Gilbert & Cook Inc. Has $739,000 Stock Holdings in Fair Isaac Co. (NYSE:FICO)

Gilbert & Cook Inc. lifted its holdings in Fair Isaac Co. (NYSE:FICO) by 14.1% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 380 shares of the technology company’s stock after purchasing an additional 47 shares during the quarter. Gilbert & Cook Inc.’s holdings in Fair Isaac were worth $739,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the business. Vanguard Group Inc. grew its position in shares of Fair Isaac by 1.3% in the 1st quarter. Vanguard Group Inc. now owns 2,855,775 shares of the technology company’s stock valued at $3,568,605,000 after purchasing an additional 35,263 shares during the period. Price T Rowe Associates Inc. MD boosted its position in Fair Isaac by 25.4% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 861,283 shares of the technology company’s stock worth $1,076,268,000 after acquiring an additional 174,397 shares during the last quarter. International Assets Investment Management LLC boosted its position in Fair Isaac by 189,461.6% during the 3rd quarter. International Assets Investment Management LLC now owns 538,355 shares of the technology company’s stock worth $1,046,304,000 after acquiring an additional 538,071 shares during the last quarter. Principal Financial Group Inc. boosted its position in Fair Isaac by 0.5% during the 3rd quarter. Principal Financial Group Inc. now owns 372,582 shares of the technology company’s stock worth $724,122,000 after acquiring an additional 1,977 shares during the last quarter. Finally, American Century Companies Inc. boosted its position in Fair Isaac by 6.7% during the 2nd quarter. American Century Companies Inc. now owns 345,628 shares of the technology company’s stock worth $514,523,000 after acquiring an additional 21,768 shares during the last quarter. 85.75% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts have weighed in on the company. Wells Fargo & Company upped their price target on Fair Isaac from $2,200.00 to $2,400.00 and gave the stock an “overweight” rating in a research report on Thursday, November 7th. Oppenheimer upped their price target on Fair Isaac from $1,967.00 to $2,109.00 and gave the stock an “outperform” rating in a research report on Tuesday, October 8th. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $2,040.00 price target on shares of Fair Isaac in a research report on Thursday, November 7th. Barclays upped their price objective on Fair Isaac from $2,150.00 to $2,350.00 and gave the stock an “overweight” rating in a research note on Thursday, November 7th. Finally, Robert W. Baird upped their price objective on Fair Isaac from $1,700.00 to $2,000.00 and gave the stock a “neutral” rating in a research note on Thursday, November 7th. Four analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $1,964.92.

Fair Isaac Stock Performance

FICO opened at $2,261.00 on Friday. The firm has a market cap of $55.06 billion, a P/E ratio of 110.56, a price-to-earnings-growth ratio of 4.16 and a beta of 1.35. Fair Isaac Co. has a 52-week low of $1,021.06 and a 52-week high of $2,402.51. The business’s fifty day moving average is $2,007.25 and its 200-day moving average is $1,685.50.

Fair Isaac announced that its board has authorized a stock repurchase plan on Tuesday, July 30th that allows the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization allows the technology company to purchase up to 2.6% of its shares through open market purchases. Shares repurchase plans are typically a sign that the company’s leadership believes its stock is undervalued.

Insider Transactions at Fair Isaac

In related news, Director Henry Tayloe Stansbury sold 249 shares of the firm’s stock in a transaction dated Monday, November 11th. The stock was sold at an average price of $2,338.55, for a total value of $582,298.95. Following the sale, the director now directly owns 92 shares of the company’s stock, valued at $215,146.60. This trade represents a 73.02 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, EVP Thomas A. Bowers sold 2,680 shares of the firm’s stock in a transaction dated Monday, November 11th. The shares were sold at an average price of $2,338.21, for a total value of $6,266,402.80. Following the completion of the sale, the executive vice president now directly owns 5,769 shares in the company, valued at $13,489,133.49. This trade represents a 31.72 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 6,890 shares of company stock valued at $13,780,452. 3.54% of the stock is owned by corporate insiders.

Fair Isaac Company 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.