Fair Isaac Co. (NYSE:FICO) Given Consensus Recommendation of "Moderate Buy" by Brokerages

Fair Isaac Co. (NYSE:FICO - Get Free Report) has been given a consensus rating of "Moderate Buy" by the thirteen ratings firms that are presently covering the stock, MarketBeat.com 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 objective among brokers that have issued a report on the stock in the last year is $2,032.46.

FICO has been the subject of several analyst reports. Oppenheimer raised 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 research note on Monday, December 2nd. JPMorgan Chase & Co. began coverage on Fair Isaac in a report on Friday, December 20th. They issued a "neutral" rating and a $2,150.00 price target for the company. UBS Group initiated coverage on Fair Isaac in a research note on Tuesday, October 1st. They issued a "neutral" rating and a $2,100.00 price objective on the stock. Wells Fargo & Company lifted their target price on Fair Isaac from $2,200.00 to $2,400.00 and gave the company an "overweight" rating in a research report on Thursday, November 7th. Finally, 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.

Fair Isaac Stock Performance

NYSE FICO traded down $23.68 on Monday, hitting $2,013.65. 105,162 shares of the stock were exchanged, compared to its average volume of 168,393. Fair Isaac has a 52-week low of $1,105.65 and a 52-week high of $2,402.51. The firm has a market capitalization of $49.03 billion, a P/E ratio of 98.47, a P/E/G ratio of 4.05 and a beta of 1.36. The stock has a fifty day moving average price of $2,185.20 and a two-hundred day moving average price of $1,880.89.

Insider Activity

In other news, EVP Thomas A. Bowers sold 2,680 shares of the stock in a transaction dated Monday, November 11th. The stock was sold at an average price of $2,338.21, for a total value of $6,266,402.80. Following the transaction, the executive vice president now directly owns 5,769 shares of the company's stock, valued at approximately $13,489,133.49. This represents a 31.72 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Henry Tayloe Stansbury sold 249 shares of the firm's stock in a transaction that occurred 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 transaction, the director now directly owns 92 shares of the company's stock, valued at $215,146.60. This represents a 73.02 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 13,450 shares of company stock worth $30,985,908. Insiders own 3.54% of the company's stock.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of FICO. Capital Performance Advisors LLP purchased a new position in Fair Isaac during the third quarter worth approximately $25,000. Tortoise Investment Management LLC lifted its position in shares of Fair Isaac by 81.8% during the 2nd quarter. Tortoise Investment Management LLC now owns 20 shares of the technology company's stock valued at $30,000 after buying an additional 9 shares in the last quarter. True Wealth Design LLC grew its stake in Fair Isaac by 900.0% in the 3rd quarter. True Wealth Design LLC now owns 20 shares of the technology company's stock valued at $39,000 after acquiring an additional 18 shares during the period. Meeder Asset Management Inc. increased its holdings in Fair Isaac by 37.5% in the 3rd quarter. Meeder Asset Management Inc. now owns 22 shares of the technology company's stock worth $43,000 after acquiring an additional 6 shares in the last quarter. Finally, Covestor Ltd raised its position in Fair Isaac by 30.0% during the third quarter. Covestor Ltd now owns 26 shares of the technology company's stock worth $52,000 after acquiring an additional 6 shares during the period. 85.75% of the stock is owned by institutional investors and hedge funds.

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.