William J. Lansing Sells 8,000 Shares of Fair Isaac Co. (NYSE:FICO) Stock

Fair Isaac Co. (NYSE:FICO) CEO William J. Lansing sold 8,000 shares of the company’s stock in a transaction on Tuesday, April 16th. The shares were sold at an average price of $1,140.55, for a total value of $9,124,400.00. Following the transaction, the chief executive officer now directly owns 12,638 shares in the company, valued at approximately $14,414,270.90. The sale was disclosed in a filing with the SEC, which is available through this hyperlink.

Fair Isaac Stock Down 2.8 %

Shares of NYSE FICO opened at $1,130.06 on Friday. The firm has a market capitalization of $28.08 billion, a P/E ratio of 63.17, a P/E/G ratio of 2.55 and a beta of 1.21. The stock’s 50-day simple moving average is $1,250.01 and its two-hundred day simple moving average is $1,138.67. Fair Isaac Co. has a twelve month low of $692.87 and a twelve month high of $1,349.75.

Fair Isaac (NYSE:FICO) last announced its earnings results on Thursday, January 25th. The technology company reported $3.87 earnings per share for the quarter, topping analysts’ consensus estimates of $3.76 by $0.11. The business had revenue of $382.06 million for the quarter, compared to analyst estimates of $386.55 million. Fair Isaac had a negative return on equity of 57.80% and a net margin of 29.20%. As a group, research analysts anticipate that Fair Isaac Co. will post 19.95 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the company. Raymond James upped their price target on Fair Isaac from $1,214.00 to $1,400.00 and gave the company an “outperform” rating in a research report on Friday, January 26th. Barclays boosted their price objective on Fair Isaac from $1,234.00 to $1,500.00 and gave the company an “overweight” rating in a research note on Friday, January 26th. Royal Bank of Canada reiterated a “sector perform” rating and set a $1,350.00 price objective on shares of Fair Isaac in a research note on Friday, January 26th. Needham & Company LLC boosted their price objective on Fair Isaac from $1,100.00 to $1,500.00 and gave the company a “buy” rating in a research note on Friday, January 26th. Finally, Jefferies Financial Group boosted their price objective on Fair Isaac from $1,210.00 to $1,450.00 and gave the company a “buy” rating in a research note on Wednesday, January 17th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $1,180.45.

Hedge Funds Weigh In On Fair Isaac

A number of large investors have recently modified their holdings of FICO. Private Advisor Group LLC purchased a new position in shares of Fair Isaac during the 1st quarter valued at about $324,000. PNC Financial Services Group Inc. raised its holdings in shares of Fair Isaac by 3.0% during the 1st quarter. PNC Financial Services Group Inc. now owns 1,845 shares of the technology company’s stock valued at $860,000 after buying an additional 54 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund raised its holdings in shares of Fair Isaac by 423.2% during the 1st quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 293 shares of the technology company’s stock valued at $137,000 after buying an additional 237 shares in the last quarter. Great West Life Assurance Co. Can raised its holdings in shares of Fair Isaac by 0.7% during the 1st quarter. Great West Life Assurance Co. Can now owns 20,658 shares of the technology company’s stock valued at $9,998,000 after buying an additional 135 shares in the last quarter. Finally, Raymond James Trust N.A. raised its holdings in shares of Fair Isaac by 12.4% during the 1st quarter. Raymond James Trust N.A. now owns 964 shares of the technology company’s stock valued at $449,000 after buying an additional 106 shares in the last quarter. 85.75% of the stock is owned by hedge funds and other institutional investors.

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.