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

by · The Markets Daily

Fair Isaac Co. (NYSE:FICO – Get Free Report) has received a consensus recommendation of “Moderate Buy” from the thirteen brokerages that are covering the stock, MarketBeat reports. Five research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is $2,032.46.

A number of brokerages recently issued reports on FICO. The Goldman Sachs Group raised their target price on shares of 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. Barclays lifted their price objective 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. Robert W. Baird increased their target price on Fair Isaac from $1,700.00 to $2,000.00 and gave the stock a “neutral” rating in a research report on Thursday, November 7th. UBS Group assumed coverage on Fair Isaac in a report on Tuesday, October 1st. They issued a “neutral” rating and a $2,100.00 price target for the company. Finally, Oppenheimer increased their price objective on shares of Fair Isaac from $2,324.00 to $2,515.00 and gave the stock an “outperform” rating in a report on Monday, December 2nd.

Check Out Our Latest Research Report on FICO

Fair Isaac Trading Down 1.5 %

NYSE:FICO opened at $1,966.26 on Monday. The firm has a market cap of $47.87 billion, a price-to-earnings ratio of 96.15, a price-to-earnings-growth ratio of 4.05 and a beta of 1.36. Fair Isaac has a 12-month low of $1,105.65 and a 12-month high of $2,402.51. The company’s 50-day moving average is $2,184.06 and its two-hundred day moving average is $1,894.90.

Insider Activity at Fair Isaac

In related news, EVP Thomas A. Bowers sold 2,680 shares of the firm’s stock in a transaction on Monday, November 11th. The shares were sold at an average price of $2,338.21, for a total transaction of $6,266,402.80. Following the completion of the sale, the executive vice president now directly owns 5,769 shares of the company’s stock, valued at approximately $13,489,133.49. This trade represents a 31.72 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Henry Tayloe Stansbury sold 249 shares of the business’s stock in a transaction on Monday, November 11th. The stock was sold at an average price of $2,338.55, for a total transaction of $582,298.95. Following the completion of the transaction, the director now owns 92 shares in the company, valued at $215,146.60. This represents a 73.02 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 13,450 shares of company stock worth $30,985,908. Corporate insiders own 3.54% of the company’s stock.

Institutional Trading of Fair Isaac

Hedge funds and other institutional investors have recently modified their holdings of the business. GAMMA Investing LLC increased its holdings in Fair Isaac by 36.4% during the 4th quarter. GAMMA Investing LLC now owns 90 shares of the technology company’s stock worth $179,000 after purchasing an additional 24 shares during the last quarter. Versant Capital Management Inc grew its position in shares of Fair Isaac by 500.0% during the fourth quarter. Versant Capital Management Inc now owns 24 shares of the technology company’s stock worth $48,000 after buying an additional 20 shares in the last quarter. JPMorgan Chase & Co. increased its stake in shares of Fair Isaac by 1.1% in the third quarter. JPMorgan Chase & Co. now owns 673,242 shares of the technology company’s stock worth $1,308,460,000 after buying an additional 7,466 shares during the last quarter. Lord Abbett & CO. LLC raised its holdings in Fair Isaac by 18.8% in the third quarter. Lord Abbett & CO. LLC now owns 23,471 shares of the technology company’s stock valued at $45,616,000 after acquiring an additional 3,721 shares in the last quarter. Finally, DGS Capital Management LLC grew its holdings in Fair Isaac by 4.5% during the 3rd quarter. DGS Capital Management LLC now owns 690 shares of the technology company’s stock worth $1,341,000 after acquiring an additional 30 shares in the last quarter. 85.75% of the stock is owned by hedge funds and other institutional investors.

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.

Recommended Stories