Fair Isaac Co. (NYSE:FICO) Given Consensus Recommendation of “Moderate Buy” by Analysts

Fair Isaac Co. (NYSE:FICO) has been assigned a consensus recommendation of “Moderate Buy” from the thirteen brokerages that are covering the stock, Marketbeat.com reports. Five research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The average 1 year price target among brokers that have covered the stock in the last year is $2,087.77.

Several equities analysts recently commented on the stock. Wells Fargo & Company upped their price target on shares of Fair Isaac from $2,200.00 to $2,400.00 and gave the stock an “overweight” rating in a research report on Thursday, November 7th. Royal Bank of Canada restated a “sector perform” rating and set a $2,040.00 price objective on shares of Fair Isaac in a report on Thursday, November 7th. UBS Group initiated coverage on Fair Isaac in a report on Tuesday, October 1st. They issued a “neutral” rating and a $2,100.00 target price on the stock. JPMorgan Chase & Co. initiated coverage on Fair Isaac in a report on Friday, December 20th. They set a “neutral” rating and a $2,150.00 target price for the company. Finally, The Goldman Sachs Group boosted their price objective on shares of Fair Isaac from $2,374.00 to $2,661.00 and gave the stock a “buy” rating in a research note on Thursday, December 5th.

Insiders Place Their Bets

In other Fair Isaac news, EVP Thomas A. Bowers sold 2,680 shares of Fair Isaac stock in a transaction that occurred on Monday, November 11th. The stock was sold at an average price of $2,338.21, for a total value of $6,266,402.80. Following the completion of the transaction, the executive vice president now directly owns 5,769 shares in the company, valued at $13,489,133.49. The trade was a 31.72 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP James M. Wehmann sold 3,500 shares of the business’s stock in a transaction that occurred on Thursday, November 21st. The shares were sold at an average price of $2,320.41, for a total value of $8,121,435.00. Following the transaction, the executive vice president now owns 48,895 shares of the company’s stock, valued at $113,456,446.95. This represents a 6.68 % 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 in the last three months. 3.54% of the stock is owned by insiders.

Institutional Trading of Fair Isaac

Institutional investors have recently made changes to their positions in the stock. Capital Performance Advisors LLP acquired a new position in Fair Isaac in the third quarter worth approximately $25,000. True Wealth Design LLC increased its holdings 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 valued at $39,000 after purchasing an additional 18 shares during the period. Berbice Capital Management LLC purchased a new stake in Fair Isaac in the 4th quarter worth approximately $40,000. 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 acquiring an additional 6 shares in the last quarter. Finally, Versant Capital Management Inc lifted its holdings in shares of Fair Isaac by 500.0% during the 4th quarter. Versant Capital Management Inc now owns 24 shares of the technology company’s stock valued at $48,000 after buying an additional 20 shares during the last quarter. 85.75% of the stock is owned by institutional investors and hedge funds.

Fair Isaac Price Performance

NYSE FICO opened at $1,850.76 on Friday. The company has a market cap of $45.07 billion, a P/E ratio of 90.50, a P/E/G ratio of 3.49 and a beta of 1.40. Fair Isaac has a 12 month low of $1,105.65 and a 12 month high of $2,402.51. The company has a 50-day moving average of $2,124.83 and a 200-day moving average of $1,938.99.

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.