Short Interest in Fair Isaac Co. (NYSE:FICO) Increases By 13.5%

Fair Isaac Co. (NYSE:FICO) saw a significant increase in short interest in December. As of December 31st, there was short interest totalling 669,900 shares, an increase of 13.5% from the December 15th total of 590,000 shares. Currently, 2.8% of the company’s stock are sold short. Based on an average daily volume of 156,700 shares, the days-to-cover ratio is presently 4.3 days.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on FICO. Barclays raised their target price on 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. Oppenheimer decreased their target price on Fair Isaac from $2,515.00 to $2,409.00 and set an “outperform” rating for the company in a report on Tuesday, January 7th. Jefferies Financial Group increased their price target 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. JPMorgan Chase & Co. initiated coverage on shares of Fair Isaac in a research note on Friday, December 20th. They set a “neutral” rating and a $2,150.00 price objective for the company. Finally, UBS Group began coverage on shares of Fair Isaac in a research note on Tuesday, October 1st. They issued a “neutral” rating and a $2,100.00 price objective on the stock. Five analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat, Fair Isaac currently has a consensus rating of “Moderate Buy” and an average price target of $2,087.77.

Insider Activity at Fair Isaac

In other news, CFO Steven P. Weber sold 139 shares of the stock in a transaction on Thursday, January 9th. The stock was sold at an average price of $1,964.42, for a total transaction of $273,054.38. Following the completion of the sale, the chief financial officer now owns 2,478 shares in the company, valued at approximately $4,867,832.76. This represents a 5.31 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Thomas A. Bowers sold 2,680 shares of the company’s stock in a transaction dated Monday, November 11th. The shares were sold at an average price of $2,338.21, for a total value of $6,266,402.80. Following the transaction, the executive vice president now directly owns 5,769 shares in the company, valued at $13,489,133.49. This represents a 31.72 % 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 valued at $31,258,963 over the last quarter. 3.54% of the stock is owned by corporate insiders.

Institutional Trading of Fair Isaac

Several institutional investors have recently bought and sold shares of FICO. Secure Asset Management LLC lifted its holdings in Fair Isaac by 3.2% during the fourth quarter. Secure Asset Management LLC now owns 260 shares of the technology company’s stock valued at $518,000 after purchasing an additional 8 shares in the last quarter. Donoghue Forlines LLC purchased a new position in Fair Isaac in the 4th quarter valued at about $1,935,000. Barlow Wealth Partners Inc. lifted its stake in Fair Isaac by 2.6% in the 4th quarter. Barlow Wealth Partners Inc. now owns 4,744 shares of the technology company’s stock valued at $9,633,000 after buying an additional 121 shares in the last quarter. Simon Quick Advisors LLC boosted its holdings in Fair Isaac by 10.2% in the 4th quarter. Simon Quick Advisors LLC now owns 119 shares of the technology company’s stock worth $237,000 after buying an additional 11 shares during the last quarter. Finally, Atomi Financial Group Inc. increased its stake in Fair Isaac by 5.3% during the 4th quarter. Atomi Financial Group Inc. now owns 258 shares of the technology company’s stock worth $514,000 after buying an additional 13 shares in the last quarter. 85.75% of the stock is owned by institutional investors and hedge funds.

Fair Isaac Stock Down 3.7 %

Shares of Fair Isaac stock opened at $1,897.10 on Monday. The firm has a market cap of $46.19 billion, a PE ratio of 92.77, a P/E/G ratio of 3.55 and a beta of 1.40. Fair Isaac has a twelve month low of $1,105.65 and a twelve month high of $2,402.51. The business has a 50-day moving average price of $2,161.98 and a 200 day moving average price of $1,935.07.

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.