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

Shares of Fair Isaac Co. (NYSE:FICO) have been given an average rating of “Moderate Buy” by the thirteen research firms that are currently covering the firm, MarketBeat Ratings reports. Four research analysts have rated the stock with a hold rating and nine have given a buy rating to the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is $2,080.46.

Several equities analysts have recently issued reports on the company. UBS Group decreased their price objective on Fair Isaac from $2,250.00 to $2,100.00 and set a “neutral” rating for the company in a report on Monday, January 27th. Wells Fargo & Company decreased their price target on Fair Isaac from $2,650.00 to $2,600.00 and set an “overweight” rating for the company in a report on Wednesday, February 5th. Oppenheimer dropped their price objective on shares of Fair Isaac from $2,515.00 to $2,409.00 and set an “outperform” rating on the stock in a research note on Tuesday, January 7th. Needham & Company LLC reiterated a “buy” rating and issued a $2,500.00 target price on shares of Fair Isaac in a research note on Wednesday, February 5th. Finally, Barclays dropped their price target on shares of Fair Isaac from $2,350.00 to $2,250.00 and set an “overweight” rating on the stock in a research report on Friday, April 4th.

Fair Isaac Trading Down 2.6 %

FICO opened at $1,668.93 on Wednesday. Fair Isaac has a 12-month low of $1,105.65 and a 12-month high of $2,402.52. The firm has a 50 day moving average of $1,813.35 and a two-hundred day moving average of $1,983.89. The firm has a market capitalization of $40.75 billion, a PE ratio of 76.59, a P/E/G ratio of 3.27 and a beta of 1.37.

Fair Isaac (NYSE:FICO) last issued its earnings results on Tuesday, February 4th. The technology company reported $4.15 earnings per share (EPS) for the quarter, missing the consensus estimate of $6.21 by ($2.06). Fair Isaac had a negative return on equity of 53.40% and a net margin of 30.66%. As a group, analysts predict that Fair Isaac will post 24.15 EPS for the current fiscal year.

Insider Buying and Selling

In related news, CEO William J. Lansing sold 4,092 shares of the stock in a transaction on Tuesday, March 11th. The stock was sold at an average price of $1,727.69, for a total value of $7,069,707.48. Following the completion of the transaction, the chief executive officer now directly owns 42,138 shares of the company’s stock, valued at approximately $72,801,401.22. This represents a 8.85 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, 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 sale, the chief financial officer now directly owns 2,478 shares in the company, valued at approximately $4,867,832.76. This trade represents a 5.31 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 10,241 shares of company stock worth $18,186,184 in the last 90 days. Insiders own 3.46% of the company’s stock.

Institutional Trading of Fair Isaac

A number of hedge funds have recently bought and sold shares of FICO. Rhumbline Advisers boosted its holdings in shares of Fair Isaac by 3.7% during the 1st quarter. Rhumbline Advisers now owns 51,873 shares of the technology company’s stock worth $95,662,000 after purchasing an additional 1,867 shares during the last quarter. Parallel Advisors LLC boosted its stake in Fair Isaac by 5.2% during the first quarter. Parallel Advisors LLC now owns 522 shares of the technology company’s stock worth $962,000 after buying an additional 26 shares during the last quarter. GAMMA Investing LLC grew its holdings in Fair Isaac by 286,768.9% in the 1st quarter. GAMMA Investing LLC now owns 258,182 shares of the technology company’s stock valued at $476,129,000 after buying an additional 258,092 shares in the last quarter. Versant Capital Management Inc increased its stake in shares of Fair Isaac by 270.8% in the 1st quarter. Versant Capital Management Inc now owns 89 shares of the technology company’s stock worth $164,000 after acquiring an additional 65 shares during the last quarter. Finally, MassMutual Private Wealth & Trust FSB raised its holdings in shares of Fair Isaac by 17.2% during the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 102 shares of the technology company’s stock worth $188,000 after acquiring an additional 15 shares during the period. Institutional investors and hedge funds own 85.75% of the company’s stock.

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.