Fair Isaac Co. (NYSE:FICO) Director Marc F. Mcmorris Sells 520 Shares

Fair Isaac Co. (NYSE:FICO) Director Marc F. Mcmorris sold 520 shares of the business’s stock in a transaction dated Tuesday, December 17th. The stock was sold at an average price of $2,152.57, for a total transaction of $1,119,336.40. Following the transaction, the director now owns 242 shares in the company, valued at approximately $520,921.94. This trade represents a 68.24 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

Fair Isaac Stock Down 0.3 %

NYSE:FICO traded down $6.21 during midday trading on Thursday, reaching $2,044.89. The stock had a trading volume of 208,052 shares, compared to its average volume of 169,404. The stock has a market cap of $49.79 billion, a P/E ratio of 99.99, a P/E/G ratio of 4.05 and a beta of 1.36. The firm has a fifty day simple moving average of $2,178.75 and a two-hundred day simple moving average of $1,840.20. Fair Isaac Co. has a 12-month low of $1,105.65 and a 12-month high of $2,402.51.

Institutional Trading of Fair Isaac

Large investors have recently modified their holdings of the business. State Street Corp boosted its position in shares of Fair Isaac by 0.5% in the third quarter. State Street Corp now owns 1,045,165 shares of the technology company’s stock worth $2,031,299,000 after buying an additional 5,472 shares during the period. Geode Capital Management LLC raised its holdings in shares of Fair Isaac by 1.0% during the third quarter. Geode Capital Management LLC now owns 645,379 shares of the technology company’s stock worth $1,251,537,000 after purchasing an additional 6,510 shares during the period. International Assets Investment Management LLC boosted its position in Fair Isaac by 189,461.6% during the 3rd quarter. International Assets Investment Management LLC now owns 538,355 shares of the technology company’s stock valued at $1,046,304,000 after purchasing an additional 538,071 shares during the period. Principal Financial Group Inc. increased its holdings in shares of Fair Isaac by 0.5% in the 3rd quarter. Principal Financial Group Inc. now owns 372,582 shares of the technology company’s stock worth $724,122,000 after acquiring an additional 1,977 shares during the period. Finally, American Century Companies Inc. raised its holdings in shares of Fair Isaac by 6.7% during the second quarter. American Century Companies Inc. now owns 345,628 shares of the technology company’s stock valued at $514,523,000 after buying an additional 21,768 shares during the last quarter. 85.75% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of analysts have recently weighed in on the company. Needham & Company LLC raised their target price 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. UBS Group assumed coverage on Fair Isaac in a research report on Tuesday, October 1st. They set a “neutral” rating and a $2,100.00 price objective for the company. Wells Fargo & Company boosted their target price on shares of Fair Isaac from $2,200.00 to $2,400.00 and gave the stock an “overweight” rating in a report on Thursday, November 7th. Barclays upped their target price on shares of Fair Isaac from $2,150.00 to $2,350.00 and gave the company an “overweight” rating in a research report on Thursday, November 7th. Finally, Oppenheimer increased 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 report on Monday, December 2nd. Four investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $2,022.67.

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.