Fair Isaac Co. (NYSE:FICO) Receives Consensus Rating of “Moderate Buy” from Brokerages

Shares of Fair Isaac Co. (NYSE:FICO) have been given an average recommendation of “Moderate Buy” by the thirteen brokerages that are presently covering the firm, MarketBeat Ratings reports. Five analysts have rated the stock with a hold rating and eight have issued a buy rating on the company. The average 12 month price target among analysts that have covered the stock in the last year is $2,087.77.

A number of equities analysts have issued reports on the company. Robert W. Baird lifted their price target on Fair Isaac from $1,700.00 to $2,000.00 and gave the company a “neutral” rating in a research note on Thursday, November 7th. Jefferies Financial Group lifted their price objective on shares of Fair Isaac from $2,250.00 to $2,275.00 and gave the stock a “buy” rating in a report on Wednesday, January 15th. Oppenheimer reduced their target price on shares of Fair Isaac from $2,515.00 to $2,409.00 and set an “outperform” rating for the company in a research note on Tuesday, January 7th. UBS Group cut their price target on shares of Fair Isaac from $2,250.00 to $2,100.00 and set a “neutral” rating on the stock in a report on Monday. Finally, JPMorgan Chase & Co. began coverage on shares of Fair Isaac in a research note on Friday, December 20th. They issued a “neutral” rating and a $2,150.00 price objective for the company.

Fair Isaac Trading Up 0.6 %

Fair Isaac stock opened at $1,853.64 on Friday. The firm has a market capitalization of $45.14 billion, a price-to-earnings ratio of 90.64, a price-to-earnings-growth ratio of 3.46 and a beta of 1.40. The firm’s fifty day moving average price is $2,098.69 and its two-hundred day moving average price is $1,950.22. Fair Isaac has a 1-year low of $1,105.65 and a 1-year high of $2,402.51.

Insider Buying and Selling at Fair Isaac

In other news, Director Henry Tayloe Stansbury sold 249 shares of Fair Isaac stock in a transaction dated Monday, November 11th. The shares were sold at an average price of $2,338.55, for a total value of $582,298.95. Following the completion of the transaction, the director now owns 92 shares in the company, valued at $215,146.60. This trade represents a 73.02 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP James M. Wehmann sold 3,500 shares of the firm’s stock in a transaction that occurred on Thursday, November 21st. The stock was sold at an average price of $2,320.41, for a total transaction of $8,121,435.00. Following the completion of the transaction, the executive vice president now directly owns 48,895 shares of the company’s stock, valued at approximately $113,456,446.95. This trade represents a 6.68 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 13,589 shares of company stock worth $31,258,963 over the last ninety days. 3.54% of the stock is currently owned by company insiders.

Institutional Trading of Fair Isaac

A number of institutional investors have recently added to or reduced their stakes in FICO. Capital Performance Advisors LLP purchased a new position in Fair Isaac during the 3rd quarter valued at about $25,000. True Wealth Design LLC grew its stake in Fair Isaac by 900.0% during the third quarter. True Wealth Design LLC now owns 20 shares of the technology company’s stock valued at $39,000 after acquiring an additional 18 shares in the last quarter. Berbice Capital Management LLC purchased a new position in Fair Isaac during the fourth quarter valued at approximately $40,000. Meeder Asset Management Inc. lifted its stake in Fair Isaac by 37.5% in the 3rd quarter. Meeder Asset Management Inc. now owns 22 shares of the technology company’s stock worth $43,000 after purchasing an additional 6 shares in the last quarter. Finally, Versant Capital Management Inc boosted its holdings in Fair Isaac by 500.0% in the 4th quarter. Versant Capital Management Inc now owns 24 shares of the technology company’s stock valued at $48,000 after purchasing an additional 20 shares during the period. Hedge funds and other institutional investors own 85.75% of the company’s stock.

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.