Fair Isaac Co. (NYSE:FICO) EVP Sells $6,585,570.00 in Stock

Fair Isaac Co. (NYSE:FICO) EVP James M. Wehmann sold 3,000 shares of the firm’s stock in a transaction that occurred on Thursday, December 12th. The shares were sold at an average price of $2,195.19, for a total transaction of $6,585,570.00. Following the completion of the transaction, the executive vice president now directly owns 51,911 shares of the company’s stock, valued at $113,954,508.09. This represents a 5.46 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Fair Isaac Price Performance

Shares of NYSE:FICO opened at $2,051.10 on Thursday. Fair Isaac Co. has a 12 month low of $1,105.65 and a 12 month high of $2,402.51. The firm has a market capitalization of $49.94 billion, a P/E ratio of 100.30, a P/E/G ratio of 4.05 and a beta of 1.36. The company’s fifty day moving average price is $2,178.75 and its 200 day moving average price is $1,840.20.

Analysts Set New Price Targets

A number of research firms have issued reports on FICO. Oppenheimer increased their price target on Fair Isaac from $2,324.00 to $2,515.00 and gave the company an “outperform” rating in a research report on Monday, December 2nd. Barclays raised their target price on shares of Fair Isaac from $2,150.00 to $2,350.00 and gave the company an “overweight” rating in a report on Thursday, November 7th. Royal Bank of Canada reiterated a “sector perform” rating and set a $2,040.00 price target on shares of Fair Isaac in a report on Thursday, November 7th. Wells Fargo & Company raised their price objective 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. Finally, The Goldman Sachs Group lifted their price objective 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. Four equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $2,022.67.

Institutional Trading of Fair Isaac

Hedge funds and other institutional investors have recently made changes to their positions in the company. First National Bank of Omaha acquired a new stake in Fair Isaac during the 3rd quarter worth $1,576,000. National Bank of Canada FI raised its holdings in shares of Fair Isaac by 51.9% in the third quarter. National Bank of Canada FI now owns 19,817 shares of the technology company’s stock valued at $38,514,000 after buying an additional 6,768 shares during the last quarter. Swedbank AB boosted its stake in shares of Fair Isaac by 11.5% during the third quarter. Swedbank AB now owns 9,822 shares of the technology company’s stock worth $19,089,000 after buying an additional 1,013 shares during the period. BNP Paribas purchased a new position in shares of Fair Isaac during the third quarter worth about $445,000. Finally, Harvest Fund Management Co. Ltd increased its position in Fair Isaac by 86.3% in the 3rd quarter. Harvest Fund Management Co. Ltd now owns 760 shares of the technology company’s stock valued at $1,477,000 after acquiring an additional 352 shares during the period. Institutional investors and hedge funds 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.