Fair Isaac Co. (NYSE:FICO) Receives Average Rating of “Moderate Buy” from Analysts

Shares of Fair Isaac Co. (NYSE:FICO) have been given a consensus rating of “Moderate Buy” by the fourteen analysts that are presently covering the company, Marketbeat Ratings reports. Four equities research analysts have rated the stock with a hold recommendation and ten have given a buy recommendation to the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is $2,131.86.

A number of research analysts recently issued reports on FICO shares. Oppenheimer cut their price target on Fair Isaac from $2,515.00 to $2,409.00 and set an “outperform” rating for the company in a report on Tuesday, January 7th. UBS Group dropped their target price on shares of 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. Needham & Company LLC reissued a “buy” rating and set a $2,500.00 price target on shares of Fair Isaac in a research note on Friday. Robert W. Baird dropped their price objective on shares of Fair Isaac from $1,975.00 to $1,775.00 and set a “neutral” rating for the company in a research report on Wednesday, February 5th. Finally, Bank of America assumed coverage on Fair Isaac in a research report on Thursday. They issued a “buy” rating and a $2,800.00 price objective on the stock.

Insider Transactions at Fair Isaac

In other news, CEO William J. Lansing sold 6,010 shares of Fair Isaac stock in a transaction on Tuesday, February 11th. The shares were sold at an average price of $1,804.23, for a total transaction of $10,843,422.30. Following the transaction, the chief executive officer now directly owns 42,138 shares of the company’s stock, valued at $76,026,643.74. This trade represents a 12.48 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. In the last ninety days, insiders sold 13,058 shares of company stock worth $23,119,030. 3.46% of the stock is currently owned by company insiders.

Institutional Trading of Fair Isaac

Hedge funds have recently added to or reduced their stakes in the business. Principal Financial Group Inc. raised its position in shares of Fair Isaac by 0.5% during the third quarter. Principal Financial Group Inc. now owns 372,582 shares of the technology company’s stock worth $724,122,000 after purchasing an additional 1,977 shares during the period. Verition Fund Management LLC bought a new stake in Fair Isaac during the 3rd quarter worth approximately $838,000. Centiva Capital LP acquired a new stake in Fair Isaac during the 3rd quarter worth approximately $303,000. HighTower Advisors LLC lifted its stake in Fair Isaac by 2.6% in the third quarter. HighTower Advisors LLC now owns 1,516 shares of the technology company’s stock valued at $2,968,000 after buying an additional 38 shares in the last quarter. Finally, Zacks Investment Management boosted its holdings in shares of Fair Isaac by 4.3% in the third quarter. Zacks Investment Management now owns 384 shares of the technology company’s stock valued at $747,000 after buying an additional 16 shares during the period. Institutional investors and hedge funds own 85.75% of the company’s stock.

Fair Isaac Stock Up 2.4 %

Shares of FICO stock opened at $1,894.76 on Wednesday. The company has a market capitalization of $46.27 billion, a P/E ratio of 86.96, a P/E/G ratio of 3.27 and a beta of 1.37. Fair Isaac has a 12-month low of $1,105.65 and a 12-month high of $2,402.52. The firm has a 50-day moving average price of $1,814.70 and a 200 day moving average price of $1,982.11.

Fair Isaac (NYSE:FICO) last announced its earnings results on Tuesday, February 4th. The technology company reported $4.15 EPS for the quarter, missing the consensus estimate of $6.21 by ($2.06). Fair Isaac had a negative return on equity of 53.40% and a net margin of 30.66%. As a group, research analysts expect that Fair Isaac will post 24.15 earnings per share for the current year.

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.