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

Shares of Fair Isaac Co. (NYSE:FICO) have received a consensus recommendation of “Moderate Buy” from the thirteen ratings firms that are presently covering the firm, Marketbeat reports. Five analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The average 12-month price objective among brokerages that have covered the stock in the last year is $2,078.15.

FICO has been the topic of a number of recent research reports. Jefferies Financial Group dropped their price objective on shares of Fair Isaac from $2,275.00 to $2,175.00 and set a “buy” rating on the stock in a research note on Wednesday, February 5th. UBS Group dropped their price objective on shares of Fair Isaac from $2,250.00 to $2,100.00 and set a “neutral” rating on the stock in a research note on Monday, January 27th. Royal Bank of Canada reissued a “sector perform” rating and set a $2,040.00 price target on shares of Fair Isaac in a research report on Thursday, November 7th. Wells Fargo & Company dropped their price target on shares of Fair Isaac from $2,650.00 to $2,600.00 and set an “overweight” rating on the stock in a research report on Wednesday, February 5th. Finally, Needham & Company LLC reissued a “buy” rating and set a $2,500.00 price target on shares of Fair Isaac in a research report on Wednesday, February 5th.

Fair Isaac Trading Down 0.4 %

NYSE:FICO opened at $1,795.33 on Tuesday. The stock has a market capitalization of $43.84 billion, a price-to-earnings ratio of 82.39, a PEG ratio of 3.61 and a beta of 1.39. The firm has a fifty day simple moving average of $1,954.33 and a two-hundred day simple moving average of $1,973.50. Fair Isaac has a 12 month low of $1,105.65 and a 12 month high of $2,402.51.

Fair Isaac (NYSE:FICO) last released its quarterly earnings data 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 predict that Fair Isaac will post 23.91 earnings per share for the current fiscal year.

Insider Transactions at Fair Isaac

In related news, CFO Steven P. Weber sold 139 shares of the business’s stock in a transaction that occurred on Thursday, January 9th. The shares were 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 approximately $4,867,832.76. The trade was a 5.31 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP James M. Wehmann sold 3,500 shares of the business’s stock in a transaction that occurred on Thursday, December 5th. The shares were sold at an average price of $2,373.85, for a total transaction of $8,308,475.00. Following the transaction, the executive vice president now directly owns 45,395 shares of the company’s stock, valued at approximately $107,760,920.75. This represents a 7.16 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 16,670 shares of company stock worth $35,253,683 over the last quarter. Corporate insiders own 3.46% of the company’s stock.

Institutional Investors Weigh In On Fair Isaac

Several hedge funds have recently bought and sold shares of FICO. International Assets Investment Management LLC lifted its position in Fair Isaac by 189,461.6% during the third quarter. International Assets Investment Management LLC now owns 538,355 shares of the technology company’s stock valued at $1,046,304,000 after purchasing an additional 538,071 shares during the last quarter. Norges Bank bought a new stake in Fair Isaac during the fourth quarter valued at approximately $442,369,000. Wealthfront Advisers LLC lifted its position in Fair Isaac by 5,217.6% during the fourth quarter. Wealthfront Advisers LLC now owns 147,031 shares of the technology company’s stock valued at $292,728,000 after purchasing an additional 144,266 shares during the last quarter. Proficio Capital Partners LLC bought a new stake in Fair Isaac during the fourth quarter valued at approximately $261,610,000. Finally, Arrowstreet Capital Limited Partnership lifted its position in Fair Isaac by 376.1% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 161,628 shares of the technology company’s stock valued at $321,790,000 after purchasing an additional 127,679 shares during the last quarter. 85.75% of the stock is currently owned by 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.