Fair Isaac Co. (NYSE:FICO) Receives $2,087.77 Average PT from Analysts

Fair Isaac Co. (NYSE:FICO) has earned an average recommendation of “Moderate Buy” from the thirteen research firms that are currently covering the company, MarketBeat.com reports. Five 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 brokers that have issued a report on the stock in the last year is $2,087.77.

FICO has been the subject of several research analyst reports. Wells Fargo & Company boosted their target price on Fair Isaac from $2,200.00 to $2,400.00 and gave the stock an “overweight” rating in a research note on Thursday, November 7th. Oppenheimer dropped their price objective 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. Barclays boosted their target price on shares of 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. UBS Group dropped their price target on Fair Isaac from $2,250.00 to $2,100.00 and set a “neutral” rating for the company in a research note on Monday. Finally, Royal Bank of Canada restated a “sector perform” rating and set a $2,040.00 price objective on shares of Fair Isaac in a research report on Thursday, November 7th.

Fair Isaac Stock Performance

Fair Isaac stock opened at $1,853.64 on Friday. Fair Isaac has a 52 week low of $1,105.65 and a 52 week high of $2,402.51. The stock has a market capitalization of $45.14 billion, a P/E ratio of 90.64, a price-to-earnings-growth ratio of 3.46 and a beta of 1.40. The stock has a fifty day moving average of $2,098.69 and a 200-day moving average of $1,950.22.

Insider Activity at Fair Isaac

In other news, CFO Steven P. Weber sold 139 shares of the business’s 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 transaction, the chief financial officer now directly owns 2,478 shares of the company’s stock, valued at $4,867,832.76. The trade was a 5.31 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Henry Tayloe Stansbury sold 249 shares of the firm’s stock in a transaction that occurred on 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 represents a 73.02 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 13,589 shares of company stock worth $31,258,963 over the last ninety days. Insiders own 3.54% of the company’s stock.

Institutional Trading of Fair Isaac

Several large investors have recently modified their holdings of the stock. Heritage Family Offices LLP boosted its stake in Fair Isaac by 2.0% during the third quarter. Heritage Family Offices LLP now owns 256 shares of the technology company’s stock worth $498,000 after acquiring an additional 5 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. boosted its position in shares of Fair Isaac by 5.7% during the 3rd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 111 shares of the technology company’s stock worth $216,000 after purchasing an additional 6 shares in the last quarter. Moss Adams Wealth Advisors LLC grew its stake in shares of Fair Isaac by 4.0% in the 3rd quarter. Moss Adams Wealth Advisors LLC now owns 155 shares of the technology company’s stock valued at $301,000 after buying an additional 6 shares during the period. Covestor Ltd increased its position in Fair Isaac by 30.0% in the 3rd quarter. Covestor Ltd now owns 26 shares of the technology company’s stock valued at $52,000 after buying an additional 6 shares in the last quarter. Finally, Meeder Asset Management Inc. raised its stake in Fair Isaac by 37.5% during the 3rd quarter. Meeder Asset Management Inc. now owns 22 shares of the technology company’s stock worth $43,000 after buying an additional 6 shares during the period. Institutional investors and hedge funds own 85.75% of the company’s stock.

About Fair Isaac

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.