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

Shares of Fair Isaac Co. (NYSE:FICO) have earned an average recommendation of “Moderate Buy” from the thirteen brokerages that are covering the stock, MarketBeat.com reports. Five investment analysts have rated the stock with a hold recommendation and eight have issued a buy recommendation on the company. The average 1 year target price among brokers that have issued ratings on the stock in the last year is $2,087.77.

A number of research firms recently issued reports on FICO. Royal Bank of Canada restated a “sector perform” rating and set a $2,040.00 price target on shares of Fair Isaac in a research note on Thursday, November 7th. Wells Fargo & Company upped their target price on shares of Fair Isaac from $2,200.00 to $2,400.00 and gave the company an “overweight” rating in a report on Thursday, November 7th. Oppenheimer lowered their price target on 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. Barclays boosted their price target on Fair Isaac from $2,150.00 to $2,350.00 and gave the company an “overweight” rating in a research report on Thursday, November 7th. Finally, The Goldman Sachs Group increased their price objective on Fair Isaac from $2,374.00 to $2,661.00 and gave the stock a “buy” rating in a research report on Thursday, December 5th.

Fair Isaac Trading Down 1.6 %

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

Insider Buying and Selling at Fair Isaac

In other news, CFO Steven P. Weber sold 139 shares of Fair Isaac stock in a transaction on Thursday, January 9th. The stock was sold at an average price of $1,964.42, for a total transaction of $273,054.38. Following the completion of the transaction, the chief financial officer now owns 2,478 shares of the company’s stock, valued at $4,867,832.76. The trade was a 5.31 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Marc F. Mcmorris sold 520 shares of the firm’s stock in a transaction dated Tuesday, December 17th. The shares were sold at an average price of $2,152.57, for a total transaction of $1,119,336.40. Following the transaction, the director now owns 242 shares of the company’s stock, valued at $520,921.94. This trade represents a 68.24 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 13,589 shares of company stock valued at $31,258,963. Corporate insiders own 3.54% of the company’s stock.

Institutional Trading of Fair Isaac

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Heck Capital Advisors LLC purchased a new position in Fair Isaac in the 4th quarter valued at about $251,000. Caprock Group LLC raised its position in shares of Fair Isaac by 1.7% in the fourth quarter. Caprock Group LLC now owns 4,146 shares of the technology company’s stock valued at $8,254,000 after buying an additional 71 shares during the last quarter. Mediolanum International Funds Ltd lifted its stake in shares of Fair Isaac by 88.0% during the fourth quarter. Mediolanum International Funds Ltd now owns 4,538 shares of the technology company’s stock valued at $9,115,000 after buying an additional 2,124 shares during the period. Gilbert & Cook Inc. boosted its position in Fair Isaac by 9.2% during the fourth quarter. Gilbert & Cook Inc. now owns 415 shares of the technology company’s stock worth $826,000 after acquiring an additional 35 shares during the last quarter. Finally, New England Research & Management Inc. purchased a new stake in Fair Isaac in the 4th quarter worth approximately $498,000. Hedge funds and other institutional investors own 85.75% of the company’s stock.

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.