Insider Selling: Fair Isaac Co. (NYSE:FICO) CFO Sells 139 Shares of Stock

Fair Isaac Co. (NYSE:FICO) CFO Steven P. Weber sold 139 shares of Fair Isaac stock in a transaction dated Thursday, January 9th. The stock was sold at an average price of $1,964.42, for a total value of $273,054.38. Following the completion of the transaction, the chief financial officer now owns 2,478 shares in the company, valued at $4,867,832.76. The trade was a 5.31 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Fair Isaac Stock Up 1.7 %

Shares of FICO opened at $1,945.05 on Wednesday. Fair Isaac Co. has a 12 month low of $1,105.65 and a 12 month high of $2,402.51. The stock has a market cap of $47.36 billion, a price-to-earnings ratio of 95.11, a P/E/G ratio of 4.00 and a beta of 1.40. The company has a 50-day moving average price of $2,177.19 and a two-hundred day moving average price of $1,922.41.

Wall Street Analysts Forecast Growth

Several research analysts have commented on FICO shares. Oppenheimer dropped their price target on Fair Isaac from $2,515.00 to $2,409.00 and set an “outperform” rating on the stock in a research report on Tuesday, January 7th. Robert W. Baird boosted their target price on shares of Fair Isaac from $1,700.00 to $2,000.00 and gave the stock a “neutral” rating in a research report on Thursday, November 7th. Royal Bank of Canada reiterated a “sector perform” rating and set a $2,040.00 target price on shares of Fair Isaac in a research note on Thursday, November 7th. UBS Group initiated coverage on shares of Fair Isaac in a research report on Tuesday, October 1st. They issued a “neutral” rating and a $2,100.00 price target on the stock. Finally, JPMorgan Chase & Co. assumed coverage on shares of Fair Isaac in a research report on Friday, December 20th. They set a “neutral” rating and a $2,150.00 price objective for the company. Five research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $2,024.31.

Institutional Trading of Fair Isaac

A number of large investors have recently bought and sold shares of FICO. First National Bank of Omaha acquired a new stake in shares of Fair Isaac in the 3rd quarter valued at $1,576,000. National Bank of Canada FI boosted its position in Fair Isaac by 51.9% in the third quarter. National Bank of Canada FI now owns 19,817 shares of the technology company’s stock valued at $38,514,000 after buying an additional 6,768 shares in the last quarter. Swedbank AB grew its stake in Fair Isaac by 11.5% during the third quarter. Swedbank AB now owns 9,822 shares of the technology company’s stock worth $19,089,000 after buying an additional 1,013 shares during the last quarter. BNP Paribas acquired a new stake in shares of Fair Isaac during the third quarter worth approximately $445,000. Finally, Harvest Fund Management Co. Ltd raised its stake in shares of Fair Isaac by 86.3% in the third quarter. Harvest Fund Management Co. Ltd now owns 760 shares of the technology company’s stock valued at $1,477,000 after acquiring an additional 352 shares during 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.