Insider Selling: Fair Isaac Co. (NYSE:FICO) CEO Sells $10,843,422.30 in Stock

Fair Isaac Co. (NYSE:FICO) CEO William J. Lansing sold 6,010 shares of the company’s stock in a transaction dated Tuesday, February 11th. The stock was sold at an average price of $1,804.23, for a total transaction of $10,843,422.30. Following the completion of the sale, the chief executive officer now owns 42,138 shares in the company, valued at $76,026,643.74. This represents a 12.48 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Fair Isaac Stock Down 0.4 %

Fair Isaac stock opened at $1,795.33 on Friday. Fair Isaac Co. has a twelve month low of $1,105.65 and a twelve month high of $2,402.51. The firm has a 50 day moving average price of $1,962.97 and a 200-day moving average price of $1,969.35. The company has a market capitalization of $43.84 billion, a P/E ratio of 82.39, a P/E/G ratio of 3.61 and a beta of 1.39.

Fair Isaac (NYSE:FICO) last released its earnings results on Tuesday, February 4th. The technology company reported $4.15 earnings per share for the quarter, missing analysts’ consensus estimates of $6.21 by ($2.06). Fair Isaac had a net margin of 30.66% and a negative return on equity of 53.40%. Equities analysts expect that Fair Isaac Co. will post 23.91 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on FICO shares. Oppenheimer lowered their target price on shares of Fair Isaac from $2,515.00 to $2,409.00 and set an “outperform” rating on the stock in a report on Tuesday, January 7th. Needham & Company LLC restated a “buy” rating and issued a $2,500.00 target price on shares of Fair Isaac in a report on Wednesday, February 5th. UBS Group lowered their target price on shares of Fair Isaac from $2,250.00 to $2,100.00 and set a “neutral” rating on the stock in a report on Monday, January 27th. The Goldman Sachs Group upped their target price on shares of Fair Isaac from $2,374.00 to $2,661.00 and gave the stock a “buy” rating in a report on Thursday, December 5th. Finally, Wells Fargo & Company lowered their target price on shares of Fair Isaac from $2,650.00 to $2,600.00 and set an “overweight” rating on the stock in a report on Wednesday, February 5th. Five investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. According to MarketBeat, Fair Isaac presently has an average rating of “Moderate Buy” and an average target price of $2,078.15.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. First National Bank of Omaha bought a new position in shares of Fair Isaac during the 3rd quarter valued at approximately $1,576,000. National Bank of Canada FI boosted its holdings in Fair Isaac by 51.9% in the 3rd quarter. National Bank of Canada FI now owns 19,817 shares of the technology company’s stock worth $38,514,000 after buying an additional 6,768 shares during the period. Donoghue Forlines LLC bought a new position in Fair Isaac in the 4th quarter worth approximately $1,935,000. Swedbank AB boosted its holdings in Fair Isaac by 11.5% in the 3rd quarter. Swedbank AB now owns 9,822 shares of the technology company’s stock worth $19,089,000 after buying an additional 1,013 shares during the period. Finally, BNP Paribas bought a new position in Fair Isaac in the 3rd quarter worth approximately $445,000. 85.75% of the stock is owned by institutional investors.

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.