Fair Isaac (NYSE:FICO) Shares Down 5.2% Following Insider Selling

Shares of Fair Isaac Co. (NYSE:FICO) fell 5.2% during mid-day trading on Monday following insider selling activity. The company traded as low as $2,249.56 and last traded at $2,249.56. 36,096 shares were traded during trading, a decline of 79% from the average session volume of 168,147 shares. The stock had previously closed at $2,371.83.

Specifically, EVP James M. Wehmann sold 3,500 shares of the business’s stock in a transaction that occurred on Thursday, December 5th. The stock was sold at an average price of $2,373.85, for a total value of $8,308,475.00. Following the completion of the sale, the executive vice president now owns 45,395 shares in the company, valued at approximately $107,760,920.75. The trade was a 7.16 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Analyst Upgrades and Downgrades

FICO has been the subject of a number of research analyst reports. Robert W. Baird lifted their target price on Fair Isaac from $1,700.00 to $2,000.00 and gave the company a “neutral” rating in a research report on Thursday, November 7th. Oppenheimer lifted their price objective on Fair Isaac from $2,324.00 to $2,515.00 and gave the company an “outperform” rating in a report on Monday, December 2nd. UBS Group started coverage on shares of Fair Isaac in a report on Tuesday, October 1st. They set a “neutral” rating and a $2,100.00 target price on the stock. Wells Fargo & Company boosted their price target on shares of Fair Isaac from $2,200.00 to $2,400.00 and gave the company an “overweight” rating in a report on Thursday, November 7th. Finally, Needham & Company LLC upped their price target on shares of Fair Isaac from $1,850.00 to $2,500.00 and gave the stock a “buy” rating in a research report on Thursday, November 7th. Four analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Fair Isaac currently has a consensus rating of “Moderate Buy” and a consensus target price of $2,022.67.

Fair Isaac Price Performance

The company’s fifty day simple moving average is $2,155.66 and its 200-day simple moving average is $1,809.59. The firm has a market capitalization of $52.84 billion, a PE ratio of 106.11, a price-to-earnings-growth ratio of 4.37 and a beta of 1.36.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. CWM LLC grew its position in Fair Isaac by 57.0% during the 2nd quarter. CWM LLC now owns 380 shares of the technology company’s stock worth $566,000 after purchasing an additional 138 shares during the last quarter. Sequoia Financial Advisors LLC grew its holdings in shares of Fair Isaac by 6.0% during the second quarter. Sequoia Financial Advisors LLC now owns 372 shares of the technology company’s stock valued at $554,000 after buying an additional 21 shares during the last quarter. Wedmont Private Capital increased its position in shares of Fair Isaac by 11.0% in the 2nd quarter. Wedmont Private Capital now owns 253 shares of the technology company’s stock valued at $402,000 after acquiring an additional 25 shares during the period. Wealth Enhancement Advisory Services LLC raised its stake in Fair Isaac by 24.6% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 1,419 shares of the technology company’s stock worth $2,112,000 after acquiring an additional 280 shares during the last quarter. Finally, Great Valley Advisor Group Inc. acquired a new stake in Fair Isaac during the 2nd quarter worth about $529,000. 85.75% of the stock is currently owned by hedge funds and other institutional investors.

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.