Fair Isaac Co. (NYSE:FICO - Get Free Report) CEO William J. Lansing sold 2,956 shares of the company's stock in a transaction on Tuesday, April 8th. The shares were sold at an average price of $1,761.13, for a total transaction of $5,205,900.28. Following the completion of the transaction, the chief executive officer now owns 42,138 shares of the company's stock, valued at approximately $74,210,495.94. The trade was a 6.56 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website.
Fair Isaac Trading Up 0.4 %
Shares of FICO opened at $1,855.60 on Friday. The stock's 50 day moving average is $1,813.00 and its two-hundred day moving average is $1,981.82. Fair Isaac Co. has a twelve month low of $1,105.65 and a twelve month high of $2,402.52. The firm has a market capitalization of $45.31 billion, a PE ratio of 85.16, a P/E/G ratio of 3.27 and a beta of 1.37.
Fair Isaac (NYSE:FICO - Get Free Report) last posted its quarterly 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%. On average, sell-side analysts predict that Fair Isaac Co. will post 24.15 EPS for the current year.
Hedge Funds Weigh In On Fair Isaac
Large investors have recently made changes to their positions in the stock. Mechanics Bank Trust Department raised its holdings in Fair Isaac by 5.7% during the fourth quarter. Mechanics Bank Trust Department now owns 112 shares of the technology company's stock worth $223,000 after purchasing an additional 6 shares during the last quarter. Alpha Cubed Investments LLC increased its position in shares of Fair Isaac by 1.3% in the fourth quarter. Alpha Cubed Investments LLC now owns 473 shares of the technology company's stock valued at $942,000 after buying an additional 6 shares in the last quarter. Resonant Capital Advisors LLC raised its stake in shares of Fair Isaac by 2.0% during the 4th quarter. Resonant Capital Advisors LLC now owns 306 shares of the technology company's stock worth $609,000 after buying an additional 6 shares during the last quarter. Mather Group LLC. boosted its position in shares of Fair Isaac by 5.2% in the 4th quarter. Mather Group LLC. now owns 122 shares of the technology company's stock worth $243,000 after buying an additional 6 shares in the last quarter. Finally, D.A. Davidson & CO. grew its stake in Fair Isaac by 1.0% in the 4th quarter. D.A. Davidson & CO. now owns 621 shares of the technology company's stock valued at $1,236,000 after acquiring an additional 6 shares during the last quarter. Hedge funds and other institutional investors own 85.75% of the company's stock.
Analyst Ratings Changes
Several equities analysts have issued reports on FICO shares. Jefferies Financial Group dropped their price objective on Fair Isaac from $2,275.00 to $2,175.00 and set a "buy" rating on the stock in a report on Wednesday, February 5th. Royal Bank of Canada raised Fair Isaac from a "sector perform" rating to an "outperform" rating and lifted their price target for the stock from $2,040.00 to $2,170.00 in a research report on Wednesday, February 26th. UBS Group reduced their price objective on Fair Isaac from $2,250.00 to $2,100.00 and set a "neutral" rating for the company in a research note on Monday, January 27th. Oppenheimer cut 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. Finally, Bank of America started coverage on shares of Fair Isaac in a research note on Thursday. They set a "buy" rating and a $2,800.00 price target for the company. Four research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. According to MarketBeat, Fair Isaac currently has an average rating of "Moderate Buy" and an average target price of $2,131.86.
View Our Latest Stock Analysis on Fair Isaac
About Fair Isaac
(
Get Free Report)
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.
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