Fair Isaac Co. (NYSE:FICO) Given Average Recommendation of “Moderate Buy” by Analysts

Shares of Fair Isaac Co. (NYSE:FICO) have earned an average recommendation of “Moderate Buy” from the thirteen ratings firms that are currently covering the company, Marketbeat.com reports. Five investment analysts have rated the stock with a hold recommendation and eight have assigned a buy recommendation to the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is $2,032.46.

A number of research analysts have recently issued reports on FICO shares. Oppenheimer raised their price target on shares of Fair Isaac from $2,324.00 to $2,515.00 and gave the stock an “outperform” rating in a research report on Monday, December 2nd. Wells Fargo & Company lifted their target price on Fair Isaac from $2,200.00 to $2,400.00 and gave the company an “overweight” rating in a research note on Thursday, November 7th. Royal Bank of Canada reiterated 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. Robert W. Baird boosted their price objective 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. Finally, JPMorgan Chase & Co. began coverage on Fair Isaac in a research report on Friday, December 20th. They issued a “neutral” rating and a $2,150.00 target price on the stock.

Fair Isaac Trading Down 1.5 %

FICO stock opened at $1,966.26 on Monday. The stock’s 50 day simple moving average is $2,184.06 and its 200 day simple moving average is $1,894.90. Fair Isaac has a 12-month low of $1,105.65 and a 12-month high of $2,402.51. The firm has a market cap of $47.87 billion, a P/E ratio of 96.15, a P/E/G ratio of 4.05 and a beta of 1.36.

Insider Transactions at Fair Isaac

In other Fair Isaac news, EVP James M. Wehmann sold 3,500 shares of the business’s stock in a transaction dated Thursday, November 21st. The shares were sold at an average price of $2,320.41, for a total value of $8,121,435.00. Following the sale, the executive vice president now directly owns 48,895 shares in the company, valued at approximately $113,456,446.95. The trade was a 6.68 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Henry Tayloe Stansbury sold 249 shares of the firm’s stock in a transaction dated Monday, November 11th. The shares were sold at an average price of $2,338.55, for a total transaction of $582,298.95. Following the transaction, the director now owns 92 shares of the company’s stock, valued at approximately $215,146.60. This trade represents a 73.02 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 13,450 shares of company stock valued at $30,985,908. Company insiders own 3.54% of the company’s stock.

Institutional Trading of Fair Isaac

A number of large investors have recently added to or reduced their stakes in the business. Capital Performance Advisors LLP acquired a new stake in shares of Fair Isaac during the 3rd quarter valued at $25,000. Tortoise Investment Management LLC raised its position in shares of Fair Isaac by 81.8% during the second quarter. Tortoise Investment Management LLC now owns 20 shares of the technology company’s stock worth $30,000 after purchasing an additional 9 shares during the period. True Wealth Design LLC lifted its holdings in shares of 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 purchasing an additional 18 shares during the last quarter. Meeder Asset Management Inc. boosted its position in shares of Fair Isaac by 37.5% in the 3rd quarter. Meeder Asset Management Inc. now owns 22 shares of the technology company’s stock valued at $43,000 after purchasing an additional 6 shares during the period. Finally, Versant Capital Management Inc increased its stake in Fair Isaac by 500.0% in the 4th quarter. Versant Capital Management Inc now owns 24 shares of the technology company’s stock worth $48,000 after purchasing an additional 20 shares in the last quarter. 85.75% of the stock is currently owned by 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.