Fair Isaac Co. (NYSE:FICO) CEO William J. Lansing Sells 6,010 Shares

Fair Isaac Co. (NYSE:FICO - Get Free Report) CEO William J. Lansing sold 6,010 shares of the business's stock in a transaction that occurred on Tuesday, February 11th. The shares were sold at an average price of $1,804.23, for a total value of $10,843,422.30. Following the completion of the transaction, the chief executive officer now directly owns 42,138 shares in the company, valued at approximately $76,026,643.74. This trade represents a 12.48 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.

Fair Isaac Price Performance

Shares of FICO traded down $7.46 during mid-day trading on Monday, hitting $1,795.33. The stock had a trading volume of 99,645 shares, compared to its average volume of 254,241. Fair Isaac Co. has a 52 week low of $1,105.65 and a 52 week high of $2,402.51. The business has a fifty day moving average price of $1,954.33 and a 200-day moving average price of $1,973.50. The firm has a market cap of $43.84 billion, a P/E ratio of 82.39, a PEG ratio of 3.61 and a beta of 1.39.

Fair Isaac (NYSE:FICO - Get Free Report) last announced its quarterly earnings data on Tuesday, February 4th. The technology company reported $4.15 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $6.21 by ($2.06). Fair Isaac had a net margin of 30.66% and a negative return on equity of 53.40%. As a group, research analysts expect that Fair Isaac Co. will post 23.91 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of research firms recently weighed in on FICO. Robert W. Baird dropped their price target on Fair Isaac from $1,975.00 to $1,775.00 and set a "neutral" rating on the stock in a research note on Wednesday, February 5th. Jefferies Financial Group lowered their price objective on shares of Fair Isaac from $2,275.00 to $2,175.00 and set a "buy" rating on the stock in a report on Wednesday, February 5th. Barclays lifted their price objective on shares of Fair Isaac from $2,150.00 to $2,350.00 and gave the company an "overweight" rating in a report on Thursday, November 7th. Wells Fargo & Company lowered their target price on shares of Fair Isaac from $2,650.00 to $2,600.00 and set an "overweight" rating on the stock in a report on Wednesday, February 5th. Finally, Needham & Company LLC reiterated a "buy" rating and set a $2,500.00 price target on shares of Fair Isaac in a report on Wednesday, February 5th. Five investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $2,078.15.

Institutional Trading of Fair Isaac

Institutional investors have recently modified their holdings of the business. First National Bank of Omaha purchased a new position in Fair Isaac during the 3rd quarter valued at about $1,576,000. National Bank of Canada FI grew its stake in 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 valued at $38,514,000 after acquiring an additional 6,768 shares in the last quarter. Donoghue Forlines LLC bought a new stake in Fair Isaac during the 4th quarter worth approximately $1,935,000. Swedbank AB lifted its stake in Fair Isaac by 11.5% in the 3rd 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. Finally, BNP Paribas purchased a new position in shares of Fair Isaac during the 3rd quarter valued at $445,000. 85.75% of the stock is currently owned by hedge funds and other institutional investors.

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.