Fair Isaac Co. (NYSE:FICO) EVP James M. Wehmann Sells 3,000 Shares

Fair Isaac Co. (NYSE:FICO) EVP James M. Wehmann sold 3,000 shares of the business’s stock in a transaction on Thursday, December 12th. The shares were sold at an average price of $2,195.19, for a total transaction of $6,585,570.00. Following the completion of the transaction, the executive vice president now directly owns 51,911 shares in the company, valued at $113,954,508.09. This represents a 5.46 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.

Fair Isaac Stock Performance

FICO stock opened at $2,051.10 on Thursday. The company has a 50 day moving average price of $2,178.75 and a two-hundred day moving average price of $1,840.20. The stock has a market capitalization of $49.94 billion, a P/E ratio of 100.30, a PEG ratio of 4.05 and a beta of 1.36. Fair Isaac Co. has a one year low of $1,105.65 and a one year high of $2,402.51.

Hedge Funds Weigh In On Fair Isaac

Institutional investors have recently added to or reduced their stakes in the business. Capital Performance Advisors LLP acquired a new position in Fair Isaac during the third quarter worth approximately $25,000. Tortoise Investment Management LLC increased its holdings in shares of Fair Isaac by 81.8% during the 2nd quarter. Tortoise Investment Management LLC now owns 20 shares of the technology company’s stock worth $30,000 after buying an additional 9 shares during the last quarter. Family Firm Inc. acquired a new stake in shares of Fair Isaac during the 2nd quarter worth $34,000. True Wealth Design LLC raised its position in shares of Fair Isaac by 900.0% in the 3rd quarter. True Wealth Design LLC now owns 20 shares of the technology company’s stock worth $39,000 after buying an additional 18 shares during the period. Finally, Meeder Asset Management Inc. boosted its holdings in Fair Isaac by 37.5% in the third quarter. Meeder Asset Management Inc. now owns 22 shares of the technology company’s stock valued at $43,000 after acquiring an additional 6 shares during the last quarter. 85.75% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on FICO shares. UBS Group initiated coverage on shares of Fair Isaac in a research note on Tuesday, October 1st. They set a “neutral” rating and a $2,100.00 price target on the stock. Robert W. Baird boosted their target price on 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. Barclays raised their price target on Fair Isaac from $2,150.00 to $2,350.00 and gave the company an “overweight” rating in a report on Thursday, November 7th. The Goldman Sachs Group increased their price objective on Fair Isaac from $2,374.00 to $2,661.00 and gave the stock a “buy” rating in a research report on Thursday, December 5th. Finally, Royal Bank of Canada reissued a “sector perform” rating and issued a $2,040.00 target price on shares of Fair Isaac in a report on Thursday, November 7th. Four investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $2,022.67.

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.