Fair Isaac Co. (NYSE:FICO) Short Interest Up 13.5% in December

Fair Isaac Co. (NYSE:FICO - Get Free Report) saw a large growth in short interest in December. As of December 31st, there was short interest totalling 669,900 shares, a growth of 13.5% from the December 15th total of 590,000 shares. Approximately 2.8% of the company's stock are short sold. Based on an average daily volume of 156,700 shares, the short-interest ratio is currently 4.3 days.

Insider Transactions at Fair Isaac

In other Fair Isaac news, EVP Thomas A. Bowers sold 2,680 shares of the business's stock in a transaction that occurred on Monday, November 11th. The shares were sold at an average price of $2,338.21, for a total value of $6,266,402.80. Following the completion of the sale, the executive vice president now directly owns 5,769 shares of the company's stock, valued at $13,489,133.49. The trade was a 31.72 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, EVP James M. Wehmann sold 3,500 shares of the firm's stock in a transaction on Thursday, November 21st. The shares were sold at an average price of $2,320.41, for a total transaction of $8,121,435.00. Following the transaction, the executive vice president now owns 48,895 shares in the company, valued at $113,456,446.95. This represents a 6.68 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 13,589 shares of company stock valued at $31,258,963 in the last three months. Corporate insiders own 3.54% of the company's stock.

Hedge Funds Weigh In On Fair Isaac

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Capital Performance Advisors LLP acquired a new stake in Fair Isaac in the 3rd quarter valued at $25,000. True Wealth Design LLC lifted its holdings in shares of Fair Isaac by 900.0% during the third 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. boosted its stake in shares of Fair Isaac by 37.5% in the 3rd quarter. Meeder Asset Management Inc. now owns 22 shares of the technology company's stock valued at $43,000 after purchasing an additional 6 shares in the last quarter. Versant Capital Management Inc grew its holdings in shares of Fair Isaac by 500.0% in the 4th quarter. Versant Capital Management Inc now owns 24 shares of the technology company's stock worth $48,000 after purchasing an additional 20 shares during the last quarter. Finally, Covestor Ltd increased its position in shares of Fair Isaac by 30.0% during the 3rd quarter. Covestor Ltd now owns 26 shares of the technology company's stock worth $52,000 after purchasing an additional 6 shares in the last quarter. 85.75% of the stock is owned by institutional investors.

Fair Isaac Stock Performance

Shares of NYSE:FICO traded down $72.58 during trading on Friday, hitting $1,897.10. 362,499 shares of the stock were exchanged, compared to its average volume of 134,171. The company's fifty day simple moving average is $2,161.98 and its 200-day simple moving average is $1,929.40. The company has a market capitalization of $46.19 billion, a price-to-earnings ratio of 92.77, a price-to-earnings-growth ratio of 3.55 and a beta of 1.40. Fair Isaac has a 1-year low of $1,105.65 and a 1-year high of $2,402.51.

Analyst Upgrades and Downgrades

FICO has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. initiated coverage on Fair Isaac in a research note on Friday, December 20th. They issued a "neutral" rating and a $2,150.00 price objective on the stock. Oppenheimer reduced their price objective on shares of Fair Isaac from $2,515.00 to $2,409.00 and set an "outperform" rating for the company in a research note on Tuesday, January 7th. Jefferies Financial Group lifted their target price on shares of Fair Isaac from $2,250.00 to $2,275.00 and gave the stock a "buy" rating in a report on Wednesday. Wells Fargo & Company upped their price target 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, Royal Bank of Canada reiterated a "sector perform" rating and issued a $2,040.00 price objective on shares of Fair Isaac in a research note on Thursday, November 7th. Five research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat, Fair Isaac has a consensus rating of "Moderate Buy" and an average target price of $2,087.77.

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.