Brokerages Set Fair Isaac Co. (NYSE:FICO) Price Target at $2,032.46

Fair Isaac Co. (NYSE:FICO) has received an average rating of “Moderate Buy” from the thirteen ratings firms that are presently covering the firm, Marketbeat Ratings 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 price target among analysts that have updated their coverage on the stock in the last year is $2,032.46.

FICO has been the topic of several recent analyst reports. Royal Bank of Canada reissued 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. Oppenheimer increased their price objective on shares of Fair Isaac from $2,324.00 to $2,515.00 and gave the stock an “outperform” rating in a research report on Monday, December 2nd. JPMorgan Chase & Co. started coverage on Fair Isaac in a research report on Friday, December 20th. They set a “neutral” rating and a $2,150.00 target price for the company. UBS Group began coverage on Fair Isaac in a research note on Tuesday, October 1st. They set a “neutral” rating and a $2,100.00 price target for the company. Finally, Wells Fargo & Company upped their price objective on Fair Isaac from $2,200.00 to $2,400.00 and gave the company an “overweight” rating in a research report on Thursday, November 7th.

Fair Isaac Stock Performance

NYSE FICO opened at $1,990.93 on Monday. The business’s 50 day moving average price is $2,184.70 and its 200-day moving average price is $1,890.30. Fair Isaac has a fifty-two week low of $1,105.65 and a fifty-two week high of $2,402.51. The company has a market cap of $48.48 billion, a P/E ratio of 97.36, a P/E/G ratio of 4.05 and a beta of 1.36.

Insider Transactions at Fair Isaac

In other Fair Isaac news, Director Henry Tayloe Stansbury sold 249 shares of the firm’s stock in a transaction dated 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 completion of the sale, the director now owns 92 shares of the company’s stock, valued at approximately $215,146.60. This trade represents a 73.02 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Marc F. Mcmorris sold 520 shares of the business’s stock in a transaction dated Tuesday, December 17th. The stock was sold at an average price of $2,152.57, for a total value of $1,119,336.40. Following the sale, the director now owns 242 shares in the company, valued at $520,921.94. The trade was a 68.24 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 13,450 shares of company stock valued at $30,985,908. Corporate insiders own 3.54% of the company’s stock.

Institutional Trading of Fair Isaac

A number of institutional investors have recently bought and sold shares of FICO. Heritage Family Offices LLP lifted its holdings in shares of 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 purchasing an additional 5 shares during the period. Thurston Springer Miller Herd & Titak Inc. lifted its stake in 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 valued at $216,000 after acquiring an additional 6 shares during the period. Moss Adams Wealth Advisors LLC boosted its holdings 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 acquiring an additional 6 shares during the last quarter. Covestor Ltd increased its stake in shares of Fair Isaac by 30.0% in the third quarter. Covestor Ltd now owns 26 shares of the technology company’s stock worth $52,000 after acquiring an additional 6 shares during the period. Finally, Meeder Asset Management Inc. raised its holdings in shares of Fair Isaac by 37.5% during the third quarter. Meeder Asset Management Inc. now owns 22 shares of the technology company’s stock worth $43,000 after purchasing an additional 6 shares during the last quarter. 85.75% of the stock is currently owned by institutional investors and hedge funds.

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.