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

Shares of Fair Isaac Co. (NYSE:FICO) have earned a consensus rating of “Moderate Buy” from the thirteen research firms that are currently covering the stock, MarketBeat reports. Five equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The average 12 month target price among brokerages that have updated their coverage on the stock in the last year is $2,032.46.

FICO has been the topic of several research reports. UBS Group began coverage on Fair Isaac in a research report on Tuesday, October 1st. They issued a “neutral” rating and a $2,100.00 target price on the stock. Wells Fargo & Company increased their price objective on Fair Isaac from $2,200.00 to $2,400.00 and gave the stock an “overweight” rating in a report on Thursday, November 7th. Royal Bank of Canada reiterated a “sector perform” rating and issued a $2,040.00 target price on shares of Fair Isaac in a research note on Thursday, November 7th. Barclays increased their price target 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. Finally, Needham & Company LLC lifted their price objective on shares of Fair Isaac from $1,850.00 to $2,500.00 and gave the company a “buy” rating in a research note on Thursday, November 7th.

Insider Transactions at Fair Isaac

In other Fair Isaac news, Director Marc F. Mcmorris sold 520 shares of the firm’s stock in a transaction on Tuesday, December 17th. The shares were sold at an average price of $2,152.57, for a total value of $1,119,336.40. Following the sale, the director now directly owns 242 shares in the company, valued at $520,921.94. This trade represents a 68.24 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 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 transaction of $6,266,402.80. Following the transaction, the executive vice president now directly owns 5,769 shares of the company’s stock, valued at $13,489,133.49. This represents a 31.72 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 13,450 shares of company stock worth $30,985,908. Company insiders own 3.54% of the company’s stock.

Hedge Funds Weigh In On Fair Isaac

Several institutional investors and hedge funds have recently added to or reduced their stakes in FICO. GAMMA Investing LLC grew its holdings in shares of Fair Isaac by 36.4% during the 4th quarter. GAMMA Investing LLC now owns 90 shares of the technology company’s stock worth $179,000 after purchasing an additional 24 shares in the last quarter. Versant Capital Management Inc boosted its stake in Fair Isaac by 500.0% during the fourth quarter. Versant Capital Management Inc now owns 24 shares of the technology company’s stock worth $48,000 after buying an additional 20 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in Fair Isaac by 1.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 673,242 shares of the technology company’s stock valued at $1,308,460,000 after buying an additional 7,466 shares during the period. Lord Abbett & CO. LLC raised its stake in shares of Fair Isaac by 18.8% in the 3rd quarter. Lord Abbett & CO. LLC now owns 23,471 shares of the technology company’s stock valued at $45,616,000 after buying an additional 3,721 shares in the last quarter. Finally, DGS Capital Management LLC lifted its holdings in shares of Fair Isaac by 4.5% during the 3rd quarter. DGS Capital Management LLC now owns 690 shares of the technology company’s stock worth $1,341,000 after acquiring an additional 30 shares during the period. 85.75% of the stock is currently owned by institutional investors.

Fair Isaac Trading Down 1.5 %

NYSE FICO opened at $1,966.26 on Monday. Fair Isaac has a 1-year low of $1,105.65 and a 1-year high of $2,402.51. The firm’s fifty day simple moving average is $2,184.06 and its 200-day simple moving average is $1,901.56. The company has a market capitalization of $47.87 billion, a PE ratio of 96.15, a price-to-earnings-growth ratio of 4.05 and a beta of 1.40.

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.