligence-driven solutions for financial services and other industries. FICO is headquartered in San Jose, California, and operates globally, serving clients across North America, Latin America, Europe, the Middle East, Africa and the Asia-Pacific region.
FICO’s product portfolio centers on analytics and decisioning technologies.
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