Insider Selling: Fair Isaac Co. (NYSE:FICO) CFO Sells 139 Shares of Stock

Fair Isaac Co. (NYSE:FICO - Get Free Report) CFO Steven P. Weber sold 139 shares of Fair Isaac stock in a transaction that occurred 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 transaction, the chief financial officer now directly owns 2,478 shares in the company, valued at approximately $4,867,832.76. This represents a 5.31 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Fair Isaac Stock Performance

Fair Isaac stock traded up $33.07 during mid-day trading on Tuesday, reaching $1,945.05. The company's stock had a trading volume of 99,465 shares, compared to its average volume of 147,546. Fair Isaac Co. has a 12-month low of $1,105.65 and a 12-month high of $2,402.51. The company has a market capitalization of $47.36 billion, a P/E ratio of 95.11, a PEG ratio of 4.00 and a beta of 1.40. The firm's fifty day moving average price is $2,177.19 and its two-hundred day moving average price is $1,922.41.

Institutional Investors Weigh In On Fair Isaac

A number of institutional investors and hedge funds have recently made changes to their positions in FICO. First National Bank of Omaha purchased a new position in shares of Fair Isaac during the third quarter worth about $1,576,000. National Bank of Canada FI grew its holdings in shares of Fair Isaac by 51.9% during the third quarter. National Bank of Canada FI now owns 19,817 shares of the technology company's stock worth $38,514,000 after purchasing an additional 6,768 shares in the last quarter. Swedbank AB grew its holdings 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 purchasing an additional 1,013 shares in the last quarter. 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 grew its holdings in shares of Fair Isaac by 86.3% during the third quarter. Harvest Fund Management Co. Ltd now owns 760 shares of the technology company's stock worth $1,477,000 after purchasing an additional 352 shares in the last quarter. Hedge funds and other institutional investors own 85.75% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on FICO shares. Royal Bank of Canada reissued a "sector perform" rating and set a $2,040.00 target price on shares of Fair Isaac in a research report on Thursday, November 7th. Oppenheimer lowered their price target on shares of Fair Isaac from $2,515.00 to $2,409.00 and set an "outperform" rating on the stock in a report on Tuesday, January 7th. Robert W. Baird lifted 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 report on Thursday, November 7th. Barclays lifted their price target on shares of Fair Isaac from $2,150.00 to $2,350.00 and gave the stock an "overweight" rating in a report on Thursday, November 7th. Finally, Needham & Company LLC lifted their price target on shares of Fair Isaac from $1,850.00 to $2,500.00 and gave the stock a "buy" rating in a report on Thursday, November 7th. Five investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $2,024.31.

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.

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