Brokerages Set Fair Isaac Co. (NYSE:FICO) Price Target at $2,032.46

Shares of Fair Isaac Co. (NYSE:FICO) have received a consensus rating of “Moderate Buy” from the thirteen research firms that are currently covering the company, MarketBeat Ratings reports. Five analysts have rated the stock with a hold rating and eight have issued a buy rating on the company. The average 1 year price objective among brokerages that have covered the stock in the last year is $2,032.46.

A number of equities analysts recently issued reports on FICO shares. Robert W. Baird increased their price target on shares of Fair Isaac from $1,700.00 to $2,000.00 and gave the stock a “neutral” rating in a research note on Thursday, November 7th. Needham & Company LLC raised their target price on Fair Isaac from $1,850.00 to $2,500.00 and gave the company a “buy” rating in a research note on Thursday, November 7th. The Goldman Sachs Group upped their price target on Fair Isaac from $2,374.00 to $2,661.00 and gave the stock a “buy” rating in a research note on Thursday, December 5th. UBS Group initiated coverage on Fair Isaac in a research report on Tuesday, October 1st. They set a “neutral” rating and a $2,100.00 price objective for the company. Finally, Oppenheimer upped their target price on shares of Fair Isaac from $2,324.00 to $2,515.00 and gave the stock an “outperform” rating in a research report on Monday, December 2nd.

Insider Transactions at Fair Isaac

In other Fair Isaac news, Director Henry Tayloe Stansbury sold 249 shares of the company’s stock in a transaction dated Monday, November 11th. The stock was sold at an average price of $2,338.55, for a total value of $582,298.95. Following the completion of the sale, the director now owns 92 shares in the company, valued at $215,146.60. This represents a 73.02 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Marc F. Mcmorris sold 520 shares of the business’s stock in a transaction that occurred on Tuesday, December 17th. The shares were sold at an average price of $2,152.57, for a total value of $1,119,336.40. Following the transaction, the director now owns 242 shares of the company’s stock, valued at approximately $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. Insiders have sold 13,450 shares of company stock worth $30,985,908 in the last quarter. Company insiders own 3.54% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in FICO. State Street Corp lifted its position in shares of Fair Isaac by 0.5% in the third quarter. State Street Corp now owns 1,045,165 shares of the technology company’s stock worth $2,031,299,000 after buying an additional 5,472 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in shares of Fair Isaac by 1.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 673,242 shares of the technology company’s stock worth $1,308,460,000 after acquiring an additional 7,466 shares in the last quarter. Geode Capital Management LLC boosted its position in shares of Fair Isaac by 1.0% during the 3rd quarter. Geode Capital Management LLC now owns 645,379 shares of the technology company’s stock valued at $1,251,537,000 after acquiring an additional 6,510 shares during the last quarter. International Assets Investment Management LLC grew its holdings in shares of Fair Isaac by 189,461.6% in 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 in the last quarter. Finally, Principal Financial Group Inc. raised its stake in Fair Isaac by 0.5% during the third quarter. Principal Financial Group Inc. now owns 372,582 shares of the technology company’s stock valued at $724,122,000 after purchasing an additional 1,977 shares in the last quarter. 85.75% of the stock is currently owned by institutional investors.

Fair Isaac Trading Down 1.1 %

Shares of Fair Isaac stock opened at $1,990.93 on Monday. Fair Isaac has a 12-month low of $1,105.65 and a 12-month high of $2,402.51. The company has a market cap of $48.48 billion, a P/E ratio of 97.36, a PEG ratio of 4.05 and a beta of 1.36. The company’s fifty day simple moving average is $2,184.70 and its two-hundred day simple moving average is $1,890.30.

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.